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Podcast: Mining Stock Education
Episode: Fury Gold Mines Has C$76mm in Treasury (cash & restricted securities) & Is Drilling 15,000m
Description: Fury Gold Mines’ CEO Tim Clark and Chairman Ivan Bebek provide an update on the company’s progress in this episode. Fury now has CAD$76mm in the Treasury (C$16mm cash & C$60mm marketable securities) and has recently commenced a 15,000m drill program at its flagship Eau Claire deposit in the James Bay Region of Quebec with the goal of expanding the resource and demonstrating further growth potential. Through the just-closed C$11mm financing, Fury has brought on board a Canadian corporate investor as well as a U.S. institutional investor. Of these two new investors and the prospective natu...