# ex\_935386.htm

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904

Original source: https://www.sec.gov/Archives/edgar/data/1514597/000117184326002083/ex_935386.htm

Publisher: research

Original announcement: Unknown date

Analysis by Minestarters Atlas

Atlas analysis published: 2026-11-06T14:13:31.429Z

Atlas analysis updated: 2026-11-06T14:13:31.429Z

- Company: Fury Gold Mines Limited

- Ticker: FURY

- Exchange: TSX

- Region: Quebec and Nunavut

- Primary commodity: Gold

- Secondary commodities: Lithium, Rare earths

- Document categories: Other, Drill results, Capital raise, Resource update, Metallurgy

- Extracted: 2026-11-06 14:13:31 UTC

Narrative sentiment: 0.12 · Bullish

## Minestarters Atlas summary

This annual MD&amp;A summarizes Fury Gold Mines’ 2025 operating and corporate activity, including exploration results at Eau Claire, Sakami, Elmer East and Committee Bay, plus a new inferred resource at Sakami. It also details financings, liquidity, and corporate events such as the QPM acquisition and board changes. The document is a broad corporate update, but it contains several concrete drill and resource disclosures.

Reasoning: Mixed annual corporate MD&amp;A with substantive exploration, resource and financing disclosures; technically relevant but not a single dominant technical event.

- Positive factor: Annual MD&amp;A includes multiple exploration updates and a new inferred resource at Sakami

- Positive factor: Reported drill intercepts include 11.74 g/t gold over 6.63m at Eau Claire and 5.73 g/t gold over 3.0m at Committee Bay

- Positive factor: Also discloses financing progress and working capital position

- Negative factor: Broad annual MD&amp;A is a mixed corporate document rather than a single current technical event

- Negative factor: Some drill highlights are restated from earlier news releases

- Negative factor: A planned Phase 2 program and future drilling are not completed results

Facts used in scoring: 19

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The Committee Bay result states a drilled width of 19.5m and a broader interval, but the document does not provide a true width measurement for the hole; therefore the width is still apparent only and the tag is not applied.

Evidence · text

> 1.18 g/t gold over 19.5m

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The MD&amp;A names qualified persons for technical disclosures, but it does not provide assay lab or QA/QC procedures for the drill results in the excerpted text.

Evidence · text

> Bryan Atkinson. P.Geol., Senior Vice President, Exploration, and Valerie Doyon, P.Geo., Senior Project Geologist

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The Sakami resource excerpt gives tonnes, grade and ounces, but no cut-off grade is stated in the document text provided.

Evidence · text

> 23.9 million tonnes grading 1.07 g/t gold for 825,000 gold ounces

**Maiden Resource**

Polarity: neutral

Story-specific tag

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The document describes an initial inferred mineral resource estimate for La Pointe Extension.

Evidence · text

> announced an initial inferred mineral resource estimate for the La Pointe Extension target

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Eau Claire hole 26EC-099 is explicitly described as an infill drill hole targeting an inferred portion of the resource.

Evidence · text

> the key highlight was infill drill hole 26EC-099

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

## Drill Results (16)

### 26EC-099

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-0)

Eau Claire · gold

#### Identity

- Hole ID: 26EC-099
- Project: Eau Claire
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 11.74
- Grade Unit: g/t
- Intercept: 6.63 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: 26EC-099:0-6.63
- Mining Method: underground

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

Reasoning: Good-grade infill intercept that supports resource confidence, but the interval is reported as apparent width only.

- Positive factor: High-grade gold intercept over a meaningful width

- Positive factor: Described as infill drilling targeting an inferred portion of the resource

- Negative factor: Downhole width only; no true width stated

- Negative factor: No QA/QC disclosure in this document excerpt

Evidence · text

> intercepted 11.74 g/t gold over 6.63m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 25SK-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-1)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-001
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 2.72
- Grade Unit: g/t
- Intercept: 4.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-001:0-4.7
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-08-12T00:00:00.000Z

Reasoning: A decent gold intercept, but it is a restated result rather than new assay news in this document.

- Positive factor: Multiple mineralized zones reported in the hole

- Positive factor: Part of a broader exploration program along the La Pointe Extension target

- Negative factor: Historical restatement in this MD&amp;A from earlier news releases

- Negative factor: Downhole width only; no true width stated

Evidence · text

> 4.7 m of 2.72 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-2)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-001
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 10.2
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-001:0-0.5
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-08-12T00:00:00.000Z

Reasoning: High grade, but very narrow and restated from prior disclosure, which limits incremental novelty.

- Positive factor: High grade over a short interval

- Negative factor: Very narrow interval

- Negative factor: Historical restatement in this MD&amp;A

- Negative factor: No true width stated

Evidence · text

> 0.5 m of 10.2 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-3)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-001
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 5.17
- Grade Unit: g/t
- Intercept: 1.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-001:0-1.5
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-08-12T00:00:00.000Z

Reasoning: Strong gold over a short interval, but the result is recycled from earlier release content.

- Positive factor: Strong gold grade

- Positive factor: Part of a multi-zone intercept

- Negative factor: Historical restatement

- Negative factor: Downhole width only

Evidence · text

> 1.5 m of 5.17 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-4)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-001
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 1.28
- Grade Unit: g/t
- Intercept: 11.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-001:0-11.8
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-08-12T00:00:00.000Z

Reasoning: Moderate gold over a useful width, but not fresh news in this document.

- Positive factor: Broad mineralized interval at a moderate grade

- Positive factor: Supports continuity across the drill hole

- Negative factor: Historical restatement

- Negative factor: No true width stated

Evidence · text

> 11.8 m of 1.28 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-5)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-001
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 1.23
- Grade Unit: g/t
- Intercept: 41.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-001:0-41.5
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-08-12T00:00:00.000Z

Reasoning: A long, moderately high-grade gold interval that is economically interesting, but it is restated historical news.

- Positive factor: Long continuous gold interval

- Positive factor: Material width supports potential bulk mining context

- Negative factor: Historical restatement

- Negative factor: Downhole width only

Evidence · text

> 41.5 m of 1.23 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-6)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-002
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 49.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-002:0-49.5
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-04T00:00:00.000Z

Reasoning: Broad low-to-moderate gold mineralization, but the result is not new in this document.

- Positive factor: Broad gold mineralization over a large width

- Positive factor: Supports strike/depth continuity at La Pointe Extension

- Negative factor: Historical restatement

- Negative factor: Downhole width only

Evidence · text

> 49.5 m of 0.6 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-7)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-002
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 1.47
- Grade Unit: g/t
- Intercept: 22.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-002:0-22.7
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-04T00:00:00.000Z

Reasoning: A decent gold interval with useful width, but it is restated historical drilling.

- Positive factor: Solid grade over a meaningful width

- Negative factor: Historical restatement

- Negative factor: No true width stated

Evidence · text

> 22.7 m at 1.47 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-8)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-003
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 1.59
- Grade Unit: g/t
- Intercept: 59 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-003:0-59
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-04T00:00:00.000Z

Reasoning: One of the stronger gold intercepts in the release, though already reported earlier.

- Positive factor: Very strong width-grade combination

- Positive factor: Supports a broad mineralized corridor

- Negative factor: Historical restatement

- Negative factor: No true width stated

Evidence · text

> 59 m of 1.59 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-9)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-003
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 0.92
- Grade Unit: g/t
- Intercept: 9.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-003:0-9.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-04T00:00:00.000Z

Reasoning: Modest gold mineralization, with limited incremental novelty in this MD&amp;A.

- Positive factor: Mineralization above marginal grade over a short interval

- Negative factor: Historical restatement

- Negative factor: Shorter width

Evidence · text

> 9.1 m of 0.92 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-10)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-007
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 0.83
- Grade Unit: g/t
- Intercept: 22.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-007:0-22.2
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-24T00:00:00.000Z

Reasoning: Moderate gold over a decent width, but the data are restated from prior releases.

- Positive factor: Useful width and grade for a structurally controlled zone

- Negative factor: Historical restatement

- Negative factor: Downhole width only

Evidence · text

> 22.2m of 0.83g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-11)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-007
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 1.71
- Grade Unit: g/t
- Intercept: 2.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-007:0-2.9
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-24T00:00:00.000Z

Reasoning: A modest but positive interval, though not new disclosure here.

- Positive factor: Above marginal grade

- Positive factor: Part of a multi-zone hole

- Negative factor: Historical restatement

- Negative factor: Short interval

Evidence · text

> 2.9m of 1.71g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25SK-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-12)

Sakami · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 25SK-007
- Project: Sakami
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc

#### Geometry

- Grade: 8.62
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25SK-007:0-1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-24T00:00:00.000Z

Reasoning: High grade but very narrow, and already disclosed previously.

- Positive factor: Very high grade over a narrow interval

- Negative factor: Very narrow interval

- Negative factor: Historical restatement

Evidence · text

> 1m of 8.62g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 25TB155

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-13)

Committee Bay · gold

#### Identity

- Hole ID: 25TB155
- Project: Committee Bay
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu

#### Geometry

- Grade: 5.73
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25TB155:0-3
- Mining Method: underground

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

Reasoning: A respectable high-grade intercept, but the width is narrow and the release still lacks true-width context.

- Positive factor: Strong grade over a narrow interval

- Positive factor: Part of a broader mineralized width at Three Bluffs

- Negative factor: Interval is only 3.0m and no true width is stated

Evidence · text

> 5.73 grams per tonne \(g/t\) gold across 3.0m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 25TB155

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-14)

Committee Bay · gold

#### Identity

- Hole ID: 25TB155
- Project: Committee Bay
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu

#### Geometry

- Grade: 1.18
- Grade Unit: g/t
- Intercept: 19.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25TB155:0-19.5
- Mining Method: underground

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

Reasoning: A useful width-grade combination for the program, though not exceptional by underground standards.

- Positive factor: Meaningful width at a moderate grade

- Positive factor: Supports mineralized strike continuity

- Negative factor: No true width stated

Evidence · text

> 1.18 g/t gold over 19.5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 25RV015

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-drill-facts-15)

Committee Bay · gold

#### Identity

- Hole ID: 25RV015
- Project: Committee Bay
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu

#### Geometry

- Grade: 4.59
- Grade Unit: g/t
- Intercept: 1.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 25RV015:0-1.5
- Mining Method: underground

#### Location

- Loc. Confidence: low

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

Reasoning: Positive step-out result, but the width is narrow and the interval alone is not highly material.

- Positive factor: Step-out hole returned positive gold mineralization

- Negative factor: Very narrow interval

- Negative factor: No true width stated

Evidence · text

> intercepted 4.59 g/t gold over 1.5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-resource-facts-16)

La Pointe Extension · gold

#### Identity

- Project: La Pointe Extension
- Commodity: gold
- Region: canada\_qc
- Reported Region: Northern Quebec
- Ticker: FURY

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Olivier Vadnai-Leblanc
- Resource group id: resource:f09aa344559a5753233f
- Deposit or zone: La Pointe Extension

#### Resource Data

- Category: inferred
- Tonnes: 23900000
- Grade: 1.07
- Grade Unit: g/t
- Contained Metal: 825000
- Contained Unit: gold ounces

#### Prior Estimate

- Resource Date: 2025-11-11

#### Lab

- Laboratory: SGS Geological Services

#### Location

- Loc. Confidence: low

#### Review

- Needs Review: No
- Historical: No

Reasoning: A meaningful maiden inferred resource that adds scale, but it is still entirely inferred and therefore lower-confidence.

- Positive factor: New inferred resource announced in this document

- Positive factor: Contained ounces and grade disclosed

- Positive factor: NI 43-101 technical report and QP named

- Negative factor: 100% inferred resource limits confidence

- Negative factor: Cut-off grade not stated in the excerpt

Evidence · text

> 23.9 million tonnes grading 1.07 g/t gold for 825,000 gold ounces

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## Metallurgical Results (2)

### heavy liquid separation

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-metallurgical-facts-17)

Elmer East · lithium

#### Identity

- Project: Elmer East
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: FURY

#### Test Work

- Program Status: preliminary
- Test Type: heavy liquid separation
- Processing Route: conventional lithium extraction
- Sample: single composite sample from spodumene-bearing pegmatite

#### Recovery

- Recovery: 62.2 %
- Recovery Basis: actual\_test
- Conc. Grade: 5.59
- Conc. Grade Unit: % Li2O

#### Location

- Loc. Confidence: low

#### Review

- Needs Review: No
- Historical: No

Reasoning: Encouraging preliminary metallurgy for lithium, but based on one composite and without broader variability coverage.

- Positive factor: Conventional lithium extraction route demonstrated

- Positive factor: Recovery and concentrate grade both disclosed

- Negative factor: Single composite sample only

- Negative factor: No laboratory or consultant named in this excerpt

Evidence · text

> Heavy Liquid Separation resulting in recovery of 62.2% Lithium and a concentrate grade of 5.59% Li2O

#### Tags used in scoring

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 62.2% is below the weak band \(65%\)

### private placement

[Link to this fact](https://atlas-extractions.minestarters.com/news/ex-935386-htm--26a90298-7d52-4fa0-aff2-175b710ad904#fact-metallurgical-facts-18)

Fury Gold Mines Limited · gold

#### Identity

- Project: Fury Gold Mines Limited
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec and Nunavut
- Ticker: FURY

#### Test Work

- Program Status: scoping
- Test Type: private placement

#### Reagents

- Reagent Notes: On November 12, 2025 the Company closed a private placement of 1,494,253 units at a price of $0.87 per Unit for gross proceeds of $1.3 million.

#### Location

- Loc. Confidence: low

#### Review

- Needs Review: No
- Historical: No

Reasoning: A routine but important financing event that supports ongoing exploration, with modest dilution.

- Positive factor: Adds balance-sheet funding for exploration and corporate purposes

- Negative factor: Dilutive capital raise

Evidence · text

> closed a private placement of 1,494,253 units of the Company

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
