Mar. 6 at 9:34 AM
$FURY “
Eau Claire holds 1.88 million ounces of gold at over 6 g/t, ranking among Canada’s top undeveloped high-grade deposits. Committee Bay in Nunavut contains 1.3 million ounces at grades exceeding 7 g/t, considered high-grade for its greenstone belt location. Recent Sakami additions include 825,000 inferred ounces at 1.07 g/t, more moderate but near-surface.
THE in-ground value of reported resources (around 4 million ounces total across projects) exceeds
$20 billion at full resource grades. This excludes Éléonore South potential; however, exploration-stage assets trade at deep discounts, reflecting development risks rather than realized value.
Fury’s gold is high quality due to grades over 6-7 g/t enabling lower-cost extraction versus lower-grade peers (often <3 g/t). Road access and infrastructure at Eau Claire further enhance economics, with projected all-in sustaining costs around
$1,140/oz over an 11-year mine life.”
Building to my 200k share position here
$NAMM $PZG $GORO