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Mining Stock Education

Latest episodes

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Sep 13, 2022 • 31min

Bill Powers Reveals the Winning Mindset for Wealth Generation (not taught in business school)

Bill Powers reveals the winning mindset for developing wealth in this episode. Termed the “opportunity mindset”, he shares how he has seen firsthand how this mindset has produced massive wealth for his mentors and colleagues as well in Bill’s own life as he employed it. Be inspired by this 30-minute monologue to pursue your investment and business goals. Bill’s Wealth-Building Principals: https://youtu.be/P39ViVsqFYc Follow Bill on Twitter: https://twitter.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Sep 7, 2022 • 29min

FPX Nickel Outlines World’s Largest Integrated Nickel Sulphate Operation for EV Battery Supply

FPX Nickel (TSXV:FPX; OTC:FPOCF) CEO Martin Turenne explains the results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery supply chain from the high-grade awaruite nickel concentrate to be produced by the Company’s Baptiste Nickel Project in central British Columbia. The Study highlights FPX’s potential to develop the world’s largest integrated nickel sulphate production facility, linking the Company directly into the EV battery supply chain via the production of low-cost, low-carbon nickel sulphate over Baptiste’s projected 35-year mine life. “This scoping study demonstrates that Baptiste could become a globally significant producer of low-cost, low-carbon nickel for electric vehicles for decades to come,” commented Martin Turenne, FPX’s President and CEO. “Baptiste’s awaruite nickel mineralization has clear technical advantages over sulphide and laterite ores for producing nickel sulphate, offering a lower-cost, lower-carbon path from mine-to-market in the EV battery supply chain. Given its extremely high nickel content (over 60% nickel) and low levels of impurities, our high-grade nickel concentrate has distinct advantages over low-grade nickel sulphide concentrates (under 20% nickel), and is already comparable to intermediate nickel sulphate feedstocks like mixed hydroxide precipitate, mixed sulphide precipitate, or nickel matte. “We look forward to continued engagement with downstream participants in the EV battery supply chain, including chemical companies, battery makers and automotive OEMs, and expect to incorporate the results of this internal scoping study into the next stage of formal project study for Baptiste, with a new National Instrument 43-101 technical report anticipated in the first half of 2023.” 0:00 Introduction 1:42 Inflation Reduction Act increases demand for North American nickel production 4:11 Not enough nickel to meet politician’s EV goals 5:47 Baptiste deposit best-case scenario production in 2029-2030 7:22 Internal Baptiste scoping study highlights 10:22 Working with downstream battery makers & automotive manufacturers 12:14 EV manufacturers need battery metal miners 14:00 FPX Nickel’s valuation 15:35 FPX can become a top 5 Canadian cobalt producer 16:58 CO2 Lock Corp. spin-out company 20:06 Van target step-out drill program 22:33 Upcoming catalysts 24:31 Treasury and burn rate Company website: https://fpxnickel.com/ Press release discussed: https://fpxnickel.com/2022/09/fpx-nickel-scoping-study-outlines-development-of-worlds-largest-integrated-nickel-sulphate-operation-for-ev-battery-supply-chain-at-baptiste-project-in-british-columbia/ FPX Nickel Presentation: https://fpxnickel.com/wp-content/uploads/2017/08/FPX-Nickel-Corporate-Presentation.pdf Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 FPX Nickel is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product.
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Sep 2, 2022 • 19min

“It’s Not Time for Gold To Go Up” says Cycles Expert Charles Nenner

“It’s not time for gold to go up” says cycles expert Charles Nenner. He also provides his cycles analysis on commodities, USD, US economy, energy and federal reserve policy in this interview. In 2001, Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices, and individual clients. Mr. Nenner worked for Goldman, Sachs & Co in NY, from 2001 to 2008. Before that time, Mr. Nenner worked exclusively for Goldman, Sachs & Co. in London, where he served as a technical analyst for Goldman’s fixed income trading group from 1998 to 2001. From 1997 to 1998, he served as the head of trading research at Rabobank International, and from 1992 to 1994, he was head of Market Timing at Ofek Securities in Tel Aviv. Mr. Nenner served as Director of Research at Windsor NY between 1987 and 1989, and was a Financial Consultant with Merrill Lynch out of its Amsterdam Office from 1985 to 1987. Mr. Nenner initiated a system of pattern forecasting and securities analysis, and developed a computer program which takes many indicators into account, including Mr. Nenner’s use of proprietary cycle analysis. Mr. Nenner graduated from Maimonides College Amsterdam in 1972, and from the University of Amsterdam Medical College, where he earned his medical degree in 1984. 0:00 Introduction 0:33 Why is gold going down amidst high inflation? 2:52 Cycles of Federal Reserve policy 4:01 Fed pivot late 2024 4:30 Commodities 5:20 War cycle 7:45 US economy 8:44 USD & coming anti-dollar 11:00 Energy 13:14 Oil 15:53 Charles’ website and performance Charles’ website: https://www.charlesnenner.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Aug 24, 2022 • 19min

Shorting S&P 500 & Staying Long Junior Miners with Pro Mining Investor David Erfle

In this interview pro mining investor David Erfle provides his commentary on the general stock market, gold and gold stocks. David is shorting the S&P 500 while going long junior miners. He says the juniors are trading as if gold is $1400 and historically oversold. David noted that even Newmont is trading like a junior mining stock and has become significantly undervalued to the point that David put some NEM in his conservative retirement account. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-time job. David founded the Junior Miner Junky subscription-based newsletter in April, 2017 and writes a weekly column for precious metals news service Kitco.com, whose website attracts nearly a million visits every day. David’s website: https://juniorminerjunky.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Aug 19, 2022 • 50min

Profit from Emerging Trends in Mining & Renewables with Expert Brian Dalton (Altius Minerals CEO)

Expert Brian Dalton shares insights regarding trends in mining and renewables in this episode which is guest-hosted by Brian Leni of JuniorStockReview.com. Brian Dalton is the CEO of Altius Minerals which is celebrating its 25th year as a project generation and royalty company in Canada. In this conversation with Dalton, we cover some of the most pressing issues for companies across the spectrum of the junior resource sector. Environmental permitting, how important is it for project development and where it ranks in terms of risk. Continuing with the environmental theme, nitrogen emissions have sprung up in the mainstream media with the Canadian and Netherland governments instituting restrictions. Dalton gives his view on how this may or may not affect the other 2 vital fertilizers – Phosphorus and Potassium. It is easy to put together a bullish outlook, but is there any way that the expectation falls short? Further we discuss whether a rising interest rate environment is the perfect scenario for royalty and streaming companies to become the preferred source of capital for project development. Finally, we look at the most popular base and precious metals (copper, nickel, uranium, gold, silver, iron ore, and zinc) with Dalton giving a brief comment on his outlook for each. This is a must-listen! 0:00 Introduction 1:05 Environmental permitting risk 2:20 Nitrogen emission restrictions to impact potash demand? 4:36 Pace of changing mining operations to lower carbon emissions 8:20 Where or how could this seemingly very bullish future for natural resources fall short? 14:07 Biggest new royalty avenues in the renewable sector? 23:13 Increase in interest rates the perfect scenario for royalty and streaming companies to finance projects? 27:50 Cyclical capital availability determines Altius’ focus 29:40 Altius’ current portfolio of producing royalties is exclusively base metal focused, do you foresee this changing in the future? 37:05 Will the Newfoundland gold rush continue or was that just a flash in the pan? 39:10 Rapid fire – Bullish or Bearish on specific metals Brian Leni’s service: http://www.juniorstockreview.com/premium-subscription/ Altius Minerals: https://altiusminerals.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Altius Minerals is not a sponsor of Mining Stock Education and neither MSE nor Junior Stock Review received compensation from Altius to conduct this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Aug 16, 2022 • 23min

Lotus Resources Confirms Kayelekera Is Low-cost, Quick Restart Uranium Operation says MD Keith Bowes

Lotus Resources’ Managing Director Keith Bowes shares regarding the just-released positive Definitive Feasibility Study (DFS) for the Kayelekera uranium mine in this interview. Keith stated: “Having an asset with low technical risk and low restart capital, which can quickly commence production, are key characteristics that investors look for in a mining project. The results of the Restart DFS clearly put Kayelekera in this category and this provides an opportunity for the Company to leverage off the strongest fundamentals for the nuclear/uranium industry in many years. The standout features of the Restart DFS are the low capital costs and attractive operating costs, which consider the current high inflation environment, whilst also ensuring a positive legacy as we have significantly reduced our carbon footprint, in line with the Company’s ESG strategy. The initial upfront capital costs remain one of the lowest in the industry, both from a headline (US$88m) and an initial capital intensity perspective (US$37/lb annual production). This is an excellent achievement given current inflationary pressures. The number is higher than that originally announced in the Scoping Study, but includes three new items (ore sorting, grid connection and a new acid plant) which are critical for lowering our operating costs. The operating costs during steady state in the initial mining phase (i.e. before stockpile treatment commences) now sit at US$29.1/lb U3O8, well within the second quartile costs for current and planned uranium producers.” Lotus owns 85% of the Kayelekera mine, which was acquired from Paladin Energy in the beginning of 2020. Kayelekera produced about 11Mlbs from 2009 to 2014 before being put on care and maintenance due to low uranium prices. It is anticipated that the final investment decision will be made by early 2023. Then after an estimated 15-month refurbishment period, uranium ore could be feeding the plant again by early 2024. Lotus management believes this timeline fits well with the expected uranium price boom and offers investors an attractive risk-reward investment value proposition with substantial upside. 0:00 Introduction 1:25 Highlights of DFS 2:57 US$88M capex 4:38 Human personnel both local and ex-pat 5:40 Community development agreement 7:10 Permits 7:51 Electricity 9:16 NPV 10:12 Next 6mos before final investment decision 12:01 Hedging while leaving upside for investors 15:21 Extending mine life 17:19 Rare Earths project 18:03 Treasury 18:55 Timeline to production 19:20 Catalysts next 3mos Tickers: LOT:ASX - LTSRF:OTC Lotus’ DFS presentation: https://app.sharelinktechnologies.com/announcement/asx/c78320455aa5d4c91a6514a131bfd34a DFS press releases discussed: https://app.sharelinktechnologies.com/announcement/asx/5978955ae76c3fd3b2176a08bd048b3e Website: https://lotusresources.com.au/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Lotus Resources is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented.
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Aug 15, 2022 • 27min

“We’re Fully Invested with Our Gold and Silver Allocation Right Now” says Fund Manager Adrian Day

Adrian Day of Adrian Day Asset Management is a seasoned investor, speaker, author, adviser and fund manager. In this interview, Adrian says his fund is fully invested with their gold and silver allocation right now. At the same time, he shares the rationale for keeping dry powder for buying resource stocks in the future. Adrian puts the current poor gold stock sentiment and numerous mine build failures of the past two years in historical perspective. He discusses the winners and losers of gold producers’ Q2 earnings. Adrian also reveals what needs to happen for generalist investors to start buying resource stocks. 0:00 Introduction 0:32 “We’re fully invested with our gold and silver allocation right now” 2:46 Rationale for keeping “dry powder” to buy resource stocks in future 4:08 When does being too early mean you are wrong? 5:38 Gold stock sentiment in historical perspective 8:16 What will spur generalist investor buying in resource sector? 11:48 Gold producer balance sheets 13:18 Winners & losers from Q2 gold producers’ earnings 16:51 Failed mine builds in historical perspective 19:06 Zinc, nickel & aluminum demand & potential recession 21:46 Target buy price for oil stocks? 23:02 H2 biggest risk for resource investors? http://www.adriandayassetmanagement.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Aug 11, 2022 • 20min

Osino Resources’ Twin Hills Gold Project Now over 3M Ounces with CEO Heye Daun (PFS next month)

Heye Daun joins MSE to discuss Osino Resources’ recently-announced increased mineral resource of over 3M AuOz for its Twin Hills Gold Project in the Erongo Region of Namibia. The mineral resource was estimated from approximately 212,184m of diamond core and reverse circulation drilling. Drill collars were generally spaced at 35m x 35m on surface and inclined at 60°, resulting in an effective data spacing of 35m laterally and 30m on section lines. A specific area of the Twin Hills Central resource, measuring 100m along strike and 50m across strike, was drilled at a closer spacing of 12.5m x 12.5m. This drilling was done as an orientation study to investigate the short-range variability of the deposit and possible implications on future grade control drilling configurations. In addition, the drilling provided insight into requirements for upgrading Indicated mineral resources to Measured. Heye Daun, Osino’s President & CEO commented: “We are very pleased with the results of this updated mineral resource model which is going from strength to strength. We managed to add significant higher-grade ounces and converted almost all the previously classified Inferred resources to Indicated or Measured status. At an elevated cut-off grade of 0.9 g/t we now have more than 2moz at 1.46 g/t in the Measured & Indicated category and even at a lower cut-off of 0.3 g/t the average grade of the Measured & Indicated portion of the mineral resource increased to 1.08g/t. This has been achieved through a combination of more discrete resource modelling but also the addition of higher-grade material which was drilled over the last few months. Most of the resource growth came from Twin Hills West, but two new emerging zones of mineralization at Clouds West and Twin Hills North also contributed additional resource ounces. We expect the extra ounces and grade to make a meaningful difference to the overall project economics in the upcoming PFS and we are very excited about publishing the results of that PFS in early September.” OsinoResources.com TSXV:OSI - OTC:OSIIF - FSE:R2R1 Osino’s Presentation: https://osinoresources.com/wp-content/uploads/2022/07/2022_06_08-Osino-Site-Comprehensive-Presentation-long-version-.pdf Press Releases discussed in this interview: https://osinoresources.com/wp-content/uploads/2022/08/08_09_2022-OSI-PR-Mineral-Resource-Update.pdf https://osinoresources.com/wp-content/uploads/2022/07/07_21_2022-OSI-PR-Ondundu-Acquisition-Close-.pdf Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Osino Resources is a sponsor of Mining Stock Education. Osino’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites.
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Aug 9, 2022 • 40min

Gold Stocks Will Soar When This Happens says Fund Manager Lawrence Lepard

Gold stock fund manager and Austrian economist Larry Lepard shares what needs to happen before gold stocks will begin to soar. He shares key breakout levels for gold and silver. Larry discusses how he has positioned his fund for the gold bull market. He reveals numerous stocks he is investing in and which he likes. Lawrence Lepard runs Equity Management Associates, LLC, an investment partnership which has focused on investing in precious metals since 2008. Prior to EMA, Mr. Lepard spent 25 years as a professional investor and venture capitalist. From 1991 to 2004 he was one of two Managing Partners at Geocapital Partners in New Jersey which managed six venture capital partnerships, the last of which was $250 million. Geocapital was very active in technology, software and computer investing and invested heavily in the internet starting in 1993. Geocapital was the lead investor in Netcom, Inc., the first internet service provider to complete an IPO in 1996. Prior to Geocapital Mr. Lepard spent 7 years as a General Partner at Summit Partners in Boston, MA. Summit is a large venture capital and private equity firm. He was employee number 4, joining 1 year after Summit was launched. Mr. Lepard holds an MBA with Academic Distinction from Harvard Business School and a BA in Economics from Colgate University 0:00 Introduction 0:58 Battered Gold Stock Bull Syndrome 2:30 40% of portfolio in producers 4:24 Developers in an inflationary environment 6:18 Private placements or buying in open market? 7:30 Jurisdictional risk 12:00 Larry likes Africa as a mining jurisdiction 15:10 Not many pure play silver stocks 18:35 Key breakout levels for gold & silver 24:40 Twenty-year commodities uptrend 32:09 Stack the probabilities in your favor Lawrence’s contact info and Twitter handle: llepard@ema2.com Larry’s Newsletter: http://eepurl.com/gOf1dT https://twitter.com/LawrenceLepard Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Aug 5, 2022 • 11min

Fury Gold Mines Drills Multiple High-Grade Gold Zones with CEO Tim Clark & SVP Expl Bryan Atkinson

Fury Gold Mines’ CEO Tim Clark and SVP Exploration Bryan Atkinson provide an update on the recent drill results at the company’s flagship Eau Claire deposit in the James Bay Region of Quebec. Fury provided results for seven core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The 2022 exploration drilling program continues to demonstrate the potential to significantly expand the deposit to the west at the Hinge Target. Drill holes 22EC-046, 22EC-047 and 22EC-048 targeted a 150 to 200 metre (m) extension of the intercept of 3.0m of 9.36 g/t gold from drill hole 21EC-041 (see news release dated November 29, 2021). All three drill holes intercepted multiple zones of gold mineralization, with hole 22EC-048 exhibiting four zones of high grade and broad widths of more moderate grade, including 3.50m of 4.79 g/t gold, 1.00m of 14.19 g/t gold, 3.50m of 5.86 g/t gold, 1.00m of 20.6 g/t gold and 17.50m of 1.29 g/t Au (Table 1). Fury believes these intercepts represent the apex of the targeted fold hinge and reflects the deposit geometry that the technical team believes could deliver significant resource growth. The Hinge Zone drilling to date demonstrates a potential 20%, or 330m, increase to the mineralized strike length of the Eau Claire Deposit with results pending from additional drill holes located 100 metres further west of the reported intercepts. “The recent holes represent Fury’s best exploration drilling result to date at Eau Claire and are exactly what we were hoping to see at the Hinge Target. The drill results confirm our belief that the Hinge is open for considerable growth which could impact our ounces significantly,” commented Tim Clark, CEO of Fury. “We are halfway through our 2022 drilling program and are very excited about the pending assay results still to come. In the following weeks and months, Fury will have a steady news flow with additional drill results from the Hinge, North Limb, and Percival Prospect. The Company is well positioned with our exploration strategy, our team in the field, and our ability to continue to leverage a strong treasury.” https://furygoldmines.com/ Ticker: FURY Presentation: https://furygoldmines.com/site/assets/files/6288/fury_july2022_haywood_marketing_final.pdf Press Releases discussed: https://furygoldmines.com/news-and-media/news/fury-drills-multiple-zones-of-high-grade-gold-at-the-hinge-target-extending-mineralization-330-metres-to-the-west-at-eau-claire/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Fury Gold Mines is a Mining Stock Education sponsor. The forward-looking statement found in Fury Gold’s most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our podcasts or videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk.

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