The KE Report

Fury Gold Mines - Strategic Acquisition of Quebec Precious Metals and Exploration Outlook For Quebec Projects


Listen Later

In this KE Report company update, I feature a deep-dive discussion on Fury Gold Mines (NYSE:FURY - TSX:FURY) recently announced all-share acquisition of Quebec Precious Metals (TSX.V:QPM - OTCQB:CJCFF) valued at just over C$4 million. This strategic acquisition will significantly expand Fury’s land position in Quebec’s James Bay region to over 157,000 hectares, pending deal completion in late April.

Joining me to break down the transaction and exploration plans are:

  • Tim Clark, President & CEO of Fury Gold Mines

  • Bryan Atkinson, SVP of Exploration at Fury

  • Normand Champigny, CEO of Quebec Precious Metals

  • Key Highlights from the Interview:

    • Deal Rationale & Strategic Fit:
    • Tim Clark explains how the deal came together after ongoing conversations with Normand Champigny. The consolidation provides operational efficiencies, expands Fury’s footprint in a highly prospective district, and positions the company for long-term growth in Quebec.

    • Expanding James Bay Exposure:
    • The acquisition nearly doubles Fury’s land package in James Bay, placing it in proximity to the Éléonore Mine, now owned by private Indonesian firm Delmar. The region is seeing rising M&A interest with recent ~$7.5B in M&A activity.

    • Project Overview – Quebec Precious Metals:
    • Normand provides insight into QPM’s key assets, especially the flagship Sakami Project, with over 50,000 meters of historical drilling and strong gold potential. The project also includes lithium targets (notably Elmer East, next to Rio Tinto’s Galaxy project) and the advanced-stage Kipawa Rare Earths Project, jointly held with Investissement Québec.

    • Exploration Plans & Priorities:
    • Brian Atkinson outlines Fury’s next steps:

      • Potential near-term maiden resource at Sakami through confirmation and extension drilling.

      • Review and prioritization of newly acquired properties in June through field visits.

      • Upcoming results from Éléonore South will help define 2025 drill plans, including possible follow-ups at Committee Bay and Eau Claire.


        If you have any follow up questions for Tim or Bryan please email me at [email protected]

         

        Click here to visit the Fury Gold Mines website to learn more about the Company and read over the recent

        ...more
        View all episodesView all episodes
        Download on the App Store

        The KE ReportBy KE Report

        • 4.3
        • 4.3
        • 4.3
        • 4.3
        • 4.3

        4.3

        11 ratings


        More shows like The KE Report

        View all
        Financial Sense(R) Newshour by Jim Puplava

        Financial Sense(R) Newshour

        376 Listeners

        Macro Voices by Hedge Fund Manager Erik Townsend

        Macro Voices

        3,062 Listeners

        Quoth the Raven by Quoth the Raven

        Quoth the Raven

        932 Listeners

        Mining Stock Daily by Trevor Hall

        Mining Stock Daily

        95 Listeners

        Palisades Gold Radio by Collin Kettell

        Palisades Gold Radio

        252 Listeners

        Value Hive Podcast by Brandon Beylo

        Value Hive Podcast

        91 Listeners

        The Grant Williams Podcast by Grant Williams

        The Grant Williams Podcast

        1,352 Listeners

        Doug Casey's Take by Matthew Smith

        Doug Casey's Take

        126 Listeners

        Wealthion - Be Financially Resilient by Wealthion

        Wealthion - Be Financially Resilient

        383 Listeners

        The Julia La Roche Show by Julia La Roche

        The Julia La Roche Show

        55 Listeners

        Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

        Thoughtful Money with Adam Taggart

        379 Listeners

        The David Lin Report by The David Lin Report

        The David Lin Report

        34 Listeners

        Monetary Matters with Jack Farley by Jack Farley

        Monetary Matters with Jack Farley

        91 Listeners