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Auryn Delivers Positive Preliminary Economic Assessment for Homestake Ridge Gold Deposit

Fury Gold Mines Ltd.

US$108 Million NPV 5% with IRR of 23.6% at US$1,350/oz Gold; US$670/oz gold AISC 
US$173 Million NPV 5% with 32% IRR at US$1,620/oz Gold
US$88 Million Pre-Production Capital Expenditures

Figure 2: Illustrates a long section of the Homestake Main and Homestake Silver deposits demonstrating the deposits are open at depth and along strike.

[Translate to Englisch:] Abbildung 2: Veranschaulicht einen langen Abschnitt der Homestake Main- und Homestake Silver-Lagerstätten, der zeigt, dass die Lagerstätten in der Tiefe und entlang des Streichens offen sind.

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