Fury Gold shares surge 10.65% premarket on expanded drilling program and board addition.

Fury Gold Mines surged 10.65% in premarket trading following announcements of an expanded exploration program, including 12,000–13,000 meters of winter drilling at its Eau Claire project in Quebec and 5,000 meters at Nunavut’s Committee Bay. The company also secured financing through a $18M flow-through offering and a $4.3M private placement with Agnico Eagle, ensuring operational continuity. Additionally, the appointment of Phillips S. Baker Jr., a mining industry veteran, to the board was highlighted as a strategic move to support project development. These developments, emphasizing exploration progress, financial backing, and leadership strengthening, collectively reinforced investor confidence in the firm’s growth trajectory.