Fury Gold Mines Files Initial NI 43-101 Resource Report for Sakami Project

An announcement from Fury Gold Mines ( (TSE:FURY) ) is now available.

On January 23, 2026, Fury Gold Mines Limited filed a Form 6-K with the U.S. Securities and Exchange Commission, submitting a technical report that details the initial mineral resource estimate for its Sakami Project in Quebec, prepared by SGS Canada Inc. and effective as of November 11, 2025. The filing formally discloses the project’s first NI 43-101 compliant resource estimate, along with the qualified person’s consent, marking a key milestone in defining the scale and potential of Sakami and strengthening Fury’s technical and regulatory positioning as it advances exploration and project evaluation in the James Bay gold district.

The most recent analyst rating on (TSE:FURY) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Fury Gold Mines stock, see the TSE:FURY Stock Forecast page.

Spark’s Take on TSE:FURY Stock

According to Spark, TipRanks’ AI Analyst, TSE:FURY is a Neutral.

The score is held back primarily by weak financial performance (no revenue, widening losses, and persistent negative cash flow), partially offset by a low-debt balance sheet. Technicals are neutral-to-mixed, valuation signals are limited by losses and no dividend, while recent positive exploration/drilling updates provide a modest uplift.

To see Spark’s full report on TSE:FURY stock, click here.

More about Fury Gold Mines

Fury Gold Mines Limited is a Canadian mineral exploration company focused on advancing gold projects, including the Sakami Project in the Eeyou Istchee Territory of the James Bay region in Quebec. The company operates within the precious metals exploration industry, targeting the discovery and development of economically viable gold resources in Canada.

Average Trading Volume: 248,499

Technical Sentiment Signal: Buy

Current Market Cap: C$195.8M

For a thorough assessment of FURY stock, go to TipRanks’ Stock Analysis page.