Sixty North Gold Defines a Large IOCG Target on the Mon Property

SIXTY NORTH GOLD DEFINES A LARGE IOCG TARGET ON THE MON PROPERTY

VANCOUVER, Bri.sh Columbia -- (Newsfile Corp. – September 6, 2022) Sixty North Gold Mining Ltd.

(CSE:SXTY , FKT:2F4, OTC-Pink:SXNTF) (the “Company” or “Sixty North Gold”):

The Company is pleased to report that recent work has defined the 3.2 km by 0.6 km altera.on zone

on its Mon Property as an Iron Oxide Copper Gold (IOCG) deposit. Petrographic work on a sample

from the coincident large magne.c low and intensely hydrothermally altered rocks, together with a

comprehensive review of the geochemistry of samples collected from this unit, characterizes the

target.

Dr . Webb reports,!"We are very excited to make this game-changing discovery, adding a very

valuable and sought-a‘er target class to our company. Iron oxide-copper-gold (IOCG) systems are

among the world#s richest and largest mineral deposits. In addi.on to poten.ally economic nickel,

cobalt, gold, pla.num, palladium (see Table 1, below), by-product strategic elements may include

uranium, phosphorus, and rare earth elements (REE) which add to its abrac.veness. This is a virgin,

grass-roots discovery outlining a very large prospec.ve target that was discovered by our team using

standard explora.on methodology. Addi .onal geophysical and geochemical targets remain

untested and will be reviewed by crews currently mobilizing to the property. We an.cipate finding

other poten.ally economic zones within the large target area.”

Webb further states "The metals iden.fied in our IOCG discovery include many of the babery or

cri.cal elements (BE, or CE) being sought territorially, and by federal governments around the

world.”

Mapping and prospec.ng of a 1.5 km por .on of the zone reveals that the very large

hydrothermally-altered unit had been incorrectly iden .fied as a gabbro by government and

company geologists over the past 80 years. Petrographic report by Ultra Petrography and

Geoscience Inc. on a sample submibed this year shows it to be to be a strongly altered unit

composed of xenoblas.c albite with quartz and hema .te with accessory minerals including

chlorite, bio.te, and minor sulphides and oxides (each <0.5%). This albi.te has a geochemistry that

has P2O5 values up to 5.91% (average 3.02%), Na2O values up to 4.26% (average 2.90%) with total

rare earth oxides (TREO) of 0.09%.

Table 1. Selected analyses from all of the January 2022 grab samples from the discovery outcrop.

Grab samples are selec,ve and do not represent average grades of the showing. The 31958xx series

of samples were collected through snow cover in January of this year. They were prepared and

analysed by ALS Global, an independent cer,fied laboratory using High-grade four acid diges,on

(MEICP61a) and ICP AES analysis. Blanks and standards reported acceptable results.

Addi.onal targeted mapping and prospec.ng will examine other exposures of this IOCG target,

focused by our 2018 Geotech VTEM Plus © survey.

Dr . D.R. Webb, Ph.D., P .Geol., P .Eng. is the Qualified Person within the meaning of NI 43-101

and is responsible for the technical details of this release.

About the Company

The Company is developing mining opera.ons for gold on the Mon Gold Property, 40 km

north of Yellowknife, NWT . Past produc.on extracted 15,000 tonnes of ore to depths of only

15 m below surface, recovering an es.mated 15,000 ounces of gold.

The Mon Gold Property consists of 11 contiguous Mining Leases and 3 Mineral Claims, comprising an

aggregate 1,537 acres, located in the South MacKenzie Mining District, NWT . Eight additional Mineral

Claims and one other Mining Lease are controlled under option totaling 5,500 acres.

For more information, please refer to the Company’s Prospectus dated January 19, 2018 available on

SEDAR (www.sedar .com), under the Company’s profile.

Sample Ni % Co % Au gpt Pt gpt Pd gpt

NDM-WK-467 >1 0.183 0.430 Na Na

3195829 0.33 0.025 0.158 0.089 0.017

3195830 0.34 0.015 0.116 0.023 0.01

3195832 0.24 0.019 0.055 0.012 0.005

3195833 0.34 0.028 0.167 0.029 0.007

3195834 0.24 0.014 0.068 0.005 0.004

Average >0.41 0.047 0.166 0.032 0.009

ON BEHALF OF THE BOARD OF DIRECTORS

“Dave Webb”

Dave Webb

President & CEO

For further information, please contact:

Dave Webb, 604 818-1400

Email: [email protected]

Website: www.sixtynorthgold.com

Statements about the Company's future expectations and all other statements in this press release other

than historical facts are "forward looking statements". Such forward-looking statements are based on

numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including

risks inherent in mineral exploration and development, which may cause the actual results, performance,

or achievements of the Company to be materially different from any projected future results,

performance, or achievements expressed or implied by such forward-looking statements. Further details

about the risks applicable to the Company are contained in the Company’s Prospectus dated January 19,

2018 available on SEDAR (www.sedar .com), under the Company’s profile.

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF

THIS PRESS RELEASE.