Sixty North Gold Announces Completion Of The Winter Road Haul And Supply To The Mon Mine Site
SIXTY NORTH GOLD ANNOUNCES COMPLETION OF THE WINTER ROAD HAUL AND SUPPLY TO THE
MON MINE SITE
Vancouver, British Columbia--(Newsfile Corp. – March 17, 2021) – Sixty North Gold Mining Ltd. (CSE: SXTY;
FKT: 2F4; OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”)
Further to the Company’s press release on March 8, 2021, Sixty North Gold is pleased to report that a
total of just over 500 tonnes of mining and support equipment and supplies have successfully been
transported to the property over the past f our weeks. This was completed on a 45 km winter road
constructed from Highway #4 to the mine site , on time and on budget with a five-man crew working
carefully with Yellowknife-based suppliers and contractors.
Mine activity is planned to start late spring to early summer, and will see the installation of water, air,
electrical, and waste infrastructure. The existing North Ramp is planned to be reopened and extended to
access between 30,000 to 40,000 tonnes of vein material beneath the historic stopes. A permitted mill is
planned to be installed to process the bulk sample in 2022.
John Campbell, Chairman states, “We’ve liked the idea of generating revenue from high-grade operations.
We’ve acquired the right t o earn a 100% interest in a project that keeps derisking operations going
forward. Obtaining permits to mine and mill was an important milestone. Getting good quality heavy
equipment to Yellowknife was an important milestone and now, placing that equipment on site with all
of the bulk supplies moves the operations closer to reality. Keeping to the budgets as developed over the
years along the way is crucial in demonstrating our ability to forecast and execute each step.”
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 Mon Gold Property co nsists of 11 contiguous mining leases and 3 mineral claims, comprising an
aggregate 622 hectares, located in the South Mackenzie Mining District, NWT. The Mon Mine produced
15,000 ounces of gold from 15,000 tonnes of ore between 1989 and 1997. Permits to explore, mine and
mill at 100 tpd are in place, and the Mon is the only gold project permitted for production in the NWT.
Other targets on the property include recently discovered silver - and gold -rich volcanogenic massive
sulphide (VMS) targets, as well as shear zone-hosted gold mineralization. The shear zones are similar in
nature to, and hosted in the same rocks as, the world -class deposits at the Con and Giant Mines in
Yellowknife which produced 14 million oz. gold.
The Company also has an option ag reement to acquire a 100% interest in the highly prospective and
contiguous 2,394 hectare Hangstone Property adjoining the Mon Property to the East and South from an
independent prospector . The Mon Property shear zone and VMS targets can be projected onto the
Hangstone Property.
For more information, please refer to the Company’s profile on SEDAR (www.sedar.com) or visit the
Company’s website at www.sixtynorthgold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “David Webb”
David Webb,
President & Chief Executive Officer
For further information, please contact David Webb 604-818-1400
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 t he 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.