Sixty North GOLD Mining Announces Debt Settlements

SIXTY NORTH GOLD MINING ANNOUNCES DEBT SETTLEMENTS

VANCOUVER, Bri.sh Columbia -- (Newsfile Corp. – March 24, 2025) Sixty North Gold Mining Ltd.

(CSE: SXTY , FKT: 2F40, OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”) announces that

it has arranged debt seYlements with certain officers and a director of the Company, as well as

a consultant of the Company, to seYle a total of $151,426.15 in indebtedness for accrued

management and consul.ng fees from the period May 1, 2024 to February 28, 2025, and other

services, to be paid by the issuance and delivery of a total of 1,514,261 common shares of the

Company in the aggregate, at a deemed value of $0.10 per share, plus GST (paid in cash). The

shares will be subject to resale restric.ons for a period of 4 months and a day from their date of

issuance.

About the Company

The Company is developing mining opera.ons for gold on its 100%-owned Mon Gold Property,

40 km north of Yellowknife, NWT . Past produc.on of the A Zone extracted 15,000 tonnes at 30

gpt gold from this vein (Company Technical Report, August 3, 2023, on SEDAR or hYps://

sixtynorthgold.com/projects/technical-report/. The Yellowknife gold camp hosts two mines that

averaged 30 gpt gold or beYer (Discovery and Sixty North Gold’s Mon Mine), and two that

averaged 15 gpt or beYer for a total produc.on of over 14 million ounces of gold (Con Min and

Giant Mine) (ref. Sixty North Gold NI 43-101, August, 2023).

Other targets on the property include silver and gold-rich volcanogenic massive sulphide (VMS)

targets, as well as par.ally-exposed shear zone-hosted gold mineraliza.on.

For more informa.on, please refer to the Company’s public filings available on SEDAR+

(www.sedarplus.ca), under the Company’s profile.

ON BEHALF OF THE BOARD OF DIRECTORS

“Dave Webb”

Dave Webb, President & CEO

For further informa.on, please contact:

Dave Webb

Tel.: 604 818-1400

Email: [email protected]

Website: www.sixtynorthgold.com

Statements about the Company's future expecta.ons and all other statements in this press release other

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

numerous assump.ons, and involve known and unknown risks, uncertain.es and other factors, including

risks inherent in mineral explora.on 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 public filings available on

SEDAR (www.sedarplus.ca), under the Company’s profile.

The Canadian SecuriFes Exchange has not approved nor disapproved the content

of this press release.