Sixty North Gold Mining Operational Update
SIXTY NORTH GOLD MINING OPERATIONAL UPDATE
VANCOUVER, Bri.sh Columbia -- (Newsfile Corp. – June 4, 2024) Sixty North Gold Mining Ltd.
(CSE: SXTY , FKT: 2F40, OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”)
Sixty North Gold is pleased to announce that it has successfully moved crews to the Mon Gold
Mine Property and has commenced installing a temporary camp and dock facili .es. The
Yellowknife area is experiencing extremely low water levels, challenging many shore-based
facili.es. The Company plans to bring mining crews to the property next week and full mining
opera.ons will commence shortly thereaYer .
The Company plans to extend the exis.ng North Ramp some 60 m to intercept the A-Zone vein
20 m below the historic stopes (see a\ached graphic). Historically, the vein has produced at 30
gpt gold grades and 1,000 ounces of gold for every ver .cal meter mined. Historic diamond
drilling and limited diamond drilling reported by the Company show that the vein con.nues to
be mineralized over minable widths at the target level (August 2023 NI 43-101 report, SEDAR+,
h\ps://sixtynorthgold.com/site/assets/files/3617/2023-08-mon-gold-tech-report.pdf).
Dr . Dave Webb, Ph.D., P .Eng., P .Geol., President & CEO, Director reports “The Company’s board
and management are excited to be mining again. We have assembled an outstanding group of
miners, camp operators and suppliers who have worked diligently to bring this project forward.
Our Mon Gold Mine holds all licenses and permits needed to commence full mining and milling
opera.ons. We plan to open up stopes and to bring enough mineraliza .on to surface to
confirm the grade and tonnage poten.al of this project. A 100 tpd mill has been sourced and
Mon Gold Mine Isometric View
we plan to acquire it and install it onto the property to commence recovery of gold as quickly as
possible.”
Sixty North Gold plans to develop stopes (mining zones) during this phase of mining, and the
extracted mineralized material will be stockpiled on surface, with assays reported as they are
received. Visible gold is historically abundant in the vein and as viewed today, and panned drill-
cunngs have been used as a guide to assess the tenor of mineraliza.on during opera.ons. The
Yellowknife gold camp hosts two mines that averaged 30 gpt gold or be\er (Discovery and Sixty
North Gold’s Mon Mine), and two that averaged 15 gpt or be\er 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).
Sixty North Gold further announces that all resolu .ons were passed at its Annual General
Mee.ng held on May 27th.
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 its 100%-owned 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 in the 1990’s (NI
43-101, August 2023).
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 information, please contact:
Dave Webb
Tel.: 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 public filings available on
SEDAR+ (www.sedarplus.ca), under the Company’s profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept
responsibility for the adequacy or accuracy of this news release.