Sixty North GOLD Mobilizes Drill Crews to Test the Recently Discovered Precious Metals-Rich VMS Targets ON Its Wholly-Owned MON GOLD Property, Yellowknife, Nwt
SIXTY NORTH GOLD MOBILIZES DRILL CREWS TO TEST THE RECENTLY
DISCOVERED PRECIOUS METALS-RICH VMS TARGETS ON ITS
WHOLLY-OWNED MON GOLD PROPERTY , YELLOWKNIFE, NWT
VANCOUVER, Bri.sh Columbia -- (Newsfile Corp. – March 18, 2025). Sixty North Gold Mining
Ltd. (CSE: SXTY , FKT: 2F40, OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”)
Sixty North Gold Mining Ltd. is mobilizing crews to Yellowknife starting this week to drill test a
number of V olcanogenic Massive Sulphide (VMS) targets on its wholly-owned Mon Gold
Property. These targets were derived from geological, geochemical and geophysical surveys
completed over the property recently. A video on our website presents most of this VMS
information and can be found here https://sixtynorthgold.com/investors/videos/.
“Dr. Webb, President & CEO of the Company reports “The VMS targets are exciting and very
well defined as large, strong conductors within a magnetically depressed series of pelites and
rhyolites. Exposed massive and semimassive sulfides in these horizons incudes our 5656 Zone
where trench samples grading 1.0 gpt gold, 203 gpt silver, 0.59% lead and 0.96 zinc over 0.45 m
were identified (see NR November 6, 2018). Twenty-two and twenty kilometres to the south
within the same Kam Group volcanics respectively, the Likely Lake deposit was drilled yielding
7.6 metres of 2.5 gpt gold, 204 gpt silver, 6.0% lead, 10.8% zinc, 0.6% copper, and the Homer
Lake showing was drilled yielding 4.9 metres of 10.0 gpt gold, 209 gpt silver, 5.0% lead and
0.1% zinc. (Gold Terra NI 43-101. Armitage, 2021).”
The Archean Yellowknife Supergroup at this location includes a sequence of tholeiitic mafic
volcanics (Kam Group) overlain by a calc-alkalic volcanic package with inter-formational
turbiditic sediments (Banting Group). These are overlain by an extensive turbidite sequence.
Massive sulphide horizons occur in the area of the Mon Property where an 8 m thick massive
sulphide unit is hosted within the Mac Tuff near the base of the calc alkaline volcanics. A one
km long geochemical anomaly extends to the south of the Company’s 5656 Zone where a
composite VTEM Plus © TDEM anomaly (E, F, and G) occurs under a lake and swamp covered
area within the Mac Tuff horizon as well as in the overlying quartz porphyry and crystal tuffs of
the Sito Lake volcanic rocks. These anomalies have modeled conductivities from 1 S/m to
>4,500, >500,000, and >500,000 S/m respectively (Napier S., MIRA Geoscience, 2020), widths
>30 m thick and individual strike lengths >200 m. A zone of magnetic destruction encompasses
these conductors and a barium-enriched sequence including iron sulphide and iron oxide-rich
rocks caps these to the east.
Dave Webb Ph.D., P.Geol., P.Eng., President & CEO of the Company, is the Qualified Person for
the purposes of this release and has reviewed and approved its technical content.”
About the Company
The Company is developing mining operations for gold on its 100%-owned Mon Gold Property,
40 km north of Yellowknife, NWT. Past production of the A Zone extracted 15,000 tonnes at 30
gpt gold from this vein (Company Technical Report, August 3, 2023, on SEDAR or https://
sixtynorthgold.com/projects/technical-report/. The Yellowknife gold camp hosts two mines that
averaged 30 gpt gold or better (Discovery and Sixty North Gold ’s Mon Mine), and two that
averaged 15 gpt or better for a total production 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 partially-exposed shear zone-hosted gold mineralization.
For more information, 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 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.