Sixty North GOLD Provides Project Update ON Winter ROAD to MON GOLD MINE
SIXTY NORTH GOLD PROVIDES PROJECT UPDATE
ON WINTER ROAD TO MON GOLD MINE
VANCOUVER, British Columbia -- (Newsfile Corp. – January 15, 2026) Sixty North Gold
Mining Ltd. (CSE: SXTY, FKT: 2F40, OTC-Pink: SXNTF) (the “Company” or “Sixty
North Gold”) is pleased to provide an update on its plan to commence gold production
this year on its wholly-owned Mon Gold Mine, Yellowknife, NWT.
Sixty North Gold has been informed that construction of the southern half of our winter
road has commenced from Highway 4, 20 km east of Yellowknife, northwards across
Prosperous Lake for a total extent of approximately 15 km. The balance of the road to
the Mon Gold Mine site (approximately 30 km farther north) will be installed and
managed by Matrix (https://matrixco.ca/) commencing next month. A total of 19
truckloads of supplies including the 100 tpd mill will be hauled to site in February and
March.
Matrix was founded in Yellowknife and has over 25 years of experience running projects
in some of the world's most remote and challenging environments (as well as some
projects closer to home). With a focus on mining and construction, Matrix provides
world-class camps, personnel, logistics, project management, and mechanical services.
Matrix is committed to providing safe, reliable, and cost-effective solutions making them
the ideal partner on the Sixty North Mon Gold project.
The Company plans to commence assembly of the mill in late April with initial
commissioning of the mill in June and July. We plan to operate this 100 tpd mill 24/7,
treating material extracted from the second level of the A-Zone vein below the historic
stopes. The DD-Zone will be evaluated for potential stope development, and the
Company plans to extend the main ramp to the third level.
Dave Webb comments “We are very pleased with progress this winter. The installation
of the winter road is an important part of our operations. Cold weather with limited snow
is creating thick ice, enabling faster and stronger roads to be constructed. Our plans
are to get the mill operating as expeditiously as possible.”
About the Company
Sixty North Gold is developing mining operations for gold on its 100-per-cent-owned
Mon Gold Project. Mining in the 1990’s extracted 15,000 tonnes of ore to depths of only
15 metres below surface, recovering an estimated 15,000 ounces of gold in the 1990s
(Company Technical Report NI 43-101, August 3, 2023 on SEDAR or
https://sixtynorthgold.com/projects/technical-report/. Recently, underground
development has intersected the productive A-Zone 17 m below the historic stopes as
well as a newly identified zone, the DD-Zone in the main ramp. The company plans to
develop and mine stopes in the East Limb, West Limb and DD Zone and to extend the
ramp to allow for the development of deeper levels.
The silver-rich VMS deposits (https://sixtynorthgold.com/projects/volcanogenic-massive-
sulphide-vms-deposits/), the large shear zone-hosted gold targets
(https://sixtynorthgold.com/projects/shear-zones/), and the critical-element-enriched
IOCG-style mineralization (https://sixtynorthgold.com/projects/iocg-target/) will be
explored and developed as warranted.
The Yellowknife gold camp hosts two mines that averaged 30 gpt gold or better
(Discovery Mine with one million ounces of gold produced, 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 Mine and Giant Mine); (ref. Company Technical Report NI 43-101,
August 3, 2023).
The technical content of this release has been reviewed and approved by Dr. D.R.
Webb, P.Geol, P.Eng., President and CEO of Sixty North Gold Mines Ltd.
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 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.
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR
DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.