Sixty North GOLD Provides Update ON MON GOLD MINE Logistics and Development
SIXTY NORTH GOLD PROVIDES UPDATE
ON MON GOLD MINE LOGISTICS AND DEVELOPMENT
VANCOUVER, British Columbia -- (Newsfile Corp. – February 4, 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.
Our new 100 tpd mill is now on a container ship due to land in Canada on February 20th,
2026. We are cautioned that estimated times may change due to weather or other
unforeseen events.
Construction of the entire length of our winter road from Highway 4, 20 km east of
Yellowknife to our mine site is progressing well. The Company plans to haul a total of 19
truckloads of supplies, including the 100 tpd mill, to site in February and March.
Crews are scheduled to arrive in Yellowknife with supplemental equipment in advance of
the mill delivery, to install a new 20-man trailer camp, and to clean and remove
accumulated debris left over from the 2023 wildfires that destroyed our old camp and
miscellaneous equipment. Major mining equipment, fuel tanks, and infrastructure on site
avoided any fire damage due to well planned construction, placement and serendipity.
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 we plan to
extend the main ramp to the third level.
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, u nderground
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 Yellowknife Gold Belt is an historic gold producer and hosts the
people and experience to bring this Archean gold belt back to life.
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.