Sixty North Gold Mining Ltd. provides this financing announcement and fall update on progress on its wholly-owned Mon Gold Property. Financing Closed Further to our news release of October 31, 2022, the Company is pleased to report that it has closed the second and final tranche of its non-brokered private placement, originally announced on October 27, 2022. The second tranche consisted of 500,000 units at an offering [...]
Sixty North Gold Mining Ltd. Further to the news release of October 27, 2022 where the Company announced plans to complete a non-brokered private placement of up to 2,500,000 units at an offering price of $0.20 per Unit, to raise gross proceeds of up to $500,000 , Sixty North Gold is pleased to report that it has closed on 1,660,000 units raising gross proceeds of $332,000. Each Unit consisted of one common share , and [...]
Sixty North Gold Mining Ltd. announces that further to its press release dated September 26, 2022 announcing a non-brokered private placement of units to raise up to $500,000 in gross proceeds , it has reduced the offering price from $0.28 to $0.20 per Unit, and therefore the size of the Offering has been increased to up to 2,500,000 Units. Each Unit will now consist of one common share of the Company and one [...]
Toronto, Ontario-- - Sixty North Gold Mining Ltd. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 19,429,546 common shares. The name and symbol will not change. Please note that all open orders will be cancelled at the [...]
Sixty North Gold Mining Ltd. : The Company is pleased to report that initial mapping and sampling on the recently discovered IOCG target on its 100% owned Mon Property in the Yellowknife Gold Belt has identified three weakly gossanous areas within the albitite unit that defines the zone. Samples have been delivered to the laboratory with analyses expected in 6 to 8 weeks. The A-Zone Target is exposed immediately west of [...]
Sixty North Gold Mining Ltd. announces that it proposes to consolidate its common shares on the basis of every ten issued common shares for one new common share, subject to the acceptance of the Canadian Securities Exchange. No fractional shares will be issued and any fractional shares of less than 0.5 will be rounded down to the nearest lower whole share and fractional shares of 0.5 or more will be rounded up to the [...]
Sixty North Gold Mining has defined a large IOCG target on its Mon Property in the North West Territories. The Mon Gold Project, located 45 kilometers north of Yellowknife in the prolific Yellowknife Greenstone Belt, NWT, consists of 11 contiguous mining leases and 3 mineral claims and comprises an aggregate 1537 hectares. Following the recently optioned contiguous Hangstone Property, the total property size is now 5,500 [...]
Sixty North Gold Mining Ltd. : The Company is pleased to report that recent work has defined the 3.2 km by 0.6 km alteration zone on its Mon Property as an Iron Oxide Copper Gold deposit. Petrographic work on a sample from the coincident large magnetic low and intensely hydrothermally altered rocks, together with a comprehensive review of the geochemistry of samples collected from this unit, characterizes the target. Dr [...]
Sixty North Gold Mining Ltd. : Crews mobilized to the Mon Property in late June and commenced mapping and sampling the recently discovered nickel and cobalt discovery, 1.5 km southeast of the mine site. The original discovery was noted in 2021 with a prospector's grab sample returning >1% nickel, 0.18% cobalt, and 0.429 gpt gold. Follow-up grab samples during the winter in early 2022 confirmed 0.31% nickel, 0.022% cobalt [...]
Sixty North Gold Mining Ltd. . The board of directors of Sixty North Gold has approved an extension to March 15, 2023 of the expiry date of certain warrants to purchase up to: 14,020,000 common shares of the Company, exercisable at a price of $0.075 per share, and previously expiring on August 13, 2022; and 3,410,546 common shares of the Company, exercisable at a price of $0.10 per share, and previously expiring on [...]
Sixty North Gold Mining Ltd. is pleased to announce that the Company's President & CEO, Dr. Dave Webb, has been appointed as a Director of the Company, effective April 19, 2022. John Campbell, Chairman of the Board of Directors reports "Dave Webb's appointment to the Board is an exciting milestone for the Company. His industry-leading knowledge about geology and mining operations on the Yellowknife Gold Belt, combined [...]
Sixty North Gold Mining Ltd. : Further to Sixty North Gold's news release on April 7, 2022, announcing that New Discovery Mines Ltd. agreed with the Company to accelerate the earn-in and conversion NDML's direct interest in the Mon Property into a participating interest in the Company, Sixty North Gold is pleased to provide an update on our mine development and property exploration plans. New Discovery Mines Ltd is owned [...]