Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that the resupply of the mine site has been fully completed without any lost-time accidents or incidents. A total of 95,000 litres of diesel, 5 tonnes of explosives, plus propane, lumber, steel, and miscellaneous consumable materials as well as the recently acquired diamond drill were moved to site over a 14 day period on a winter road that attained [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that it has agreed to an accelerated earn-in of a 100% interest in the past producing Mon Gold Mine with all related equipment, supplies, licenses and permits, through a further amending agreement with New Discovery Mines Ltd. . Under the existing agreement the Company has a right to earn an 80% interest in the Mon Gold Property by incurring [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has received the assay results from sampling four exposures of the Main Vein, extending the east-limb of the A-Zone 115 m to the north. With reference to the attached sections: A 0.9 m wide exposure of the east-limb of the Main Vein 115 m north of the last stope returned 10.2 gpt gold from a continuous chip sample. This extends the potential beyond what had been [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has entered into a consulting agreement with Countryman Investments Ltd. for Countryman to provide to the Company, through David Richardson, general corporate and public company advisory services, including advice on capital markets, strategic initiatives, the business of the Company, financings, corporate development and acquisitions. Countryman will be paid a [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that construction of the winter road from Highway #4 to the Company's Mon Gold Mine was completed late last week. We now await gradual thickening of the ice, as temperatures are forecast to remain below -20o C all this week, reaching below -40o C on the coldest nights. Trucking of supplies to site is expected to commence in March. The Company also [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that construction of the winter road from Highway #4 to the Bluefish Hydroelectric Plant commenced this past weekend. This represents approximately 18 km of the 45 km road to the Mon Gold Mine. The construction of the balance of the road to the mine will be completed over the next several weeks. As with all winter roads, once constructed the ice [...]
Sixty North Gold Mining Ltd. : The board of directors of Sixty North Gold has approved an extension to August 30, 2024 of the expiry date of certain warrants to purchase up to 6,360,000 common shares of the Company exercisable at a price of $0.10 per share, and previously extended to expire on December 31, 2021. The warrants were issued to investors in connection with a private placement completed by the Company on August [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that the Board of Directors met and has reviewed the results of the 2021 development program and have approved an expanded work planned for 2022. This includes: Expanding the underground development from 213 m AMSL to elevation 177 m AMSL to open up an expected 30,000 tonnes of vein below the previous stopes . Initiate preliminary work to develop the [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that it has successfully completed the first phase of opening the high-grade Mon Gold Mine, located 45 km north of Yellowknife in the prolific Yellowknife Gold Belt. The Company opened the North Portal and rehabilitated 125 meters , of ramp, exposing three sections of the high-grade A-Zone vein. One exposure is 17 m below the West Stope, and the other [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that it has renewed the marketing and consulting agreement with FronTier Flex Marketing to provide marketing and investor relations. FronTier is a marketing and investor relations group with a home office in Toronto, Canada. FronTier will continue to assist the Company by increasing market awareness for the Company using a number of financial market [...]
Sixty North Gold Mining Ltd. : Sixty North Gold is pleased to announce that it has arranged debt settlements with certain directors and officers of the Company and a consultant to settle $144,250 in indebtedness for accrued management and consulting fees from the period January 1, 2021 to August 31, 2021, to be paid by the issuance and delivery of a total of 2,219,228 common shares of the Company in the aggregate, at a [...]
Sixty North Gold Mining Ltd. . Further to our news release of July 12, 2021, the Company is pleased to report that it has closed the second and final tranche of its non-brokered private placement, originally announced on July 5, 2021. The second tranche consisted of 11,494,260 units at an offering price of $0.065 per Unit to raise additional gross proceeds of $747,126.90 . Each Unit consisted of one common share , and one [...]