Sixty North Gold Mining Ltd. proposes to complete a non-brokered private placement of up to 5,000,000 units at an offering price of $0.05 per Unit, to raise gross proceeds of up to $250,000 . Each Unit will consist of one common share of the Company and one share purchase warrant . Each whole Warrant will be exercisable to acquire one additional common share at an exercise price of $0.10 per share for a period of two [...]
Sixty North Gold Mining Ltd. has granted incentive share options to the newly appointed CEO and to an advisor of the Company to purchase up to 500,000 common shares each. The options have an exercise price of $0.05 and are exercisable for a period of 5 years from the date of the grant. About the Company The Company is engaged in acquisition, exploration and development of mineral properties. Its principal target is the [...]
Sixty North Gold Mining Ltd. is pleased to announce that Gavin Kirk has been appointed as President, CEO and a Director of the Company, effective immediately. John Campbell, Chairman of the Board of Directors, reports, "Gavin Kirk's appointment is an exciting development for the Company. His extensive background and connections in the investment community will help us accelerate our fund-raising and operational programs [...]
Sixty North Gold Mining Ltd. is pleased to announce that Geotech Ltd. has completed a 135 km helicopter-borne VTEMTM Plus, time domain electromagnetic and horizontal magnetic gradiometer survey across the Mon Property. This system was selected to trace the outcropping Ag, Au, Pb, Zn enriched VMS-style mineralization recently discovered on the property . The final report is expected to take 4 to 6 weeks to complete [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has engaged Geotech Ltd. to complete a 135 km helicopter-borne VTEMTM plus, time domain electromagnetic and horizontal magnetic gradiometer system. This system will be able to detect weaker conductors characteristic of the low iron sulphide Ag, Au, Pb, Zn mineralization found in outcrop. Massive, semi-massive and disseminated galena, sphalerite, and tetrahedrite [...]
Sixty North Gold Mining Ltd. - Further to the Company's announcements on October 22, 2018 and November 13 and 21, 2018, Sixty North is pleased to announce that it has closed the first tranche of its brokered private placement of flow-through share units at an offering price of $0.10 per FT Unit, and hard dollar units . The Company sold 2,220,000 FT Units and 4,100,000 Units to raise gross proceeds of $550,000. Mackie [...]
Sixty North Gold Mining Ltd. announces that further to its press release dated October 22, 2018 with respect to its offering up to 7,692,308 flow-through shares by way of private placement with Mackie Research Capital Corporation as lead agent and sole book runner, and in view of the current market price for its common shares, Sixty North has renegotiated the FT Share offering price with the Agent from $0.13 per FT Share [...]
Sixty North Gold Mining Ltd. announces that further to its press release dated October 22, 2018 with respect to its offering of units by way of private placement with Mackie Research Capital Corporation as lead agent and sole book runner, and in view of the current market price for its common shares, Sixty North has renegotiated the Unit offering price with the Agent from $0.10 per Unit to $0.08 per Unit, thereby reducing [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has discovered a new, high-grade silver lead zinc massive sulphide horizon within mixed mafic to felsic volcanic rocks on its Mon Property. A 2,500 m long contact of mixed mafic and felsic tuffs referred to as the Nelson Lake Deposit hosts numerous structurally and stratigraphically controlled massive and disseminate sulphides and gossanous schist zones [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has negotiated brokered private placements with Mackie Research Capital Corporation as lead agent and sole book runner to raise gross proceeds of up to $2,250,000 . The Agent also has the option to increase the size of the Financings by up to another 15% for over-allotments , by written notice to the Company at any time at least 48 hours prior to the date of [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has completed 164 lineal metres of trenching in five areas. One hundred and forty-four composite chip samples have collected and submitted for analysis with the results expected within six weeks. The trenching program tested mineralized shear zones from the 3,300 metre long West Mafic Trend where 223 grab and chip samples have been collected along this length [...]
Sixty North Gold Mining Ltd. is pleased to announce rapid advancement on its trenching program, and that it has received a $59,471 Mining Incentive Program grant from the Government of the Northwest Territories. Trenching Program The Company is pleased to report that the trenching program announced in a news release September 4, 2018, is proceeding well, is ahead of schedule with seven trenches blasted on the West Mafic [...]