Welcome to our dedicated page for Sixty Notrh Gold Mining news (Ticker: SXNTF), a resource for investors and traders seeking the latest updates and insights on Sixty Notrh Gold Mining stock.
Sixty North Gold Mining Ltd. (SXNTF) generates frequent news as it advances its 100%-owned Mon Gold Project and Mon Gold Mine in the Yellowknife gold camp in the Northwest Territories. Company releases focus on underground mine development, project financing, mill procurement, and exploration updates across multiple target types on the property.
Investors following SXNTF news will find detailed reports on the reopening and extension of the North Ramp, intersection of the A-Zone quartz vein below historic stopes, and plans to develop stopes in the East Limb, West Limb and DD-Zone. The company also provides updates on its 100 tonnes-per-day gravity–flotation mill, including ordering the mill, logistics for winter road delivery, and planned installation to support underground production from the Mon Gold Mine.
News from Sixty North Gold also covers corporate and capital developments such as project financing arrangements, including a disclosed term loan with Vesta Wealth Partners Ltd. to fund development to production, and non-brokered unit offerings. The company reports on board changes, option grants, and other governance matters as it builds capacity for the transition from development to planned production.
Exploration-focused releases describe drilling on silver-rich volcanogenic massive sulphide (VMS) targets identified by geophysical surveys, as well as ongoing evaluation of shear zone-hosted gold and IOCG-style mineralization on the Mon Gold Project. These updates provide context on how the company is assessing additional gold, silver and base metal potential alongside the Mon Gold Mine.
This SXNTF news page on Stock Titan aggregates these operational, financial, and exploration announcements so readers can monitor the company’s progress on mine restart plans, mill commissioning, and broader project development over time.
Sixty North Gold (OTC: SXNTF) provided a logistics and development update for the wholly owned Mon Gold Mine near Yellowknife, NWT.
The company says a new 100 tpd mill is en route to Canada, expected to land February 20, 2026, with assembly planned for late April and initial commissioning targeted for June–July 2026. Winter road construction and site mobilization continue; crews will haul 19 truckloads of supplies in February–March and install a 20‑man trailer camp. The mill is planned to operate 24/7, treating material from the A‑Zone second level while evaluating DD‑Zone and extending the main ramp.
Sixty North Gold (OTC: SXNTF) provided a project update on January 15, 2026, for its wholly owned Mon Gold Mine near Yellowknife, NWT. Construction of the southern half of the winter road has begun from Highway 4 for approximately 15 km, while the remaining ~30 km to site will be built and managed by Matrix starting next month.
A total of 19 truckloads, including a 100 tpd mill, will be hauled to site in February–March. Mill assembly is planned for late April with initial commissioning in June–July 2026. The company intends to run the 100 tpd mill 24/7, processing material from the second level of the A‑Zone vein while evaluating DD‑Zone stoping and extending the main ramp to level three.
Sixty North Gold (OTC: SXNTF) provided a project update on January 12, 2026, outlining plans to restart gold production at its wholly‑owned Mon Property, Yellowknife, NWT, in 2026.
The company's mill provider confirmed all equipment will be ready for shipping next week, to be transported by ship to Vancouver and rail to Edmonton. A refurbished six‑unit trailer camp purchased in Alberta will be delivered in February 2026 alongside the mill and ancillary supplies. Contract crews are being engaged for movement and assembly.
Management said favorable winter road conditions — cold weather with limited snow and thick ice — support moving equipment onto the past‑producing Mon Property this winter, targeting a production restart in H1 2026 with gold pours commencing within two months of restart.
Sixty North Gold (OTC Pink: SXNTF) announced two new board appointments and incentive option grants on January 6, 2026. The company added Daniel Martin, an investment-banking and structured finance professional and CFA charterholder based in Calgary, and Michelle Legat, P.Geo., a geoscience executive specializing in AI-driven geological solutions. Management says the additions increase board capacity as the company advances toward production at its 100% owned Mon Gold Mine in Yellowknife, NWT. The company granted incentive stock options for up to 1,537,500 common shares at an exercise price of $0.30 per share, exercisable until January 5, 2031, with no vesting provisions.
Sixty North Gold (OTC: SXNTF) closed a $3,600,000 term loan from Vesta Wealth Partners on December 24, 2025 to restart the high-grade Mon Gold Mine near Yellowknife, NWT. Funds will mobilize a recently purchased mill, complete installation and commissioning, and target initial gold pours.
Key loan terms: 36-month repayment, 12% annual interest, no principal payments until December 2026, 6,650,000 warrants at $0.14 exercisable for three years, a 2.5% NSR for a minimum of four years with a buyback option up to $5,000,000, and two Vesta board nominees.
Sixty North Gold (OTC: SXNTF) signed a binding commitment letter on November 17, 2025 for a $3,600,000 term loan from Vesta Wealth Partners to fund development to production at the Mon Gold Mine, 45 km north of Yellowknife, NWT.
Key terms include: 36-month repayment, no principal payments until December 2026, 12% annual interest, issuance of 6,650,000 warrants exercisable at $0.14 for three years, a 2.5% NSR for at least four years (buyback up to $5,000,000), first-ranking security over the Mon Gold Mine, and two Vesta board nominees.
Sixty North Gold (OTC: SXNTF) has ordered a complete 100 tpd crush-grind-gravity-flotation-thicken-filter tailings mill for delivery to the Mon Gold Mine via winter road in early 2026.
Company management says this will be the first gold mill installed on the Yellowknife greenstone belt in over 80 years and will be the only permitted and operating gold mine in the Northwest Territories. Recent site work reopened underground workings, extended the main production ramp to the second level, and intersected the A-Zone 17 m below historic stopes on both east and west limbs, enabling development of four working areas. Ramp development to a third level is planned while the newly discovered DD zone is assessed for stope potential.
Sixty North Gold (OTC: SXNTF) updates progress to restart sustainable gold production at its wholly-owned Mon Gold Mine and announces a fully subscribed non-brokered unit offering.
Key facts: the company says it invested $9 million to acquire and develop Mon Gold, plans to commission a 100 tpd mine and mill in summer 2026, and arranged a fully subscribed offering of 5,250,000 units at $0.06 to raise up to $315,000. Each unit includes one share and one-half warrant (exercise price C$0.10, 12-month term) with an accelerated 30-day call provision if shares trade >C$0.15 for 10 consecutive days. Proceeds will fund exploration, development and working capital.
Sixty North Gold Mining (OTC:SXNTF) has provided a comprehensive update on its Mon Gold Mine development and future operational plans. The company has invested $6.2 million in the project since 2017, including $2.6 million in acquisition costs and $3.6 million in exploration and development.
The company has completed 226 metres of development work and accessed the A-Zone quartz veins. For 2026, Sixty North plans to extract approximately 20,000 tonnes of the A-Zone vein using a mechanized resue method. The company intends to install a 100 tpd mill with estimated capital costs of $1 million. Full production will require additional crew members, increasing daily labor costs to $15,000.
[ "Successfully accessed A-Zone quartz veins below historic stopes that previously yielded 30 gpt gold", "Historic production demonstrated 1,000 ounces of gold per vertical metre", "Plans to extract 20,000 tonnes of A-Zone vein in 2026", "100 tpd mill secured for installation, indicating progression towards production" ]