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Sixty North Gold Mining Ltd. reports project developments tied to its wholly owned Mon Gold Mine near Yellowknife in the Northwest Territories. Company updates center on moving the past-producing gold property toward operations, including winter-road access, equipment and camp mobilization, mill delivery and assembly, regulatory reporting, and planned work on the A-Zone and DD-Zone areas.
News also covers financing used for mine development, board and option-grant matters, contractor logistics, site cleanup after wildfire damage, and exploration references to additional gold, silver, base-metal and critical-element targets on the property.
Sixty North Gold (OTC:SXNTF) outlined progress toward starting gold production at its wholly owned Mon Gold Mine near Yellowknife in 2026. All mining and milling equipment is on site, mobilized on budget and without lost-time accidents.
According to the company, 6 of 12 required management plans have been approved, mill construction is expected to take at least 60 days, and operations at the permitted 100 tpd rate are planned for this summer, with four prepared stopes ready for mining.
Sixty North Gold (OTC: SXNTF) has mobilized all equipment to its wholly owned Mon Gold Mine, Yellowknife, NWT, with mobilization completed by winter road and removal of residual burned‑camp material to authorized facilities.
The company says it remains within budget to date, recorded no lost‑time accidents or environmental incidents, and plans to commence mill construction and operations at a permitted 100 tpd design rate this summer, with extraction planned from four stopes averaging 30 gpt historic grade.
Sixty North Gold (OTC: SXNTF, CSE: SXTY) mobilized crews and most equipment to the Mon Gold Mine, Yellowknife, NWT, as it advances toward planned gold production in 2026.
More than 300,000 kg of supplies will be at site before winter road access ends. The company reports the mill has arrived in Canada and is en route to Yellowknife for commissioning at a 100 tpd design rate. Management says expenditures are within budget to date but expects fuel costs to exceed initial budgeted amounts.
Sixty North Gold (OTC: SXNTF) is mobilizing crews and equipment to its wholly owned Mon Gold Mine near Yellowknife, NWT, with winter road construction complete and ice thickness increasing as of late February 2026.
The company's mill shipment from China is due to arrive at Deltaport on March 6, 2026; assembly is planned for late April with initial commissioning targeted for late June–early July 2026 for a 100 tpd mill operating 24/7.
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.