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) 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" ]Sixty North Gold Mining (CSE: SXTY, FSE: 2F40, OTC Pink: SXNTF) has announced a new stock option grant for its leadership team and consultants. The company has authorized incentive stock options allowing the purchase of up to 802,500 common shares.
Key details of the option grant:
- Exercise price set at $0.115 per share
- Options valid until April 28, 2030
- Recipients include directors, officers, and consultants
The technical content of this announcement has been reviewed and approved by Dr. D.R. Webb, who serves as the company's President & CEO and acts as the Qualified Person. Dr. Webb holds Ph.D., P.Geol., and P.Eng. credentials.
Sixty North Gold Mining (OTC: SXNTF) has announced significant drilling results from its Volcanogenic Massive Sulphide (VMS) program. The company intersected three sulphide zones in drill hole VMS1 and two in VMS2 at their Mon Property. The drilling confirmed substantial sulphide concentrations where geophysical surveys had identified them.
In VMS1, Zone 2 showed 4-15% sulphides over 3.5m (true width 3.0m), while VMS2's Zone 2 contained more sulphides with four 1cm massive sulphide zones across an estimated true width of 7m. The property's location near the Bluefish Hydroelectric Power Plant and Yellowknife road network presents potential development advantages with reduced infrastructure costs.
The company plans additional drill holes on the Upper Horizon and will test the Lower Horizon after ice breakup. These VMS deposits could potentially yield copper, zinc, lead, silver, and gold, diversifying the company's portfolio beyond their planned underground Mon Gold Mine.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has announced debt settlements with certain company officers, a director, and a consultant. The company will settle a total indebtedness of $151,426.15 through the issuance of 1,514,261 common shares at a deemed value of $0.10 per share, plus GST (paid in cash). The debt represents accrued management and consulting fees from May 1, 2024, to February 28, 2025, and other services. The issued shares will be subject to a 4-month and one-day resale restriction period from their issuance date.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has initiated the mobilization of drilling crews to Yellowknife to test multiple Volcanogenic Massive Sulphide (VMS) targets on its wholly-owned Mon Gold Property. The targets were identified through recent geological, geochemical, and geophysical surveys.
The company's 5656 Zone has shown promising results from trench samples, including 1.0 gpt gold, 203 gpt silver, 0.59% lead and 0.96% zinc over 0.45m. Nearby deposits within the same Kam Group volcanics have demonstrated significant mineralization, with the Likely Lake deposit yielding 7.6 metres of 2.5 gpt gold, 204 gpt silver, 6.0% lead, 10.8% zinc, 0.6% copper.
The property features an 8m thick massive sulphide unit within the Mac Tuff, with a one-kilometer-long geochemical anomaly extending south of the 5656 Zone. Multiple TDEM anomalies have been identified with significant conductivity measurements and strike lengths exceeding 200m.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has announced plans to drill test several Volcanogenic Massive Sulphide (VMS) targets on its wholly-owned Mon Gold Property this winter. The targets were identified through recent geological, geochemical, and geophysical surveys.
The property features significant geological structures including an 8m thick massive sulphide unit within the Mac Tuff. Notable findings include Anomaly C with samples grading 1.0 gpt gold, 203 gpt silver, 0.59% lead and 0.96% zinc over 0.45m, and Anomalies D, E, F, and G showing various levels of conductivity up to >500,000 S/m.
The company draws comparisons to other significant deposits in the region, such as the Hacket River VMS deposits and the Sunrise Lake deposit, highlighting the potential of the area for substantial mineral resources.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has announced plans for diamond drilling at its wholly-owned Mon Gold Property. The program focuses on two main targets: The DD-Zone, a newly discovered 2m wide vein system adjacent to the past-producing A-Zone, which showed samples up to 62.6 gpt gold, and VMS targets, consisting of four separate volcanogenic massive sulphide locations.
The DD-Zone drilling will involve six holes to test the zone where previous muck samples showed 37.5 gpt gold. The VMS program targets areas with conductors ranging from 45 to 180m in length and 16 to 36m in thickness, with some showing associated magnetic anomalies. Previous samples from the area included intervals with 203 gpt silver, 1.0 gpt gold, 0.56% lead, and 0.96% zinc.
Sixty North Gold Mining (CSE: SXTY) has provided an update on its mining operations at the Mon Gold Mine in Yellowknife, NWT Canada. The company has received a second batch of assays from the recently developed A-Zone East Limb, with chip assays ranging from 62 gpt over 0.3 m to 0.05 gpt over 1 m. In 2024, the company continued mining, reopened the Main Ramp, and completed a cross cut exposing the East and West Limbs of the A-Zone.A new vein, the DD-Zone, was discovered 45 m below surface. The company mined for 44 days in 2024, with no lost time accidents. Approximately 250 tonnes of development muck from the east limb of the A-Zone have been stockpiled. The company plans to install a permitted 100 tpd mill and relevant infrastructure to restart processing on site.