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.
Summary not available.
Sixty North Gold Mining (CSE:SXTY) (OTCPink:SXNTF) has identified a significant IOCG target on its Mon Property in the Northwest Territories. The Mon Gold Project covers 1,537 hectares and is part of a larger area now totaling 5,500 acres. Recent geological work revealed a 3.2 km by 0.6 km alteration zone indicative of an Iron Oxide Copper Gold (IOCG) deposit. The Mon Mine previously produced 15,000 ounces of gold, and the property has existing permits for production. Trading at $0.035, the company looks to expand exploration and identify additional economic zones.