STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Sixty North Gold Announces Purchasing 100 tpd Mill for Its Wholly-Owned Mon Gold Mine

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

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) ha ordinato un impianto completo da 100 tpd per frantumazione-macinazione-gravità-flotazione-ispessimento-filtrazione dei fanghi di scarto, da consegnare alla Mon Gold Mine tramite strada invernale all'inizio del 2026.

La direzione dell'azienda afferma che questo sarà il primo molino d'oro installato sul cinturone Greenstone di Yellowknife da oltre 80 anni e sarà l'unica miniera d'oro autorizzata e operativa nelle Territorie del Nord-Ovest. Recenti lavori sul sito hanno riaperto le lavorazioni sotterranee, esteso la rampa di produzione principale al secondo livello e intercettato la Zona A a 17 m sotto i vecchi stopes su entrambi i rami est e ovest, consentendo lo sviluppo di quattro aree operative. Lo sviluppo della rampa verso il terzo livello è previsto, mentre si valuta la potenzialità della nuova zona DD per le stopes.

Sixty North Gold (OTC: SXNTF) ha ordenado una planta completa de 100 tpd para triturar-moler-gravimetría-flotación-espesamiento-filtrado de relaves para entrega a la Mon Gold Mine por carretera invernal a principios de 2026.

La dirección de la empresa dice que esta será la primera planta de oro instalada en la cinturón de piedra verde Yellowknife en más de 80 años y será la única mina de oro autorizada y operativa en los Territorios del Noroeste. Trabajos recientes en el sitio reabrieron las labores subterráneas, prolongaron la rampa de producción principal hasta el segundo nivel y se interceptó la Zona A a 17 m por debajo de las vetas históricas en las ramas este y oeste, lo que permite el desarrollo de cuatro áreas de trabajo. Se prevé el desarrollo de la rampa hacia un tercer nivel mientras se evalúa el potencial de las zonas DD para las stopes.

Sixty North Gold (OTC: SXNTF)는 2026년 초에 Mon Gold Mine으로 겨울 도로를 통해 납품될 100 tpd의 파쇄-분쇄-중력-플로테이션-농축-여과 잔류물 공장을 완전 주문했습니다.

회사 경영진은 이 공장이 80년 넘게 옐로우나이프 그린스톤 벨트에 설치되는 첫 번째 금 생산 공장이 될 것이며, 노스웨스트 준주에서 허가를 받은 유일한 가동 중인 금광이 될 것이라고 말합니다. 최근 현장 작업으로 지하 작업이 재개되고, 주 생산 램프가 두 번째 수준까지 확장되었으며, 동·서 가지의 역사적 스톱 하부의 A-존17m 아래에서 교차되어 네 개의 작업 구역 개발이 가능해졌습니다. 3층으로의 램프 개발은 계획되어 있으며, 새로 발견된 DD 구역의 스톱 포텐셜 평가가 진행 중입니다.

Sixty North Gold (OTC: SXNTF) a commandé une installation complète de milling broyage gravité flottation épaississement filtration des rejets de 100 tpd pour livraison à la Mon Gold Mine via une route hivernale au début 2026.

La direction indique que ce sera la première usine d'or installée sur le cinturón Greenstone de Yellowknife depuis plus de 80 ans et qu’elle sera la seule mine d'or autorisée et en activité dans les Territoires du Nord-Ouest. Des travaux récents sur le site ont rouvert les travaux souterrains, étendu la rampe de production principale au deuxième niveau et croisé la Zone A à 17 m sous les anciennes stopes sur les branches est et ouest, permettant le développement de quatre zones de travail. Le développement de la rampe vers le troisième niveau est prévu pendant que la nouvelle zone DD est évaluée pour le potentiel des stopes.

Sixty North Gold (OTC: SXNTF) hat eine komplette 100 tpd Zerkleinerungs-/Mahl-/Gravitäts-/Flotations-/Dickungs-/Filtrations-Mühle bestellt, die per Winterstraße zur Mon Gold Mine geliefert werden soll, Anfang 2026.

Die Unternehmensleitung sagt, dies werde die erste Goldmühle sein, die auf dem Yellowknife Greenstone Belt installiert wird und in über 80 Jahren die einzige genehmigte und in Betrieb befindliche Goldmine in den Nordwest-Territorien sein. Jüngste Geländearbeiten haben unterirdische Arbeiten wieder geöffnet, die Hauptproduktionsrampe bis auf den zweiten Level verlängert und die Zone A 17 m unter historischen Stopes an beiden Ost- und Westästen gekreuzt, wodurch die Entwicklung von vier Arbeitsbereichen ermöglicht wird. Die Rampenentwicklung zum dritten Level ist geplant, während die neu entdeckte Zone DD auf Stopen-Potenzial geprüft wird.

Sixty North Gold (OTC: SXNTF) قد أمرت بمرفق كامل سحق-طحن-جاذبية-تعويم-تكثيف-ترشيح للنفايات بسعة 100 طن/يوم ليُسَلَّم إلى Mon Gold Mine عبر طريق شتوي في بداية 2026.

يقول مديرو الشركة إن هذا سيكون أول مطحنة ذهب تُثبت على حزام الحجر الأخضر في يلو نايف خلال أكثر من 80 عاماً وستكون المناجم الذهبية المصرح بها والمشغَّلة الوحيدة في إقليم الأراضي الشمالية الغربية. الأعمال الميدانية الأخيرة أعادت فتح الأعمال تحت الأرض، ووسّعت من منحدر الإنتاج الرئيسي إلى المستوى الثاني، وتقاطعت منطقة A على بعد 17 م تحت احتياطات الكهوف التاريخية على فروعها الشرقية والغربية، مما مكّن من تطوير أربع مناطق عمل. المخطط تطوير المنحدر إلى المستوى الثالث بينما تُقيَّم منطقة DD المكتشفة حديثاً لإمكانات استخراج الكتل.

Positive
  • 100 tpd mill ordered for delivery in early 2026
  • First gold mill on Yellowknife belt in 80 years
  • Reopened underground workings and ramp extended to second level
  • Four working areas enabled by A-Zone intersections
  • Planned development to a third level
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to announce that the Company has placed an order for a complete 100 tpd crush - grind - gravity - flotation - thicken and filter tailings mill to be delivered to the Mon Gold Mine site on the winter road in early 2026.

Dr. Dave Webb, President and CEO states, "This mill will be the first gold mill to be installed on the Yellowknife greenstone belt in over 80 years, other than the 100 tpd mill the current Company management ran in the 1990's at this mine site. This will be the only permitted and operating gold mine in the NWT. We are pleased to be bringing gold mining back to Yellowknife by reactivating this historic past producer, which is expected to bring benefits to the Territories, suppliers, First Nations, workers, and the regional community. Recent work at the Mon Mine has reopened underground workings and extended the main production ramp to the second level of the mine. Cross cuts have intersected the A-Zone 17 m below the historic stopes in both the east and west limbs. This will allow for a north and south stope to be developed on each limb, providing for four working areas. Development of the main ramp to a third level is planned to continue while at the same time the newly discovered DD zone will be assessed to determine if it will support stope development."

About the Company

Sixty North Gold is developing mining operations for gold on its 100-per-cent-owned Mon Gold Mine, which extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold in the 1990s (Company Technical Report NI 43-101, August 3, 2023 on SEDAR or https://sixtynorthgold.com/projects/technical-report/. The North Ramp has been reopened and has been extended to the target portion of the vein. The Company plans to develop stopes to feed a 100 tpd gravity-flotation mill.

Additional gold, silver and base metal targets occur on the property and will be explored and developed as warranted.

The Yellowknife gold camp hosts two mines that averaged 30 gpt gold or better (Discovery Mine with one million ounces of gold produced, and Sixty North Gold's Mon Mine), and two that averaged 15 gpt or better for a total production of over 14 million ounces of gold (Con Mine and Giant Mine) (ref. Company Technical Report NI 43-101, August 3, 2023).

The technical content of this release has been reviewed and approved by Dr. D.R. Webb, P.Geol, President and CEO of Sixty North Gold Mines Ltd.

For more information, please refer to the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile.

ON BEHALF OF THE BOARD OF DIRECTORS

"Dave Webb"
Dave Webb, President & CEO

For further information, please contact:
Dave Webb
Tel.: 604 818-1400
Email: dave@drwgcl.com
Website: www.sixtynorthgold.com

Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR (www.sedarplus.ca), under the Company's profile.

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273118

FAQ

What did Sixty North Gold (SXNTF) announce on November 4, 2025 about the Mon Gold Mine?

The company ordered a complete 100 tpd mill to be delivered to the Mon Gold Mine in early 2026 and reported recent underground development.

When will the 100 tpd mill for SXNTF's Mon Gold Mine be delivered?

The mill is scheduled for delivery to the Mon Gold Mine site on the winter road in early 2026.

How does the new mill affect Mon Gold Mine operations for SXNTF?

The mill provides on-site processing capacity at 100 tpd, supporting planned ramp development and multiple stope areas.

What underground progress did Sixty North Gold report at Mon Gold Mine (SXNTF)?

Work reopened underground workings, extended the main ramp to the second level, and intersected the A-Zone 17 m below historic stopes.

Will the Mon Gold Mine be a permitted operation in the Northwest Territories under SXNTF?

The company says the Mon Gold Mine will be the only permitted and operating gold mine in the Northwest Territories.
Sixty Notrh Gold Mining Ltd

OTC:SXNTF

SXNTF Rankings

SXNTF Latest News

SXNTF Stock Data

2.83M
38.42M
33.51%
Gold
Basic Materials
Link
Canada
Vancouver