23 November 2020
Sixty North Gold Mining Ltd. Please reference our news release on November 18, 2020 on the option of the 2,394 hectares Hangstone Property adjoining the Company’s Mon Property, in the Yellowknife Gold Belt, NWT.
Sixty North Gold is pleased to announce that it has compiled sampling data collected by the vendors of the Hangstone Property over the past eight years on their property. The Hangstone Property also adjoins GoldMining Inc.’s Clan Lake Deposit, that hosts 199,000 ounces of gold in 2.8 million tonnes of Inferred Mineral Resources grading 2.23 gpt gold (GoldMining Inc., April, 2019). Please refer to the attached claims map.
Dave Webb, President and CEO reports “We are very pleased to have almost quadrupled the size of the Mon Property and have acquired a great deal of data from the past explorers on the Hangstone Property. The focus has always been high-grade gold mineralization like that at the Con, Giant, or Discovery mine properties, however there are other targets that warrant attention. The VMS mineralization on the Mon Property appears to occur on the Hangstone claims and can be tested quickly and cheaply using airborne geophysical techniques. Shear zone targets are difficult to assess without large drill programs. No VMS or shear zone targets on the Mon Property or extensions of these targets on the Hangstone Property have been drilled. ”Sixty North Gold Mining Ltd. Please reference our news release on November 18, 2020 on the option of the 2,394 hectares Hangstone Property adjoining the Company’s Mon Property, in the Yellowknife Gold Belt, NWT.
Sixty North Gold is pleased to announce that it has compiled sampling data collected by the vendors of the Hangstone Property over the past eight years on their property. The Hangstone Property also adjoins GoldMining Inc.’s Clan Lake Deposit, that hosts 199,000 ounces of gold in 2.8 million tonnes of Inferred Mineral Resources grading 2.23 gpt gold (GoldMining Inc., April, 2019). Please refer to the attached claims map.
Dave Webb, President and CEO reports “We are very pleased to have almost quadrupled the size of the Mon Property and have acquired a great deal of data from the past explorers on the Hangstone Property. The focus has always been high-grade gold mineralization like that at the Con, Giant, or Discovery mine properties, however there are other targets that warrant attention. The VMS mineralization on the Mon Property appears to occur on the Hangstone claims and can be tested quickly and cheaply using airborne geophysical techniques. Shear zone targets are difficult to assess without large drill programs. No VMS or shear zone targets on the Mon Property or extensions of these targets on the Hangstone Property have been drilled.”