Sixty North Gold Provides an Update on the Mon Property, Yellowknife, NWT

17 August 2023

Vancouver, British Columbia--(Newsfile Corp. - August 17, 2023) -  Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") announces an update on the Yellowknife NWT fire situation and its impact on the Mon Property.

The NWT has been experiencing a devastating wildfire season with many communities and properties under evacuation orders. The 114,000 hectare ZF015-23 fire west of Yellowknife, the 9,000 hectare ZF012-23 fire north of Yellowknife and the 24,000 hectare ZF011-23 fire northeast of Yellowknife are all still out of control. As of August 16, Yellowknife and surrounding communities have been placed on evacuation orders.

Dr. Webb was in Yellowknife recently and departed the Mon Property August 11, 2023, when the fire was less than three km from camp. The camp has been emptied of staff, and the watchman who had moved earlier to a nearby camp on an island on Sito Lake has been evacuated to Yellowknife. A satellite image from August 15, 2023 shows the ZF012-23 fire has gone through the Mon camp. The Company has contacted its insurance company to advise them of a potential claim. With Yellowknife and the NWT having states of emergencies declared, and other priorities for aircraft, it is not be possible to visit the Mon Project at this time to assess potential damage.