14 October 2025
Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to update shareholders on its progress to restart sustainable gold production at its wholly-owned Mon Gold Mine.
Dr. Dave Webb, President and CEO states, "Sixty North Gold Mining Ltd. plans to commission a 100 tpd gold mine and mill in the summer of 2026. The Company has invested over $9 million in acquiring and developing its wholly-owned past producing Mon Gold Mine. This includes investments in mining equipment, camps, supplies and development to the second level below the historic stopes that were produced ore grading one ounce gold per tonne. The Yellowknife Gold Belt hosts many large high-grade gold mines and deposits.
"We believe that restarting this historic one ounce per tonne past producer will allow our shareholders to benefit directly in the gold market in this time of record prices."
Sixty North Gold is also pleased to report that the Company has arranged a non-brokered financing of up to 5,250,000 units (the "Units") at an offering price of $0.06 to raise gross proceeds of up to $315,000 (the "Offering"). The offering is fully subscribed.