24 December 2025
Vancouver, British Columbia - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to report that it has closed the $3,600,000 term loan (the "Loan") from Vesta Wealth Partners Ltd. ("Vesta"), an independent investment firm, on behalf of certain accounts and funds managed by it as investment advisor or investment manager, previously announced on November 17, 2025. The funds will be used by the Company towards the development to production of its wholly-owned flagship Mon Gold Mine. The Mon Gold Mine is located 45 km north of Yellowknife, NWT and is expected to be the only operating gold mine in the Northwest Territories. Except for the Mon Gold Mine's initial development in the 1990's, it is the first mine to be started in the Yellowknife Gold Belt since the Discovery Mine started operations in 1948.
Dave Webb, President and CEO reports, "The Mon Gold Mine is designed to produce 100 tpd of feed to our recently purchased mill. These funds are expected to cover the costs to mobilize our new mill to site, complete installation and commissioning, and see us to our first gold pours. We have been having near perfect weather for the construction of winter roads and we expect to be providing updates as we progress to production over the next few months".