Sixty North Gold Mining Ltd. . Further to our news release of July 12, 2021, the Company is pleased to report that it has closed the second and final tranche of its non-brokered private placement, originally announced on July 5, 2021. The second tranche consisted of 11,494,260 units at an offering price of $0.065 per Unit to raise additional gross proceeds of $747,126.90 . Each Unit consisted of one common share , and one [...]
Sixty North Gold Mining Ltd. . Sixty North Gold has identified a prospective bulk-minable gold target on its optioned Hangstone claims during initial field investigations this month. Crews in camp during startup of the Mon A-Zone underground mining examined targets identified by the Hangstone vendor at Narrow Lake. The newly discovered zone has significant similarities to the Clan Lake Zone located on the adjacent claims [...]
Sixty North Gold Mining Ltd. The board of directors of Sixty North Gold has approved an extension to December 31, 2021 of the expiry date of certain warrants to purchase up to 6,360,000 common shares of the Company exercisable at a price of $0.10 per share, and previously expiring on August 30, 2021. The warrants were issued to investors in connection with a private placement completed by the Company on August 30, 2019 [...]
Sixty North Gold Mining Ltd. Further to the news release of July 5, 2021 where the Company announced plans to complete a non-brokered private placement of up to 23,076,923 units at an offering price of $0.065 per Unit, to raise gross proceeds of up to $1.5 million , Sixty North Gold is pleased to report that it has closed on 21,981,150 units raising gross proceeds of $1,428,774.75. Each Unit consisted of one common share [...]
Sixty North Gold Mining Ltd. proposes to complete a non-brokered private placement of up to 23,076,923 units at an offering price of $0.065 per Unit, to raise gross proceeds of up to $1.5 million . Each Unit will consist of one common share of the Company and one non-transferable share purchase warrant . Each Warrant will be exercisable to acquire one additional common share at an exercise price of $0.10 per share for a [...]
Sixty North Gold Mining Ltd. . Sixty North Gold is pleased to report that crews have commenced mobilizing to the Mon Property, Yellowknife Belt, NWT. The Company plans to reopen the existing North Ramp and extend the decline a further approximately 200 m, to access between 30,000 to 40,000 tonnes of vein material about 20 m beneath the historic stopes. The Company plans to extract a bulk sample of 4,000 to 6,000 tonnes to [...]
Sixty North Gold Mining Ltd. Sixty North Gold is pleased to announce the appointment of Rod McKay as Mine Manager for its Mon Gold mine project. Mr. McKay has worked as a project superintendent on numerous underground mining projects, including responsibility for milling operations and exploration activities. He has more than 40 years of diversified work experience in all aspects of underground mine construction [...]
Sixty North Gold Mining Ltd. Further to the Company's press release on March 8, 2021, Sixty North Gold is pleased to report that a total of just over 500 tonnes of mining and support equipment and supplies have successfully been transported to the property over the past four weeks. This was completed on a 45 km winter road constructed from Highway #4 to the mine site, on time and on budget with a five-man crew working [...]
Sixty North Gold Mining Ltd. Further to the Company's press release on February 22, 2021, Sixty North Gold is pleased to report that it has closed a non-brokered private placement of an additional 2,220,000 units at an offering price of $0.055 per Unit to raise gross proceeds of $122,100.00 . Each Unit consisted of one common share , and one non-transferable share purchase warrant , with each Warrant being exercisable to [...]
Sixty North Gold Mining Ltd. Further to the Company's press release on December 7, 2020, Sixty North Gold reports that the previously announced unit private placement offering at $0.065 per unit will not be proceeding. The Company is pleased to report that it has closed a non-brokered private placement of 7,012,286 units at an offering price of $0.055 per Unit to raise gross proceeds of $385,675.73 . Each Unit consisted [...]
Sixty North Gold Mining Ltd. Winter Road reaches the Mon Property Sixty North Gold is pleased to announce that construction of the winter road to the Mon Property has made its first pass onto the mine site. The plan is for the ice to thicken and the portages to be groomed in preparation for the equipment and supply haul. The next week's forecast for high temperatures of minus 22o to minus 34o C and low temperatures to [...]
Sixty North Gold Mining Ltd. Winter Road Construction Commences Sixty North Gold is pleased to announce that construction of the winter road to the Mon Property has commenced. The southern portion of the road to Bluefish Lake owned and operated by the Northwest Territories Power Corporation is 19.5 km long and is a portion of our overall 45 km road. Dave Webb, President and CEO, states, "Installation of the winter road is [...]
