Sixty North Gold Mining Ltd. . Further to the Company's press release dated October 21, 2019, the Company is pleased to announce that it has amended its agreement with New Discovery Mines Ltd. to earn a 100% interest in the past producing Mon Gold Property. The new agreement revises the milestones for the Company's right to earn up to a 100% interest in the Mon Gold Property, NWT, by incurring Expenditures of at least [...]
Further to the Company's press release dated October 7, 2019, Sixty North Gold Mining Ltd. is pleased to announce that it has entered into an amending agreement with New Discovery Mines Ltd. to revise the Company's right to earn an 80% interest in the Mon Gold Property, NWT, by incurring Expenditures of at least $6.0 million on the Mon Gold Property by December 31, 2020, which right has been revised to the following [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has received initial trench results from its fall trenching program on the Mon Gold Property, 40 km north of Yellowknife, NWT. The Company discovered six volcanogenic massive sulphide targets in 2018 by follow-up prospecting of biogeochemical anomalies. An airborne geophysical survey in 2019 confirmed conductive and magnetic anomalies identifying potential VMS [...]
Sixty North Gold Mining Ltd. is pleased to announce that it has entered into a non-binding letter of intent with New Discovery Mines Ltd. whereby it will appoint Dr. David Webb, Ph.D., P.Geol., P.Eng. as the President & Chief Executive Officer of the Company, and the Company's right to earn an 80% interest in the Mon Gold Property by incurring Expenditures of at least $6.0 million on the Mon Gold Property by December 31 [...]
Sixty North Gold Mining Ltd. is pleased to announce that New Discovery Mines Ltd., Project Manager, has successfully completed its trenching program on one of the recent volcanogenic massive sulphide discoveries on its Mon Gold Property. A total of six trenches over 120 metres were blasted into the 5656 zone that was discovered by prospectors following-up on a biogeochemical anomaly. Grab samples in this zone graded up to [...]
Sixty North Gold Mining Ltd. - is pleased to announce that it has arranged debt settlements with Messrs. N. John Campbell, Chairman and CFO, and Handford Management Inc. to settle the sums of $22,500 owed to each of them for accrued management consulting fees , to be paid by the issuance and delivery of a total of 600,000 common shares in the aggregate at a deemed value of $0.075 per share, plus GST. Resignation of Ian [...]
Sixty North Gold Mining Ltd. -Further to the Company's press releases on August 14 and August 27, 2019, Sixty North is pleased to announce that it has closed its non-brokered private placement of 6,360,000 units at $0.05 per Unit to raise gross proceeds of $318,000 . Each Unit consisted of one common share , and one non-transferable share purchase warrant exercisable to purchase one additional Share at an exercise price [...]
Sixty North Gold Mining Ltd. - Sixty North is pleased to announce that its non-brokered private placement of up to 5,000,000 units announced on August 14, 2019, has been over-subscribed and will be increased to 6,360,000 Units at a price of $0.05 per Unit for gross proceeds of $318,000 . Each Unit will consist of one common share of the Company and one share purchase warrant . Each whole Warrant will be exercisable to [...]
Sixty North Gold Mining Ltd. proposes to complete a non-brokered private placement of up to 5,000,000 units at an offering price of $0.05 per Unit, to raise gross proceeds of up to $250,000 . Each Unit will consist of one common share of the Company and one share purchase warrant . Each whole Warrant will be exercisable to acquire one additional common share at an exercise price of $0.10 per share for a period of two [...]
Sixty North Gold Mining Ltd. has granted incentive share options to the newly appointed CEO and to an advisor of the Company to purchase up to 500,000 common shares each. The options have an exercise price of $0.05 and are exercisable for a period of 5 years from the date of the grant. About the Company The Company is engaged in acquisition, exploration and development of mineral properties. Its principal target is the [...]
Sixty North Gold Mining Ltd. is pleased to announce that Gavin Kirk has been appointed as President, CEO and a Director of the Company, effective immediately. John Campbell, Chairman of the Board of Directors, reports, "Gavin Kirk's appointment is an exciting development for the Company. His extensive background and connections in the investment community will help us accelerate our fund-raising and operational programs [...]
Sixty North Gold Mining Ltd. is pleased to announce that Geotech Ltd. has completed a 135 km helicopter-borne VTEMTM Plus, time domain electromagnetic and horizontal magnetic gradiometer survey across the Mon Property. This system was selected to trace the outcropping Ag, Au, Pb, Zn enriched VMS-style mineralization recently discovered on the property . The final report is expected to take 4 to 6 weeks to complete [...]