Sixty North Gold Mining Plans Diamond Drilling on Its Wholly-Owned Mon Gold Property, Yellowknife, NWT
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has announced plans for diamond drilling at its wholly-owned Mon Gold Property. The program focuses on two main targets: The DD-Zone, a newly discovered 2m wide vein system adjacent to the past-producing A-Zone, which showed samples up to 62.6 gpt gold, and VMS targets, consisting of four separate volcanogenic massive sulphide locations.
The DD-Zone drilling will involve six holes to test the zone where previous muck samples showed 37.5 gpt gold. The VMS program targets areas with conductors ranging from 45 to 180m in length and 16 to 36m in thickness, with some showing associated magnetic anomalies. Previous samples from the area included intervals with 203 gpt silver, 1.0 gpt gold, 0.56% lead, and 0.96% zinc.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha annunciato piani per perforazioni con diamante nella sua proprietà Mon Gold, interamente di sua proprietà. Il programma si concentra su due obiettivi principali: La DD-Zone, un sistema di vene di 2 metri di larghezza recentemente scoperto, adiacente alla A-Zone, che ha mostrato campioni fino a 62,6 gpt di oro, e obiettivi VMS, composti da quattro diverse località di sulfuri massivi vulcanogenici.
Le perforazioni nella DD-Zone prevedono sei fori per testare la zona in cui campioni precedenti hanno mostrato 37,5 gpt di oro. Il programma VMS mira a aree con conduttori che vanno da 45 a 180 metri di lunghezza e da 16 a 36 metri di spessore, con alcuni che mostrano anomalie magnetiche associate. I campioni precedenti dell'area includevano intervalli con 203 gpt di argento, 1.0 gpt di oro, 0.56% di piombo e 0.96% di zinco.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha anunciado planes para perforaciones de diamante en su propiedad Mon Gold, de titularidad total. El programa se centra en dos objetivos principales: La DD-Zone, un sistema de venas de 2 metros de ancho descubierto recientemente, adyacente a la A-Zone, que mostró muestras de hasta 62.6 gpt de oro, y objetivos VMS, que consisten en cuatro ubicaciones separadas de sulfuros masivos volcanogénicos.
La perforación en la DD-Zone incluirá seis pozos para probar la zona donde las muestras de lodo anteriores mostraron 37.5 gpt de oro. El programa VMS apunta a áreas con conductores que varían de 45 a 180 metros de longitud y de 16 a 36 metros de espesor, con algunos que muestran anomalías magnéticas asociadas. Las muestras anteriores del área incluían intervalos con 203 gpt de plata, 1.0 gpt de oro, 0.56% de plomo y 0.96% de zinc.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF)는 전액 출자한 Mon Gold Property에서 다이아몬드 시추 계획을 발표했습니다. 이 프로그램은 두 가지 주요 목표에 초점을 맞추고 있습니다: DD-Zone, 과거 생산된 A-Zone에 인접한 새로 발견된 2m 너비의 광맥 시스템으로, 샘플에서 최대 62.6 gpt의 금이 나왔고, VMS 목표, 즉 네 개의 개별 화산 기원 대량 황화물 위치로 구성됩니다.
DD-Zone 시추는 이전의 머크 샘플에서 37.5 gpt의 금이 나타난 지역을 테스트하기 위해 여섯 개의 구멍을 포함할 것입니다. VMS 프로그램은 길이가 45m에서 180m, 두께가 16m에서 36m 범위의 전도체가 있는 지역을 목표로 하며, 일부는 관련 마그네틱 이상을 보여줍니다. 이 지역의 이전 샘플에는 203 gpt의 은, 1.0 gpt의 금, 0.56%의 납 및 0.96%의 아연이 포함되었습니다.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) a annoncé des plans pour des forages diamantés sur sa propriété Mon Gold, entièrement détenue. Le programme se concentre sur deux cibles principales : La DD-Zone, un système de veines de 2 m de large récemment découvert, adjacent à la zone A, qui a montré des échantillons allant jusqu'à 62,6 gpt d'or, et les cibles VMS, qui se composent de quatre sites de sulfures massifs volcanogènes séparés.
Le forage dans la DD-Zone impliquera six trous pour tester la zone où des échantillons de déblais précédents ont montré 37,5 gpt d'or. Le programme VMS vise des zones avec des conducteurs allant de 45 à 180 m de longueur et de 16 à 36 m d'épaisseur, certains présentant des anomalies magnétiques associées. Les échantillons précédents de la zone comprenaient des intervalles avec 203 gpt d'argent, 1,0 gpt d'or, 0,56 % de plomb et 0,96 % de zinc.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) hat Pläne für Diamantbohrungen auf ihrem vollverfügbaren Mon Gold Property angekündigt. Das Programm konzentriert sich auf zwei Hauptziele: Die DD-Zone, ein neu entdecktes 2m breites Adernsystem, das angrenzend zur früher produzierenden A-Zone liegt und Proben von bis zu 62,6 gpt Gold zeigte, sowie VMS-Ziele, die aus vier separaten vulkanogenen massiven Sulfidstandorten bestehen.
Die DD-Zonen-Bohrungen werden sechs Löcher umfassen, um das Gebiet zu testen, in dem frühere Muckproben 37,5 gpt Gold zeigten. Das VMS-Programm zielt auf Bereiche mit Leitern, die zwischen 45 und 180 Metern lang und 16 bis 36 Meter dick sind, wobei einige damit verbundene magnetische Anomalien zeigen. Frühere Proben aus dem Gebiet beinhalteten Intervalle mit 203 gpt Silber, 1,0 gpt Gold, 0,56% Blei und 0,96% Zink.
- New DD-Zone discovery shows high-grade gold samples up to 62.6 gpt
- VMS targets identified with significant size potential and precious metal content
- Previous sampling showed promising results with 203 gpt silver and 1.0 gpt gold
- DD-Zone's extent and continuity still not well understood
- Drilling program is still in planning phase with no guaranteed timeline
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold")
Sixty North Gold Mining Ltd. is planning to drill test a number of targets on its wholly-owned Mon Gold Property commencing this winter.
Drill Target One - Mon Gold Mine
The DD-Zone is a 2 m wide newly discovered vein system immediately adjacent to the past producing A-Zone. The DD-Zone was encountered during mining activities but is not well understood. A short, six-hole surface drilling program has been planned to test the zone up dip and along strike of the 17 m underground exposure that had 37.5 gpt gold from a muck sample collected during mining, and chip samples ranging from nil to 62.6 gpt gold across 30 cm. This will provide necessary information to develop raises and stoping areas in the vein.
Drill Target Two - VMS
This drill program will focus on four separate volcanogenic massive sulphide (VMS) targets at the top of a thick mafic volcanic sequence where volcanism gives way to felsic and intermediate tuffs and pelites. The smallest and weakest geophysical target coincides with a mixed pelite and felsic to intermediate volcanic horizon that contains narrow massive to semi-massive sulphide intervals including 45 cm of 203 gpt silver, 1.0 gpt gold,
Dr. Webb, president, CEO of the company reports "It is important to continue development of the Mon Gold Mine, and to add to the mineralization we can immediately start mining. The DD-Zone is a new discovery within our current mine that needs to be refined to allow for better development plans to be made.
"The VMS targets are very exciting and well defined. The Hacket River VMS deposits, within the Yellowknife Supracrustal rocks, are among the largest in the world with close to 100 million tonnes of reserves and resources grading better than 136 gpt silver, more than
Dave Webb Ph.D., P.Geol., P.Eng. is Qualified Person for the purposes of this release and has reviewed and approved its technical content."
About the Company
The Company is developing mining operations for gold on its
Other targets on the property include silver and gold-rich volcanogenic massive sulphide (VMS) targets, as well as shear zone-hosted gold mineralization.
For more information, please refer to the Company's public filings available on SEDAR+(www.sedarplus.ca), under the Company's profile.
ON BEHALF OF THE BOARD OF DIRECTORS
"Dave Webb"
Dave Webb, President & CEO
For further information, please contact:
Dave Webb
Tel.: 604 818-1400
Email: dave@drwgcl.com
Website: www.sixtynorthgold.com
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements." Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234422
FAQ
What are the gold grades discovered in the DD-Zone at Sixty North's Mon Gold Property (SXNTF)?
What are the dimensions of the VMS targets identified at Sixty North's Mon Gold Property?
What were the silver and base metal grades found in the VMS targets at SXNTF's Mon Property?
How many drill holes are planned for the DD-Zone at Sixty North's Mon Gold Property?
