Sixty North Gold Mining Reports Initial Assays Return High-Grade Gold Values up to 62.6 gpt from the A-Zone and DD-Zone
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has reported high-grade gold assays from its Mon Gold Property. The newly discovered DD-Zone returned an average of 17.24 gpt gold from seven samples, with values up to 62.6 gpt gold over 0.3m. The DD-Zone is exposed over 17m in the Main Ramp, averaging 2.0m in width.
The West Limb of the A-Zone returned 5.5 gpt gold over 0.3m, while assays for the East Limb are pending. The company has stockpiled 250 tonnes of mineralized material and plans to install a 100 tpd mill to restart on-site processing in 2025.
These results support Sixty North Gold's goal of developing mining operations at the Mon Gold Property, which is part of the Yellowknife gold camp that has historically produced over 14 million ounces of gold.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha riportato risultati promettenti di oro di alta qualità dalla sua Mon Gold Property. La recentemente scoperta DD-Zone ha restituito una media di 17.24 gpt oro da sette campioni, con valori fino a 62.6 gpt oro su 0.3m. La DD-Zone è esposta per oltre 17m nella Main Ramp, con una larghezza media di 2.0m.
Il West Limb dell'A-Zone ha riportato 5.5 gpt oro su 0.3m, mentre i risultati per l'East Limb sono in attesa. L'azienda ha accumulato 250 tonnellate di materiale mineralizzato e prevede di installare un 100 tpd mill per riavviare il processo sul sito nel 2025.
Questi risultati supportano l'obiettivo di Sixty North Gold di sviluppare operazioni minerarie presso la Mon Gold Property, che fa parte del campo d'oro di Yellowknife, noto per aver storicamente prodotto oltre 14 milioni di once d'oro.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha reportado ensayos de oro de alta ley en su Propiedad Mon Gold. La recién descubierta DD-Zone retornó un promedio de 17.24 gpt oro de siete muestras, con valores de hasta 62.6 gpt oro sobre 0.3m. La DD-Zone está expuesta a lo largo de 17m en la Main Ramp, promediando 2.0m de ancho.
El West Limb de la A-Zone retornó 5.5 gpt oro sobre 0.3m, mientras que los ensayos para el East Limb están pendientes. La empresa ha acumulado 250 toneladas de material mineralizado y planea instalar un 100 tpd mill para reiniciar el procesamiento en el sitio en 2025.
Estos resultados respaldan el objetivo de Sixty North Gold de desarrollar operaciones mineras en la Propiedad Mon Gold, que forma parte del campo de oro de Yellowknife, que ha producido históricamente más de 14 millones de onzas de oro.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF)는 Mon Gold Property에서 고품질 금 샘플을 보고했습니다. 새로 발견된 DD-Zone에서는 일곱 개 샘플에서 평균 17.24 gpt 금이 발견되었으며, 0.3m에서 최대 62.6 gpt 금의 값이 나왔습니다. DD-Zone은 Main Ramp에서 17m 이상 노출되어 있으며, 평균 너비는 2.0m입니다.
A-Zone의 West Limb에서는 0.3m에서 5.5 gpt 금이 돌아왔으며, East Limb에 대한 샘플 결과는 현재 대기 중입니다. 회사는 250톤의 광물화된 물질을 비축해 두었으며, 2025년에 현장에서 가공을 재개하기 위해 100 tpd 밀을 설치할 예정입니다.
이 결과들은 Sixty North Gold가 Mon Gold Property에서 광산 운영을 개발하려는 목표를 지원합니다. 이 부지는 역사적으로 1,400만 온스 이상의 금을 생산한 Yellowknife 금 캠프의 일부입니다.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) a rapporté des analyses de haute qualité en or provenant de sa propriété Mon Gold. La nouvelle DD-Zone découverte a retourné une moyenne de 17.24 gpt d'or à partir de sept échantillons, avec des valeurs atteignant jusqu'à 62.6 gpt d'or sur 0.3m. La DD-Zone est exposée sur 17m dans le Main Ramp, avec une largeur moyenne de 2.0m.
Le West Limb de la A-Zone a retourné 5.5 gpt d'or sur 0.3m, tandis que les analyses pour le East Limb sont en attente. L'entreprise a stocké 250 tonnes de matériel minéralisé et prévoit d'installer un 100 tpd mill pour redémarrer le traitement sur site en 2025.
Ces résultats soutiennent l'objectif de Sixty North Gold de développer des opérations minières sur la propriété Mon Gold, qui fait partie du camp d'or de Yellowknife, ayant historiquement produit plus de 14 millions d'onces d'or.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) hat hochgradige Goldanalysen von seinem Mon Gold Grundstück gemeldet. Die neu entdeckte DD-Zone ergab im Durchschnitt 17.24 gpt Gold aus sieben Proben, mit Werten von bis zu 62.6 gpt Gold über 0.3m. Die DD-Zone ist über 17m im Main Ramp freigelegt und hat eine durchschnittliche Breite von 2.0m.
Der West Limb der A-Zone ergab 5.5 gpt Gold über 0.3m, während die Ergebnisse für den East Limb noch ausstehen. Das Unternehmen hat 250 Tonnen mineralisierte Materialien gelagert und plant, 2025 eine 100 tpd Mühle zu installieren, um die Verarbeitung vor Ort wieder aufzunehmen.
Diese Ergebnisse unterstützen das Ziel von Sixty North Gold, Bergbauaktivitäten auf dem Mon Gold Grundstück zu entwickeln, das Teil des Yellowknife Goldlagers ist, das historisch über 14 Millionen Unzen Gold produziert hat.
- High-grade gold assays reported, with DD-Zone averaging 17.24 gpt gold
- DD-Zone exposed over 17m in Main Ramp, averaging 2.0m in width
- 250 tonnes of mineralized material stockpiled
- Plans to install 100 tpd mill for on-site processing in 2025
- Mon Gold Property part of historically productive Yellowknife gold camp
- West Limb of A-Zone narrower than normal, requiring further testing
- East Limb assays still pending, creating uncertainty
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold")
Sixty North Gold Mining Ltd. has received the first batch of assays from the recently developed A-Zone West Limb and the parallel DD-Zone located 12 m to the west. A second set of samples of the East Limb of the A-Zone were submitted August 27 with results anticipated in late September.
The newly recognized DD Zone had seven samples collected with the results as shown below:
| Sample | Date | Zone | Details | Description | Gold gpt |
| J089401 | 2024-07-09 | DD Zone | muck | Quartz with pink alteration | 37.5 |
| J089402 | 2024-07-10 | DD Zone | 1.3m chp | Quartz with pink alteration | 6.3 |
| J089403 | 2024-07-13 | DD Zone | 30-32 (2m) chp | Edge qtz with pink alteration | <0.9 |
| J089404 | 2024-07-13 | DD Zone | 32-34 (2m) chp | Quartz with pink alteration | 9.7 |
| J089411 | 2024-07-22 | DD Zone | 970 XCE 1m chp | Quartz with pink alteration | <0.9 |
| J089413 | 2024-07-23 | DD Zone | 970 XCE 0.3m chp | Quartz with pink alteration vg | 62.6 |
| J089417 | 2024-07-24 | DD Zone | MR 1.5m chp | Quartz with pink alteration | <0.9 |
muck=composite grab sample from blasted rock.
chp = chip sample
The seven samples average 17.24 gpt gold and have an average measured SG of 2.83 gm/cc over sample widths of 0.3 to 2 m.
Figure 1. Fourteen metre slice of an inclined (
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The West Limb of the A Zone had a single sample collected across a 0.3 m width, grading 5.5 gpt.
Photo 1. August 2024 Main Ramp, south face showing 2 m wide pink alteration with quartz. DD-Zone.
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Photo 2. South-facing wall of 970XCE showing west limb A-Zone.
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The East Limb of the A-Zone has been encountered 32 m east of the West Limb where it exposed over 1 m in the 970 XCE. Samples have been collected and will be reported when they are received.
Photo 3. North-facing east limb of A-Zone. Hammer for scale.
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Dr. Dave Webb, Ph.D., P.Eng., P.Geol., President & CEO, Director stated, "We are very happy to have confirmed the location of the A-Zone quartz veins of a size and grade as to be economically interesting. Our plan was to expose these veins in preparation for the mining and milling planned for 2025. The discovery of the DD-Zone is an unexpected bonus. Additional sampling will refine these results.
The DD Zone has returned an average grade of 17.24 gpt from seven samples, ranging up to 62.6 gpt gold/0.3 m. It is exposed over 17 m in the Main Ramp where it averages 2.0 m in width. The face of the Main Ramp hosts the DD-Zone where it is 2 m wide on the west-side of the ramp. The West Limb of the A-Zone is narrower than normal and will be tested along strike to confirm widths and grades.
The East Limb of the A-Zone appears to be well mineralized with assays anticipated in late September.
A total of 250 tonnes of mineralized material has been placed on a separate pile. The successful completion of this phase will support the company's acquisition and installation of the permitted 100 tpd mill and relevant infrastructure to restart processing on site. Twelve vein samples were submitted for specific gravity analysis (SPG-04) returning an average of 2.83 gm/cc."
Samples were collected by D.R. Webb and delivered to Bureau Veritas Laboratories (BVI). All assays were completed by BVI, an independent certified laboratory using PRP70-250 preparation and fire assay (FA530-Au) analytical techniques. Two Certified Reference Standards, one at 9.43 gpt +/- 0.44 gpt gold and one blank at <0.01 gpt gold were submitted and returned acceptable results out of 15 submitted samples.
Dr. D.R. Webb, PhD., P.Geol., P.Eng is the Qualified Person and is responsible for the technical details in this release.
About the Company
The Company is developing mining operations for gold on its
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/222074
FAQ
What are the latest gold assay results for Sixty North Gold Mining (SXNTF)?
When does Sixty North Gold Mining (SXNTF) plan to restart processing at the Mon Gold Property?
How much mineralized material has Sixty North Gold Mining (SXNTF) stockpiled from recent development?
What was the gold grade reported for the West Limb of the A-Zone at Sixty North Gold Mining's (SXNTF) Mon Property?
