Sixty North Gold Mining Update on Mining Operations at Its Wholly-Owned Mon Gold Mine, Yellowknife, NWT
Sixty North Gold Mining (CSE: SXTY) has provided an update on its mining operations at the Mon Gold Mine in Yellowknife, NWT Canada. The company has received a second batch of assays from the recently developed A-Zone East Limb, with chip assays ranging from 62 gpt over 0.3 m to <0.05 gpt over 1 m. In 2024, the company continued mining, reopened the Main Ramp, and completed a cross cut exposing the East and West Limbs of the A-Zone.
A new vein, the DD-Zone, was discovered 45 m below surface. The company mined for 44 days in 2024, with no lost time accidents. Approximately 250 tonnes of development muck from the east limb of the A-Zone have been stockpiled. The company plans to install a permitted 100 tpd mill and relevant infrastructure to restart processing on site.
Sixty North Gold Mining (CSE: SXTY) ha fornito un aggiornamento sulle sue operazioni minerarie presso la Mon Gold Mine a Yellowknife, NWT Canada. L'azienda ha ricevuto un secondo lotto di analisi provenienti dal recentemente sviluppato A-Zone East Limb, con analisi che variano da 62 gpt su 0,3 m a <0,05 gpt su 1 m. Nel 2024, l'azienda ha continuato le attività estrattive, riaperto la Main Ramp e completato un taglio trasversale che espone i Limbs Est e Ovest della A-Zone.
È stata scoperta una nuova vena, la DD-Zone, a 45 m di profondità. L'azienda ha lavorato per 44 giorni nel 2024, senza incidenti di tempo perso. Circa 250 tonnellate di materiale di sviluppo dall'estremo della A-Zone sono state accantonate. L'azienda prevede di installare un mulino autorizzato da 100 tpd e le relative infrastrutture per riavviare il processo in loco.
Sixty North Gold Mining (CSE: SXTY) ha proporcionado una actualización sobre sus operaciones mineras en la Mon Gold Mine en Yellowknife, NWT Canadá. La empresa ha recibido un segundo lote de análisis de la recientemente desarrollada A-Zone East Limb, con ensayos de chip que varían de 62 gpt sobre 0.3 m a <0.05 gpt sobre 1 m. En 2024, la empresa continuó con la minería, reabrió la Main Ramp y completó un corte transversal que expone los Limbs Este y Oeste de la A-Zone.
Se descubrió un nuevo filón, la DD-Zone, a 45 m bajo la superficie. La empresa extrajo durante 44 días en 2024, sin accidentes que causaran pérdida de tiempo. Aproximadamente 250 toneladas de material de desarrollo del extremo este de la A-Zone han sido almacenadas. La empresa planea instalar un molino autorizado de 100 tpd y la infraestructura relevante para reiniciar el procesamiento en el sitio.
Sixty North Gold Mining (CSE: SXTY)는 캐나다 NWT의 Yellowknife에 있는 Mon Gold Mine의 광산 작업에 대한 업데이트를 제공했습니다. 이 회사는 최근 개발된 A-Zone East Limb에서 두 번째 배치의 시료 분석 결과를 받았으며, 시료 분석 결과는 0.3m에서 62 gpt에서 1m에서 <0.05 gpt까지 다양합니다. 2024년에는 회사가 광산 작업을 계속하고 Main Ramp를 재개장했으며, A-Zone의 동쪽 및 서쪽 림을 드러내는 교차 절개를 완료했습니다.
새로운 광맥인 DD-Zone이 지표 아래 45m에서 발견되었습니다. 이 회사는 2024년 동안 44일 동안 채굴 작업을 시행했으며, 지체된 사고는 없었습니다. A-Zone의 동쪽 림에서 약 250톤의 개발 자재가 적치되었습니다. 이 회사는 현장에서 가공을 재개하기 위해 허가받은 100 tpd의 제분소와 관련 인프라를 설치할 계획입니다.
Sixty North Gold Mining (CSE: SXTY) a fourni une mise à jour sur ses opérations minières à la Mon Gold Mine à Yellowknife, NWT Canada. L'entreprise a reçu un deuxième lot d'analyses provenant du récent A-Zone East Limb, avec des analyses variant de 62 gpt sur 0,3 m à <0,05 gpt sur 1 m. En 2024, l'entreprise a poursuivi l'exploitation minière, a rouvert la Main Ramp et a terminé une coupe transversale exposant les Limbs Est et Ouest de l'A-Zone.
Une nouvelle veine, la DD-Zone, a été découverte à 45 m sous la surface. L'entreprise a extrait pendant 44 jours en 2024, sans accidents ayant entraîné une perte de temps. Environ 250 tonnes de boue de développement provenant de la branche est de l'A-Zone ont été stockées. L'entreprise prévoit d'installer un moulin autorisé de 100 tpd et l'infrastructure pertinente pour redémarrer le traitement sur site.
Sixty North Gold Mining (CSE: SXTY) hat ein Update zu seinen Bergbauoperationen in der Mon Gold Mine in Yellowknife, NWT Kanada, bereitgestellt. Das Unternehmen hat eine zweite Charge von Analysen aus dem kürzlich entwickelten A-Zone East Limb erhalten, wobei die Gesteinsproben zwischen 62 gpt über 0,3 m und <0,05 gpt über 1 m variieren. Im Jahr 2024 setzte das Unternehmen den Abbau fort, öffnete die Main Ramp erneut und schloss einen Querschnitt ab, der die östlichen und westlichen Schenkel der A-Zone freilegt.
Ein neuer Gang, die DD-Zone, wurde 45 m unter der Oberfläche entdeckt. Das Unternehmen hat im Jahr 2024 insgesamt 44 Tage abgebaut, ohne Unfälle mit Arbeitsausfällen. Etwa 250 Tonnen Entwicklungsabfall aus dem östlichen Schenkel der A-Zone wurden gelagert. Das Unternehmen plant, eine genehmigte 100 tpd-Mühle und die entsprechende Infrastruktur zu installieren, um die Verarbeitung vor Ort wieder aufzunehmen.
- Discovery of a new vein (DD-Zone) with average grade of 17.24 gpt from seven samples
- Successful mining operations with no lost time accidents
- Completion of mining goals, exposing rich gold-bearing veins
- Plans to install a 100 tpd mill for on-site processing
- Lower than expected grades (3.56 gpt) from the East Limb of the A-Zone
- Mining operations suspended for the season
Vancouver, British Columbia--(Newsfile Corp. - October 16, 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 second batch of assays from the recently developed A-Zone East Limb at its
| Sample | Vein | Description | Width (m) | Gold (gpt) | SG |
| J089418 | EVN | Qtz with | 1 | 0.08 | 2.80 |
| J089419 | EVN | Qtz with | 1 | 3.56 | 2.82 |
| J089420 | EVS | Qtz with | 0.3 | <.05 | 2.78 |
po=pyrrhotite, py=pyrite, sph=sphalerite, gal=galena. EVN=East Vein North, EVS = East Vein South.
This year the Company continued mining, reopened the Main Ramp to elevation 211 m AMSL, and completed a cross cut at 212 m AMSL exposing the East and West Limbs of the A-Zone 9 and 16.5 m below the historic East and West Stopes. A new vein, the DD-Zone, was encountered in the Main Ramp 45 m below surface. Approximately 250 tonnes of development muck from the east limb of the A-Zone have been stockpiled.
Mon Gold Mine 2024 Development Plan View
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5873/226761_67724cb0f4adfbb5_001full.jpg
In 2024 a temporary 17-man tent camp with kitchen and dining, and wash facilities on the property was installed, replacing the trailer camp that had been lost to the wildfires in 2023. The burned camp was cleaned up, salvageable materials were separated and the waste material was consolidated for removal. Two geotechnical holes were drilled and thermistors were installed. Water samples were collected in compliance with our operating permits.
Sixty North Gold mined a total of 44 days of mining in 2024 with two shifts per day for the initial 27 days. In the last 12 days of operations, a single crew advanced the 970XCE to the East Limb of the A-Zone a total of 27 m, bolting and hanging services, moving an estimated 55 tonnes per shift. There were no lost time accidents during operations in 2024.
Dr. Dave Webb, Ph.D., P.Eng., P.Geol., President & CEO, Director stated "We accomplished all of our goals in 2024, exposing rich gold-bearing veins above our sill elevation. Mining and camp operations have been suspended for the season. A bulk sample of the A-Zone allows for immediate extraction of the vein. Previous operations extracted 1,000 tonnes of ore per vertical meter grading 30 gpt from the A-Zone, to a depth of 15 metres below surface totaling 15,000 tonnes (Webb, 2023). Our costs came in as budgeted with direct development costs, including camp operation and flights, coming in at
"The DD Zone 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 DD-Zone was not mined historically.
"The West Limb of the A-Zone is exposed 16.5 m below the historic West Stope that produced 12,000 tonnes grading an estimated 30 gpt. The East Limb of the A-Zone is exposed 9 m below the historic East Stope that produced 2,085 tonnes grading an estimated 25.6 gpt returned lower than expected grades at 3.56 gpt from the 1 m wide exposure of the vein on the north-side of the 970XCE. This is not unexpected.
"The successful completion of this phase supports the company's planned acquisition and installation of the permitted 100 tpd mill and relevant infrastructure to restart processing on site."
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. Check assays by metallic screening techniques (FA450) confirmed the analysis. One Certified Reference Standard was submitted in the sample stream and returned acceptable results.
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/226761
FAQ
What were the assay results from the A-Zone East Limb at the Mon Gold Mine?
How many days did Sixty North Gold Mining (SXNTF) operate in 2024?
What new discovery was made at the Mon Gold Mine in 2024?
What are Sixty North Gold Mining's (SXNTF) plans for processing at the Mon Gold Mine?
