Sixty North Gold Updates Its Drilling Plans on the Wholly-Owned Mon Gold Property, Yellowknife, NWT
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) has announced plans to drill test several Volcanogenic Massive Sulphide (VMS) targets on its wholly-owned Mon Gold Property this winter. The targets were identified through recent geological, geochemical, and geophysical surveys.
The property features significant geological structures including an 8m thick massive sulphide unit within the Mac Tuff. Notable findings include Anomaly C with samples grading 1.0 gpt gold, 203 gpt silver, 0.59% lead and 0.96% zinc over 0.45m, and Anomalies D, E, F, and G showing various levels of conductivity up to >500,000 S/m.
The company draws comparisons to other significant deposits in the region, such as the Hacket River VMS deposits and the Sunrise Lake deposit, highlighting the potential of the area for substantial mineral resources.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha annunciato piani per testare diversi obiettivi di Sulfuri Volcanogenici Massivi (VMS) sulla sua proprietà Mon Gold interamente di proprietà questo inverno. Gli obiettivi sono stati identificati attraverso recenti indagini geologiche, geochimiche e geofisiche.
La proprietà presenta significative strutture geologiche, inclusa un'unità di solfuri massivi spessa 8 m all'interno del Mac Tuff. Tra le scoperte degne di nota c'è Anomaly C con campioni che mostrano 1,0 gpt di oro, 203 gpt di argento, 0,59% di piombo e 0,96% di zinco su 0,45 m, e Anomalies D, E, F, e G che mostrano vari livelli di conducibilità fino a >500.000 S/m.
L'azienda fa confronti con altri depositi significativi nella regione, come i depositi VMS del fiume Hacket e il deposito di Sunrise Lake, sottolineando il potenziale dell'area per risorse minerarie sostanziali.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) ha anunciado planes para probar varios objetivos de Sulfuro Masivo Volcanogénico (VMS) en su propiedad Mon Gold, de propiedad total, este invierno. Los objetivos fueron identificados a través de recientes encuestas geológicas, geoquímicas y geofísicas.
La propiedad presenta estructuras geológicas significativas, incluyendo una unidad de sulfuro masivo de 8 m de grosor dentro del Mac Tuff. Hallazgos notables incluyen Anomaly C con muestras que presentan 1,0 gpt de oro, 203 gpt de plata, 0,59% de plomo y 0,96% de zinc sobre 0,45 m, y Anomalies D, E, F, y G que muestran varios niveles de conductividad de hasta >500,000 S/m.
La empresa compara estos depósitos con otros significativos en la región, como los depósitos VMS del río Hacket y el depósito de Sunrise Lake, destacando el potencial de la zona para recursos minerales sustanciales.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF)는 이번 겨울 소유한 Mon Gold 자산에서 여러 가지 화산 기원 대량 황화물(VMS) 타겟을 시추할 계획을 발표했습니다. 이 타겟들은 최근 완료된 지질학적, 지구화학적, 지구물리적 조사로 식별되었습니다.
이 자산은 Mac Tuff 내에 8m 두께의 대량 황화물 유닛을 포함한 중요한 지질 구조를 특징으로 합니다. 주목할 만한 발견으로는 Anomaly C가 있으며, 샘플에서 1.0 gpt 금, 203 gpt 은, 0.59% 납 및 0.96% 아연이 0.45m 구간에서 나타났고, Anomalies D, E, F, 및 G는 500,000 S/m 이상의 다양한 전도도를 보이고 있습니다.
회사는 해킷 강 VMS 매장지 및 선라이즈 호수 매장지와 같은 지역의 다른 주요 매장지와 비교하며, 이 지역의 상당한 광물 자원 잠재력을 강조합니다.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) a annoncé des plans pour tester plusieurs cibles de sulfures massifs volcanogènes (VMS) sur sa propriété Mon Gold entièrement détenue cet hiver. Les cibles ont été identifiées grâce à des enquêtes géologiques, géochimiques et géophysiques récentes.
La propriété présente d'importantes structures géologiques, y compris une unité de sulfures massifs de 8 m d'épaisseur au sein du Mac Tuff. Parmi les découvertes notables, on trouve Anomaly C avec des échantillons affichant 1,0 gpt d'or, 203 gpt d'argent, 0,59 % de plomb et 0,96 % de zinc sur 0,45 m, et Anomalies D, E, F et G montrant divers niveaux de conductivité allant jusqu'à >500 000 S/m.
L'entreprise établit des comparaisons avec d'autres dépôts importants de la région, tels que les dépôts VMS de la rivière Hacket et le dépôt de Sunrise Lake, soulignant le potentiel de la zone pour des ressources minérales substantielles.
Sixty North Gold Mining (CSE: SXTY, OTC: SXNTF) hat Pläne bekannt gegeben, diesen Winter mehrere vulkanogene massive Sulfid (VMS) Ziele auf seinem vollständig im Besitz befindlichen Mon Gold Grundstück zu bohren. Die Ziele wurden durch aktuelle geologische, geochemische und geophysikalische Untersuchungen identifiziert.
Das Grundstück weist bedeutende geologische Strukturen auf, darunter eine 8 m dicke massive Sulfideinheit innerhalb des Mac Tuff. Bemerkenswerte Funde sind Anomaly C mit Proben, die 1,0 gpt Gold, 203 gpt Silber, 0,59 % Blei und 0,96 % Zink über 0,45 m aufweisen, sowie Anomalies D, E, F und G, die unterschiedliche Leitfähigkeitsstufen von über 500.000 S/m zeigen.
Das Unternehmen zieht Vergleiche zu anderen bedeutenden Lagerstätten in der Region, wie z. B. den VMS-Lagerstätten am Hacket River und dem Sunrise Lake-Lager, und hebt das Potenzial des Gebiets für substanzielle Mineralressourcen hervor.
- Company owns 100% of the Mon Gold Property
- Multiple VMS targets identified for winter drilling program
- High-grade samples from Anomaly C showing 203 gpt silver and 1.0 gpt gold
- Strong conductivity readings up to >500,000 S/m in multiple anomalies
- None.
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - 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 Volcanogenic Massive Sulphide (VMS) targets on its wholly-owned Mon Gold Property commencing this winter. These targets were derived from geological, geochemical and geophysical surveys completed over the property recently. A video presentation on our website presents most of this information and can be found here https://sixtynorthgold.com/investors/videos/.
VMS Video Cover Page
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The Archean Yellowknife Supergroup at this location includes a sequence of tholeiitic mafic volcanics overlain by a calc-alkalic volcanic package with inter-formational turbiditic sediments. These are overlain by an extensive turbidite sequence. Massive sulphide horizons occur in the area of the Mon Property where an 8 m thick massive sulphide unit is hosted within the Mac Tuff near the base of the calc alkaline volcanics. Anomaly C on the Mon Property occurs with this horizon 2 km to the north with trench samples grading 1.0 gpt gold, 203 gpt silver,
Dr. Webb, president, CEO of the company reports: "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/237314
FAQ
What are the drilling plans for Sixty North Gold (SXNTF) in winter 2025?
What are the sample grades from Anomaly C on SXNTF's Mon Gold Property?
How many VMS targets has SXNTF identified on the Mon Gold Property?
What is the thickness of the massive sulphide unit at SXNTF's Mon Property?
