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60 North Gold (CSE:SXTY) provides exploration update

Mining
CSE:SXTY
11 July 2022 10:45 (EDT)

Source: Sixty North Gold Mining Ltd.

60 North Gold (SXTY) is advancing work at its Mon Property, having commenced mapping and sampling at the new nickel and cobalt discovery.

More than 1.5 km of strike-length was mapped, while sampling confirms the gabbro, the upper and exposed part of an ore deposit or mineral vein, to be a very large hydrothermally altered intrusion. Assays are pending.

A prospector’s grab sample in 2021 returned greater than 1 per cent nickel, 0.18 per cent cobalt, and 0.429 gpt gold. Follow-up grab samples during the winter in early 2022 confirmed 0.31 per cent nickel, 0.022 per cent cobalt, 0.124 gpt gold plus very elevated platinum and palladium values.

60 North Gold (SXTY) is developing mining operations on the Mon Gold Property in Yellowknife Gold Belt District. The property’s processing mill is scheduled to be operational by next summer.

Sixty North Gold Mining Ltd. (SXTY) is trading steady at C$0.045 at 11:35 am ET.

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