Mr. Dave Webb reports

SIXTY NORTH GOLD ANNOUNCES EXTENSION OF WARRANTS

The board of directors of Sixty North Gold Mining Ltd. has approved an extension to March 15, 2023, of the expiry date of certain warrants to purchase up to:

• 14.02 million common shares of the company, exercisable at a price of 7.5 cents per share and previously expiring on Aug. 13, 2022;
• 3,410,546 common shares of the company, exercisable at a price of 10 cents per share and previously expiring on Nov. 23, 2022.

The warrants were issued to investors in connection with two separate private placements, which were completed by the company on Aug. 13, 2020, and Nov. 23, 2020, respectively. The extensions will become effective as of June 30, 2022.

About Sixty North Gold Mining Ltd.

The company is developing mining operations for gold on the Mon gold property, 40 kilometres north of Yellowknife, NWT. Past production extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold.

The Mon gold property consists of 11 contiguous mining leases and three mineral claims, comprising an aggregate 1,536.92 acres, located in the South MacKenzie mining district in the Northwest Territories. The company is commencing mining and milling the high-grade A zone in a manner similar to past operations. The Discovery mine, located 45 kilometres north of the Mon property, started at 100 tonnes per day and increased its production over 20 years to nearly 100,000 ounces per year, shutting down in 1969 (total production of one million ounces of gold). The Con mine, located 45 kilometres to the south commenced at 100 tonnes per day in 1938 and produced over six million ounces of gold. The company feels that the history of gold production in this belt supports its plans and designs.

We seek Safe Harbor.