08:16:38 EDT Wed 15 May 2024
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Sixty North Gold Mining Ltd (2)
Symbol SXTY
Shares Issued 27,643,837
Close 2023-08-17 C$ 0.105
Market Cap C$ 2,902,603
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Sixty North evacuates Mon due to fires

2023-08-17 11:27 ET - News Release

Mr. Dave Webb reports

SIXTY NORTH GOLD PROVIDES AN UPDATE ON THE MON PROPERTY, YELLOWKNIFE, NWT

Sixty North Gold Mining Ltd. has provided an update on the Yellowknife, NWT, fire situation and its impact on the Mon property.

The NWT has been experiencing a devastating wildfire season with many communities and properties under evacuation orders. The 114,000-hectare ZF015-23 fire west of Yellowknife, the 9,000-hectare ZF012-23 fire north of Yellowknife and the 24,000-hectare ZF011-23 fire northeast of Yellowknife are all still out of control. As of Aug. 16, Yellowknife and surrounding communities have been placed on evacuation orders.

Dr. Webb was in Yellowknife recently and departed the Mon property Aug. 11, 2023, when the fire was less than three kilometres (km) from camp. The camp has been emptied of staff and the watchman who had moved earlier to a nearby camp on an island on Sito Lake has been evacuated to Yellowknife. A satellite image from Aug. 15, 2023, shows the ZF012-23 fire has gone through the Mon camp. The company has contacted its insurance company to advise them of a potential claim. With Yellowknife and the NWT having states of emergencies declared, and other priorities for aircraft, it is not be possible to visit the Mon project at this time to assess potential damage.

About Sixty North Gold Mining Ltd.

Sixty North is developing mining operations for gold on the Mon gold property, 40 km 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.

We seek Safe Harbor.

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