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Reviving a High-Grade Gold Mine: CEO Clips with Sixty North Gold Mining - Investing News


Sixty North Gold Mining Ltd. is dedicated to reviving the high-grade Mon Mine, which was a productive mine in the past located 40 km north of Yellowknife, NWT, in the highly prolific Yellowknife Gold Camp. The Mon Mine extracted 15,000 ounces of gold from 15,000 tonnes of ore between 1989 and 1997. The company has acquired permits to explore, mine, and mill at 100 tpd.


Currently, Mon is the only gold project authorized for production in the NWT. The property also contains other high-value targets, including a recently discovered (in 2021-2022) nickel-cobalt-PGM zone, silver and gold-rich VMS targets, and a vast shear zone hosting gold mineralization. The shear zone's characteristics are similar to those of the world-renowned deposits at the Con and Giant Mines in Yellowknife, which produced 14 million oz of gold. The Mon Gold Property comprises 11 contiguous mining leases and three mineral claims, covering an area of 622 hectares, situated in the South MacKenzie Mining District, NWT.

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