Sixty North Gold completes winter road to Mon

Mar 2, 2026

2026-03-02 19:12 ET – News Release

Dr. Dave Webb reports

SIXTY NORTH GOLD CREWS AND EQUIPMENT MOBILIZED TO MON GOLD MINE, NWT

Sixty North Gold Mining Ltd. has provided an update on its plan to commence gold production this year on its wholly owned Mon gold mine, Yellowknife, NWT.

Construction of the entire length of the company’s winter road from Highway 4, 20 kilometres east of Yellowknife to its mine site has been completed, and ice thicknesses are increasing quickly with late February temperatures of between minus 20 and minus 41 C. Maintenance of the road by clearing snow and flooding portages will continue. Crews are mobilizing to site to commence moving equipment onto the property.

The company’s mill shipment from China is expected to arrive at Deltaport in the greater Vancouver area on March 6, 2026, for further transshipment by rail to Edmonton and truck to Yellowknife, NWT, and the mine. Sixty North Gold plans to start assembly of the mill in late April with initial commissioning of the mill planned in late June or early July. The company plans to operate this 100-tonne-per-day mill 24-seven, treating material extracted from the second level of the A-zone vein below the historic stopes. The DD-zone will be evaluated for potential stope development, and the company plans to extend the main ramp to the third level to establish another mining site.

Dr. Dave Webb, president and chief executive officer, reported: “We are excited to re-establish gold mining in this historic camp at a time the existing diamond mines are closing. The government and first nations have been very supportive of responsible development.”

Since the fiscal year ended Oct. 31, 2025, 1,475,000 common shares were issued following the exercise of warrants for gross proceeds of $156,750.

About Sixty North Gold Mining Ltd.

Sixty North Gold is developing mining operations for gold on its 100-per-cent-owned Mon gold project. Mining in the 1990s extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold in the 1990s (company technical report National Instrument 43-101, Aug. 3, 2023, on SEDAR+). Recently, underground development has intersected the productive A-zone 17 metres below the historic stopes, as well as a newly identified zone, the DD-zone in the main ramp. The company plans to develop and mine stopes in the East limb, West limb and DD zone and to extend the ramp to allow for the development of deeper levels.

The silver-rich volcanogenic massive sulphide deposits and the critical-element-enriched iron oxide copper/gold-style mineralization will be explored and developed as warranted.

The Yellowknife gold camp hosts two mines that averaged 30 grams per tonne gold or better (Discovery mine with one million ounces of gold produced, and Sixty North Gold’s Mon mine), and two that averaged 15 g/t or better for a total production of over 14 million ounces of gold (Con mine and Giant mine) (refer to company technical report NI 43-101, Aug. 3, 2023). The Yellowknife gold belt is a historic gold producer and hosts the people and experience to bring this Archean gold belt back to life.

The technical content of this release has been reviewed and approved by Dr. D.R. Webb, PGeol, PEng, president and chief executive officer of Sixty North Gold.

We seek Safe Harbor.

https://sixtynorthgold.com/