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Be the first with the news that moves the market- Sixty North Gold Mining Ltd. (SXTY) has identified two multi-element anomalies on its Mon Gold Property in the Northwest Territories
- The company collected 18 grab samples between the Warne and Bear zones
- Several other magnetic anomalies within the same unit were not sampled due to coverings or logistical constraints
- CEO of Sixty North, David Webb, sat down with Daniella Atkinson to discuss the finer details of the drilling results
- Sixty North Gold Mining Ltd. (SXTY) opened trading at C$0.07 per share
Sixty North Gold Mining Ltd. (SXTY) has identified two multi-element anomalies on its Mon Gold Property in the Northwest Territories.
The company collected nine grab samples on the Wayne Zone along the strike of the known Discovery Outcrop and returned copper, cobalt, silver, and nickel mineralization. Rare earth elements were shown to be only slightly elevated.
The Bear Zone also tested nine grab samples which revealed gold, palladium, silver, copper, zinc, lead, and nickel mineralization. However, rare earth elements were not elevated in this zone.
Several other magnetic anomalies within the same unit were not sampled due to coverings or logistical constraints.
CEO of Sixty North, David Webb, sat down with Daniella Atkinson to discuss the finer details of the drilling results.
The company is developing mining operations for gold on the Mon Gold Property 40 kilometres north of Yellowknife. Past production on the property extracted 15,000 tonnes of ore to depths of only 15 metres below the surface. Sixty North recovered an estimated 15,000 ounces of gold from the ore.
Sixty North Gold Mining Ltd. (SXTY) opened trading at C$0.07 per share.
