Sixty North Gold Mining Ltd.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- David Ralph Webb
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 108 West Cordova Street Vancouver BC Canada V6B 0G5
- IPO Date
- Aug 7, 2018
- Website
- sixtynorthgold.com
- Similar Companies
- Business
- Sixty North Gold Mining Ltd. Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of mineral properties primarily focused on gold in Canada. The company develops its 100%-owned Mon Gold Property, located approximately 40 kilometers north of Yellowknife in the Northwest Territories within the prolific Yellowknife Greenstone Belt; this property comprises 13 contiguous mining leases totaling 494.28 hectares and one mineral claim adding 127.75 hectares in the South MacKenzie Mining District. It targets high-grade gold mineralization in the East Limb, West Limb, and DD Zone veins of the past-producing Mon Mine, which historically yielded 15,000 ounces of gold from 15,000 tonnes of ore at roughly one ounce per tonne between 1989 and 1997; additional exploration targets include a nickel-cobalt-PGM zone discovered in 2021-2022, silver- and gold-rich volcanogenic massive sulfide deposits, and giant shear zone-hosted gold similar to the world-class Con and Giant Mines. The company holds permits for exploration, mining, and milling at 100 tonnes per day, positioning the Mon as the only gold project permitted for production in the Northwest Territories; it plans to operate a gravity-flotation mill to process ore from developed stopes. Headquartered in Surrey, British Columbia, the company advances underground development via the North Ramp, reopened and extended 17 meters below historic stopes. Recent developments include signing a binding project financing commitment with Vesta Wealth Partners Ltd. on November 17, 2025, to restart operations at the high-grade Mon Gold Mine; closing the second and final tranche of a non-brokered unit offering for gross proceeds of $979,475.20 in November 2025 and the first tranche earlier that month to fund Mon property exploration and development; investing over $9 million since inception in mining equipment, camps, supplies, and advancing to the second level below historic stopes; and planning to commission the 100 tonnes per day mine and mill in summer 2026 to capitalize on record gold prices.
Sixty North Gold Updates Scheduled Development at Mon Gold Mine, NWT
Sixty North Gold Clears Another Hurdle to Production as Equipment Now Mobilized to Mon Gold Mine, NWT
Sixty North Gold Crews and Equipment Mobilized to Mon Gold Mine, NWT
Sixty North Gold Provides Update on Mon Gold Mine Logistics and Development
Sixty North Completes Non-Brokered $1,500,000 Unit Offering
Sixty North Gold to Close Non-Brokered $1,500,000 Unit Offering
Sixty North Gold Provides Project Update on Winter Road to Mon Gold Mine
Sixty North Gold Announces Non-Brokered $1,500,000 Unit Offering
Sixty North Gold Provides Project Update
Sixty North Gold Announces Two New Board Members and Option Grants
Sixty North Gold Closes Project Financing to Restart Operations at the High-Grade Mon Gold Mine
Sixty North Gold Announces Closing of Second Tranche of Unit Offering
Sixty North Gold Announces Project Financing to Restart Operations at the High-Grade Mon Gold Mine
Sixty North Gold to Close Second and Final Tranche of Unit Offering
Sixty North Gold Announces Closing of First Tranche of Unit Offering
Sixty North Gold Announces Purchasing 100 tpd Mill for Its Wholly-Owned Mon Gold Mine
Sixty North Gold Increases Size of Non-Brokered Unit Offering
Sixty North Gold to Close First Tranche of Non-Brokered $1,500,000 Unit Offering
Sixty North Gold Announces Debt Settlements
Sixty North Gold Announces Closing of Second and Final Tranche of Unit Offering