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Highlights
- New discoveries and geophysical surveys set the stage for an exciting drilling season at the Mon Gold Property.
- Focus on expanding known mineralization with targeted drilling of both gold and VMS targets.
Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to announce the commencement of its winter drilling program at the Mon Gold Property, located in the prolific Yellowknife Greenstone Belt. The program will target a number of exciting exploration targets, including both new gold vein systems and volcanogenic massive sulphide (VMS) zones with significant exploration potential.
Drill Target One: Mon Gold Mine – DD-Zone
The first target of the drilling program will focus on the DD-Zone, a newly discovered vein system located adjacent to the historically producing A-Zone. The DD-Zone was encountered during mining activities but has not been well understood. The zone is 2 meters wide and has shown promising results from historical mining muck and chip samples, including a muck sample that assayed 37.5 g/t gold from a 17-meter underground exposure, with chip samples ranging from nil to 62.6 g/t gold across 30 cm.
A six-hole surface drilling program is planned to test the DD-Zone up dip and along strike, with the goal of obtaining critical data to help develop the vein for further mining activities, such as raises and stoping areas. The results from this drilling will provide vital information for planning the future development of this zone.
Drill Target Two: VMS Targets
The second focus of the winter drilling program will be on four separate volcanogenic massive sulphide (VMS) targets located at the top of a thick mafic volcanic sequence. These VMS targets lie in a region where volcanism transitions to felsic and intermediate tuffs and pelites, creating favorable conditions for the formation of mineralized systems.
Geophysical surveys, including a high-resolution magnetic and electromagnetic geophysical survey (VTEMplus©), have identified strong conductors that indicate the presence of sulphide mineralization. The smallest and weakest of these targets coincides with a mixed pelite and felsic to intermediate volcanic horizon, which contains narrow massive to semi-massive sulphide intervals, including 45 cm of 203 g/t silver, 1.0 g/t gold, 0.56% lead, 0.96% zinc, and elevated levels of cobalt and antimony.
Recent geophysical surveys have traced these horizons to covered areas, where the host units thicken to up to 180 meters in width. Up to five strong conductors have been independently modeled, with lengths of 45 to 180 meters and thicknesses ranging from 16 to 36 meters. Three of these targets have associated magnetic anomalies, further indicating their potential for significant mineralization.
Looking Ahead:
The winter drilling program represents an exciting phase of exploration for Sixty North Gold Mining Ltd., with the Company targeting both the DD-Zone at Mon Gold and high-potential VMS zones within its land package. These drilling efforts will help unlock additional resources and further demonstrate the potential of the Mon Gold Property.
Sixty North Gold is committed to advancing its exploration and development activities at the Mon Gold Property, with the goal of expanding known mineralization and unlocking new opportunities for resource growth. The results of this winter drilling program are expected to have a significant impact on the Company’s ongoing development plans, positioning it for success in the coming months and years.
