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Sixty North Gold Mining ( (TSE:SXTY) ) has provided an update.
Sixty North Gold Mining Ltd. has announced plans to commence drilling on several Volcanogenic Massive Sulphide (VMS) targets at its Mon Gold Property this winter. These targets were identified through recent geological, geochemical, and geophysical surveys. The drilling aims to explore the potential of these VMS targets, which are considered highly promising due to their similarity to the renowned Hacket River VMS deposits, known for substantial reserves of silver, zinc, and other valuable minerals. This initiative could significantly enhance Sixty North Gold’s operational prospects and strengthen its position within the mining industry.
More about Sixty North Gold Mining
Sixty North Gold Mining Ltd. operates in the mining industry, focusing on exploration and development of mineral properties. The company is primarily involved in the extraction of precious metals and is actively exploring its wholly-owned Mon Gold Property in Yellowknife, NWT.
YTD Price Performance: 21.67%
Average Trading Volume: 9,285
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.37M
Find detailed analytics on SXTY stock on TipRanks’ Stock Analysis page.
