Sixty North Gold Completes First Tranche of Unit Offering to Boost Mon Gold Property Development

Sixty North Gold Mining ( (TSE:SXTY) ) has shared an update.

Sixty North Gold Mining Ltd. has successfully closed the first tranche of its unit offering, raising gross proceeds of $100,236. The funds will be used for further exploration and development of the Mon Gold Property and general working capital. This move is expected to enhance the company’s operational capabilities and strengthen its position in the gold mining industry.

More about Sixty North Gold Mining

Sixty North Gold Mining Ltd. is a mining company focused on developing gold mining operations at its 100%-owned Mon Gold Property, located 40 km north of Yellowknife, NWT. The property has a history of high-grade gold production and hosts additional precious-metals-rich targets for exploration.

YTD Price Performance: 33.33%

Average Trading Volume: 10,832

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.57M

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