Sixty North Gold Mining Announces $250,000 Private Placement for Mon Gold Property Development

Sixty North Gold Mining ( (TSE:SXTY) ) just unveiled an update.

Sixty North Gold Mining Ltd. has announced a non-brokered private placement to raise up to $250,000 through the issuance of units, each comprising a common share and a share purchase warrant. The funds will be allocated towards further exploration and development of the Mon Gold Property and general working capital. This move is expected to support the company’s ongoing efforts to expand its mining operations and strengthen its position in the gold mining industry.

More about Sixty North Gold Mining

Sixty North Gold Mining Ltd. is focused on developing gold mining operations at its 100%-owned Mon Gold Property, located 40 km north of Yellowknife, NWT. The company has a history of extracting high-grade gold from this site and is exploring additional precious metals-rich VMS showings and geophysical targets.

YTD Price Performance: 33.33%

Average Trading Volume: 10,755

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.58M

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