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Sixty North Gold Mobilizes Drill Crews for New VMS Targets at Mon Gold Property

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Sixty North Gold Mobilizes Drill Crews for New VMS Targets at Mon Gold Property

Sixty North Gold Mining ( (TSE:SXTY) ) has provided an announcement.

Sixty North Gold Mining Ltd. has announced the mobilization of drill crews to test newly discovered precious metals-rich Volcanogenic Massive Sulphide (VMS) targets on its Mon Gold Property. These targets, identified through recent geological surveys, present significant opportunities for resource expansion, potentially enhancing the company’s operational scope and market positioning. The exploration of these VMS targets could have substantial implications for stakeholders, given the high-grade mineralization observed in nearby deposits.

More about Sixty North Gold Mining

Sixty North Gold Mining Ltd. is a mining company focused on developing gold mining operations on its wholly-owned Mon Gold Property, located 40 km north of Yellowknife, NWT. The company has a history of past production from the A Zone, extracting 15,000 tonnes at 30 gpt gold. The Yellowknife gold camp, where the property is situated, is known for its high-grade gold mines, with total production exceeding 14 million ounces of gold.

YTD Price Performance: 33.33%

Average Trading Volume: 10,755

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.58M

See more insights into SXTY stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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