5 May 2025
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") announces the first drilling results in its Volcanogenic Massive Sulphide ("VMS") drill program. The Company has successfully tested one of the six targets identified from the VTEM Plus © geophysical survey and subsequent analysis of that data by Mira Geosciences ("Mira").
Dr. Dave Webb, CEO, states, "We are pleased that the first two drill holes have identified massive and semi-massive sulphide horizons in the first of six targets to be tested. Drilling was suspended early due to warmer weather making our snowmobile trails inaccessible.
"Assays reveal this horizon to be composed primarily of iron sulphides with limited but continuous enrichment of precious metals at subeconomic levels. No significant base metal enrichment was encountered. The upper conductor we tested is now interpreted to be the iron-rich cap-rock of the VMS system. We are now confident that we are in a VMS system and that geophysics correctly identifies where the lenses are located. The Company can now focus on the lower horizon to determine if these conductors carry grade similar to that found in the 5656 Zone along strike to the north or the Likely or Homer Lake Deposits to the south. We believe the lower conductor represents the best target for further work."
Webb further reports that, "We have six targets we plan on testing, with the lower horizon conductors now being the highest priority as they are on strike and within the same horizon as the well-mineralized 5656 Zone. The attached Figure 1 shows our planned drill program. Our first hole at Location A was setup on lake ice to test the lower horizon, but upon completion of set-up, significant and unexpected water overflowed the ice forcing a rapid demobilization from this target and onto the Set up B that had been prepared for drilling. The two holes completed were from Location B. Additional drill holes are planned on the lower horizon."