Sixty North Gold Mining Ltd. (the ?Company? or ?Sixty North Gold?) provided an update on its wholly-owned Mon Property. Planned underground mining activities were not initiated this summer due to aggressive wildfires in proximity to the Mon Mine site.

Crews were on standby until late June when it became apparent that wildfires were rapidly approaching the mine site. The ZF012-23 wildfire swept through the property in August. Fortunately, all mining equipment, plus shops, generators, compressors, fuel tanks and explosives magazines survived untouched however, the camp and some ancillary pieces of equipment were damaged.

In September 2023 Dave Webb, CEO and an insurance adjuster visited the site to appraise the damage, documenting items for replacement and matching these against the company?s policy. The company is now preparing for a temporary camp to be installed to allow for a clean-up using the company?s mine truck, loaders and bulldozer, and to prepare the camp site for replacement units to come in. The company has examined and received proposals for five different camp alternatives and have provided this information to the insurance adjuster.

The company is planning to use the company?s temporary camp once the clean-up is complete for subsequent work until a replacement camp is brought in. Planned work includes a diamond drill program testing the company?s Volcanogenic Massive Sulphide (VMS) targets as discussed below. Sixty North Gold has been developing its 100%-owned Mon Gold Property within the rich Yellowknife Gold Camp, NWT.

This high-grade past producer averaged an estimated 30 gpt gold and produced an estimated 15,000 ounces of gold from a folded quartz vein from 15 vertical meters. Other targets on the property include the Nelson Lake VMS zone. This includes eight geophysical targets where outcropping stratiform sulphide mineralization was identified within favourable intermediate to felsic volcanic flows, tuffs and affiliated epiclastic rocks.

A VTEMTM plus (Versatile Time Domain Electromagnetic) survey outlines these zones well, and four targets have been further modeled by Mira Geosciences: North Target has disseminated, semi-massive and massive sulphides exposed on surface and in trenches over 120 meters of strike length and up to 1.0 meters in width. Trenches on this target grade up to 203 gpt silver, 1.0 gpt gold, 0.59% lead, and 0.96% zinc over 0.45 m. East Target is a strong conductor 250 m long and up to 24 m thick, topping 80 m below surface with a sequence of abundant quartz porphyry lavas, crystal and crystal-lithic tuffs and hypabyssal intrusions. A subtle magnetic anomaly is associated with this target.

West Target is a strong conductor without any associated magnetic anomaly, 200m long and up to 30 m thick located lower in the sequence within a mixed pelitic and felsic and intermediate volcanic rocks. South Target is a very strong conductor 175 m long with a very strongly conductive segment 60 m long and up to 30 m thick with a local magnetic anomaly associated with the unit. It is hosted within a sequence of mixed pelitic and felsic and intermediate volcanic rocks at the contact with an underlying sequence of quartz porphyry lavas, crystal, and crystal-lithic tuffs.

Drill permits are in place and work can commence after the temporary camp is installed and clean-up is completed.