Sixty North Gold Mining Ltd · CSE:SXTY
Sixty North Gold Mining — Investor Presentation (March 2023)
24 slides from Sixty North Gold Mining's investor presentation, Mar 30, 2023
Slide 1: Mon Gold Property Near Yellowknife NWT
Mon Gold Property Near Yellowknife NWT Restarting High-grade Gold Mining at the Mon Gold Mine in the Yellowknife Greenstone Belt Presented by D.R. Webb, Ph.D., P.Geol., P.Eng. President and CEO 1
Slide 2: Forward-Looking Statements
` Sixty North Gold Mining Ltd. Is a British Columbia company (“the Company”). All statements There can be no assurance that forward-looking statements will prove to be in this presentation are made as at March 30, 2023. This presentation contains "forward- accurate, as actual results and future even
Slide 3: Yellowknife Greenstone Belt
Yellowknife Greenstone Belt Historical Gold Production Yellowknife hosts four past producing gold mines: • Con Mine commenced production 1936 at 100 tpd, produced 6 million ounces of gold at 0.5 opt • Giant Mine commenced production in 1948 at 235 tpd, produced 8 million 1` ounces of gold at 0.5 opt
Slide 4: Mon Gold Property
Mon Gold Property Discovered in 1937 1937 - Surface Trenches averaged 53 gpt gold over 1.9 m for 93 m of strike 1938 - Shaft and lateral development – no vein encountered* 1940’s – Diamond drilling all from the west-side 1` 1950’s – Diamond drilling (Discovery Mine Model) all from the west-side 1960
Slide 5: Yellowknife Analogues
Yellowknife Analogues • Con Mine Discovered in 1936 • Discovery Mine Discovered in 1944 – 1938 Mining and milling commenced at 100 tpd – 1949 Production commenced at 100 tpd – 1939 Production increased to 175 tpd – 1956 Production increases to 150 tpd – 1941 Production increases to 300 tpd*. – 1965
Slide 6: Sixty North Gold Mining Ltd's Mine Concept
Sixty North Gold Mining Ltd’s Mine Concept • 1,000 ounces of gold per vertical meter (historic production) • Total direct operating costs of CDN$ 400 per tonne (or per ounce at 1 opt) • 30,000 opy production (requires 30m of vertical development) • Gross revenue CDN$ 60 million per year at CDN$2,000
Slide 7: Sixty North Gold Mining Ltd's Mine Concept
Sixty North Gold Mining Ltd‘s Mine Concept • Capital Costs = CDN$ 8.0 million • Development Costs = CDN$ 47k per vertical meter (ramp) • Mining Costs = CDN$ 150 per tonne 1` • Milling Costs = CDN$ 100 per tonne processed (95% recovery) • General and Administrative Costs CDN$ 50 per tonne processed N
Slide 8: Development Plans: Bulk Sample
Sixty North Gold Mining Ltd‘s Development Plans STAGE 1 Bulk Sample Operating Costs • Domestic Support (camp, food, flights) $60,000 1` • Labour $900,000 • Consumables (fuel, explosives, maintenance) $300,000 • Regulatory $800,000 Approximately $2.0 million SIXTY NORTH GOLD MINING LTD. – CSE: SXTY –
Slide 9: Development Plans: Commence Processing
Sixty North Gold Mining Ltd‘s Development Plans STAGE 2 Commence processing • Acquire and Install Mill • Restock Fuel, Explosives, Parts 1` • Commence operations Budget: $2.0 million Gerry Hess Tabling Gold Concentrate SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 9
Slide 10: Mon Mine - 40 km from Yellowknife NWT
Mon Mine - 40 km from Yellowknife NWT Winter Road to Construction of Winter Road Portage on Winter Road Mon Mine to Mon Mine to Mon Mine 1` SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 10
Slide 11: Mon Mine - Layout and Facilities
Mon ` Mine - Layout and Facilities North Portal Tailings Camp 1` Portal cal Crown o r i st Pillar Hi ings l Kitchen Tai SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 11
Slide 12: Orthogonal View to the Northeast
Orthogonal View to the Northeast 10.02/0.9m 25.37/1.7m - X 89-14 15,00 0 tonn es @ 47.49/3.0m - 4.05/1.7m X 30 gpt 89-7 X X 61.38/1.2m - X 87-11 15.29/1.6m - X NDM-3 SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 12
Slide 13: Orthogonal View to the East
Orthogonal View to the East West Stope Mined 1990’s Developed in 2021 Planned Development SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 13
Slide 14: Orthogonal View to the North
Orthogonal View to the North East Stope Mined 1990’s Planned Development SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 14
Slide 15: Orthogonal View to the West
Orthogonal View to the West East Stope Mined 1990’s West Stope Mined 1990’s Developed in 2021 Planned Development SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 15
Slide 16: Historical Operations
Historical Operations Outcropping vein Camp Portal Tailings Mill High-grade Ore Previous 100 tpd Mill Gerry Hess Tabling Gold Concentrate SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 16
Slide 17: Investment Highlights
Investment Highlights Mon Gold Mine - permitted and close to production • Mon Gold is a high-grade past producing (1989–1997) gold mine, from which 15,000 oz. of gold was produced from 15,000 tons of ore. • Mon Gold Property is in the Yellowknife Gold Belt; past mining in this Belt exceeds 15 millio
Slide 18: Capital Structure and Trading
Capital Structure and Trading SXTY Trading: 1. CSE: SXTY 2. OTC-Pink: SXNTF 3. Frankfurt and Tradegate Exchange A2JKW2 4. Market Cap : $2.0 million CAD (2023-03-30) Shares, warrants and options 2023-03-30 issued Shares 21,589,546 Warrants 7,337,219 Options 895,000 Fully Diluted 29,821,765 Note: Mana
Slide 19: Regional Company Comparables
Regional Company Comparables 2023-02-13 Market Cap $CDN Goldmining GOLD.TO $246 m Gold Terra YGT.V $34.6 m Rover Metals ROVR.V $2.7 m Sixty North Gold SXTY $3.7 m SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 19
Slide 20: Board and Management
Board and Management Sixty North Gold Mining Ltd. • Dr. Dave R. Webb, B.A.Sc., M.Sc., Ph.D., • Tom MacNeill, CPA, CGA, CFA Chairman of the P.Geol., P.Eng., Director, President & Board CEO • Grant Block, CPA, CA, CMA, CPA • John Campbell, MBA, CFA, CPA; CFO (Nevada) Director • Ronald L. Handford, B.A
Slide 21: Key Operations Personnel
Key Operations Personnel Dr. Dave R. Webb, Ph.D., P.Geol., P.Eng. Rod McKay has over 40 years of experience, completed his M.Sc. Mine Manager - Mon Gold mine project, has worked as a and Ph.D. in Yellowknife. He discovered four gold project superintendent on numerous underground mining deposits in Y
Slide 22: Contact
Contact Dr. Dave R. Webb www.sixtynorthgold.com B.A.Sc., M.Sc., Ph.D., P.Geol., P.Eng. CSE: SXTY FRANKFURT: 2F4 President & CEO TRADEGATE: A2JKW2 Sixty North Gold Mining Ltd. OTC-PINK: SXNTF p: 604-818-1400 e: dave@drwgcl.com @SixtyNorthGold Sixty North Gold Mining Ltd. sixtynorthgold SIXTY NORTH GO
Slide 23: Appendix - photos
Appendix - photos 0 5 10 Kilometres Mon Gold Mine CANADA Mon Gold Mine Yellowknife NORTH WEST TERRITORIES BRITISH ALBERTA SASKATCHEWAN COLUMBIA Edmonton Saskatoon Calgary Regina Vancouver Dr. Dave Webb, SXTY President & CEO inspecting the Mon vein SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT
Slide 24: Appendix - photos
Appendix - photos 1` Aerial View Gold Button from Metallurgical Testing SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 24
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