Sixty North Gold Mining Ltd · CSE:SXTY

Sixty North Gold Mining — Investor Presentation (January 2025)

24 slides from Sixty North Gold Mining's investor presentation, January 2025

  1. 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 1

  2. Slide 2: Cautionary Statement

    Cautionary Statement 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 January 23 2023. This presentation contains "forward- accurate, as actual res

  3. Slide 3: 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

  4. Slide 4: 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 : $1.9 million CAD (2023-01-20) Shares, warrants and options 2023-01-20 issued Shares 21,589,546 Warrants 9,670,448 Options 1,140000 Fully Diluted 32,399,994 Note: Man

  5. Slide 5: Regional Company Comparables

    Regional Company Comparables Market Cap CDN Goldmining $291 m GOLD.TO Gold Terra $39.4 m YGT.V Rover Metals $3.27 m ROVR.V SXTY $1.75 m SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 5

  6. Slide 6: 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

  7. Slide 7: Mon Gold Property Discovered in 1937

    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

  8. Slide 8: 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

  9. Slide 9: 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

  10. Slide 10: 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 • Milling Costs = CDN$ 100 per tonne processed (95% 1` recovery) • General and Administrative Costs CDN$ 50 per tonne processed N

  11. Slide 11: 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 –

  12. Slide 12: 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 SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 12

  13. Slide 13: Directors and Management

    Directors and Management Sixty North Gold Mining Ltd. • John Campbell, MBA, CFA, CPA; • Andriyko Herchak, B.Comm., CPA, CA Chairman of the Board & CFO Director • Brian Malahoff, P.Geo., Director • Dr. Dave R. Webb, B.A.Sc., M.Sc., Ph.D., P.Geol., P.Eng., Director, President & CEO • Ronald L. Handfor

  14. Slide 14: Key Operations Personnel

    Key Operations Personnel Dr. Dave R. Webb, Ph.D., P.Geol., P.Eng. Rod McKay Mine Manager - Mon Gold mine project, has worked as a has over 40 years of experience, completed his M.Sc. project superintendent on numerous underground mining and Ph.D. in Yellowknife. He discovered four gold deposits in Y

  15. Slide 15: Contact

    Contact Dr. Dave R. Webb www.sixtynorthgold.com B.A.Sc., M.Sc., Ph.D., P.Geol., P.Eng. President & CEO CSE: SXTY Sixty North Gold Mining Ltd. FRANKFURT: 2F4 p: 604-818-1400 TRADEGATE: A2JKW2 OTC-PINK: SXNTF e: dave@drwgcl.com @SixtyNorthGold Sixty North Gold Mining Ltd. sixtynorthgold SIXTY NORTH GO

  16. Slide 16: Appendix - photos and mine graphics

    Appendix - photos and mine graphics 0 5 Kilometres 10 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

  17. Slide 17: 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 17

  18. Slide 18: Mon Gold Mine

    Mon Gold Mine 1` Aerial View Gold Button from Metallurgical Testing SIXTY NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF 18

  19. Slide 19: 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 19

  20. Slide 20: 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 20

  21. Slide 21: 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 21

  22. Slide 22: 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 22

  23. Slide 23: 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 23

  24. Slide 24: 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 24

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