Sixty North Gold Mining Ltd · CSE:SXTY
Sixty North Gold Mining — Investor Presentation (November 2022)
26 slides from Sixty North Gold Mining's investor presentation, Nov 14, 2022
Slide 1: High-Grade Gold Mining: Restarting a Past Producing Gold Mine
Mon Gold Property near Yellowknife, NWT, Canada High-Grade Gold Mining: Restarting a Past Producing Gold Mine
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 accurate, as in this presentation are made as November 14, 2022. This presentation contains "forward- actual resu
Slide 3: Mon Gold Property
Mon Gold Property • Mon Gold Property is a high-grade past producing • Mining equipment and camp on site. (1989–1997) gold mine, from which 15,000 oz. of gold • Shear Zone hosted gold deposits (similar to Con and was produced from 15,000 tons of ore. Giant Mines) have been identified on the property
Slide 4: Yellowknife Gold Belt, Mines and Regional Exploration
Yellowknife Gold Belt, Mines and Regional Exploration • The Yellowknife Gold Belt extends in a north-south direction for over 100 km. • The Con Mine (pp 6 million ounces at 16 gpt) and the Giant Mine (pp 8 million ounces at 16 gpt) are hosted in large shear zones • The Discovery Mine (pp 1 million o
Slide 5: Capital Structure
Capital Structure • SXTY is trading at the CSE Canadian Securities Exchange under the Symbol: SXTY • also trading at OTC-Pink USA under the Symbol: SXNTF • in Germany at Frankfurt and Tradegate Exchange under the Symbol: A2JKW2 • Market Cap : $3.5 million CAD (2022-11-14) 2022-11-14 Shares, warrants
Slide 6: Directors and Management
Directors and Management Sixty North Gold Mining Ltd. New Discovery Mines Ltd. (Project Manager) • John Campbell, MBA, CFA, CPA; • Dr. Dave R. Webb, B.A.Sc., M.Sc., Ph.D., Chairman of the Board & CFO P.Geol., P.Eng., Director • Dr. Dave R. Webb, B.A.Sc., M.Sc., Ph.D., • Gerry V. Hess, President P.Ge
Slide 7: 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 Mine Manager - Mon Gold mine project, has worked as a M.Sc. and Ph.D. in Yellowknife. He discovered project superintendent on numerous underground four gold deposits in Yellowkn
Slide 8: Planned Dates for A-Zone Key Operational and Corporate Milestones 2023 - 2024
Planned Dates for A-Zone Key Operational and Corporate Milestones 2023 - 2024 Q1 - Q2 2023 • Expand the underground development from 213 m AMSL to elevation 177 m AMSL to open up an expected 30,000 tonnes of vein below the previous stopes • Initiate preliminary work to develop the next level below t
Slide 9: Planned Restart of Operations
Planned Restart of Operations View northwest View southeast Three dimensional representation of the A-Zone (gold) with drill hole traces (dark grey), planned development 2022 and beyond (green), with existing workings (purple and blue) 6/7/2022 | 60 NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F
Slide 10: Investing in Junior Mining Companies
Investing in Junior Mining Companies Exploration Production Takeovers from advanced explorers and producers Takeovers of producers are currently high: will increase significantly in the next few years. Valuation based upon NI 43-101 Resource/Reserve Company Ounces Reserve/ Value/Oz Company Ounces Re
Slide 11: Why not Explore?
Why not Explore? Plan A. Plan B. • Exploration target must be within the • Mineable target must have >30,000 oz target range for an acquisition (>1 of high-grade and potentially profitable million ounces). material. • Represents a minimum of 15 million • Accessible within 20 m of surface. tonnes at
Slide 12: History of the Yellowknife Producers
History of the Yellowknife Producers • 1936, Con, Negus, Rycon Mines Discovered • 1937 Mon Gold Mine Discovered • 1938 Con Mine starts at 100 tpd • 1939 Negus Mines Starts at 100 tpd • 1944 Giant Mine Discovered • 1947 Discovery Mine Discovered • 1948 Giant Mine starts at 235 tpd • 1948 Discovery Mi
Slide 13: Yellowknife Producers Mine Depths
Yellowknife Producers Mine Depths Mon Gold Mine 15 m Con Mine 1,900 m Discovery Mine 1,220 m Typical Yellowknife gold belt mine depths: substantial potential for Mon Gold 6/7/2022 | 60 NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF | Page 13
Slide 14: The Yellowknife NWT Region
The Yellowknife NWT Region • Yellowknife was built on mining since the 1930’s: Con, Giant and Discovery mines produced 15m oz. gold. • Yellowknife is the capital of NWT, population est. 20,000+. • It is a cosmopolitan city with high quality hotels, Yellowknife city; source: spectacularnwt.com restau
Slide 15: Access to the Mon Gold Property
Access to the Mon Gold Property • Easy 45 km to Mon Gold Property from Yellowknife: 15 minutes by helicopter, float or ski plane; options for crew daily commute or permanent camp. Gravity-recovered gold to be flown out. • In winter, heavy equipment access by winter road heading to diamond mines 300
Slide 16: Mon Gold Project: A-Zone North Portal, Camp and Aerial View
Mon Gold Project: A-Zone North Portal, Camp and Aerial View 6/7/2022 | 60 NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF | Page 16
Slide 17: Operational Equipment and Camp
Operational Equipment and Camp • Mining equipment, camp buildings and bulk • This equipment will be used for the bulk supplies were purchased by Sixty North Gold sample planned for 2023, and ongoing mining and were trucked onto site from Yellowknife via operations at 100 tonnes/day thereafter. the w
Slide 18: Regional Geology, Claims and Leases
Regional Geology, Claims and Leases • The Mon Gold Property is located in the Archean-aged, Yellowknife Greenstone Belt, NWT, Canada. • Past mining in this Belt exceeds 15 Mon Gold million ounces of gold at grades Property >0.5 oz./tonne, including the Con (6 m oz.), Giant (8 m oz.) and Discovery Mi
Slide 19: 2017 Prospecting Results Supports The High-grade Nature Of The Past Producing A-zone
2017 Prospecting Results Supports The High-grade Nature Of The Past Producing A-zone • Samples from 1.20 gpt Au/0.90 m to 688 gpt Au/0.50 m • A sixty-meter exposure of the crown pillar of the A-Zone was sampled by mechanical chipping in ten continuous chips across the width of the vein. • Full detai
Slide 20: Metallurgical Testing 2018: Recoveries Avg. 98.8 %
Metallurgical Testing 2018: Recoveries Avg. 98.8 % One ounce button recovered from gravity test. • Three composite samples totaling a quarter tonne on the crown pillar of the A-Zone • Simple gravity and flotation circuit averaging 98.8 % recovery on 158.0 g/t Au calculated head grade • Environmental
Slide 21: Former Operations of the Mon Gold Mine
Former Operations of the Mon Gold Mine Mon Mill, 100 tpd, 1992 Loading a round, 1990 Mon Mine Site, 1992 6/7/2022 | 60 NORTH GOLD MINING LTD. – CSE: SXTY – FRANKFURT: 2F4 – OTC-PINK: SXNTF | Page 21
Slide 22: Exploration Potential – VMS
Exploration Potential – VMS Volcanogenic Massive Sulfide (VMS) • VMS deposits account for 40% of Canadian silver production, 49% of its zinc, 27% of copper, 20% of its lead, and 3% of gold. • 2018 exploration by SXTY led to discovery of a new 2,500 m long horizon hosting VMS mineralization enriched
Slide 23: Exploration Potential – Shear Zones
Exploration Potential – Shear Zones Shear Zones • Yellowknife Greenstone Belt contains numerous Shear Zone-hosted gold deposits: • Giant Yellowknife Gold Mine – past production 8 million oz Au • Con Gold Mine – past production 6 million oz Au • Negus – Rycon Gold Mines – past production 0.9 million
Slide 24: Exploration Potential – Nickel Cobalt PGM Zone
Exploration Potential – Nickel Cobalt PGM Zone • New IOCG (Iron oxide copper gold) Nickel-Cobalt PGM Zone (news release April 19, 2022). This is the first reported nickel showing in the Yellowknife Gold Belt. • An unusual nickel-cobalt PGM (platinum group metals)-rich zone is associated with the 600
Slide 25: Summary
Summary 1. High-grade gold mine, shallow past producer in a well defined gold belt with 15 million ounce production history 2. Permitted to re-commence production at 100 tpd. The mining equipment is owned, and on the property. The only gold mine in the NWT with this status. 3. Experienced management
Slide 26: 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 e: dave@drwgcl.com OTC-PINK: SXNTF @SixtyNorthGold Sixty North Gold Mining Ltd. sixtynorthgold 6/7/2022 | 60
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