Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sixty North Gold Mining Ltd C.SXTY

Alternate Symbol(s):  SXNTF

Sixty NorthGold Mining Ltd. is a Canada-based company, which is developing mining operations for gold on the 100% owned Mon Gold Property, approximately 40 kilometers (km) north of Yellowknife, Northwest Territories (NWT). The Mon Gold Property consists of over 13 contiguous mining leases encompassing approximately 494.28 hectares and one mineral claim, comprising an additional 127.75 hectares, located in the South MacKenzie Mining District, NWT.


CSE:SXTY - Post by User

Post by Coinfanon Jan 19, 2021 6:34am
123 Views
Post# 32324300

google translation from German Chatroom / ZoomCall

google translation from German Chatroom / ZoomCallhere a google translation from post in German Chatroom about the Zoom presentation: The Zoom Meeting was very good and informative, with almost 30 people mainly from Germany. You can expect significantly more "shares" to trade in the next few days. It was interesting that Dr. Webb once again explained the potential of what is available. If you start with a 100 T / D Mill, 25,000 ounces of gold should be produced per year. This can then be expanded over the next few years. Increase to 300 T / D and to 75,000 ounces / year. It was also interesting that you currently only go down to 25 meters at the start, but the potential goes well below 1500 meters, so there could be a lot of gold to mine. Another essential point is that you can expect very low production costs, even with a relatively small production. He indirectly indicated that production costs could be less than $ 500 an ounce. This is exactly how the Giant and Con Mine started with Dr. Webb also worked as a development and production engineer / geologist. The Dr. Webb has a better understanding of production, that's a key point. Normally, geologists have an idea of exploration from explorers, but less of production. That is why the explorers are usually taken over by other companies that have more know-how in the organization of production processes .. At Sixty North I'm in good spirits that we will see over 1 dollar in the share price in 12-16 months .. The grades that are available are crazy up to 688 g / T gold is already a word.
<< Previous
Bullboard Posts
Next >>