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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

Sixty North Gold Mining Ltd > Summer Bulk Sample To Produce Revenue of $9 -13.5 Million ?
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Comment by givemeabreak1on Jun 22, 2021 12:12pm
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Post# 33427447

RE:RE:RE:Summer Bulk Sample To Produce Revenue of $9 -13.5 Million ?

RE:RE:RE:Summer Bulk Sample To Produce Revenue of $9 -13.5 Million ?Blackgold
I suggest you do some reading rather than coming up with all these astranomical figures.  Will it be mined profitably quite possibe but your buld sample estimation is nonsense.  Webb has had this property for many many years.  

So let us go back in history!  They did a bulk sample back in 1990!  They extracted 4450 tons of which they sent 2206 tons out to be milled through a flotation process.  Out of the bulk sample they recovered 268 ounces of gold!  Cost of the program was $595,000.   So even if they were to get $1800 an ounce back then they would not have broken even!  Needless to say the cost of the program is much much higher now!  
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