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 Wangotango67on Jul 04, 2021 11:25pm
317 Views
Post# 33491447

MON + CLAN ( MINES )

MON + CLAN ( MINES ) MAPCARTA 
https://mapcarta.com/24191716

Map will open at - Clan Lake

Mon Mine area - is approx ( 5.5 km ) SW 
If one zooms in they'll see SXTY's open cut mine site - just east of Nelson Lake.

I wil lsay... the immediate outcrop just West of the open cut mine site looks very nice - appears 
as if there's volcanics atop in main outcrop.


As mentioned prior - 
I'm quite interested in the - Argilites - 
Gold is quite often associated to this style of formation. 
Volcanic sediment clays and - i guesss... it would explain away the greywacke presence.


Can one learn from a nearby peer ?
Hell, ya.

Gold Terra pperformed a sizable drill campaign last year, and i couldn't help but notice their
drill core pics -  though they show the gold with in quartite - i would say, the larger percentage of cores appear to be - argilites -  

When i see just one pic of quartz gold from Gold Terra, while the majority of other cores are the carbon style - i would lean towards - argilite gold - wink... ( tease |)


Gold Terra's photo gallery - 
.https://www.goldterracorp.com/projects/yellowknife-city-gold/photo-gallery/


Reverting back to the ) mapcarta map ) 
It certainly looks like ( sxty ) is positioned in what appears to be a convergence zone.
Almost like - deformation zone.
Which can be seen if one zooms the map in a macro veiw - seems the western formation intruded into the eastern and ( sxty  )  is positioned on this axis.
= Granites meet volcanics
= with perhaps an overlay that fringes this axis with - conglomerates.


PIPES - 
I decided to scan a few other mines in the area....
I'm stil ltrying to find out the ore geology of the Con + Giant mines.
Greenstone is mentioned - but... i'd rather see the dril lcores - first hand.

Yes... i did mention pipes...
That is - when speaking of the Diavik Mine -  North East of Yellowknikfe.
https://www.researchgate.net/figure/Locality-map-showing-the-position-of-the-Ekati-property-in-relation-to-the-Slave_fig9_223287743

Diavik - spiral pipe mine.
https://www.alamy.com/stock-photo-diavik-rio-tinto-diamond-mine-quarries-lac-de-gras-kimberlite-field-43944725.html

Though a ways away, this Diamon Mine did pique my interest when i saw - the diamonds 
were being mined in - 3 - 4 pipe style deposits. I like to call them - tornado depoists - whereas the targeted mineral or gem is contained in a twister spiral style deposit - isolate unto its own.

What kind of ore do the diamonds come from ?
Kimberlite.
Yip.... carbon style ores....


Which is quite similar to that if - Argilites.
Which is also carbon based.


Difference between Kimberlite + Argilite ?
https://rocks.comparenature.com/en/argillite-vs-kimberlite/comparison-67-30-0

I'd say, they're like cousins.
Both with distinct carbon - argilite appears far more dense while kimberlite is hollow volcanics.


If one reverts back to - Gold Terrra's - photo album - link - above,
I myself could not help but notice the - argilite dril lcores and the distinct quartz veining that streams about the dark carbon ores - not the drill rotation marks but rather the noticable fine quartz veining that is all about these argilites -

Almost seems as if.... a sub volcanic system set various geologies in place from clay greywackes to carbonous argilites and then ( wild thought ) a secondary silica quartz intruded with small veining - and.... the larger veining of 1m or more were the primaries that enabled the gold to deposit itself in the larger vein branches ( OWN  HYPPTHESIS ) 

I will also add...  
Sixty North - appears to have at surface and near surface gold - in high grade.
While Gold Terra 's latest drill report from - 2020 -  shows gold is much further at depth.
Big plus for - Sixty North - they could very well be in the sweet spot.

Sixty North - does have one good pic of the argilite with in their tech report - 
argilites are just as apparent as the greywacke geology - i wonder if the argilite was an intrusion that also brought in the - quartzite veining ? Could there be a link between these two ?


Here's the channel cut diagram i forgot to show in last post - 
Sixty's channel sampling cuts at surface  - impressive grades - i'd say, Gold Terra is perhaps looking over the fence and admiring Sixty's near surface high grade gold - tease....
Another junior wouldn't short another - would they ?   Hope not.


https://www.sixtynorthgold.com/site/assets/files/3622/btmtrenchphoto.jpg


Cheers...






<< Previous
Bullboard Posts
Next >>