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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

Comment by givemeabreak1on Jul 15, 2021 10:12pm
46 Views
Post# 33557364

RE:INTERESTING

RE:INTERESTINGWang 
Even the mention of the Giant mine in the area gives the locals shivers.  Probably not a good idea to keep using it!   That said, stop reading the highlights of Wikipedia!  Giant was for the most part underground hardrock mining!  Mon is hardrock or they would have mined it years ago.  While the grades are high the costs are also very high.  Chasing narrow high grade veins can be 3-5 times more expensive!  Do they have a chance to make some money and produce gold.  Yep but it will be a very small operation according to the owners.  You are getting up into the 200 plus million fully diluted shares out and still no production until next year.  I see .10 as possible in the fall any higher will be tough with so many warrants out!
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