Sixty North's new mill on container ship to Canada

Executive Summary

• Sixty North Gold provided a significant operational update regarding the development and logistics for its Mon gold mine in Yellowknife, NWT, with plans to commence gold production in 2026.
• The company's new 100-tonne-per-day (tpd) mill is scheduled to arrive in Canada on February 20, 2026, with assembly planned for late April and initial commissioning in June/July.
• Construction of the 20-kilometer winter road is progressing, and crews are preparing to install a new 20-man trailer camp and clear debris from 2023 wildfires that destroyed previous infrastructure.

Key Details

• Mill Logistics: The new 100 tpd mill is on a container ship, expected to land in Canada on Feb. 20, 2026 (subject to weather delays).
• Transportation: The company plans to haul 19 truckloads of supplies, including the mill, to the mine site via winter road in February and March.
• Infrastructure & Camp: Crews will arrive in advance of the mill to install a new 20-man trailer camp. They will also clean and remove debris from the 2023 wildfires; major mining equipment, fuel tanks, and on-site infrastructure survived the fires.
• Production Timeline:
  • Mill assembly: Late April 2026.
  • Initial commissioning: June and July 2026.
  • Operation mode: 24/7 operation.
• Mining Plan:
  • Initial production will treat material from the second level of the A zone vein below historic stopes.
  • The DD zone will be evaluated for potential stope development.
  • Plans include extending the main ramp to the third level.
• Historical Context: The Mon mine previously extracted 15,000 tonnes of ore in the 1990s, recovering an estimated 15,000 ounces of gold at depths of only 15 meters below surface. Recent underground development has intersected the A zone 17 meters below historical stopes and identified the DD zone.

Notable Quotes

• "The company's new 100-tonne-per-day (tpd) mill is now on a container ship due to land in Canada on Feb. 20, 2026."
• "Major mining equipment, fuel tanks and infrastructure on site avoided any fire damage due to well planned construction, placement and serendipity."