Sixty North mill provider to ship equipment to Mon

Executive Summary

• Sixty North Gold Mining Ltd. provided a project update on its Mon gold property in Yellowknife, NWT, confirming plans to restart production in the first half of 2026.
• Mill equipment is scheduled for shipping next week, with delivery to Vancouver and rail transport to Edmonton, followed by delivery to the site in February 2026.
• A refurbished six-unit trailer camp has been purchased and will arrive with the mill and ancillary equipment in February 2026, with contract crews engaged for assembly.

Key Details

• Production Timeline: The company expects to move all necessary equipment onto the Mon property during the current winter road season. Mine production is targeted to restart in the first half of 2026, with gold pours commencing within two months of restart.
• Equipment Logistics: The mill provider has confirmed all equipment will be ready for shipping next week. Transport involves ship to Vancouver, then rail to Edmonton.
• Camp Infrastructure: A six-unit trailer camp was purchased in Alberta, refurbished, and is scheduled for delivery to the property in February 2026 alongside the mill and other supplies.
• Geological Context: Recent underground development has intersected the productive "A zone" (17 meters below historical stopes) and a newly identified "DD zone" in the main ramp.
• Development Plan: The company plans to develop and mine stopes in the east limb, west limb, and DD zone, and intends to extend the ramp to allow for the development of deeper levels.
• Exploration Targets: The company will explore and develop silver-rich VMS deposits, large shear zone-hosted gold targets, and critical element-enriched IOCG-style mineralization as warranted.
• Historical Production Context: The Mon mine previously extracted 15,000 tonnes of ore to depths of 15 meters below surface in the 1990s, recovering an estimated 15,000 ounces of gold. The Yellowknife gold camp historically hosted mines averaging 30 g/t gold or better (Discovery and Mon) and 15 g/t or better (Con and Giant), totaling over 14 million ounces.

Notable Quotes

• "We are very pleased that our suppliers have worked hard to meet our schedules. We expect to provide additional updates over the next few months as the winter road season is upon us, with some of the earliest road openings on record. Cold weather with limited snow is creating thick ice, enabling faster and stronger roads to be constructed. Our plan to move all necessary equipment onto the past-producing Mon property this winter will enable production in the mine to restart in the first half of 2026, with gold pours commencing within two months of that." — Dave Webb, President and CEO