Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the “Firm” or “Sixty North Gold“) Sixty North Gold is happy to announce that it has engaged CJ Contracting out of Yellowknife to construct and keep our winter street to the Mon Gold Property. As well as, CJ will haul and place our camp, gasoline tanks, explosives magazines, mining tools and help tools and provides.

Development is anticipated to begin this month with full entry accessible by mid- to late-February. The Firm plans to have mining crews begin preparation for mining in late spring, and to start underground actions earlier than the tip of June 2021. The plan is to drive a ramp to twenty m under the 2 stopes on the property that had been in manufacturing within the 1990’s. The vein has been intersected right here with various historic holes, together with;

Except NDM-3, which was drilled by the Firm in 2016, these are all historic holes with none QA/QC program or assay certificates and so have to be reported for reference functions solely.

The Mon Mine was initially staked by Cominco inside a couple of months of the invention of the Con Mine in Yellowknife in 1937 (previous manufacturing 6 million ounces of gold), and was held repeatedly since then. The popularity by Cominco of the similarities of the Mon Deposit to the Discovery Mine 1949-1969 (previous manufacturing 1 million ounces of gold) led to renewed exercise on the Mon property. In 1988, a newly utilized structural answer discovered the down-dip extension of the high-grade portion of the deposit and 15,000 tonnes of ore estimated to grade 30 gpt gold was extracted from two 15 m excessive stopes. Sixty North Gold plans to mine under these stopes the place historic diamond drilling has encountered comparable grade materials over comparable widths. The depth of the Large Yellowknife Mine (~900m), the Discovery Mine (~1,200m) and the Con Mine (~1,900m) leads the Firm to be optimistic for the potential of the Mon Mine to increase under the 15m depth of the outdated stopes and >60m of depths under the outdated stopes have been drilled.

Dr. D.R. Webb, Ph.D., P.Geol., P.Eng. is the Certified Particular person inside the which means of NI 43-101 and is answerable for the technical particulars of this launch.

Concerning the Firm

Sixty North Gold Mining Ltd. is concentrated on restarting the high-grade previous producing Mon Mine, 40 km north of Yellowknife, NWT, inside the prolific Yellowknife Gold Camp. The Mon Gold Property consists of 11 contiguous mining leases and three mineral claims, comprising an combination 622 hectares, situated within the South Mackenzie Mining District, NWT. The Mon Mine produced 15,000 ounces of gold from 15,000 tonnes of ore between 1989-1997. Permits to discover, mine and mill at 100 tpd are in place, and the Mon is the one gold mission permitted for manufacturing within the NWT. Different targets on the property embrace just lately found silver- and gold-rich volcanogenic huge sulphide (VMS) targets in addition to the large shear zone-hosted gold mineralization. The shear zones are comparable in nature to, and hosted in the identical rocks as, the world-class deposits on the Con and Large Mines in Yellowknife which produced 14 million oz. gold.

The corporate additionally has an possibility settlement to accumulate a 100% curiosity within the extremely potential contiguous 2,394 hectare Hangstone Property adjoining the Mon Property to the East and South. The Mon Property shear zone and VMS targets might be projected onto the Hangstone Property.

For extra info, please seek advice from the Firm’s profile on SEDAR (www.sedar.com) or go to the Firm’s web site at www.sixtynorthgold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “David Webb”

David Webb,

President & Chief Government Officer

For additional info, please contact David Webb 604-818-1400

Statements in regards to the Firm’s future expectations and all different statements on this press launch aside from historic details are “ahead wanting statements”. Such forward-looking statements are based mostly on quite a few assumptions, and contain identified and unknown dangers, uncertainties and different components, together with dangers inherent in mineral exploration and improvement, which can trigger the precise outcomes, efficiency, or achievements of the Firm to be materially totally different from any projected future outcomes, efficiency, or achievements expressed or implied by such forward-looking statements. Additional particulars in regards to the dangers relevant to the Firm are contained within the Firm’s Prospectus dated January 19, 2018 accessible on SEDAR (www.sedar.com), below the Firm’s profile.

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/71455