Sixty North Gold Mining Announces Operational Update, Debt Settlements, and Option Grants
Sixty North Gold Mining Announces Operational Update, Debt Settlements, and Option Grants
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2024) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024年5月14日）——Sixty North Gold Mining Ltd.（CSE：SXTY）（FSE：2F40）（場外交易鏈接：SXNTF）（the”公司” 或”六十北金”)。
Sixty North Gold is pleased to announce that it has purchased the tent camp and is acquiring other light equipment and supplies needed for the restart of mining operations. Mining crews have been engaged and are expected to be on site around the end of May 2024, once camp setup is complete. Dave Webb, President & CEO states, "We are very pleased to be moving crews into the property and driving our re-development of this very high-grade past producing gold mine. The Yellowknife gold camp hosts two mines that averaged 30 gpt gold or better, and two that averaged 15 gpt or better for a total production of over 14 million ounces of gold (Sixty North Gold NI 43-101 - August 3, 2023)."
Sixty North Gold高興地宣佈，它已經收購了帳篷營地，並正在購買重啓採礦業務所需的其他輕型設備和物資。採礦人員已經參與其中，預計營地設置完成後，將在2024年5月底左右到達現場。總裁兼首席執行官戴夫·韋伯表示：“我們很高興將工作人員調入該物業，並推動我們對這座過去生產的高品位金礦進行重建。耶洛奈夫金礦營地擁有兩個平均產量爲30英鎊或以上的金礦，還有兩個平均產量爲15英鎊或以上的礦山，總產量超過1400萬盎司的黃金（北愛爾蘭六十金 43-101——2023年8月3日）。”
Sixty North Gold further announces that it has arranged debt settlements with certain officers and a director of the Company, and a consultant to settle $233,000 in indebtedness for accrued management and consulting fees from the period May 1, 2023 to April 30, 2024, to be paid by the issuance and delivery of a total of 3,883,332 common shares of the Company in the aggregate, at a deemed value of $0.06 per share, plus GST. The shares will be subject to resale restrictions for a period of 4 months and a day from their date of issuance.
Sixty North Gold進一步宣佈，它已安排與公司的某些高管和一名董事以及一名顧問進行債務和解，以結清2023年5月1日至2024年4月30日期間應計管理和諮詢費的23.3萬美元債務，將通過發行和交付公司共計3,883,332股普通股來支付，認定價值爲每股0.06美元，外加商品及服務稅。自發行之日起，這些股票將在4個月零一天內受到轉售限制。
The Company further approved bonuses totalling $19,900 for certain officers and a director of the Company to be settled as debts for shares on the same basis as the debt settlements for the creditors noted above for a total of another 331,666 common shares at a deemed value of $0.06 per share.
公司還批准了總額爲19,900美元的公司某些高級管理人員和一名董事的獎金，以與上述債權人的債務和解相同，以每股0.06美元的認定價值爲每股0.06美元的另外331,666股普通股進行債務清償。
The Company has also granted incentive stock options to its directors, officers, and consultants to purchase up to 2,750,000 common shares of the Company at an exercise price of $0.08 per share until May 14, 2029.
該公司還向其董事、高級管理人員和顧問授予了激勵性股票期權，允許他們在2029年5月14日之前以每股0.08美元的行使價購買公司多達275萬股普通股。
Dr. D.R. Webb Ph.D., P.Geol., P.Eng. is the Qualified Person within the meaning of NI 43-101 and is responsible for the technical details of this release.
D.R. Webb 博士、P.Geol.、P.Eng. 是 NI 43-101 所指的合格人員，負責本版本的技術細節。
About the Company
關於本公司
The Company is developing mining operations for gold on its 100%-owned Mon Gold Property, 40 km north of Yellowknife, NWT. Past production extracted 15,000 tonnes of ore to depths of only 15 m below surface, recovering an estimated 15,000 ounces of gold in the 1990's (NI 43-101, August 3, 2023). The North Ramp has been reopened and has been extended to within 60 m of the target portion of the vein. The Company plans to extend the ramp to where some high-grade historic holes intersected the vein beneath the previously mined stopes. The plan is to install cross-cuts and raises within the vein to extract and stockpile the vein material on surface. Upon confirmation of the grade and tonnage, a permitted mill will be brought in to process this and ongoing mined material.
該公司正在其擁有100％股權的Mon Gold地產上開發黃金開採業務，該地產位於西北地區耶洛奈夫以北40公里處。過去的生產將15,000噸礦石開採到地表以下僅15米的深度，估計在20世紀90年代回收了15,000盎司的黃金（北愛爾蘭43-101，2023年8月3日）。北坡道已重新開放，並已延伸至距離礦脈目標部分的60米以內。該公司計劃將坡道延伸到一些高等級的歷史洞穴與先前開採的礦脈相交的地方。計劃在礦脈內安裝橫切口和豎井，以提取和儲存地表的靜脈材料。在確認等級和噸位後，將引進一座經許可的工廠來加工這種和正在開採的材料。
For more information, please refer to the Company's public filings available on SEDAR (), under the Company's profile.
欲了解更多信息，請參閱公司在SEDAR上提供的公開文件（），在公司的簡介下。
ON BEHALF OF THE BOARD OF DIRECTORS
"Dave Webb"
Dave Webb, President & CEO
For further information, please contact:
Dave Webb
Tel.: 604 818-1400
Email: dave@drwgcl.com
Website:
代表董事會
“戴夫·韋伯”
戴夫·韋伯，總裁兼首席執行官
欲了解更多信息，請聯繫：
戴夫·韋伯
電話：604 818-1400
電子郵件： dave@drwgcl.com
網站：
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR (), under the Company's profile.
關於公司未來預期的陳述以及本新聞稿中除歷史事實以外的所有其他聲明均爲 “前瞻性陳述”。此類前瞻性陳述基於多種假設，涉及已知和未知的風險、不確定性和其他因素，包括礦產勘探和開發固有的風險，這些風險可能導致公司的實際業績、業績或成就與此類前瞻性陳述所表達或暗示的任何預期未來業績、業績或成就存在重大差異。有關適用於公司的風險的更多詳細信息包含在SEDAR上提供的公司公開文件中（），在公司的簡介下。
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.
加拿大證券交易所尚未批准或不批准本新聞稿的內容。
譯文內容由第三人軟體翻譯。