Sixty North Gold Mining Ltd. (TSE:SXTY) has released an update.
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Sixty North Gold Mining Ltd. is gearing up for the restart of mining operations at its high-grade Mon Gold Property in Yellowknife, with crews expected on site by end of May 2024, following the procurement of a tent camp and essential equipment. The company has also settled debts with shares, issuing over 4 million common shares to officers, directors, and a consultant, and granted incentive stock options for up to 2.75 million shares. These strategic moves lay the groundwork for the company’s planned extension of mining infrastructure, aiming to capitalize on the property’s historically high gold yields.
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