Sixty North Gold Targets Early Gold Production

Sixty North Gold Mining Ltd. (TSE:SXTY) has released an update.

Sixty North Gold Mining Ltd. has overcome a setback from a 2023 wildfire by securing a significant insurance settlement and is now focused on restarting operations at its Mon Gold Property. The company is committed to creating value for shareholders by advancing the project towards early gold production and minimizing financial dilution, with insiders owning over 40% of the shares. They plan to resume mining in the coming months, targeting the vein below historic stopes, and aim to commence gold milling and production in early 2025.

For further insights into TSE:SXTY stock, check out TipRanks’ Stock Analysis page.