Sixty North Gold Mining (TSE:SXTY) Update: Operations Commence at Mon Gold Mine Property
Sixty North Gold Mining Ltd. has recently announced the commencement of operations at its Mon Gold Mine Property. The company has started mining on a two-shift, seven-day schedule after successfully setting up camp and equipment. This development marks an important milestone in the company’s journey towards full-scale mining operations.
Exploration and Gold Recovery Plans
The company is currently extending a ramp to access the A-Zone vein, with expectations of encountering gold within the next 15-20 days. Ongoing assays will be conducted to confirm the grade and potential of the gold vein. Additionally, Sixty North Gold Mining Ltd. is in the process of acquiring a 100 tpd mill to facilitate gold recovery on-site. This signifies a significant step towards establishing complete mining and milling operations at the Mon Gold Mine Property.
Investment Insights
For investors looking for further insights into TSE:SXTY stock, TipRanks’ Stock Analysis page can provide valuable information and analysis. By staying informed about the latest developments and operational updates from Sixty North Gold Mining Ltd., investors can make more well-informed decisions regarding their investment strategies.
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