Vancouver, British Columbia--(Newsfile Corp. - March 7, 2024) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") provides an update on its recent activities.

The Company was impacted by the wildfires in the Northwest Territories in 2023 with our camp burning in August 2023. We have accepted a $388,138.19 insurance settlement of our claim.

All major equipment and supplies required for the mining operation were not impacted by the fire. We are planning to install a temporary camp to restart activities.

We are aware that junior mining market has suffered the past few years and many shareholders have abandoned this sector, despite gold prices attaining record highs. To create the most value for our current and future shareholders, we plan to execute on the project's development towards early cash flow, while minimising the effects of financings and dilution. Insiders own over 40% of the issued shares in the Company, aligning their interests with external shareholders. see & read more on
https://www.newsfilecorp.com/release/200769/