Sixty North Gold Advances Development at Mon Gold Mine, NWT

Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to announce activities to commence gold production this year on its wholly-owned Mon Gold Mine, Yellowknife, NWT are on schedule with only modest delays to date.

Sixty North Gold has assembled its camp and has received authorization from Inspectors to clear the mill pad and commence constructing roads to the dry stack tailings facility (DSTF). Operations are proceeding as planned and a revised Design and Construction Plan for the mill has been submitted to the MVLWB for review. Discussion with the MVLWB on the water management plan will continue, including the submission of an independent review of the past 25 years of sample results recognizing no significant change in water conditions after material wildfire seasons in 2023 and other years. Drought conditions in advance of all of the wildfire seasons reduced or eliminated water in our sample sites, resulting in missing data.

Our plans to proceed include:

1. Assemble the camp and infrastructure. (3 to 4 weeks)
   1. Crews are on site and active.
2. Clear the mill pad of the blasted rock and use this rock for road construction purposes. (2 weeks)
   1. Crews are on site and will commence within the next 2 weeks.
3. Commence assembling the mill (9 to 13 weeks)
   1. Crews with support can commence once approvals of the Design and Construction Plan - Mill are approved (re-submitted).
4. Commence extracting mill feed
   1. This will commence one week prior to mill start-up.
5. Commence operations.
   1. This requires approvals of all remaining Management Plans. (all Management Plans have been submitted at least once. The Water and Groundwater Management Plan is subject to Board directive for two years of post-2023 wildfire baseline sampling).

All mining and milling equipment and necessary supplies and crews are on the property executing Items 1 and 2.

Dave Webb, President & CEO reports "We had been operating under an Advanced Exploration Plan under a board directive dated October 24, 2022 which allowed for underground development, bulk sampling, infrastructure construction, and limited processing.

"We are moving the project forward with full support of the federal, territorial and indigenous governments, subject to the MVLWB regulations. The MVLWB is completing their review of the various remaining Management Plans and will be requesting clarification and revisions as needed. We feel that we have been making progress and that we can meet the current requirements to move through the next steps to production."

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