Sixty North Gold Updates Activities at Mon Gold Mine, NWT

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2026) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") provides an update on its wholly-owned Mon Gold Mine, Yellowknife, NWT.

The Company's Annual General Meeting was held on July 23; all resolutions detailed in the Company's information circular were approved by shareholders, and no other business was put forward.

Sixty North Gold has its 20-man camp fully assembled and operational at the Mon Gold Mine site. The Company has completed standard equipment maintenance. We have cleared blast rock from the mill pad and are ready to commence mill assembly, with mining ready to start as the mill nears completion.

The Company has a Type B Water License and Land Use Permit to explore, develop and operate a small-scale mine at the Mon Gold Mine. A Type B water license is "designed to deal with smaller-scale industrial, municipal, and exploration projects that use moderate amounts of water or deposit lower volumes of waste. Unlike major undertakings requiring a Type A license, Type B projects have a lower potential environmental impact (Mackenzie Valley Land and Water Board - MVLWB)".

As part of the license, the Company is required to submit Security Bonding and sixteen Management Plans to the MVLWB for approval. All sixteen have been submitted, reviewed and have had revised versions re-submitted to the MVLWB based on their comments. Nine Management Plans have now been accepted and the remaining plans have been submitted with the assistance of independent specialists over the past 12 months, and are currently being reviewed by the MVLWB.

Our Water and Groundwater Management and Monitoring Plan V2.0 and V2.1 was submitted with the recognition that baseline sampling has been sparse. This plan was rejected by the MVLWB with a comment that "Part B, Condition 16 allows the Board to provide direction to the Licensee regarding implementation of the conditions of the License." This directive was to collect samples over the succeeding 14 months prior to resubmission in support of our baseline data.

The Company requested Tetra Tech to prepare a technical memo incorporating data collected by government inspectors prior to Sixty North Gold's activities on site. Tetra Tech prepared this memo summarizing twenty-five years of data collected across the Mon Property and stated "With the aforementioned exceptions, the EQC ("Effluent Quality Criteria") water quality parameters have been consistent over the past 25 years and do not show any significant changes over time." The exceptions mentioned in the memo are in part natural, some occurred before Sixty North Gold's involvement on the property and the balance can be accounted for, are natural or have been rectified. This memo was reviewed and did not warrant further consideration by the MVLWB.

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