- Sixty North Gold Mining (OTC: SXNTF) reports initial drilling results from its VMS program.
- Massive and semi-massive sulphide horizons with subeconomic levels of precious metals were found.
- Future drilling to focus on lower horizon conductors near the mineralized 5656 Zone.
Sixty North Gold Mining Ltd. (OTC: SXNTF) recently announced the initial results from its Volcanogenic Massive Sulphide (VMS) drill program. The company completed two drill holes to test one of the six targets identified through the VTEM Plus© geophysical survey conducted by Mira Geosciences. The drilling intersected massive and semi-massive sulphide horizons, primarily containing iron sulphides with limited precious metals at subeconomic levels. No significant base metal enrichment was detected.
The tested upper conductor is interpreted as the iron-rich cap-rock of the VMS system. This system's strategic location near the Bluefish Hydroelectric Power Plant and Yellowknife's road network offers potential infrastructure advantages, potentially reducing development costs. Due to warmer weather conditions affecting snowmobile trail access, drilling operations were temporarily suspended.
Looking ahead, Sixty North Gold plans to concentrate future drilling efforts on the lower horizon conductors, which align with the mineralized 5656 Zone. These areas are deemed the best targets for further investigation. The company holds confidence that these conductors may yield more promising results, similar to those found in other mineralized zones like the Likely or Homer Lake Deposits, or along the strike to the north.
