Dr. Dave Webb reports

SIXTY NORTH GOLD TO CLOSE NON-BROKERED $1,500,000 UNIT OFFERING

Sixty North Gold Mining Ltd. intends to close its non-brokered financing of six million units at an offering price of 25 cents per unit within the next five business days for gross proceeds of $1.5-million subject to the Canadian Securities Exchange raising no objection to such closing. The offering was originally announced in the company's press release dated Jan. 13, 2026.

Each unit will be composed of one common share and one-half of one non-transferable common share purchase warrant in the capital of the company. Each warrant will be exercisable to purchase one additional share at a price of 30 cents for a period of one year from the closing date. The securities underlying the units will be subject to a hold period legend restricting resale until four months and a day from their date of issuance.

Two finders will receive finders' fees totalling $51,000 in cash and 204,000 finders' warrants, having the same terms as the warrants, on the full proceeds of the offering.

The proceeds from the offering will be used for further exploration and development of the Mon gold property located in Northwest Territories and for the company's general working capital requirements.

About Sixty North Gold Mining Ltd.

Sixty North is developing mining operations for gold on its 100-per-cent-owned Mon gold project, which extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold in the 1990s (company technical report National Instrument 43-101, Aug. 3, 2023, on SEDAR+). The North ramp has been reopened and has been extended to the target portion of the vein. The company plans to develop stopes in the East limb, West limb and DD zone to extract and to feed a 100-tonne-per-day gravity flotation mill.

Additional gold, silver and base metal targets occur on the property, and will be explored and developed as warranted.

The Yellowknife gold camp hosts two mines that averaged 30 grams per tonne gold or better (Discovery mine with one million ounces of gold produced, and Sixty North Gold's Mon mine), and two that averaged 15 g/t or better for a total production of over 14 million ounces of gold (Con mine and Giant mine) (refer to the company technical report NI 43-101, Aug. 3, 2023).

The technical content of this release has been reviewed and approved by Dr. D.R. Webb, PGeol, president and chief executive officer of Sixty North.

We seek Safe Harbor.