Mr. Dave Webb reports

SIXTY NORTH GOLD CLEARS ANOTHER HURDLE TO PRODUCTION AS EQUIPMENT NOW MOBILIZED TO MON GOLD MINE, NWT

Sixty North Gold Mining Ltd. has provided an update on its plan to commence gold production this year on its wholly owned Mon gold mine, Yellowknife, Northwest Territories.

All of the company's equipment has successfully been mobilized to the Mon gold mine site north of Yellowknife by winter road, as planned. The company is within its budgeted expenditures to date, had no lost-time accidents or environmental incidents. Importantly, all of the residual material from Sixty North's burned camp, spent batteries and miscellaneous garbage has been removed from site and disposed of at authorized facilities in Yellowknife. The company appreciates the efforts of its contractors and subcontractors during this significant event.

Dave Webb, president and chief executive officer, reports: "Mobilizing all supplies to site allows Sixty North Gold to move the Mon gold mine towards production again. Regulatory reporting continues to be a significant component of our efforts as we prepare to commence mill construction and start operations at the permitted 100 tpd design rate, planned to commence this summer. We expect to be extracting gold-bearing vein material from four stopes developed on the second level below the historic stopes that produced at an average gold grade of 30 gpt. Continued development to depth is planned."

About Sixty North Gold Mining Ltd.

Sixty North Gold is developing mining operations for gold on its 100-per-cent-owned Mon gold project. Mining in the 1990s extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold (company technical report National Instrument 43-101, Aug. 3, 2023, on SEDAR+). Recently, underground development has intersected the productive A-Zone 17 metres below the historic stopes. A newly discovered zone, the DD zone is exposed in the main ramp. The company plans to develop and mine stopes in the East Limb, West Limb and DD zone, and to extend the ramp to allow for the development of deeper levels.

The silver-rich VMS (volcanogenic massive sulphide) deposits, the large shear zone-hosted gold targets and the critical-element-enriched IOCG-(iron-oxide-copper-gold)-style mineralization 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 gpt or better for a total production of over 14 million ounces of gold (Con mine and Giant mine); (reference company technical report National Instrument 43-101, Aug. 3, 2023). The Yellowknife gold belt is an historic gold producing camp where all of the mines commenced production at greater than 100 tpd (tonnes per day). Yellowknife has the people, services and experience to bring this Archean gold belt back to life.

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

We seek Safe Harbor.