Sixty North poised to start mining at Mon, NWT site CanadiansInvest
-CSE] on Monday announced changes to its board of directors as it prepares to commence mining at its past producing Mon Mine, which is located 40 kilometres north of Yellowknife, in the Canadian Northwest Territories.
Meanwhile, Sixty North founder John Campbell has stepped down as Director and Chairman of the Board. He will remain as Chief Financial Officer. “Under John’s direction, the company identified the potential of the Mon Property and raised over $8 million to earn a 100%-ownership of this permitted mine and to initiate mining on the high-grade A-Zone,’’ said Sixty North President and CEO Dave Webb.
Sixty North gained an option to earn a 100% interest in the project from New Discovery Mines Ltd. , a private company owned and controlled by Webb.
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