EDL import leads to incorrect timecodes & gaps

I've been having issues with importing EDL's into premiere. Starting a new project, adding a video, making cuts, then exporting to EDL works fine. But when I re-import that into a new premiere project the timecodes are all wrong and there are gaps in the video.

Here's an example EDL (the video is 1080p 60fps):

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TITLE: 6900_7200

FCM: NON-DROP FRAME

001  AX       AA/V  C        00:00:00:00 00:00:50:36 00:00:00:00 00:00:50:36

* FROM CLIP NAME: 6900_7200.ts

002  AX       AA/V  C        00:01:08:36 00:01:43:48 00:00:50:36 00:01:25:48

* FROM CLIP NAME: 6900_7200.ts

003  AX       AA/V  C        00:03:10:36 00:03:33:24 00:01:25:48 00:01:48:36

* FROM CLIP NAME: 6900_7200.ts

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When importing back in, section 1 continues until 51:15, section 2 until 1:26:41 and the last one until 1:49:20

I've spent all day trying a variety of import options with different modes & timebases but havent gotten anywhere.

Would appreciate any guidance, thanks!