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International Tower Hill Mines Ltd New

International Tower Hill Mines Ltd New (THM)

0.5217
-0.0124
(-2.32%)
Closed June 22 4:00PM
0.5217
0.00
(0.00%)
After Hours: 6:31PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.5217
Bid
-
Ask
-
Volume
42,040
0.5217 Day's Range 0.555
0.31 52 Week Range 0.80
Market Cap
Previous Close
0.5341
Open
0.551
Last Trade
100
@
0.5217
Last Trade Time
Financial Volume
$ 22,900
VWAP
0.544712
Average Volume (3m)
107,116
Shares Outstanding
199,693,442
Dividend Yield
-
PE Ratio
-41.76
Earnings Per Share (EPS)
-0.02
Revenue
22k
Net Profit
-3.4M

About International Tower Hill Mines Ltd New

International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an advanced stage exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fair... International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an advanced stage exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company. Show more

Sector
Gold Ores
Industry
Gold Ores
Headquarters
Vancouver, British Columbia, Can
Founded
1970
International Tower Hill Mines Ltd New is listed in the Gold Ores sector of the American Stock Exchange with ticker THM. The last closing price for International Tower Hill... was $0.53. Over the last year, International Tower Hill... shares have traded in a share price range of $ 0.31 to $ 0.80.

International Tower Hill... currently has 199,693,442 shares outstanding. The market capitalization of International Tower Hill... is $141.78 million. International Tower Hill... has a price to earnings ratio (PE ratio) of -41.76.

THM Latest News

International Tower Hill Mines Announces Results from 2024 Annual General and Special Meeting of Shareholders

International Tower Hill Mines Announces Results from 2024 Annual General and Special Meeting of Shareholders PR Newswire VANCOUVER, BC, May 30, 2024 VANCOUVER, BC, May 30, 2024 /PRNewswire/...

International Tower Hill Mines Files 2024 First Quarter Financial Results

International Tower Hill Mines Files 2024 First Quarter Financial Results PR Newswire VANCOUVER, BC, May 10, 2024 VANCOUVER, BC, May 10, 2024 /PRNewswire/ - International Tower Hill Mines Ltd. ...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.00170.3269230769230.520.5550.52660260.53190915CS
4-0.1599-23.45950704230.68160.69820.5128822230.58227384CS
12-0.1784-25.48207398940.70010.80.51281071160.66655606CS
26-0.0041-0.7797641688860.52580.80.471317180.6395642CS
520.101724.21428571430.420.80.311032180.55884052CS
156-0.5183-49.83653846151.041.230.311175780.67391738CS
260-0.0723-12.17171717170.5942.420.312062261.03872518CS

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THM Discussion

View Posts
sekander sekander 1 month ago
Getting a little bump today from news item about Burry and Paulson's gold investments.
I doubt it will have much legs as long as this company remains tight lipped about what is going on.
👍️0
sekander sekander 2 months ago
Poking around the website the other day. Not one word about possible drilling dates. Nothing.
Paulson's divorce still not final. We may have to wait until it is finalized before anything happens here.
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sekander sekander 3 months ago
A million shares traded yesterday! Paulson bought 2.2 million more shares on Jan.24!! Talk about bullish signs.
I guess his divorce is final, now. Gold heating up. This could be the moment for THM. The Thaw on the Yukon
River is at the end of next month, signalling the start of Spring. Could be drilling season?
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sekander sekander 7 months ago
Big day yesterday. 33% up. Is there news coming or is it just catching up to the gold price?
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ernie44 ernie44 9 months ago
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ernie44 ernie44 9 months ago
or sell the bull and the FARM

GO ON WELFARE----pays better


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ernie44 ernie44 10 months ago
BUY THE FARM --SELL THE BULL
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revtruelove revtruelove 3 years ago
THM

What does everyone see this going to?

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swanlinbar swanlinbar 3 years ago
THM- Nice Insider Buy! Name and Address of Reporting Person*
DRESCHER ANTON J
(Last) (First) (Middle)
#507 - 837 WEST HASTINGS STREET
(Street)
VANCOUVER A1 V6C 3N6
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL TOWER HILL MINES LTD [ THM ] 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/25/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Share Unit (DSU) $1.31(1) 05/25/2021 A 63,359 (2) (2) Common stock 63,359 $0 482,130 D
Explanation of Responses:
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swanlinbar swanlinbar 3 years ago
THM-International Tower Hill Mines Announces Results from 2021 Annual General and Special Meeting of Shareholders
8:01 am ET May 26, 2021 (PR Newswire) Print
International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE: THM) announces the results from its 2021 Annual General and Special Meeting of shareholders held in Fairbanks, AK, USA on Tuesday, May 25, 2021 ("Meeting").

At the Meeting, the Company's shareholders elected the following individuals as directors of the Company, with all receiving a majority of the votes cast, as follows:

Director Votes For Votes Withheld
Anton Drescher 122,696,294 (89.60%) 14,234,312 (10.40%)
Karl Hanneman 136,626,271 (99.78%) 304,335 (0.22%)
Stuart Harshaw 133,597,206 (97.57%) 3,333,400 (2.43%)
Marcelo Kim 136,624,723 (99.78%) 302,883 (0.22%)
Stephen Lang 133,627,606 (97.59%) 3,303,000 (2.41%)
Christopher Papagianis 136,626,352 (99.78%) 304,254 (0.22%)
Thomas Weng 136,623,265 (99.78%) 307,341 (0.22%)
The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2021 and authorized the directors to fix their remuneration.

The shareholders approved an amendment to the Company's Notice of Articles (90.64% majority) and an amendment and restatement of the Company's Articles (88.91% majority).

The shareholders approved, on an advisory non-binding basis ("Say on Pay"), the compensation paid to the Company's executive officers (91.52% majority). The shareholders re-approved the 2017 Deferred Share Unit Incentive Plan (97.12% majority) and re-approved the 2006 Incentive Stock Option Plan (89.87% majority).

The detailed proxy voting on all resolutions submitted to the shareholders at the Meeting is contained in the "Report of Voting Results" for the Meeting which will be available under the Company's profile on SEDAR and on the Company's website or upon request by contacting the Company at 1-855-428-2825.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls 100% of the Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf ofInternational Tower Hill Mines Ltd.

(signed) Karl L. HannemanChief Executive Officer

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

https://c212.net/c/img/favicon.png?sn=TO90551&sd=2021-05-26

View original content:http://www.prnewswire.com/news-releases/international-tower-hill-mines-announces-results-from-2021-annual-general-and-special-meeting-of-shareholders-301299849.html

SOURCE International Tower Hill Mines Ltd.

https://rt.prnewswire.com/rt.gif?NewsItemId=TO90551&Transmission_Id=202105260800PR_NEWS_USPR_____TO90551&DateId=20210526

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swanlinbar swanlinbar 3 years ago
$THM hoping for alittle News soon, bust thru $1.46 & we could be off to the races! imho glta
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swanlinbar swanlinbar 3 years ago
$THM looks better!
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swanlinbar swanlinbar 3 years ago
THM International Tower Hill Mines Files 2020 Year End Financial Results
8:00 am ET March 10, 2021 (Dow Jones) Print
International Tower Hill Mines Files 2020 Year End Financial Results

Canada NewsWire

VANCOUVER, BC, March 10, 2021

VANCOUVER, BC, March 10, 2021 /CNW/ - International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) today announced that it has filed its audited Year-End Financial Statements and associated Management Discussion and Analysis on Form 10-K for the year ended December 31, 2020.

As of December 31, 2020, the Company had working capital of US$12.7 million.

The Company previously announced a 2021 budget of $5.6 million, the key element of which is the completion of an updated Pre-Feasibility Study on the Livengood Gold Project that is planned for release in October 2021.

Shareholders can obtain copies of the Company's audited Year-End Financial Statements and associated Management Discussion and Analysis and Form 10-K on SEDAR at: www.sedar.com, EDGAR at www.sec.gov and on the Company's website at: www.ithmines.com. The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of

International Tower Hill Mines Ltd.

(signed) Karl L. Hanneman

Chief Executive Officer

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

View original content:http://www.prnewswire.com/news-releases/international-tower-hill-mines-files-2020-year-end-financial-results-301244082.html

SOURCE International Tower Hill Mines Ltd.
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swanlinbar swanlinbar 3 years ago
$THM took a starter today. glta

SC 13G/A >= 5% Acquisition 02/17/2021 Amended
SC 13G/A >= 5% Acquisition 02/12/2021
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whytestocks whytestocks 4 years ago
BREAKING NEWS: $THM International Tower Hill Mines Announces Shareholder Update and Conference Call Related to $7.9 Million Participation by Existing Major Shareholders in US $10.3 Million Public ATM Offering

VANCOUVER, BC , Sept. 3, 2020 /PRNewswire/ - International Tower Hill Mines Ltd. (TSX: ITH) (NYSE-American: THM) (the "Company") announced today that it will host a webinar and teleconference on Wednesday, September 9, 2020 to provide an update to shareholders and investors regardi...

In case you are interested THM - International Tower Hill Mines Announces Shareholder Update and Conference Call Related to $7.9 Million Participation by Existing Major Shareholders in US $10.3 Million Public ATM Offering
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ernie44 ernie44 4 years ago
still in feasibility study, and sitting on cash from investor notes
resource estimates are 11 million ounces````````math would give profits to be 11 BILLION ---MINUS the cost of the mine and labour
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tayronachan tayronachan 4 years ago
looks like it might breakout next week.
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Investolator Investolator 4 years ago
THM jumped this morning and took out my sell order before I could change it. At least I made a little over 200% today. Best of luck to all and may your days be more green than red.

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ernie44 ernie44 4 years ago
theres gold in them there hills
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ClayTrader ClayTrader 4 years ago
* * $THM Video Chart 05-28-2020 * *

Link to Video - click here to watch the technical chart video

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Harleyman Harleyman 4 years ago
yes, never a bad thing....well unless it's going down, lol!
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Investolator Investolator 4 years ago
Volume so far is over 10 times the average over the 50 day average and about 20 times over the 200 day average.
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Harleyman Harleyman 4 years ago
Livengood is panning out to be quite a resource...not a lot of 23 year mine life resources left on this planet...at least "known".....
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Investolator Investolator 4 years ago
Something is causing THM to jump, and maybe it was something they heard. Hope you have a great day.
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Harleyman Harleyman 4 years ago
Someone liked what they heard at the board meeting yesterday????
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Investolator Investolator 4 years ago
THM is going crazy this morning. At one point it was up over 50% and has pulled back some since then.

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Investolator Investolator 4 years ago
THM made new 52 week high today at $.80 and has been one of the stocks that has recovered and started moving higher since the market break caused by COVID-19.

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TFMG TFMG 5 years ago
THM - Risky Move - Trend Is Strong. Still Gains To Be Had

International Tower Hill Mines Ltd.is a mineral exploration company. The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It operates through the exploration and development of mineral properties segment. The Company owns the Livengood Gold Project in Alaska, the United States. The Livengood Gold Project is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina Gold Belt. The Livengood Gold Project has a mineral resource of approximately 730 million measured tons at an average grade of over 0.61 gram/ton (g/ton), approximately 70 million indicated tons at an average grade of approximately 0.56 g/ton and over 260 million inferred tons at an average grade of approximately 0.52 g/ton.

SHORT INTEREST
653.75K 07/15/19

P/E Current
-26.79

P/E Ratio (with extraordinary items)
-28.91

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ernie44 ernie44 5 years ago
sell the rumour, buy the news
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cottonmather cottonmather 5 years ago
Undercurrents are rising...….
https://stockcharts.com/public/1164099
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Harleyman Harleyman 6 years ago
Paulson added to his stake this past quarter........

International Tower Hill Mines (NYSEMKT:THM), Newmark Group (NASDAQ:NMRK), and Aetna Inc. (NYSE:AET): These very small (less than ~1% of the portfolio each) stakes saw substantial increases this quarter.

Note: Paulson has a ~32% ownership stake in International Tower Hill Mines.
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otterman otterman 6 years ago
Where do you think this pullback will land? There's a very tiny gap at .522 but I cant see it going there, although look where the MAs are.
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Harleyman Harleyman 6 years ago
agreed, I think with continued strength in gold this stock should get to $1.40-$1.70, IMO
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Familyman-5 Familyman-5 6 years ago
Barchart is giving it a 100% buy rating right now. And the personalized chart I trade by shows it could continue the climb tomorrow. Anything is possible. I’m no expert but just hoping for a profit.
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Investolator Investolator 6 years ago
It was nice to see the increase today. Maybe this is the start for a nice rise to come. Hope all are doing good this day.
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Harleyman Harleyman 6 years ago
totally agree, 1.25 price target here
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alidare alidare 6 years ago
Treat this as never expiring option on gold prices, this should move nicely when gold spikes over $1500
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MikeyInTheD MikeyInTheD 6 years ago
Undervalued by at least 30% right now and could push $1.00 by year end. The problem is there is generally very little volume and almost no attention paid to this company. They operate in the shadows so any positive results ever will cause this thing to spike higher and maintain those gains. I’d buy now but I don’t want it to be dead money for years if they aren’t able to deliver. Someone obviously thinks this thing is cheap at .50 and made a large investment. The have a nice amount of working capital with very little current debt. I might consider an investment eventually.
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Harleyman Harleyman 6 years ago
International Tower Hill Mines Files 2017 Year End Financial Results

https://seekingalpha.com/pr/17104897-international-tower-hill-mines-files-2017-year-end-financial-results?ifp=0
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Harleyman Harleyman 6 years ago
totally agree, private placement, good value, someone believes.....
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otterman otterman 6 years ago
At least it was above the current price. So many times its below and the stock dives.
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Harleyman Harleyman 6 years ago
International Tower Hill Mines Announces US $12 Million Non-Brokered Private Placement and Electrum as New Shareholder


Vancouver, British Columbia, March 14, 2018 - International Tower Hill Mines Ltd. (TSX: ITH, NYSE-American: THM) (“ITH” or the “Company”) announced today that it has completed a non-brokered private placement (the “Offering”) pursuant to which it has issued 24,000,000 common shares (14.8% of the 162.4 million shares currently issued and outstanding) at a price of US $0.50 per share for aggregate gross proceeds of US $12 million.

The Company intends to use the proceeds of the Offering for the continuation of optimization studies in efforts to further improve and de-risk the Livengood Gold Project, required environmental baseline studies, and for general working capital purposes.

Under the Offering, an institutional shareholder that is new to the Company, Electrum Strategic Opportunities Fund II, L.P. (“Electrum”), an investment fund managed by The Electrum Group LLC., acquired 19,894,528 shares. The balance of the shares were taken by an existing institutional shareholder of the Company, Paulson & Co. Inc. (“Paulson”), which acquired 4,105,472 shares. Following completion of the Offering, Paulson will own 32.0% of the issued and outstanding shares, while Electrum will hold 10.7%.

The Company also announced today that it appointed Stuart Harshaw to the Company’s board of directors effective April 1, 2018, and intends to nominate Company CEO Karl Hanneman to stand for election to the board of directors at the forthcoming annual general meeting. Mr. Harshaw is a seasoned mining executive with a successful international career at Vale and Inco. He earned a BS in Metallurgical Engineering from Queen’s University and an MBA from Laurentian University.

Marcelo Kim, the Chair of the Board, said “We are delighted to welcome Electrum as a new shareholder of ITH and Mr. Harshaw to the Board. This financing uniquely positions ITH with sufficient financial resources for the next 4 to 5 years as we continue to advance the Livengood Gold Project towards one day becoming one of North America’s biggest gold mines.”

Igor Levental, Electrum’s President, said “ITH is an excellent fit for Electrum. Its multi-million ounce Livengood Gold Project located in Alaska, the second largest gold-producing state in the US, is exactly the type of project we seek to invest in. Furthermore, what makes ITH particularly special among developers in the precious metals space is its management team with an exceptional track record of advancing and permitting mines in Alaska, a strong board with an incredible depth of experience in taking assets up the value chain in a disciplined fashion and top tier long-term value-oriented investors involved with the Company. We are looking forward to joining the ITH family.”

On March 12, 2018 the Board approved a 2018 budget of $5.1 million. The work program incorporated in this budget will build upon the metallurgical studies undertaken in 2017 to continue to define and refine the project flowsheet. Using the improved mineralization and alteration models now available for the Livengood gold deposit arising from the work completed in 2017, 4000 kg of metallurgical composites have been selected based on location within the deposit and shipped to SGS Vancouver. Portions of these samples will be processed in 2018 to determine whether different recovery or cost parameters should be applied to different portions of the orebody. The engineering firm of BBA Inc. will be retained to continue to guide the metallurgical program. Work is also planned to advance the environmental baseline efforts needed to support future permitting.

Karl Hanneman, Chief Executive Officer, said “I am pleased to continue the technical work that can potentially improve and certainly will serve to de-risk the Livengood Gold Project. ITH has unique and positive fundamentals, given our land status and proximity to Fairbanks, size of the gold resource and the leverage opportunity for gold investors.”

The Board has also approved recommendations by management to further reduce corporate overhead costs beginning in 2018, including a reduction in CEO salary by 50% reflecting an approximate 50% reduction in the effort needed to perform the CEO duties, a reduction in board member cash compensation and expense, and staff reductions as appropriate when critical work is completed. Depending upon the level of technical work or permitting efforts underway in future years, these cost savings should bring total project G&A costs into the range of $2.5 million/year, providing the opportunity for a multi-year runway from the proceeds of the Offering.

As set forth in the Company’s April 2017 NI-43-101 Technical Report, the Livengood Gold Project has a measured and indicated gold resource of 11.5 million ounces with an all-in-cost of $1,247/oz. The large resource size and current market valuation, together with the favorable and stable Alaska jurisdiction, makes the Livengood Gold Project one of the most attractive highly leveraged gold projects in the world. Going forward, the potential for reduced project G&A costs could provide the time necessary for the gold market to reward patient investors.

The shares of common stock sold in the Offering were offered and sold in reliance upon an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The shares may not be offered or sold by the purchasers in the United States, absent registration or an applicable exemption from registration requirements. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of any securities in any jurisdiction in which such offer, solicitation or sale is unlawful.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls a 100% interest of the Livengood Gold Project, located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of
International Tower Hill Mines Ltd.

(signed) Karl L Hanneman
Chief Executive Officer

Contact Information:
Richard Solie, Jr., Manager - Investor Relations
E-mail: rsolie@ithmines.com
Direct line: 907-328-2825 / Toll-Free: 1-855-428-2825

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein, including statements with respect to the proposed use of the proceeds of the Offering by the Company, the ability of the Company to carry out and complete optimization studies with respect to the Livengood Gold Project, the ability of the Company to advance the Livengood Gold Project, the potential development of any mine at Livengood, business and financing plans and business trends are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, proposed, planned, potential and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, , the use of proceeds from the Offering, the potential inability of the Company to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company’s annual report on Form 10-K and other reports filed with the United States Securities and Exchange Commission, and certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials, including the latest technical report filed with respect to the Livengood Gold Project.

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States or Canada.
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alidare alidare 6 years ago
<Optimizing Livengood

While International Tower Hill Mines Ltd.’s Livengood project may be the smallest of Alaska’s Big 3, the 11.5 million oz of gold in the measured and indicated resource category definitely earns the world-class moniker.
The fact that it lies alongside a paved highway only 70 miles north of Fairbanks adds to the unique attributes of this large, but relatively low-grade gold mine project.

A pre-feasibility study completed for Livengood in 2016 outlines plans for a 52,600-metric-ton-per-day mill that would produce 6.8 million oz of gold over a 23-year mine life, or roughly 294,100 oz annually.

This is based on 392 million metric tons of reserves averaging 0.71 g/t (9 million oz) gold.

“The fundamentals of the project are compelling: one of the largest gold resources in North America that is not owned by a major, an accessible location in a stable jurisdiction, and a project that is highly leveraged to the gold price,” said Karl Hanneman, who took over as Tower Hill CEO in February.

This year, Tower Hill is investing around US$6.3 million in a work program focused largely on improving the economics of developing this deposit into a world-class mine.

The 2017 program targeted those aspects of the project that could deliver the highest increase to its net present value for the least expenditure. Work is also planned to advance the environmental baseline efforts needed to support future permitting.

Turning Livengood and its advanced exploration counterparts into operating mines would go a long way toward Alaska further realizing the economic benefits of the world-class minerals potential for which the Far North state is renowned.>

http://www.petroleumnews.com/pntruncate/912573289.shtml
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alidare alidare 6 years ago
<Let's take International Tower Hill Mines (THM) as a good example. It may not be the best gold mine project in the world, because it has lower grade and higher cost to build and mine, but it has excellent *leverage* to the gold price. Right now, when the gold price is below $1,300, most investors see little value in it, because it will cost about $1,450-$1,500 per ounce to build the mine and then get its 8 to 12 million ounces of gold out of the ground. So right now the stock price is very, very cheap. But if the gold price is $1,700, suddenly those 8 to 12 million ounces become massively profitable to mine.

Now, I'm not predicting or expecting $1,700 gold in 2018. But if gold even breaks above $1,400 in 2018, for the first time since 2013, more and more investors and traders will begin to prepare for and anticipate $1,500 and $1,700 gold. The money will rush back into stocks like THM. They won't wait for the actual $1,700 gold price, if they see the momentum in that direction.

Keep in mind, I'm not always a gold bug or a gold bull. This past spring, I cautioned people to get out of most junior gold miners. The momentum was weak and the stock prices still had plenty of room to fall. Which they did from September to December. But now I see the sector bottoming, and the stock prices have come back down to bargain values again. So this is the time when I love to be a buyer again. THM is just one example>........

https://seekingalpha.com/article/4134080-gold-modern-world-2018-outlook
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Maurice King Solomon Maurice King Solomon 7 years ago
Statement of filing in july
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RinoM RinoM 7 years ago
What leads you to believe insiders are buying?
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Maurice King Solomon Maurice King Solomon 7 years ago
Man this thing has to be extremely undervalued. Insiders are still buying.
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RinoM RinoM 7 years ago
I am and have averaged down from my original entry point. Manipulated because small sell volumes cause drastic drops while large buy volume is little movement upwards. If you're thinking of entering, proceed with caution as gold has climbed over the past month or so while this ticker has barely moved with it until recently
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Harleyman Harleyman 7 years ago
So are you a current shareholder? Just curious why you think it's manipulation?
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RinoM RinoM 7 years ago
This stock is manipulation at its finest. Takes mountains to move it upwards and no f*********** volume to bring it downwards day after day....
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