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Corporate
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Mission Statement
International Tower Hill Mines believes that mineral deposit discovery is enhanced through the integrated work of a highly skilled geologic team and endeavors to cultivate and promote the discovery culture within its organization.
Corporate Overview
International Tower Hill Mines Ltd. ("ITH") possesses an expanding portfolio of Alaskan and Nevada based gold and base metal exploration projects. The majority of the Alaska projects were acquired from AngloGold Ashanti (U.S.A.) Exploration Inc. ("AngloGold") as part of a regional program divestment in which ITH acquired all of AngloGold's active exploration properties and assets in the region for a 19.99% equity interest in ITH at the transaction date. In addition, ITH hired key members of AngloGold's North American exploration team to manage its ongoing exploration activities.
The ITH business model offers considerable competitive advantages in the market place by leveraging the significant investment made by AngloGold in the region and properties with the flexibility and aggressiveness of a junior explorer and mine finder.
Corporate Vision
Become a leading Mining Company, supported by a culture of teamwork, innovation and integrity.
Strategy for Enhanced Corporate Performance:
- Maintain majority ownership during critical, high value discovery and definition stage of the process
- Seek alliances with major mining companies for the development of its deposits
- Value creation through mineral deposit discovery
- Achieving the first mover position by utilizing an aggressive exploration strategy that relies on a robust pipeline of quality projects linked to early drilling driven evaluations
- Provide safe working environment
- Fulfill employee's aspirations
- Protect the environment
- Respect cultural values and differences
- Support local communities
- Focus exploration activities in highly prospective, under explored terrain in countries and regions that offer security of tenure and support mineral deposit development
Corporate Standards
Environmental Management
- Ability to implement an Environmental Management System
- Capability to apply high standards of environmental performance
Safety
- Ability to implement a Health and Safety Management System
- Provide training
- Create a safety culture
Expertise
Community Relations
Knowledge of local culture in different areas the Corporation operates
Adhering to all the laws and regulations applicable to its activities, being a good steward of the land and respecting the values and interests of the people and communities in the regions in which it works
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