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August 16, 2010
New Livengood PEA doubles mine life, production
International Tower Hill Mines' (ith-t) Livengood project near Fairbanks, Alaska, could produce half a million ounces of gold annually for 21 years, according to a new and improved preliminary economic assessment (PEA). Tower Hill completed a PEA for Livengood last year, but that study only assessed the potential to turn the oxide portion of the deposit into a heap-leach operation. Now, the company has incorporated the large sulphide gold deposit into the economic study by adding a large milling... (64 KB) |
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June 27, 2010
Tower Hill aims to spin out new explorer
http://www.petroleumnews.com/pnfriends/500232795.shtml
Corvus Gold, led by exploration VP at Livengood, will tackle 2010 exploration in Alaska, Nevada after shareholders vote in July
Shane Lasley
Mining News
Corvus Gold Inc., a Vancouver B.C.-based junior company being formed to explore International Tower Hill Ltd.'s early stage properties, will initially hold... (12 KB) |
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June 27, 2010
Alaska gold project swells to 13.3M ounces
http://www.petroleumnews.com/pnfriends/183046086.shtml
Tower Hill spins out exploration properties, adds to operations team as it studies building world-class mine at Livengood
Shane Lasley
Mining News
International Tower Hill Mines Ltd. is taking long strides in advancing its 13.3-million-ounce Livengood gold project toward becoming a world-class mine.
... (8 KB) |
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June 11, 2010
International Tower Hill Mines puts together Livengoood team
http://www.alaskajournal.com/stories/061110/loc_ith.shtml
International Tower Hill Mines is starting to put together its team to manage development of the company's Livengood gold project north of Fairbanks, beginning with recruitment of a veteran Alaska mine development manager, Karl Hanneman, to be project manager.
Hanneman, formerly with Teck Alaska, joined ITH June 1.
Th... (4 KB) |
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May 14, 2010
International Tower Hill Mines featured in Canadian Business Journal
To view the digital brochure (1 KB) |
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December 03, 2009
Alaska officials are happy to be Livengood
NWMA MEETING AND EXHIBITION
Alaska officials are happy to be Livengood
Alaska officials, including nine members of the state legislature, are thrilled with the district-wide potential of International Tower Hills' Livengood gold project.
Author: Dorothy Kosich
Posted: Thursday , 03 D... (4 KB) |
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October 26, 2009
Livengood resource hits 12M oz for Tower Hill
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August 15, 2009
New mineral zone discovered at Livengood this summer
http://www.alaskajournal.com/stories/081509/nat_15_001.shtml
Cited by many as the bright spot in Alaska's mining industry this year, the Livengood gold exploration project in Interior Alaska continues to grow in size and level of activity.
In June, drill crews began working northeast of the main area where recent exploration activity has centered by prospector International ... (5 KB) |
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July 13, 2009
Livengood resource tops 10 million oz. gold
(70 KB) |
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June 22, 2009
New Livengood gold mine could be another Fort Knox
http://newsminer.com/news/2009/jun/22/new-livengood-gold-mine-could-be-another-fort-knox/
FAIRBANKS --- An exploration company plans to spend around $8 million firming up data on a gold deposit near Livengood that it said could prove up on par with Fort Knox.
International Tower Hills president and CEO Jeff Pontius said he expects to release a re... (4 KB) |
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May 21, 2009
ITH: Article in Exploration and Processing
(2929 KB) |
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April 03, 2009
Drillers struggle with sub-zero temps at Livengood mine
LIVENGOOD - Jim Downey and Dan Lien spent one early March afternoon on a sub-zero, windy day working to free a section of frozen drill pipe at the hillside drill pad overlooking the Elliott Highway.
The two drillers' helpers, part of the Butte, Mont.-based AK Drilling Inc. crew running a reverse circulation rig at the Livengood... (6 KB) |
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February 16, 2009
There's gold in them there hills
Alaska is a land rich with resources. Possessing the resources has never been our problem. Our state's battle to get our resources to market has come with fighting the anti-development crowd.
Further proof we are a resource rich state surfaced recently with news the Livengood gold project just north of Fairbanks could hold as much as 10 million ounces of microscopic gold in the host rock. That represents a 70 per cent increase in expectations for the prospect. Explorers announced the new esti... (3 KB) |
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February 16, 2009
Livengood grows to 6.8M oz. gold for Tower Hill
Vancouver --- With its Livengood project, 110 km north of Fairbanks, Alaska, International Tower Hill Mines (ith-v, thm-x) already had a significant gold deposit amenable to bulk-tonnage heap leaching with highway access and nearby grid power. Now, a new resource estimate has boosted the gold count at Livengood by 70% and the company's shares are trading near an alltime high.
Livengood now boasts an indicated resource of 128.6 million tonnes grading 0.83 gram gold per tonne, as well as... (1486 KB) |
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February 13, 2009
Livengood may contain nearly 10 million ounces of gold
Web posted Friday, February 13, 2009
By Patricia Liles
For the Journal
Explorers of the Livengood gold project released new mineral resource estimate based on 2008 drilling, indicating the parcel contains nearly 10 million ounces of microscopic gold in the host rock.
According to data released in late January, based on 173 drill holes and 10 trenches completed during the 2008 exploration season, Livengood's current estimates of indicated and inferred mineral resources contain a ... (6 KB) |
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January 31, 2009
Huge gold discovery is made north of Fairbanks
ESTIMATE: Amount of precious metal could be up to 10 million ounces.
The Associated Press
Published: January 31st, 2009 12:32 AM
Last Modified: January 31st, 2009 12:32 AM
FAIRBANKS -- A gold discovery north of Fairbanks is among the largest worldwide in 10 years, said a mining exploration company.
International Tower Hill Mines Ltd. updated its reserves estimate on land about 70 miles north of Fairbanks.
The new estimate puts the size of the Livengood deposit at 5 million o... (4 KB) |
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January 07, 2009
Dow Jones Newswire Article
VANCOUVER (Dow Jones) --The precious-metal mining sector needs more mid-tier players built along the lines of a Detour Gold Corp. (DGC.T), Osisko Exploration Ltee (OSK.T) or Allied Nevada Gold Corp. (ANV.T) - three companies each sitting on a resource in excess of 4 million ounces of gold.
What's more, these three mid-tiers have market caps of between C$300 million and C$700 million. That's the kind of valuation institutional investors like, because holding one stock with decent capita... (18 KB) |
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October 13, 2008
Livengood gets bigger for Tower Hill
Vancouver --- The latest set of drill results from International Tower Hill Mines' (ith-v, thm-x) Livengood property, about 120 km northwest of Fairbanks, Alaska, has expanded the Core zone mineralized area by 50% along strike and by 200-400 metres in width.
The drilled mineralized area is now 1.5 km long and 500-900 metres wide. Recent drilling expands the Core zone to the southeast, where it remains open at depth and along strike to the south and east. (1346 KB) |
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September 22, 2008
Tower Hill hits more gold at Livengood
Vancouver --- The Livengood property continues to return long, low-grade intercepts for International Tower Hill Mines (ith-v, thm-x) in Alaska.
"Livengood is living good," president and CEO Jeffrey Pontius says, despite Tower Hill's share price sliding 11¢ to close at $1.37 on the news.
About two months ago, Tower Hill drilling cut as much as 200 metres grading 1.38 grams gold per tonne starting 11 metres below surface.
And now the company has another long one almost as good. ... (55 KB) |
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July 14, 2008
Livengood results lift International Tower Hill
Vancouver --- A long, well-mineralized intercept from its Livengood gold project
in Alaska had International Tower Hill Mines (ith-v, thm-x) up as much as 35% in recent trading.
Results from the first seven holes drilled this year at Livengood include
199.6 metres grading 1.38 grams gold per tonne starting at just 10.7 metres
depth. The long interval, in hole 8, included a shorter 30.5-metre section of
4.11 grams gold. An infill hole, hole 8 was collared near the southeast corner
of the ... (238 KB) |
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February 25, 2008
Tower Hill tallies Livengood resource
Vancouver --- International Tower Hill Mines (ith-v, thm-x) sees major potential for its flagship Livengood project, in Alaska, now that an initial resource estimate has outlined a significant gold deposit in the Money Knob zone.
An independent study shows the zone holds 181 million inferred tonnes grading 0.54 gram gold per tonne for about 3.1 million contained ounces, using a 0.3-gram gold cutoff grade. The inferred resource is within a 2-sq.-km section of the zone and based on 39 drill hol... (366 KB) |
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October 29, 2007
Tower Hill finds niche with AngloGold's Alaska portfolio
Assembling a decent portfolio of exploration projects in a region as vast and remote as Alaska can be an expensive and protracted task. International Tower Hill Mines (ith-v, thm-x), however, managed to become one of the top explorers in Alaska almost overnight - the benefit of being in the right place when one of the world's larger gold companies decided to unload its area assets.
AngloGold Ashanti (au-n, agd-l), which did just that in mid-2006 to focus instead on exploration and development... (2982 KB) |
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September 09, 2007
International Tower digs into new Alaska ore prospects
Vancouver, B.C.-based International Tower Hill Mines Ltd. is tackling some recently acquired gold, copper-gold and base metals prospects this summer as part of its $7.5 million exploration spending plan in Alaska this year.
International Tower acquired nine exploration properties in Alaska last year, totaling 164 square miles, in a deal with AngloGold Ashanti. The mining giant vended its interest in the properties to International Tower and in turn received 19.99 percent of the issued shares ... (15 KB) |
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February 13, 2007
Alaskan Gold
LONDON ( ResourceInvestor.com ) -- Although exploration company International Tower Hill Mines [TSXv: ITH ; OTCBB: ITHMF ] is now several years old it underwent a significant transformation and expansion six months ago when it raised finance to complete the acquisition of AngloGold Ashanti's [NYSE: AU ] integrated exploration programme in Alaska. This comprised the acquisition of 100% of seven of Anglogold's projects, an option to acquire a 60% share in two of its more advanced projects, its e... (310 KB) |
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October 29, 2006
Alaska Range prospects drawing attention
One of the hot prospecting plays in the remote Alaska Range region near Rainy Pass is finally coming to public light, thanks to some junior exploration companies and geological consulting groups staking a significant amount of mining clai ms in recent months.
Kennecott Exploration, a division of the international mining company Rio Tinto, has quietly been working on its Whistler copper-gold project in the Rainy Pa ss region for several years and is considered by many to be one of the big draw... (18 KB) |
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October 29, 2006
ITH active in Alaska following handover from AngloGold
A significant grassroots gold prospector in Alaska since 2000, AngloGold Ashanti this summer optioned its eight Alaska properties totaling 164 square miles of mining claims or leases to International Tower Hill Mines Ltd., a Vancouver, British Columbia-based junior exploration company.
The deal, announced June 14, includes four properties northeast of Delta Junction near the Pogo gold mine, two properties east of Fairbanks, one in Livengood, and one near Rainy Pass in the Alaska Range. A 47-s... (17 KB) |
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