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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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