International Tower Hill Mines Stock Price, News & Analysis

International Tower Hill Mines Ltd. (NYSE: THM) has filed its unaudited financial results for Q3 2021, reporting a working capital of US$8.3 million as of September 30, 2021. The company provides access to its financial statements and analysis on SEDAR, EDGAR, and its official website. International Tower Hill holds a 100% interest in the Livengood Gold Project located in Alaska.

International Tower Hill Mines Ltd. (THM) announced positive results for its Livengood Gold Project following a Pre-Feasibility Study (PFS), which indicates an impressive 13.6 million ounces of gold resources, making it the largest independent gold-only resource in North America. The project is projected to produce 306,200 ounces of gold per year over a 21-year mine life, significantly de-risking the venture. The PFS estimates capital costs at US$1.93 billion and operating costs at US$1,171 per ounce, with an after-tax NPV ranging from US$400 million to US$2.3 billion based on gold prices.

International Tower Hill Mines Ltd. (TSX: ITH, NYSE American: THM) has filed its unaudited second quarter Financial Statements and Management Discussion and Analysis for the period ended June 30, 2021. As of the same date, the company has a working capital of US$10.2 million. Shareholders can access the reports on SEDAR, EDGAR, and the company's website. The firm holds a 100% interest in the Livengood Gold Project located in Alaska.

International Tower Hill Mines Ltd. (THM) held its Annual General and Special Meeting on May 25, 2021, in Fairbanks, Alaska. Shareholders elected directors, including Anton Drescher and Karl Hanneman, with significant support (99.78% for Hanneman). They re-appointed Davidson & Company LLP as auditors for 2021 and approved amendments to the Company's Articles. Additionally, shareholders endorsed executive compensation with 91.52% approval. The detailed voting results will be available on SEDAR and the Company’s website.

International Tower Hill Mines Ltd. (THM) announced its unaudited financial results for the first quarter of 2021, ending March 31. The company reported a working capital of US$11.7 million. Shareholders can access the financial statements and management discussion on SEDAR, EDGAR, and the company's website. The company holds a 100% interest in the Livengood Gold Project located near Fairbanks, Alaska.

International Tower Hill Mines Ltd. (THM) has filed its audited Year-End Financial Statements for the year ended December 31, 2020, reporting working capital of US$12.7 million. The company set a 2021 budget of $5.6 million, focusing on an updated Pre-Feasibility Study for the Livengood Gold Project, scheduled for release in October 2021. Shareholders can access the documents via SEDAR and EDGAR or request hard copies directly.

International Tower Hill Mines Ltd. (THM) announced its 2021 budget of US$5.6 million to advance the Livengood Gold Project. The focus is on completing the Pre-Feasibility Study (PFS) by October 2021, initiated in July 2020, with consultancy from BBA, Inc. and specialized support from various firms. Following a US$10.3 million financing from an At-The-Market offering, the company holds a working capital of US$13.1 million as of September 30, 2020. CEO Karl Hanneman emphasized the strong motivation to leverage the 11.5 million-ounce gold resource as the market remains robust.

International Tower Hill Mines Ltd. (THM) has successfully raised US $10.3 million through its At-The-Market offering with B. Riley Securities. The company issued 7,334,513 common shares at an average price of $1.40 each. Proceeds will be allocated towards working capital, the completion of the Pre-Feasibility Study for the Livengood Gold Project, and environmental studies. The successful financing secures sufficient funding to advance the project optimally. Following the offering, the total shares outstanding are 194,908,184.

International Tower Hill Mines Ltd. (THM) announced a webinar on September 9, 2020, to discuss significant shareholder participation in an At-The-Market (ATM) financing of $10.3 million. Major shareholders contributed $7.9 million at a share price of $1.40. CEO Karl Hanneman emphasized that this funding secures capital for the Pre-Feasibility Study (PFS) of the Livengood Gold Project in Alaska, enhancing market exposure by partnering with B. Riley while minimizing shareholder dilution.