International Tower Hill Mines Announces Appointment of Feasibility Study Team and Launch of Feasibility Study Drilling Program
Original announcement by tmx on
- Company
- International Tower Hill Mines Ltd.
- Ticker
- ITH
- Exchange
- TSX
- Region
- Alaska
- Primary commodity
- Gold
- Secondary commodities
- Antimony
- Document categories
- Other, Metallurgy
- Extracted
- 2026-08-24 05:34:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
International Tower Hill Mines has appointed a technical consortium to conduct a Phase 1 Feasibility Study for the Livengood Gold Project and has commenced core drilling. The program aims to evaluate advanced metallurgical processing options, specifically pressure oxidation (POX), to potentially enhance recoveries given current gold prices.
Reasoning: The company is advancing the Livengood project into a feasibility study phase, mobilizing drilling and a technical team to evaluate metallurgical optimizations (POX) driven by higher gold prices.
Positive factors
- Commencement of feasibility study drilling
- Appointment of experienced technical consortium
- Potential for recovery improvements via POX
Negative factors
- Metallurgical uncertainty regarding POX vs gravity/CIL
Facts used in scoring: 0
Classification and evidence
Resource Updateneutral · Story-specific tag
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document references the existing 13.6 million ounce M&I resource and 9.0 million ounce reserve as the basis for the new drilling program.
Evidence · text
“within the 13.6 million ounce measured and indicated resource, which includes the 9.0 million ounce proven and probably gold reserve”
Extracted facts
Stored fact records: 0. Some facts used in scoring do not have a stored record.
No stored fact records are available for this extraction.
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.