ITH taps new team to advance Livengood
Original announcement by miningnewsnorth on
- Company
- International Tower Hill Mines Ltd.
- Ticker
- Unavailable
- Exchange
- Unavailable
- Region
- Alaska
- Primary commodity
- Gold
- Secondary commodities
- Antimony
- Document categories
- Resource update, Other
- Extracted
- 2026-09-18 21:24:00 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
International Tower Hill Mines Ltd. has appointed David Wiens as CEO and Shane Parrow as President/COO to advance the Livengood gold project through feasibility and development. The Money Knob deposit contains 13.6 million ounces of gold resources and is currently undergoing feasibility studies, including investigations into antimony recovery.
Reasoning: The appointment of experienced executives (Wiens and Parrow) to lead the transition from exploration to development is a positive corporate milestone for a large-scale gold project.
Positive factors
- Experienced leadership appointments (CEO and COO) with strong operational and finance backgrounds
- Large scale gold resource (13.6M oz) at Money Knob
- Project advancing toward feasibility study
- Potential for antimony byproduct recovery
Facts used in scoring: 2
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document provides updated context and details regarding the existing Livengood resource and reserves.
Evidence · text
“The leadership transition comes as Tower Hill carries out the first phase of a feasibility study”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedLivengood · goldTonnes: 704500000Grade: 0.6Grade Unit: g/tContained Metal: 13.62Contained Unit: mozView all detailsHide details
Identity
- Project
- Livengood
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:c1bf706fc9f686808f7d
- Deposit or zone
- Money Knob
Resource Data
- Category
- indicated
- Tonnes
- 704500000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 13.62
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-31T00:00:00.000Z
Reasoning: Large M&I gold resource reported as part of project context.
Positive factors
- Large scale resource
Evidence · text
“704.5 million metric tons of measured and indicated resources averaging 0.6 grams per metric ton (13.62 million oz) gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableLivengood · goldTonnes: 430100000Grade: 0.65Grade Unit: g/tContained Metal: 9Contained Unit: mozView all detailsHide details
Identity
- Project
- Livengood
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- reserve
- Resource group id
- resource:ebffe7f459578fadb680
- Deposit or zone
- Livengood
Resource Data
- Category
- probable
- Tonnes
- 430100000
- Grade
- 0.65
- Grade Unit
- g/t
- Contained Metal
- 9
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-31T00:00:00.000Z
Reasoning: Significant gold reserves reported from 2021 PFS.
Positive factors
- Significant reserve base
Evidence · text
“430.1 million metric tons of the Livengood resources averaging 0.65 g/t (9 million oz) gold to proven and probable reserves”
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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.