#Canada #Vancouver #antimony study #Livengood Gold #Tower Hill Mines

International Tower Hill Mines Plans for Livengood Gold Project

Overview
International Tower Hill Mines Ltd. (TSX: ITH; NYSE American: THM), based in Vancouver, BC, has taken significant steps towards advancing the Livengood Gold Project. On March 12, 2025, the company announced its approval for a detailed work program budgeted at $3.7 million for 2025, focusing on further studies and community engagement.

Key Objectives
The approved work plan aims to conduct metallurgical studies on large stibnite antimony mineralization present at the Livengood site. This undertaking is critical as it will provide essential data required for the environmental assessment processes needed for future permitting. Additionally, the company intends to continue baseline environmental data collection, specifically targeting hydrological assessments and waste rock geochemical characterization.

Financial Highlights
In conjunction with the work plan announcement, International Tower Hill Mines also disclosed its audited Year-End Financial Statements for the fiscal year concluded on December 31, 2024. This financial report provides insights into the company’s performance and reflects its growth trajectory amidst challenges faced by the mining sector.

Private Placement Fundraising
On March 4, 2025, the company successfully completed a non-brokered private placement worth approximately $3.9 million. This initiative involved issuing 8,192,031 common shares at a price of $0.4801 each to current major shareholders. The funds raised will contribute to the company’s operational and project development efforts, including their work on the Livengood project.

Accessing Company Information
Shareholders and interested parties can find the audited Year-End Financial Statements and associated Management Discussion and Analysis on multiple platforms. This includes SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov, along with the company's official website, www.ithmines.com. Furthermore, the company has made arrangements to provide hard copies of these documents for shareholders upon request.

About the Company
International Tower Hill Mines Ltd. prides itself on holding a 100% interest in the Livengood Gold Project, strategically located along the paved Elliott Highway, approximately 70 miles north of Fairbanks, Alaska. This project's significance in the region's economic landscape is underscored by its contributions to job creation and resource development.

Future Prospects
As the company moves forward with its plans, community engagement remains a priority. Open lines of communication are crucial as International Tower Hill Mines seeks to work collaboratively with local stakeholders. This not only enhances transparency but also fosters trust and support for the project’s anticipated impacts.

In summary, the forthcoming work at the Livengood Gold Project, coupled with a solid financial backing and commitment to environmental stewardship, positions International Tower Hill Mines for considerable advancement in the mining industry. The combination of rigorous studies, community connections, and financial stability will be vital for future success.