International Tower Hill Mines Appoints Consortium for Livengood Gold Project Feasibility Study

MT Newswires Live

May 13

International Tower Hill Mines (THM) said Wednesday that it has awarded contracts to a consortium of BBA Consultants USA, Hatch, Newfields Mining Design and Technical Services, among others, for the phase 1 feasibility study of its Livengood Gold Project in Alaska.

Core drilling to support the feasibility study has commenced, the company said, adding that Alaska-based contractor Alloy Drilling has mobilized two rigs to Livengood and has begun drilling its initial large-diameter PQ-sized core holes.

Shares of International Tower Hill Mines were down 4.6% in early Wednesday trading.

Price: 2.72, Change: -0.12, Percent Change: -4.26

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