Mr. Karl Hanneman reports
INTERNATIONAL TOWER HILL MINES APPROVES 2025 LIVENGOOD GOLD PROJECT WORK PLAN AND FILES 2024 YEAR END FINANCIAL RESULTS
International Tower Hill Mines Ltd. has approved the 2025 work program of $3.7-million. This work will begin metallurgical study of the massive stibnite antimony mineralization at the Livengood gold project, advance the baseline environmental data collection in critical areas of hydrology and waste rock geochemical characterization needed to support future permitting, and continue community engagement.
The company also announced that it has filed its audited year-end financial statements and associated management's discussion and analysis on Form 10-K for the year ended Dec. 31, 2024.
On March 4, 2025, the company announced that it had completed a non-brokered private placement pursuant to which it issued common shares to existing major shareholders to raise gross proceeds of approximately $3.9-million (U.S.). The private placement consisted of 8,192,031 common shares of the company at a price of 48.01 U.S. cents per common share.
Shareholders can obtain copies of the company's audited year-end financial statements and associated management's discussion and analysis and Form 10-K on SEDAR+, EDGAR and the company's website. The company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the company.
About International Tower Hill Mines Ltd.
International Tower has a 100-per-cent interest in its Livengood gold project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.
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