International Tower Hill Mines / ITH,THM (TSX,ASE)

International Tower Hill Mines announced on September 18 that it has closed the second tranche of its previously announced non-brokered private placement financing of common shares to raise total gross proceeds of $29.6 million.

Outlook

The Feasibility Study [FS] for the Livengood project is currently underway and scheduled to be released in the first half of 2013. During the first quarter of 2012, the company selected Samuel Engineering, Inc. of Greenwood Village, Colorado, to provide process engineering services for its FS.

My analysis

The stock has met its bearish $2.5 price target from the Point and Figure chart. I believe the next major catalyst for the stock will be the Feasibility Study results due in the first half of 2013. I believe the stock could be a good pick in the anticipation of the results.

http://seekingalpha.com/articl…pment-stage-gold-deposits

November 07, 2012 18:24 ET

International Tower Hill Provides an Update on the Livengood Gold Project

http://www.marketwire.com/pres…oject-tsx-ith-1723085.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 7, 2012) - International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH)(NYSE MKT:THM)(FRANKFURT:IW9) is pleased to provide an update on its 100% owned Livengood Gold Project.

The Company has successfully completed within budget its critical path 2012 geotechnical drilling program, totaling 199 holes, 15,731 meters utilizing core, sonic, and auger drilling methods. The drilling program evaluated facility sites to obtain the technical information required for use in sub-arctic engineering design. The pump testing of the large diameter water wells required for hydrogeological modeling was also successfully completed. Metallurgical test work and engineering studies are on-going to advance the feasibility study, which is on schedule for release in the first half of 2013.

The Company's recently appointed CEO, Don Ewigleben , stated: "Over the past month I have been very encouraged by the progress being made. We will continue working on engineering for the next several months and we are on-track for completing the Feasibility Study in the first half of 2013. I am extremely pleased that the 16 million ounce plus gold deposit is on schedule for feasibility study completion, permitting and construction due to the world-class project team in place."

The Company is aggressively advancing the Feasibility Study and all scenarios are under consideration to optimize the economics of the project, including considering a future strategic alliance to assist in further development and construction costs while adding value for our shareholders.
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Eine Nachricht die interessant ist!!
Das Deposit ist einige KM östliich vom Kern von Money Knob.

Liberty Gold Corp. Reports On International Tower Hill's New High-Grade Gold Intercepts On Adjoining Livengood Property

PHOENIX, Oct. 1, 2012 /PRNewswire/ -- Liberty Gold Corp. (OTCBB: LBGO; "Liberty Gold" and/or "the Company") is pleased to report on International Tower Hill's (ITH) August 21, 2012 announcement of new, high-grade gold intercepts surrounding ITH's main deposit at its Livengood Gold Project in Alaska. ITH's Livengood Property immediately adjoins the western side of Liberty Gold's 4,620-acre McCord Creek Property. The Money Knob deposit on ITH's Livengood Property represents a resource estimate of 16.5 million ounces (Moz) Measured & Indicated at 0.22 grams per tonne cut-off (see ITH website for complete disclosure), making it one of the largest gold deposits discovered in 20 years.

The latest ITH drill results were from a non-exploration directed drill program involving 45 geotechnical and condemnation drill holes in the Livengood project area. According to ITH's August 21, 2012 news release, assay results from four of the holes drilled returned multi-gram gold intersections (intercepts were calculated using a 0.25 g/t gold cutoff and a maximum of 3 meters of internal waste). ITH stressed that, since the new gold intersections are located well outboard of the main deposit, the results indicated the significant exploration potential of the Livengood district scale gold system while highlighting the potential for further bulk tonnage and high-grade discoveries on the property. ITH Interim CEO, Jeff Pontius, commented in the news release: "It is clear that the Livengood gold system is a District scale gold discovery with significant future potential."

http://www.finanznachrichten.d…ivengood-property-008.htm

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Lundin says hold Int'l Tower Hill

International Tower Hill Mines Ltd
(C:ITH)
Shares Issued 98,068,638
Last Close 11/9/2012 $2.39
Monday
November 12 2012 - In the News

Brien Lundin, in the October, 2012,
edition of the Gold Newsletter, says hold International Tower Hill Mines Ltd.,
recently $2.68. Mr. Lundin said buy three times between January, 2009, and
April, 2010, at prices ranging from $1.46 to $5.85. He said take some profits --
perhaps sell half -- in September, 2010, at $6.65. Assuming a $1,000 investment
for each buy, selling half the $3,000 position at $6.65 yielded a $2,232 profit.
Mr. Lundin said buy again in April, 2011, at $9.25. Assuming a $1,000 investment
at $9.25 and taking into account the $1,500 investment left after the half sale,
the $2,500 position is now worth $1,806. International Tower Hill has appointed
its chairman, Donald Ewigleben, as president and chief executive officer. Mr.
Lundin likes this. Mr. Ewigleben was CEO of Uranium Resources and AngloGold
Ashanti North America. He also worked on permitting and development for the Fort
Knox mine in Alaska, 60 miles southeast of Tower Hill's Livengood project. The
editor says large, low-grade projects such as Livengood will likely attract
major miners as the gold bull market continues. Recently Tower Hill raised
$29.6-million in a private placement of shares at $2.59. Mr. Lundin says hold
the stock for now.

Paulson's Paulson & Co. Remains Mum on Gold in Q3; Likes Pharmas Again, Drops Out of Viacom

John Paulson's Paulson & Co. hedge fund made some notable moves through the third-quarter of 2012. Paulson got soft on gold, selling some of his holdings in miners while simply maintaining stakes in SPDR Gold Trust, Agnico-Eagle, and others. The move on gold appears to be a good one, with the metal and stocks tied to the value having a rough October into November. Gold December contracts last traded to the lower-end of $1,700 per ounce, from highs near $1,800 per ounce at the end of September.

Paulson appears to be favoring pharma companies, communications, and entertainment, adding stakes of MetroPCS, Leap Wireless, and Jazz Pharma, while boosting AMC Networks, Gaylord Entertainment, and Life Technologies holdings. He also shifted out of Viacom, no doubt due to waning interest in "Jersey Shore."

Finally, Paulson exited Baxter and JPMorgan, two steadfast names. JPMorgan showed some peaking at the end of the quarter, while Baxter has made a little run higher since.

New Stakes
Amerigroup Corp. (NYSE: AGP) new 1,000,000 share position
Jazz Pharmaceutical (Nasdaq: JAZZ) new 1,000,000 share position
Leap Wireless International, Inc. (Nasdaq: LEAP) new 7,011,400 share position
MetroPCS Communications (NYSE: PCS) new 23,800,000 share position
Nexen, Inc. (NYSE: NXY) new 6,050,000 share position
Par Pharmaceutical Cos., Inc. (NYSE: PRX) new 615,000 share position
Robbins & Myers, Inc. (NYSE: RBN) new 1,000,000 share position
Shire pic (Nasdaq: SHPG) new 121,590 share position

Raised Stakes
AMC Networks (Nasdaq: AMCX) raised from 5,750,000 shares to 5,930,000 shares
Equinix, Inc. (Nasdaq: EQIX) raised from 1,013,600 shares to 2,100,000 shares
Gaylord Entertainment Co. (NYSE: GET) raised from 2,000,000 shares to 3,800,000 shares
GenOn Energy (NYSE: GEN) raised from 31,571,989 shares to 44,071,989 shares
Grifols, S.A. (Nasdaq: GRFS) raised from 107,575 shares to 374,088 shares
Hillshire Brands (NYSE: HSH) raised from 2,963,808 shares to 4,260,366 shares
International Tower Hill Mines (NYSE: THM) raised from 5,103,500 shares to 8,949,654 shares
Life Technologies Corporation (Nasdaq: LIFE) raised from 4,977,792 shares to 13,513,800 shares
Post Holdings (NYSE: POST) raised from 830,300 shares to 1,230,300 shares

>>> http://www.streetinsider.com/1…775.html?si_client=intbro

International Tower Hill outlines development path for "world class" Livengood in 2013
9:31 am by Deborah Bacal

... "The exceptionally large and strategically located Livengood gold deposit has a spectrum of development opportunities and ITH is focused on optimizing those opportunities to meet the challenges of today's market," said president and CEO, Donald C. Ewigleben after his initial two months on the job.

International Tower Hill Mines' (TSE:ITH)(NYSE MKT:THM) new CEO updated shareholders Wednesday on its Livengood project in Alaska, assuring investors that the asset has "tremendous potential" to generate shareholder value.

...

"Livengood is truly a world class gold opportunity that we believe will be developed and ITH owns 100% of this quality asset.

"The development path for this deposit will be clearly defined by the ongoing metallurgical testwork and project optimization process, the results of which will be incorporated into the Feasibility Study (FS) scheduled for completion by mid-2013."

Next year, International Tower Hill will focus on determining the most cost effective and feasible development path for the project, which has 933 million tonnes of measured and indicated resources at an average grade of 0.55 grams per tonne (g/t) gold, for 16.5 million contained ounces, at a 0.22 g/t gold cut off.

...

A large portion of the metallurgical testwork has also been completed, with final results expected in the fourth quarter, ITH said, adding that the work will define the anticipated process flowsheet and recovery rates to be incorporated in the definitive feasibility study.

The company has also made key land acquisitions as well as infrastructure and logistical assessments for integration into different development scenarios, and has made initial contacts for potential project financing.

International Tower Hill noted that it not only offers "unprecedented leverage to gold", currently trading at around $13 per contained measured and indicated ounce, but the project is also located in one of the most stable mining regions in the world.

"Its access to a well-developed infrastructure network, experienced development team and strong local support truly makes the project unique among the near-term, undeveloped, mega gold deposits still controlled 100% by a junior," it said in the statement.

Ewigleben said the company believes this will attract a strategic partner to help build the resource into a "world class mine".

http://www.proactiveinvestors.…ews/37878/international-t

December 11, 2012 08:00 ET

International Tower Hill Announces Positive Metallurgical Test Work Results on its Livengood Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2012) -
International Tower Hill Mines Ltd. ("ITH" or the "Company")
(TSX:ITH)(NYSE MKT:THM)(FRANKFURT:IW9) is pleased to provide positive
results from the metallurgical test work on its 100% owned Livengood
Project located in Alaska.

Metallurgical studies have determined that the gold recovery
for the four key rock types that comprise the majority of the Livengood
Gold resource will range between 77 and 88 percent. A substantial
portion of the early production at Livengood is expected from these rock
types.

The study program included tests to first determine the
gravity recoverable gold, and then evaluated two alternative mill flow
sheets for processing of the gravity tailing. The tests showed a robust
gravity recovery of between 43 and 55 percent. The gravity recovery,
total gravity/flotation/concentrate Carbon-in-Leach (CIL) recovery, and
the total gravity/whole ore CIL recovery by major rock type are outlined
below:
http://www.marketwire.com/pres…ngood-tsx-ith-1736002.htm

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Orderbuch wird immer besser!

BID wird weiter hochgezogen!Plus 3.38%.

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Könnte mit 2.47 Cad starten. Orderbuch bis jetzt top! 73 K im BID auf der 2.40 Cad.

Nach gestrigem guten Start und Gewinnmitnahmen auch bei anderen Werten, gehts wieder hoch.

Gutes Orderbuch!

Der Druck kam zum Ende des Jahres über die Amex, da auch Fonds ihre Gewichtung anpassen mussten!

Interessant, dass nur Canada seit Tagen aktiv handelt. Die US Boys die zum Jahresende
TAX Loss Selling an der AMEX betrieben haben gehen den intellenten Umweg über Canada!!
An der AMEX wird nur das Orderbuch seit 14 Tagen geschoben!

Ordentliches Orderbuch. Aktuell wieder 2.40 Cad,plus 2.13%.

Nun ja Kinross ist 50 km nördlich, und das ist eine grosse Mine! Ich vermeide eigentlich ganz gerne Meinungen und orientiere mich lieber an Charts.
Allerdings und das ist keine Meinung sondern eine Feststellung, Infrastruktur ist einer mittlerweile einer der grössten Kostenfaktoren, Grades sind nicht immer die entscheidende Grösse.
Alaskapipeline, gedachte Gaspipeline, Alaska Highway sind hier Pluspunkte! Zumal bei open pit!
Bei ITH hat eigentlich mehr das frühere Management für Irritationen gesorgt!Thema Placer Gold gewinnung am Rande des Geländes und der Landkauf dazu!
Dazu haben andere Explorer sich um ITH herum stakes gesichert!!

PHOENIX, Oct. 1, 2012 /PRNewswire/ -- Liberty
Gold Corp. (OTCBB: LBGO; "Liberty Gold" and/or "the Company") is pleased to
report on International Tower Hill's (ITH) August 21, 2012 announcement of new,
high-grade gold intercepts surrounding ITH's main deposit at its Livengood Gold
Project in Alaska.

Heisst im Umkehrschluss, Explorer mit höheren Grades aber unter 5 Mio. Unzen dürften es auch bei dem aktuellen Goldpreis schwer haben zur Mine zu laufen.
Ohne Infrastruktur schon garnicht!

Schau Dir mal an auf welchem Breitengrad Detour Gold gerade eine Mine an den Start bringt!
Brent Cook als Geologe hat sich zum Thema mal sehr klar geäussert.
ITH ist Bulk Tonnage, vom Gelände sind gerade mal ca. 18% erbohrt!
The company has also made key land acquisitions as well as infrastructure and
logistical assessments for integration into different development scenarios, and
has made initial contacts for potential project financing.
Meldung Ausschnitt vom 28.11.12 vom Ceo Ewigleben!

ITH orientiert sich zudem am Goldgewinnungsverfahren von Kinross und deren Erfahrungen!
Heap Leach versus Milling in Relation zu den Temperaturen und notwendigen Umweltgenehmigungen!

In diesem Sinne ein schönes Wochenende!