Tower Hill tallies Livengood resource

摘要

VANCOUVER--International Tower Hill Mines (ITH-V, THM-X) sees major potential for its flagship Livengood project, in Alaska, now that an initial resource estimate has outlined a significant gold deposit in the Money Knob zone. An independent study shows the zone holds 181 million inferred tonnes grading 0.54 gram gold per tonne for about 3.1 million contained ounces, using a 0.3-gram gold cutoff grade. The inferred resource is within a 2-sq.-km section of the zone and based on 39 drill holes (averaging 212 metres in depth) and seven trenches - each about 60 metres in length.