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International Tower Hill Mines Announces 2019 Work Program and Files 2018 Year-End Financial Results
International Tower Hill Mines Announces 2019 Work Program and Files 2018 Year-End Financi...
About this update from International Tower Hill Mines Ltd.
[{"type":"text","content":"\n\n\n\nInternational Tower Hill Mines Announces 2019 Work Program and Files 2018 Year-End Financial Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 15, 2019\n\n\n\nVANCOUVER, March 15, 2019 /CNW/ - International Tower Hill Mines Ltd. (the \"Company\") - (TSX: ITH) (NYSE American: THM) today announced that its Phase 12 metallurgical program has begun at SGS in Vancouver, B.C. This work is part of the 2019 budget of $3.7 million approved by the Board on November 1, 2018 and will build upon the metallurgical studies undertaken in 2018 to continue to define and refine the project flowsheet. Approximately 2,000 kg of samples will be processed in 2019 to evaluate optimum grind size and to determine whether different recovery parameters should be applied to different areas of the orebody. The engineering firm of BBA Inc. has been retained to continue to guide the metallurgical program. Work is also planned to advance environmental baseline efforts needed to support future permitting.\n\"The 11.5 million ounce gold resource at the Livengood Gold Project is in a great jurisdiction and is highly leveraged to the price of gold. Our stock has responded to the recent strengthening of the gold price and our 2019 work program will continue to focus on optimization that will help us prepare to advance the best possible project toward future permitting,\" said Karl Hanneman, CEO.\nThe Company also today announced that it has filed its audited Year-End Financial Statements and associated Management Discussion and Analysis (MD&A) on Form 10-K for the year ended December 31, 2018. As of December 31, 2018, the Company had working capital of $9.9 million.\nShareholders can obtain copies of the Company's audited Year-End Financial Statements and associated MD&A and Form 10-K on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on the Company's website at www.ithmines.com. The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.\nAbout International Towe...