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International Tower Hill Mines Announces Downward Correction to Previously Reported All-In Sustaining Costs
International Tower Hill Mines Announces Downward Correction to Previously Reported All-In...
About this update from International Tower Hill Mines Ltd.
[{"type":"text","content":"\n\n\n\nInternational Tower Hill Mines Announces Downward Correction to Previously Reported All-In Sustaining Costs\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.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: MIDDLE; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen5{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.67em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid\n}\n.prngen6{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpr8{\nPADDING-RIGHT:0.67em\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 8, 2017\n\n\n\nVANCOUVER, March 8, 2017 /CNW/ - International Tower Hill Mines Ltd. (\"ITH\" or the \"Company\") (TSX: ITH; NYSE-MKT: THM) today announced that it has corrected previously reported all- in sustaining costs (AISC) downward to conform with World Gold Council guidance.  The effect of the error was to overstate AISC at $1,263.  As a result of the restatement, the AISC for the Livengood Gold Project (the \"Project\") located near Fairbanks, Alaska, is projected to be $976/oz.\n\nThe results of the Pre-Feasibility Study (the \"PFS\") set forth in a news release on September 8, 2016 and as filed with the NI 43-101 report on October 24, 2016 had included, contrar...