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International Tower Hill Mines Files 2016 Second Quarter Financial Results
International Tower Hill Mines Files 2016 Second Quarter Financial Results Interna...
About this update from International Tower Hill Mines Ltd.
[{"type":"text","content":"\n\n\n\nInternational Tower Hill Mines Files 2016 Second Quarter 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\nInternational Tower Hill Mines Files 2016 Second Quarter Financial Results\nCanada NewsWire\nVANCOUVER, Aug. 5, 2016\n\n\n\nVANCOUVER, Aug. 5, 2016 /CNW/ - International Tower Hill Mines Ltd.  (the \"Company\") - (TSX: ITH) (NYSE-MKT: THM) today announced that it has filed its unaudited second quarter financial statements and associated Management Discussion and Analysis and Quarterly Report on Form 10-Q for the three-month and six-month periods ended June 30, 2016.\n\nIncluding consideration of the January 2017 derivative payment of USD 14.7 million, the Company's working capital at June 30, 2016 was negative USD 11.9 million.  At June 30, 2016, the Company had a cash balance of $2.9 million which is expected to allow the Company to advance the Livengood Gold Project through 2016.\n\nShareholders can obtain copies of the Company's unaudited second quarter financial statements and associated Management Discussion and Analysis and Form 10-Q on SEDAR at: www.sedar.com, 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.\n\nAbout International Tower Hill Mines Ltd.\n\nInternational Tower Hill Mines Ltd. controls 100% of the Livengood Gold Project that contains 15.7 M oz. of gold (807 MT at 0.61 g/t) measured & indicated and 4.4 M oz. (266 MT at 0.52 g/t) inferred, all at a 0.30 g/t gold cutoff, located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.\n\nOn behalf ofInternational Tower Hill Mines Ltd.\n\n(signed) Thomas E. IrwinChief Executive Officer\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements and forward-looking information (collectively, \"forward-looking statements\") within the meaning of applicable Canadian and US securities legislation.  All statements, other than statements...