International Tower Hill Mines Ltd. · TSX:ITH
International Tower Hill Mines — Investor Presentation (November 2011)
21 slides from International Tower Hill Mines's investor presentation, Nov 23, 2011
Slide 1: Corporate Presentation November 2011
Corporate Presentation November 2011
Slide 2: Forward-Looking & Cautionary Statements
Forward-Looking & Cautionary Statements This presentation 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 of historical fact
Slide 3: Corporate Goal
Corporate Goal International Tower Hill is committed to advancing into production one of the largest undeveloped gold deposits in the world: The Livengood Gold Deposit Ranking in the top 2% of global gold deposits found, the project is also located in one of the world’s most desirable mining jurisdi
Slide 4: Mining and Mineral Exploration in Alaska
Mining and Mineral Exploration in Alaska Fraser Institute 2010/2011 Survey of Mining Companies Findings: Alaska ranks No. 1 for “Policy and Mineral Potential Assuming no land use restrictions in place” in the U.S.A. Alaska ranks No. 2 for “Current Mineral Potential” and “Political Stability” in the
Slide 5: Livengood: Ideal Location for Mining
Livengood: Ideal Location for Mining • 100% Control of Livengood Gold Project Prudhoe Bay • +20Moz MI+I resource among largest discoveries in 20 years • Expanding resource and new district-wide discovery potential • 90 years of placer mine history • Located 70 Miles NW of Fairbanks, Alaska • Alaska
Slide 6: Livengood Surface Mine Mineral Resource
Livengood Surface Mine Mineral Resource Livengood Property Package Livengood Surface Mine Mineral Resource based on $1,400/oz Gold Au Cutoff Tonnes Classification Au (g/t) Million Ounces Au (g/t) (millions) Measured 0.22* 676 0.56 12.2 Current Gold Indicated 0.22* 257 0.52 4.3 Resource Area M&I 0.22
Slide 7: Significant Resource Growth Potential
Significant Resource Growth Potential Greater than 0.5 g/t gold resource • Looking down on the Grade between 0.3 - 0.5 g/t gold resource deposit, this model illustrates the thickness, size and distribution of the gold resource at various cutoff grades • Current surface mine design captures almost th
Slide 8: FY2012 Drilling Programs and Budget
FY2012 Drilling Programs and Budget 1) Resource Growth Drill Program: $7.5 Million, 28,000-metre deposit focused infill/resource expansion drill program to test lateral and depth expansion potential 2) Geotechnical Drill Program: $3.9 Million, 10,800-metre to determine ideal locations for site facil
Slide 9: Livengood 2011 PEA – Production Summary
Livengood 2011 PEA – Production Summary Surface Mine Gold Production 750Mt @ 0.66 g/t for 15.8Moz Avg. Gold Recovery 81.6% Total Recovered Gold 12.9 Moz Avg. Annual Gold Production 562,000 oz Life of Mine 23 years LOM Mining Rate 192,000 tonnes per day Overall Strip Ratio 1.19:1 (overburden to ore)
Slide 10: Cash Cost and Production Profile
Cash Cost and Production Profile Gold Production (‘000s oz) Cash Costs (US$) Years in Production 10 10
Slide 11: Livengood PEA – CAPEX/OPEX
Livengood PEA – CAPEX/OPEX Costs Costs per Initial Capital Cost Items Operating Cost Items Process (millions) Mining $271.4 Tonne Processing Plant $499.8 Mining Cost $3.87 Infrastructure and Tailing Management $203.9 Mill Processing Cost $6.81 Other (Owner’s Cost, EPCM, Indirect costs etc.) $315.9 G
Slide 12: Livengood PEA Financial Results
Livengood PEA Financial Results NAV & IRR Sensitivity (on 100% Equity, Pre-Tax Basis) $12,000 40.0% NPV (10%) NPV (5%) 35.0% $10,000 NPV (0%) IRR 30.0% $8,000 NAV (MM US$) 25.0% IRR (%) $6,000 20.0% $4,000 15.0% $2,000 10.0% $0 5.0% -$2,000 0.0% $900 $1,000 $1,100 $1,200 $1,300 $1,400 $1,500 $1,600
Slide 13: Conceptual Mine Development Timeline
Conceptual Mine Development Timeline 2011 2012 2013 2014 2015 2016 2017 2018 Prefeasibility Feasibility Detailed Engineering Permit Preparation Permitting Construction Production Prefeasibility Study (2011) Key State Permits Construction Production Mine Reclamation Permit Main Milling/Process Facili
Slide 14: Market Valuation Comparison
Market Valuation Comparison Per ounce industry valuation commonly reflects project advancement toward production and de-risking of the production plan Junior Gold Explorers and Developers AMC/oz of M+I+I Resources ($US) $300 : Prefeasibility Stage Feasibility and Permitting Tier II Producers $250 $2
Slide 15: Gold Value Screen
Gold Value Screen Gold Value Screen - Mid-Value 25 NG - $97 $150 THM - $23 20 ITH - $23 Gold or Gold Equivalent Resources (Moz) MGL* - $39 15 EOM - $17 ARU* - $58 CEE - $138 GBU - $212 GRZ - $13 EGU - $168 BAA - $78 MAE* - $140 GCM - $25 ASR - $318 AUQ - $173 10 GBG - $79 DPM - $137 VIT - $16 JAG -
Slide 16: Upcoming Catalysts & Investment Highlights
Upcoming Catalysts & Investment Highlights New Additions to Management and Board in November 2011 Completion of Prefeasibility Study in H1/2012 Ongoing Drilling and District Exploration Feasibility Study and Detailed Metallurgy to commence in January 2012 Commencement of Permitting Preparation in Ju
Slide 17: Management Team
Management Team Track Record of Exploration, Development & Permitting Success James Komadina 32 years of natural resource experience in project development, construction and operations with CEO major gold producers. Senior management positions previously held include President and CEO, North America
Slide 18: Board of Directors
Board of Directors Donald C. Ewigleben 35 years of experience in the mining industry overseeing legal, regulatory environmental and Chairman government affairs. Previously, he was President and Chief Executive Officer of AngloGold Ashanti North America and served as the Executive Officer – Sustainab
Slide 19: Share Structure
Share Structure TSX: ITH - NYSE-A: THM - Frankfurt: IW9 (as of November 22, 2011) Issued & Outstanding Shares 86,648,919 Shares Fully Diluted 92,848,919 Cash C$94.4 Million Market Capitalization C$438.0 Million Major Institutional Shareholders Shares Held % Tocqueville Asset Management LP 14,088,487
Slide 20: Analyst Coverage
Analyst Coverage FIRM ANALYST DATE INITIATED RBC Capital Markets Haytham Hodaly 17-Mar-11 Macquarie Michael Gray 3-Mar-11 Credit Suisse Dalton Baretto 29-Sept-10 Dahlman Rose & Co. Adam Graf 22-June-10 BMO Capital Markets John Hayes 23-Apr-10 GMP Securities Craig West 27-Apr-09 Canaccord Genuity Wen
Slide 21: Vancouver Office and Investor Relations
Vancouver Office: 1177 West Hastings St., Suite 2300 Vancouver, BC, Canada V6E 2K3 Investor Relations: Telephone: 604-683-6332 Shirley Zhou U.S. Office: VP Corporate Communications 9635 Maroon Circle, Suite 350 Email: szhou@ithmines.com Englewood, CO, USA 80112 Phone: 604-638-3247 Telephone: 720-881
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