International Tower Hill Mines Ltd. · TSX:ITH
International Tower Hill Mines — Investor Presentation (May 2013)
23 slides from International Tower Hill Mines's investor presentation, May 2013
Slide 1: Advancing North America's Greatest Gold Opportunity
Advancing North America’s Greatest Gold Opportunity Corporate Presentation May 2013 TSX: ITH | NYSE MKT: THM www.ithmines.com
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: Share Structure & Cash
Share Structure & Cash TSX: ITH ‐ NYSE MKT: THM ‐ Frankfurt: IW9 (as of May 1, 2013) Issued & Outstanding Shares 98,068,638 Shares Fully Diluted 106,363,638 Cash (as of Dec 31, 2012) C$30.2 Million Market Capitalization C$98.0Million Major Institutional Shareholders Shares Held % Tocqueville Asset M
Slide 4: Investment Opportunity
Investment Opportunity Livengood Gold Project History: ITH acquired the rights to the core Livengood property from AngloGold Ashanti in 2006 and expanded since then. Previous hard rock exploration since the 1970’s. Livengood area has been placer mined since 1914. Size: Current resource (August 2
Slide 5: Impact of Gold Price
Impact of Gold Price TSX: ITH | NYSE MKT: THM 5 www.ithmines.com
Slide 6: Current Mining in Alaska
Current Mining in Alaska Red Dog Mines (NANA) In operation since 1989, Red Dog is a zinc‐lead mine and is one of the largest producers of zinc concentrate. Ft Knox (Kinross) In operation since 1996, surface mine that has produced over five million ounces of gold. Pogo (Sumitomo) In production since
Slide 7: Highlights of the Livengood Gold Project
Highlights of the Livengood Gold Project World Class Gold Deposit One of the largest undeveloped gold resources in the world. Current resource (August 2011 PEA) measured & indicated 933 MT at 0.55 g/t gold (16 .5 million oz. contained) and inferred 257 MT at 0.50 g/t gold (4.1 million oz. contai
Slide 8: Livengood: Direct Access
Livengood: Direct Access On the road to production. . . . • Project site is located 70 miles northwest of Fairbanks, AK. • Direct access on the paved all‐season Elliott highway from Fairbanks. • 50 miles from grid power along the Trans‐Alaska Oil Pipeline corridor. Elliott Highway and Trans‐Alaska P
Slide 9: Livengood: Community Support
Livengood: Community Support Project would provide a major boost for Fairbanks and Interior Alaska region economies. mining Nearby community supports and encourages in the area. Livengood is anticipated to provide long term Alaskan jobs: • Construction: ~1,000 jobs. • Operations: ~500 jobs for
Slide 10: Livengood: Ideal Location for Mining
Livengood: Ideal Location for Mining Gold was first discovered in the Livengood area in 1914 and over 500,000 ounces of placer gold have been recovered. Alaska has a history of mining resource development and has well‐defined legal frameworks for land tenure, permitting and mining operations.
Slide 11: Environmental Baseline Studies
Livengood: Environmental Baseline Studies Conducting ongoing environmental baseline studies since 2008 including: Rock Characterization Geohydrology Surface Water & Hydrology Meteorology & Air Quality Wetlands & Vegetation Aquatic Studies Wildlife & Habitat Studies Cultural Resources
Slide 12: Advancing to Feasibility
Livengood: Advancing to Feasibility Feasibility Study on track for mid‐2013. Technical studies include: Metallurgical optimization. Plant Design and Engineering. Infrastructure Site Selection. Includes electrical lines, substations, roads, pipelines, workshops, tailing storage sites and wa
Slide 13: Similar to Fort Knox Gold Mine
Livengood: Similar to Fort Knox Gold Mine Photo of the Fort Knox Gold Mine near Fairbanks, Alaska The Livengood Gold Project may be a mine similar to the successful Fort Knox Gold Mine owned and operated by Kinross Gold. Approximately 45 air miles separate the two properties. TSX: ITH | NYSE MKT: TH
Slide 14: Mineral Resource
Livengood: Mineral Resource Greater than 0.5 g/t gold resource Grade between 0.3 ‐ 0.5 g/t gold • 100% controlled project. resource • Over 800 drill holes totaling +650,000 feet were drilled in 2006‐2011. Drill holes • Mineralization occurs from surface to +1,000 feet depth as disseminated gold and
Slide 15: 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 16: 2011 PEA – CAPEX/OPEX
Livengood: 2011 PEA – CAPEX/OPEX Costs Costs per Initial Capital Cost Items (millions) Operating Cost Items Process 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.) $3
Slide 17: 2011 PEA Financial Results
Livengood: 2011 PEA Financial Results NAV & IRR Sensitivity (on 100% Equity, Pre‐Tax Basis) $12,000 40.0% NPV (10%) $10,000 NPV (5%) 35.0% NPV (0%) 30.0% $8,000 IRR 25.0% NAV (MM US$) $6,000 20.0% IRR $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 $1,60
Slide 18: Excellent Exploration Potential
Livengood: Excellent Exploration Potential Additional gold mineralization has been found outside the Livengood deposit and represents significant resource expansion potential. Future Exploration Targets: SW Zone Scraper Ridge Deep Money Knob Deposit Moose Gulch/Lucky Creek Current resource c
Slide 19: Conceptual Mine Development Timeline
Conceptual Mine Development Timeline 2013 2014 2015 2016 2017 2018 2019 Detailed Engineering Feasibility Permitting Agency and Construction Public Outreach Production Feasibility Study – Mid 2013 Key State of Alaska Permits Construction Plan of Operations Mill Facilities, pipelines Metallurgy Optimi
Slide 20: Corporate Goals
Corporate Goals International Tower Hill Mines Ltd. is committed to advancing one of the largest undeveloped gold resources in the world: THE LIVENGOOD GOLD DEPOSIT We will advance our 100% owned world‐class gold deposit, located in a favorable mining jurisdiction towards production. We will max
Slide 21: Management Team
Management Team Track Record of Large Mine Development and Permitting Success Don Ewigleben +35 years of experience in the mining industry, having held senior positions at large international producers and CEO & President smaller public companies with exploration and development projects. His career
Slide 22: Board of Directors
Board of Directors Daniel A. Carriere Instrumental in the development/financing of small to medium capitalized companies, private and public Chairman in North America. A founding partner of Corriente Resources Inc. and director of ID Biomedical Corporation. Anton J. Drescher President of Westpoint M
Slide 23: Advancing North America's Greatest Gold Opportunity
Advancing North America’s Greatest Gold Opportunity Denver Headquarters: Fairbanks Office: Investor Relations: 9635 Maroon Circle, Suite 350 506 Gaffney Road, Suite 200 Michelle Stachnik Englewood, CO, USA 80112 Fairbanks, AK 99701 info@ithmines.com Telephone: (720) 881‐7646 Telephone: (907) 328‐280
International Tower Hill Mines — Investor Presentation (May 2013) on 6ix