International Tower Hill Mines Ltd. · TSX:ITH
International Tower Hill Mines — Investor Presentation (February 2012)
19 slides from International Tower Hill Mines's investor presentation, Feb 15, 2012
Slide 1: Corporate Presentation February 2012
Corporate Presentation February 2012
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 Mines is committed to Our goal is to create advancing into production one of the largest Significant Value to undeveloped gold resources in the world: Shareholders and our The Livengood Gold Deposit Alaskan Stakeholders through: The project is also located in
Slide 4: Management Team
Management Team Track Record of Large Mine Development and 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 5: 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 6: 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 7: 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 8: Livengood Surface Mine Mineral Resource
Livengood Surface Mine Mineral Resource Livengood Surface Mine Mineral Resource based on $1,400/oz Gold • Over 700 holes totaling 160,000 m Au Cutoff Tonnes Au have been drilled since 2006 Classification Million Ounces Au (g/t) (millions) (g/t) Measured 0.22* 676 0.56 12.2 • 20 Million ounce resourc
Slide 9: Calendar Year 2012 Drilling Programs
Calendar Year 2012 Drilling Programs Total Land 1) District-Wide Exploration Program: Package 6,000-metre drill program focused on major district- wide targets to make potential new gold discoveries Livengood Gold within the Company’s 145 km2 land package. Two Deposit highly prospective targets iden
Slide 10: 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 11: 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 12: 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.) $315.9 G
Slide 13: Conceptual Mine Development Timeline
Conceptual Mine Development Timeline 2012 2013 2014 2015 2016 2017 2018 PFS Feasibility Detailed Engineering Permit Preparation Permitting Construction Production Prefeasibility /Feasibility Key State Permits Construction Production Study (2012-13) Mine Reclamation Permit Main Milling/Process Facili
Slide 14: Livengood Placer Investigation
Livengood Placer Investigation • Acquisition of 23 km2 placer mining claims in December 2011 • Placer mining in the Livengood area dates back to 1914 • Third-party resource estimate underway to quantify in-situ gold grades with completion expected in Q1/2012 • Preliminary Economic Assessment on plac
Slide 15: Market Valuation Comparison
Market Valuation Comparison Per ounce industry valuation commonly reflects project advancement toward production and de-risking of the production plan Junior Gold Explorers and Developers AMC/oz of M+I+I Resources ($US) $300 : Prefeasibility Stage Feasibility and Permitting Tier II Producers $250 $2
Slide 16: Upcoming Catalysts and Investment Highlights
Upcoming Catalysts and Investment Highlights Event Timing INVESTMENT HIGHLIGHTS Placer Gold Resource Q1/2012 • 100% ownership of the 20th Calculation largest undeveloped gold deposit in the world Commencement of Q1/2012 Livengood Feasibility and • Located in low-risk, resource- Metallurgical Studies
Slide 17: Share Structure
Share Structure TSX: ITH - NYSE-A: THM - Frankfurt: IW9 (as of February 15, 2012) Issued & Outstanding Shares 86,648,919 Shares Fully Diluted 93,968,919 Cash (as of August 31, 2011) C$94 Million Market Capitalization C$435 Million Major Institutional Shareholders Shares Held % Tocqueville Asset Mana
Slide 18: Analyst Coverage
Analyst Coverage FIRM ANALYST DATE INITIATED 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 Wendell Zerb 10-Feb-09 18
Slide 19: Denver Headquarters and Investor Relations
Denver Headquarters: 9635 Maroon Circle, Suite 350 Englewood, CO, USA 80112 Investor Relations: Telephone: (720) 881-7646 Shirley Zhou Fairbanks Office: VP Corporate Communications 506 Gaffney, Suite 200 Email: szhou@ithmines.com Fairbanks, AK 99701 Phone: (604) 343-4799 Telephone: (907) 328-2802 To
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