International Tower Hill Mines Ltd. · TSX:ITH
International Tower Hill Mines — Investor Presentation (June 2016)
19 slides from International Tower Hill Mines's investor presentation, June 2016
Slide 1: One of North America's Greatest Gold Opportunities
One of North America’s Greatest Gold Opportunities Corporate Presentation June 2016 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 (as of April 4, 2016) Issued & Outstanding Shares 116,313,638 Shares Fully Diluted 122,167,638 Cash* $5.1 Million Major Shareholders Shares Held % Paulson & Company Inc. 23,058,000 19.8 Tocqueville Asset Management L.P. 22,897,015 19.7 AngloGold Ashant
Slide 4: Livengood Gold Project: A Significant Resource
Livengood Gold Project: A Significant Resource One of the World’s Largest 100% Owned >150 Years Strong Leverage to Gold Price Experienced and Proven Undeveloped Development Team Resources 15,700,000 oz 4,400,000 oz Measured & Indicated Resource Inferred Resource 802 MT, Grade Avg. 0.61, Cutoff 0.30
Slide 5: One of the Largest Independent and Undeveloped Gold Resources in the World
One of the Largest Independent and Undeveloped Gold Resources in the World Over 20 Million ounces of gold at 0.30 g/t cutoff • 15.7 million ounces, measured & indicated, in 802 MT, with avg. grade 0.61 g/t at 0.30 cutoff • 4.4 million ounces, Inferred, in 266 MT, with avg. grade 0.52 g/t at 0.30 c
Slide 6: Excellent Exploration Potential
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 covers appro
Slide 7: Project Fundamentals - Favorable Jurisdiction & Exceptional Infrastructure
Project Fundamentals - Favorable Jurisdiction & Exceptional Infrastructure 70 miles northwest of Fairbanks, Alaska Located next to year-round paved highway, pipeline and only 50 miles from grid power Alaska has a history of mining development with a well-defined permitting path Livengood Min
Slide 8: Successful Mining in Alaska
Successful Mining in Alaska Red Dog Mines (Teck/NANA) • Operation since 1989 • Zinc-lead mine - top producer of zinc concentrate Fort Knox (Kinross) • Operation since 1996 • Surface gold mine - produced >6,000,000 oz Pogo (Sumitomo) • Operation since 2006 • Underground gold mine - produced >3,000,00
Slide 9: 2015 Review
2015 Review Metallurgical Test Work: Multi-phase program to optimize the flow sheet Value Engineering Review of 2013 Feasibility Study: Engaged large mine arctic experience of BBA, Inc. Reviewed all project metallurgical and engineering work Confirmed project opportunities and recommended ad
Slide 10: 2015 Review
2015 Review Field Work: Pump tests completed to evaluate large aquifer as a potential cost saving water source Completed eighth year of environmental baseline in support of future permitting TSX: ITH | NYSE MKT: THM 10 www.ithmines.com
Slide 11: 2016 Work Plans - Met Tests & Engineering
2016 Work Plans - Met Tests & Engineering Metallurgical Tests: SGS Vancouver, SGS Lakefield, SGS Quebec City and AMIRA Australia Optimize the process flow sheet, including grind, recovery and leach time, and power and reagent consumption Engineering: NewFields Engineering tailings management s
Slide 12: 2016 Work Plans - Throughput Rationalization Study
2016 Work Plans - Throughput Rationalization Study Conduct grinding simulations including drill blast fragmentation and secondary crushing to reduce power costs Complete and evaluate met work Confirm flow sheet, reagent consumption and gold recovery Review trade-off study on tailings managem
Slide 13: 2016 Work Plans - Environmental Baseline Studies
2016 Work Plans - Environmental Baseline Studies On-going Since 2008 Activities Necessary For Permitting: Rock Characterization Geohydrology Surface Water & Hydrology Meteorology Air Quality Wetlands & Vegetation Aquatic Studies Cultural Resources Noise Studies Wildlife & Habitat
Slide 14: Next Steps - Optimized Project Configuration
Next Steps - Optimized Project Configuration BBA study is evaluating and optimizing the Project configuration, CAPEX and OPEX The Company has sufficient funds to complete the test programs and engineering work underway ITH is working to address an additional contingent payment due in January 2
Slide 15: Investment Opportunity
Investment Opportunity Livengood Gold Project Strong Leverage to Gold Price Size: One of the largest independent and undeveloped gold deposits in the world, with over 20 million ounces of gold resource contained. Measured and indicated 802 MT at 0.61 g/t gold (15.7 million oz contained) and infe
Slide 16: Project Management
Project Management Track Record of Large Mine Development and Permitting Success Mr. Hanneman has over 30 years of Alaska-based mining industry experience. Prior to joining ITH in 2010, Karl L. Hanneman he played a key role on the team that worked to resolve the permit issues at the Red Dog Mine, an
Slide 17: Corporate Officers
Corporate Officers Mr. Irwin has over 40 years in the natural resource industry constructing, optimizing, operating and permitting major mining projects and most recently was Vice President for ITH. He served as Commissioner of the Alaska Department of Thomas E. Irwin Natural Resources under three G
Slide 18: Board of Directors
Board of Directors Mining Engineer with over 30 years of experience in the mining industry. He currently serves as Stephen A. Lang Chairman of Centerra Gold Inc. and as a Director of Allied Nevada Gold Corp. Previously, Mr. Lang was President and CEO of Centerra Gold Inc. He has held senior position
Slide 19: One of North America's Greatest Gold Opportunities
One of North America’s Greatest Gold Opportunities Corporate Headquarters Investor Relations Tower Hill Mines, Inc. Rick Solie 506 Gaffney Road, Suite 200 rsolie@ithmines.com Fairbanks, AK 99701 1-855-428-2825 Telephone: (907) 328-2800 TSX: ITH | NYSE MKT: THM www.ithmines.com
International Tower Hill Mines — Investor Presentation (June 2016) on 6ix