International Tower Hill Mines Ltd. · TSX:ITH
International Tower Hill Mines — Investor Presentation (July 2011)
19 slides from International Tower Hill Mines's investor presentation, Jul 4, 2011
Slide 1: Corporate Presentation July 2011
Corporate Presentation July 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: Livengood: A Large-Scale Deposit in Alaska
Livengood: A Large-Scale Deposit in Alaska Prudhoe Bay • 100% Control of Livengood Gold Project • +10Moz resource among largest discoveries in past 20 years • Expanding resource and new district-wide discovery potential • Located near Fairbanks, Alaska • Pro-development area with long mining history
Slide 4: Located in World-Class Tintina Gold Belt
Located in World-Class Tintina Gold Belt Livengood exploration camp (former Alaska Pipeline Camp) • Fort Knox Mine (Kinross Gold): In production for 16 years; 2010 Production of 349,729 oz Au (at $550/oz cost) 2010 P&P Reserves: 253 Mt @ 0.44 g/t for 3.58 Moz • Pogo Mine (Sumitomo affiliates): In pr
Slide 5: Livengood Project Overview
Livengood Project Overview Livengood Property Package Resource Gold Tonnes Grade Million (in Yellow) Classification Cutoff (millions) (g/t) Ounces • Current +10Moz gold resource (g/t) Gold covers 2.5 km2 of land package Measured & 0.30 777 0.61 15.3 totaling 145 km2 Indicated Inferred 0.30 282 0.54
Slide 6: Pre-Feasibility Engineering
Pre-Feasibility Engineering Key Work Programs Underway/Nearing Completion • Baseline environmental studies by third-party consultants and in-house personnel • Metallurgical work programs including column leaching, gravity concentration and flotation-CIL testing • Process Design and Trade-Off Studies
Slide 7: Livengood 3-D Surface Mine Model
Livengood 3-D Surface Mine Model Greater than 0.5 g/t gold resource Outline of surface mine: 648 Mt at 0.65 g/t for 13.63 Moz gold contained Grade between 0.3 - 0.5 g/t gold resource 0.3 km 2 km • Model illustrates thickness, size and distribution of gold at various cutoff grades • Deposit configura
Slide 8: Livengood Conceptual Mining and Processing
Livengood Conceptual Mining and Processing Mining: • Surface mine with potential ore production of greater than 75,000 tpd • Low strip ratio of 1.1:1 Processing (review ongoing): • Upper most oxidized units (surface to 150 m depth) sent to milling facility • Oxide mill recoveries average 90% • Sulfi
Slide 9: Conceptual Mine Development Timeline
Conceptual Mine Development Timeline 2011 2012 2013 2014 2015 2016 2017 Optimization Prefeasibility Construction Production & Permitting PFS Milestones Key State Permits Construction Production Resource Update and Mine Reclamation Permit Main Milling/Process Facilities Production begins 2016 updated
Slide 10: Continued Livengood Resource Expansion
Continued Livengood Resource Expansion Deposit Remains Open Laterally and at Depth • 2010-11 drilling continues to expand higher grade areas in the Core and Sunshine zones (eg. 34m @ 8.07 g/t Au; 112m @ 2.5 g/t Au and 95m @ 1.9 g/t Au) • Major resource expansion to the southwest of the deposit and a
Slide 11: FY2011 Drilling Programs and Budget
FY2011 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 12: Share Structure
Share Structure TSX: ITH - NYSE-A: THM - Frankfurt: IW9 (as of June 30, 2011) Issued & Outstanding Shares 86,648,919 Shares Fully Diluted 91,248,919 Cash C$105 Million Market Capitalization C$630 Million Major Shareholders Shares Held % Tocqueville Asset Management LP 11,447,387 13.2 AngloGold Ashan
Slide 13: Market Valuation Comparison
Market Valuation Comparison Per ounce industry valuation commonly reflects project advancement toward production and de-risking of the production plan Junior Gold Explorers and Developers AMC/oz of M+I+I Resources ($US) $400 : Prefeasibility Stage Feasibility & Permitting Construction & $350 Small S
Slide 14: 2-Year Market Performance (TSX)
2-Year Market Performance (TSX) Close of Financing ITH Added to S&P TSX Global Gold Index Mill/Heap PEA Heap Only PEA Resource Update Spin-off of exploration Resource Updates assets into Corvus Gold Resource Update 14
Slide 15: Investment Highlights
Investment Highlights Experienced management and operation teams moving the project forward through feasibility and permitting. Upcoming PEA and PFS further de-risk the Livengood project and will demonstrate the underlying value of ITH. 100% control of one of the largest new gold discoveries made in
Slide 16: 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 17: Board of Directors
Board of Directors Hendrik Van Alphen 25 years in the mining industry, first as President of Pacific Rim Mining Corp. Since 1999, he has been a Chairman director and President of Cardero Resources Corp. and a director of Wealth Minerals, Ethos Capital and Balmoral Resources. James Komadina 32 years
Slide 18: Analyst Coverage
Analyst Coverage FIRM ANALYST DATE INITIATED RBC Capital Markets Haytham Hodaly 17-Mar-11 Macquarie Michael Gray 3-Mar-11 Credit Suisse Alex Terentiew 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 19: Vancouver Office and Investor Relations contacts
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 9137 S. Ridgeline Blvd., Suite 250 Email: szhou@ithmines.com Highlands Ranch, CO, USA 80129 Phone: 604-638-3247 Telepho
International Tower Hill Mines — Investor Presentation (July 2011) on 6ix