other material
confidence high
sentiment positive
materiality 0.80
ITHM announces PFS on Livengood: 13.6M oz resource, $1.93B capex, 21-year mine life
INTERNATIONAL TOWER HILL MINES LTD
- PFS details 65,000 tpd throughput, 6.43M oz gold production over 21 years; avg 306,200 oz/yr.
- After-tax NPV(5%) of US$400M at $1,800/oz gold; pre-tax IRR 7.7%; AISC $1,171/oz.
- Initial capex US$1.93B; sustaining capex $658M; OPEX $13.12/ton milled.
- Proven & Probable reserves: 430.1M tonnes at 0.65 g/t for 9.0M contained oz.
- PFS significantly de-risks project; 2017 technical report no longer current.