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International Tower Hill Mines is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. The current focus is the Livengood project in Alaska U.S.A. Other properties which included Terra in ALaska and North Bullfrog in Nevada have been transferred Corvus. [Source: IFS August, 2010]
The International Tower Hill Mines Ltd. website is at www.ithmines.com.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts
More Information Links: Knobias
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2011-08-30.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2012-02-03 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$449.86 |
| Average Ore Value per Tonne | US$27.17 |
| Metal Value Leverage (MVL) | 87.10 |
| Market Capitalization as a Percentage of Metal Value | 1.1% |
| Recent Closing Stock Price | C$5.13 [note 1] |
| Fully Diluted Share Count | 91.25 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 75% |
| Percentage In Situ Inferred Resource | 25% |
| Metric | Value on 2012-02-03 |
|---|---|
| Gold Reserves + Resources | 23.78 M oz |
| Average Gold Ore Grade | 0.5 g/t |
| Market Capitalization per oz of Gold In Situ | US$19.82 ( C$19.68 ) |
| Gold Equivalent Ounces Estimate | 23.78 M oz |
| Market Capitalization per oz of Gold Equivalent | US$19.82 ( C$19.68 ) |
Note 1: Conversion rate used: 1 Cnd$ = 1.00682 US$
Note 2: Fully diluted share count taken from the May 31, 2011 financial statement.
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | ||
|---|---|---|---|
| Total Counts (reserves + resources) | 23.78 M oz | ||
| Metal Prices in US$ (from 2012-02-03) | $1,725.90 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $449.86 | ||
| Percentage of Total Metal Value | 100.00% | ||
| Metal Value Percentage Proven + Probable | 0% | ||
| Metal Value Percentage Measured + Indicated | 75% | ||
| Metal Value Percentage Inferred | 25% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|
| Livengood | Alaska, USA | $449.86 ( 100.0% ) | US$27.17 | 23.78 M oz | 0 | 75% | 25% |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
The Livengood property is located approximately 115 km northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina Gold Belt. The project area is centered on a local high point named Money Knob.
The June 2010 NI43-101 report states: "It is concluded that a substantial gold resource has been identified at Money Knob and the surrounding area. Dedicated drilling has continuously enlarged the resource over the past several years." [Source: NI43-101 report dated June 2010]
Latest NI43-101 Report: August 2011 Summary Report on the Livengood Project, Tolovana District, Alaska
2011-08 (275 pages).
Project Location: Alaska, USA in the Tintina Gold Belt mining region. View the Livengood claim in the Tintina Gold belt on a Google Map.
Average Ore Value (all estimate types): US$27.17
Measured
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $243.66 | 12.88 M oz | 0.540 g/t | 742.00 M t |
Estimate notes: See Table 1-1: Global Resource Estimation Summary - August 2011 on p. 35 of 275 of the NI43-101 report dated August 2011.
Cutoff 0.2 g/t gold.
Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $92.03 | 4.87 M oz | 0.470 g/t | 322.00 M t |
Estimate notes:
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $114.17 | 6.04 M oz | 0.420 g/t | 447.00 M t |
Estimate notes:
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