Livengood project development plan and key metrics
International Tower Hill Mines outlined a plan to advance the Livengood gold project in Alaska through feasibility work, permitting, financing, development.
Livengood resources: 13.6 million oz measured and indicated at 0.60 g/t; reserves: 9.0 million oz proven and probable at 0.65 g/t.
2023 PFS base case: 21-year mine life; 6.4 million oz production; 65,000 tpd; first five years average 388,600 oz.
Cost and capex metrics in the study: LOM AISC about USD 1,171/oz; initial capex about USD 1.93 billion; strip ratio 1.2:1.
USD 118 million January 2026 financing backs feasibility and permitting; management changes include Shane Parrow as COO, David Wiens as CEO from Aug. 17, 2026.