International Tower Hill outlines Livengood gold project with USD 1.93 billion initial capex, USD 1,171/oz AISC in corporate deck
THM•Feasibility and permitting work continues
Development work outlined for feasibility and permitting is backed by a USD 118 million financing completed in January.
Pre-feasibility assumptions and mine plan
The 2023 pre-feasibility study assumptions include USD 1,680/oz gold, life-of-mine all-in sustaining costs of about USD 1,171/oz, and initial capex of about USD 1.93 billion.
The mine plan targets a 21-year life, 6.4 million oz of production, 388,600 oz/year on average in years 1-5, and 316,900 oz/year life-of-mine.
Livengood project outlined in September presentation
International Tower Hill Mines released a September corporate presentation outlining development plans for the Livengood gold project in Alaska.
Project scale was highlighted at 9.0 million oz proven and probable reserves, 13.6 million oz measured and indicated resources, and a 1.2:1 strip ratio.
