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Livengood Gold Project located 70 miles north of Fairbanks, Alaska. At a resource size of 16.5 million ounces in the Measured & Indicated categories plus 4.1 million ounces in the Inferred category, the Livengood project ranks as one of the largest gold deposits discovered globally in 20 years.
International Tower Hill Mines Ltd. controls a 100% interest in the world-class Livengood Gold Project accessible by paved highway 70 miles north of Fairbanks, Alaska.
On behalf of International Tower Hill Mines Ltd.
Donald C. Ewigleben, President & Chief Executive Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec 11, 2012) - International Tower Hill Mines Ltd. ("ITH" or the "Company") (ITH.TO)(NYSE MKT:THM)(FRANKFURT:IW9) is pleased to provide positive results from the metallurgical test work on its 100% owned Livengood Project located in Alaska.
Metallurgical studies have determined that the gold recovery for the four key rock types that comprise the majority of the Livengood Gold resource will range between 77 and 88 percent. A substantial portion of the early production at Livengood is expected from these rock types.