North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

ITH raises $12M; Electrum a major buyer

 

March 16, 2018

Shane Lasley

This former Trans-Alaska Pipeline System camp served as the headquarters for exploration of the 11.5-million-ounce gold deposit at Money Knob, the prominent hill beyond TAPS.

International Tower Hill Mines Ltd. March 14 announced that it has raised US$12 million to continue the optimization and environmental baseline studies for its Livengood gold project in Interior Alaska, and for general working capital purposes.

"I am pleased to continue the technical work that can potentially improve and certainly will serve to de-risk the Livengood gold project," said Tower Hi...



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