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

By Shane Lasley
Mining News 

Tower Hill Mines budgets $5.6M for 2021

Focused on finalizing Livengood gold mine study by October North of 60 Mining News – January 15, 2021

 

Last updated 1/14/2021 at 5:45pm

International Tower Hill Mines Ltd. PFS COVID-19 Karl Hanneman Money Knob map

Shane Lasley

The 11.5-million-ounce Money Knob gold deposit at Livengood lies alongside the paved Elliott Highway and Trans-Alaska Pipeline System about 70 miles north of Fairbanks, Alaska.

International Tower Hill Mines Ltd. Jan. 12 announced that its board of directors has approved a 2021 budget of US$5.6 million for a work program that will primarily be focused on the completion of a prefeasibility study that details the economic and engineering parameters of developing a mine at its 11.5-million-ounce Livengood gold project in Alaska.

The new PFS will follow up on a similar st...



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