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International Tower Hill Mines Approves 2025 Livengood Gold Project Work Plan and Files 2024 Year End Financial Results

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International Tower Hill Mines (TSX: ITH) (NYSE American: THM) has approved a $3.7 million work program for 2025 at the Livengood Gold Project. The program will focus on three main areas: metallurgical study of stibnite antimony mineralization, advancement of baseline environmental data collection for future permitting, and continued community engagement.

The company has also successfully completed a non-brokered private placement on March 4, 2025, raising approximately US$3.9 million through the issuance of 8,192,031 common shares at US$0.4801 per share to existing major shareholders. The company has filed its audited Year-End Financial Statements and Management Discussion and Analysis on Form 10-K for the year ended December 31, 2024.

International Tower Hill Mines (TSX: ITH) (NYSE American: THM) ha approvato un programma di lavoro da 3,7 milioni di dollari per il 2025 presso il Livengood Gold Project. Il programma si concentrer脿 su tre aree principali: studio metallurgico della mineralizzazione di stibnite e antimonio, avanzamento della raccolta di dati ambientali di base per i futuri permessi e continua partecipazione della comunit脿.

L'azienda ha anche completato con successo un collocamento privato non mediato il 4 marzo 2025, raccogliendo circa 3,9 milioni di dollari USA attraverso l'emissione di 8.192.031 azioni ordinarie a 0,4801 dollari USA per azione a favore dei principali azionisti esistenti. L'azienda ha presentato i suoi stati finanziari auditati di fine anno e la discussione e analisi della direzione sul modulo 10-K per l'anno conclusosi il 31 dicembre 2024.

International Tower Hill Mines (TSX: ITH) (NYSE American: THM) ha aprobado un programa de trabajo de 3,7 millones de d贸lares para 2025 en el proyecto Livengood Gold. El programa se centrar谩 en tres 谩reas principales: estudio metal煤rgico de la mineralizaci贸n de estibnita y antimonio, avance en la recopilaci贸n de datos ambientales b谩sicos para futuros permisos y continuo compromiso con la comunidad.

La empresa tambi茅n ha completado con 茅xito un colocaci贸n privada no mediada el 4 de marzo de 2025, recaudando aproximadamente 3,9 millones de d贸lares estadounidenses a trav茅s de la emisi贸n de 8.192.031 acciones comunes a 0,4801 d贸lares estadounidenses por acci贸n a los principales accionistas existentes. La empresa ha presentado sus estados financieros auditados de fin de a帽o y la discusi贸n y an谩lisis de la direcci贸n en el formulario 10-K para el a帽o que finaliz贸 el 31 de diciembre de 2024.

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須岇偓電� 霕愴暅 2025雲� 3鞗� 4鞚检棎 欷戧皽鞚� 鞐嗠姅 靷 氚办爼鞚� 靹标车鞝侅溂搿� 鞕勲頃橃棳, 旮办〈 欤检殧 欤检<鞐愱矊 欤茧嫻 0.4801雼煬搿� 8,192,031欤茧ゼ 氚滍枆頃橃棳 鞎� 390毵� 雼煬毳� 氇笀頄堨姷雼堧嫟. 須岇偓電� 2024雲� 12鞗� 31鞚茧 膦呺霅� 須岅硠鞐半弰鞚� 臧愳偓霅� 鞐半 鞛鞝滍憸鞕 瓴届榿歆� 韱犽 氚� 攵勳劃鞚� 10-K 鞏戩嫕鞙茧 鞝滌稖頄堨姷雼堧嫟.

International Tower Hill Mines (TSX: ITH) (NYSE American: THM) a approuv茅 un programme de travail de 3,7 millions de dollars pour 2025 au projet Livengood Gold. Le programme se concentrera sur trois domaines principaux : 茅tude m茅tallurgique de la min茅ralisation de stibnite et d'antimoine, avancement de la collecte de donn茅es environnementales de base pour les futurs permis et engagement continu de la communaut茅.

L'entreprise a 茅galement r茅ussi 脿 r茅aliser un placement priv茅 sans interm茅diaire le 4 mars 2025, levant environ 3,9 millions de dollars am茅ricains par l'茅mission de 8.192.031 actions ordinaires 脿 0,4801 dollars am茅ricains par action 脿 des actionnaires majeurs existants. L'entreprise a d茅pos茅 ses 茅tats financiers v茅rifi茅s de fin d'ann茅e et la discussion et analyse de la direction sur le formulaire 10-K pour l'exercice clos le 31 d茅cembre 2024.

International Tower Hill Mines (TSX: ITH) (NYSE American: THM) hat ein 3,7 Millionen Dollar Arbeitsprogramm f眉r 2025 im Livengood Gold Project genehmigt. Das Programm wird sich auf drei Hauptbereiche konzentrieren: metallurgische Untersuchung der Stibnit-Antimon-Mineralisierung, Fortschritt bei der Sammlung von Basisumweltdaten f眉r zuk眉nftige Genehmigungen und fortgesetzte B眉rgerbeteiligung.

Das Unternehmen hat au脽erdem am 4. M盲rz 2025 erfolgreich eine nicht vermittelte Privatplatzierung abgeschlossen, bei der etwa 3,9 Millionen US-Dollar durch die Ausgabe von 8.192.031 Stammaktien zu je 0,4801 US-Dollar pro Aktie an bestehende Gro脽aktion盲re gesammelt wurden. Das Unternehmen hat seine gepr眉ften Jahresabschlussunterlagen und die Managementdiskussion und -analyse im Formular 10-K f眉r das am 31. Dezember 2024 endende Jahr eingereicht.

Positive
  • Secured $3.9 million in funding through private placement
  • Approved $3.7 million work program for 2025 project advancement
Negative
  • Dilution of existing shareholders through private placement of 8,192,031 new shares

VANCOUVER, BC, March 12, 2025 /PRNewswire/ -聽International Tower Hill Mines Ltd.聽 (the "Company") - (TSX: ITH) (NYSE American: THM) today announced the approval of the 2025 work program of $3.7 million. This work will begin metallurgical study of the massive stibnite antimony mineralization at the Livengood Gold Project,聽advance the baseline environmental data collection in critical areas of hydrology and waste rock geochemical characterization needed to support future permitting, and continue community engagement.

The Company also announced that it has filed its audited Year-End Financial Statements and associated Management Discussion and Analysis on Form 10-K for the year ended December 31, 2024.

On March 4, 2025, the Company announced that it had completed a non-brokered private placement (the "Private Placement") pursuant to which it issued common shares to existing major shareholders to raise gross proceeds of approximately US$3.9 million. The Private Placement consisted of 8,192,031聽common shares of the Company at a price of US$0.4801 per common share.

Shareholders can obtain copies of the Company's audited Year-End Financial Statements and associated Management Discussion and Analysis and Form 10-K on SEDAR+ at: , EDGAR at 聽and on the Company's website at: . The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of
International Tower Hill Mines Ltd.

(signed) Karl L. Hanneman
Chief Executive Officer

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

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SOURCE International Tower Hill Mines Ltd.

FAQ

What is the budget for THM's 2025 Livengood Gold Project work program?

International Tower Hill Mines has approved a $3.7 million work program for 2025 at the Livengood Gold Project.

How much did THM raise in its March 2025 private placement?

THM raised approximately US$3.9 million through a non-brokered private placement on March 4, 2025.

What is the share price for THM's March 2025 private placement?

The private placement shares were priced at US$0.4801 per common share.

What are the main focus areas of THM's 2025 Livengood work program?

The program focuses on metallurgical study of stibnite antimony mineralization, baseline environmental data collection for permitting, and community engagement.
International Tower Hill Mines

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