Livengood Gold Project PFS: $1.93B Capex Over a 21-Year Mine Life

International Tower Hill Mines Ltd.'s Livengood Gold Project has reported Pre-Feasibility Study (PFS) results for the gold project in Alaska, USA. It reflects International Tower Hill Mines Ltd.'s (ITH.TO) latest disclosed economics for the asset.

Economics. Initial capital expenditure is estimated at $1.93B. All-in sustaining costs are pegged at 1171 USD/oz. Economics are based on $1,680/oz gold (reserves), $1,650/oz gold (resources).

Production and mine plan. The project envisions an open-pit operation. Life of mine is 21 years. Average annual production is approximately 388600 oz Au. Average head grade is 0.65 g/t Au (reserves). The open-pit strip ratio is 1.2:1.

Resources and ownership. The company holds a 100% interest in the project. Royalties and streams: 3% royalty.

These figures are extracted from International Tower Hill Mines Ltd.'s technical disclosures and reflect the most recent PFS on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.