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International Tower Hill Mines Ltd T.ITH

Alternate Symbol(s):  THM

International Tower Hill Mines Ltd. is a Canada-based company. The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. The Company has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska. The Livengood property is located in the Tintina gold belt approximately 70 miles (113 kilometers) northwest of Fairbanks, Alaska. The property consists of land leased from the Alaska Mental Health Trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the Company and patented ground held by the Company. Its subsidiaries include Tower Hill Mines, Inc., Tower Hill Mines (US) LLC, and Livengood Placers, Inc.


TSX:ITH - Post by User

Post by fluffy2on Sep 21, 2016 1:35pm
387 Views
Post# 25261498

Memories of Livengood Alaska

Memories of Livengood AlaskaDuring the summer of 1975 I traveled from my home in Washington State to Alaska to find a summer job.  I was 20 years old at the time.  After a couple of weeks searching I landed a job as a rig hand with a company by the name of Becker Drilling in Fairbanks.  We set out to drill some center sample return holes for Homestake Mines.  As it turns out the ground we were drilling on was what ITH refers to as the Livengood gold project.  I can't believe that was 41 years ago.  We slept in tents and were eaten by black flies and mosquetos on a daily basis.  One thing in particular I remember was moving our Nodwell drilling rig across a road cut on Money Knob to our next location.  In the road cut we found a massive amount of quartz crystals some as large as 2" in diameter with visible gold amongst the crystals.  Our geologists were having a field day collecting samples.  I wish I had taken some photos.  Anyway the gold is there.  I saw it.  Overall the cost of production may by high on this ground now relative to the spot price but when the price reaches new highs there will be a fortune to be made on this property.  Stay long and prosper.  GLTA
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