03:40 PM EST - International Tower Hill Mines Ltd. : provided information with respect to a historical resource estimate for the Company's 100% owned Placer claims near the Livengood Gold Project located approximately 70 miles (110 kilometres) north of Fairbanks, Alaska. A historical resource estimate for the Company's Livengood Placer claims (acquired by the Company in December 2011) was completed by Alaska/Nevada Gold Mines Ltd. (ANGM), and a report was prepared. The report estimated a resource of approximately 5.2 million cubic yards of gold-bearing gravel at an average grade of 1.0 g/t gold in several defined areas within the Livengood Placer claims for a total gold resource of approximately 230,000 ounces in the Measured and Indicated resource categories. International Tower Hill Mines Ltd.
shares T.ITH are trading down $0.20 at $5.14.
