International Tower Hill Mines ( (TSE:ITH) ) has provided an announcement.
International Tower Hill Mines Ltd. has raised approximately US$3.9 million through a non-brokered private placement to fund the study of antimony mineralization at its Livengood Gold Project. The funds will be used for working capital and to evaluate the potential recovery of antimony, a critical mineral, which could enhance the project’s value and contribute to the strategic mineral needs of the United States amid rising antimony prices.
More about International Tower Hill Mines
International Tower Hill Mines Ltd. operates in the mining industry, focusing primarily on gold exploration and development. The company is engaged in advancing the Livengood Gold Project in Alaska, which holds significant gold reserves and potential antimony mineralization.
Average Trading Volume: 203,537
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $94.08M
See more data about ITH stock on TipRanks’ Stock Analysis page.