International Tower Hill looks for big gold output

Precious Metals

Reuters reported that International Tower Hill (TSE:ITH) intends to open a higher output mine and mill at the Livengood project.

Reuters reported that International Tower Hill (TSX:ITH) intends to open a higher output mine and mill at the Livengood project.

The market news is quoted as saying:

By changing the mine plan to use large-scale equipment, and by building a 100,000 tonne-a-day mill to process the ore, the company will be able to produce about 650,000 ounces of gold a year on average, said chief executive James Komadina.

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