UPDATE: Intl Tower Hill Mines Erases Earlier Gains; Commences Major Field Drill Programs

By Midnight Trader April 18, 2012, 02:15:09 PM EDT

International Tower Hill Mines Ltd. (ITH.TO) announced today that it will be commencing 2 major field drill programs consisting of district-wide exploration and condemnation drilling at its Livengood Gold Project.

The company plans to drill 3,000 metres in 10 core holes as part of its initial district-wide exploration program focused on making new discoveries in its 145 square kilometer land package.

ITH erased earlier gains and is now down by 3% at $3.74 with over 19,000 shares changing hands.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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