International Tower Hill expands Livengood Discovery
VANCOUVER, BC - International Tower Hill Mines Ltd. reported results from an additional six holes from the 2009 resource expansion drill program on its Livengood Gold Project, Alaska. These results include four holes from the previously unexplored south-western extension of the deposit.
Discovery holes MK-RC-0115 encountered 68.6 metres @ 1.1g/t gold, MK-RC-0116 15.2 metres @ 2.1g/t gold and MK-RC-0118 35.0 metres @ 3.0g/t gold. These holes are 100 metres apart and each represents a step out of approximately 300 metres to the southwest from the nearest existing holes.
??Dr. Russell Myers, Vice-President, Exploration, of ITH, said, "There is no question that these holes represent a major expansion of the deposit, with grades as good as or better than those found in the Core Zone defined last year."
Mineralization in the southwest sector occurs in all units of the stratigraphy and at depths ranging from the surface to 300 metres. Hole MK-RC-0117, also in the southwest sector, was lost before reaching its target depth. The upper portion of the gold zone returned grades of 0.85 g/t gold over 30 metres. Four more holes have been completed in the southwest sector and at least two more will be drilled before the winter program finishes on the 15th of April.
The company’s address is Suite 1920 - 1188 West Hastings Street, Vancouver, BC V6E 4A2, 604-683-6332.