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International Tower Hill Mines management cites increased Livengood drilling costs as nine-month 2026 net loss widens

PUBT·11/10/2026 22:00:32
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International Tower Hill Mines management cites increased Livengood drilling costs as nine-month 2026 net loss widens
  • International Tower Hill Mines management commentary showed nine-month 2026 net loss widening to USD 5.27 million from USD 3.33 million.
  • Mineral property spending rose to USD 8.97 million from USD 1.17 million, primarily driven by Livengood drilling activity.
  • Foreign exchange gains of USD 4.57 million helped offset higher expenses; interest income reached USD 3.07 million following equity financing.
  • Working capital increased to USD 106.8 million from USD 1.02 million at year-end 2025, supported by equity financing.
  • Management expects existing working capital to cover the USD 20–25 million work program and anticipated general and administrative costs through year-end.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Tower Hill Mines Ltd. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.