0001062993-12-000096.txt : 20120109 0001062993-12-000096.hdr.sgml : 20120109 20120109172709 ACCESSION NUMBER: 0001062993-12-000096 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20120109 FILED AS OF DATE: 20120109 DATE AS OF CHANGE: 20120109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL TOWER HILL MINES LTD CENTRAL INDEX KEY: 0001134115 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33638 FILM NUMBER: 12518291 BUSINESS ADDRESS: STREET 1: 1177 WEST HASTING STREET STREET 2: SUITE 2300 CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 BUSINESS PHONE: 604-683-6332 MAIL ADDRESS: STREET 1: 1177 WEST HASTING STREET STREET 2: SUITE 2300 CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 6-K 1 form6k.htm REPORT OF FOREIGN PRIVATE ISSUER International Tower Hill Mines Ltd.: Form 6-K - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 16d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2012

Commission File Number: 001-33638

INTERNATIONAL TOWER HILL MINES LTD.
(Translation of registrant's name into English)

2300 - 1177 West Hastings Street, Vancouver, BC, V6E 2K3
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

[           ] Form 20-F   [ x ] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [           ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [           ]

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [           ] No [ x ]

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _________


 

SUBMITTED HEREWITH

Exhibits

  99.1 News Release dated January 9, 2012
     
  99.2 Material Change Report dated January 9, 2012


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  International Tower Hill Mines Ltd.
  (Registrant)
     
Date: January 9, 2012 By: /s/ James Komadina
    James Komadina
  Title: CEO


In connection with the Company’s listing on the American Stock Exchange, LLC, the Company prepared its U.S. GAAP Balance Sheet as at August 3, 2007.


EX-99.1 2 exhibit99-1.htm NEWS RELEASE DATED JANUARY 9, 2012 International Tower Hill Mines Ltd.: Exhibit 99.1 - Filed by newsfilecorp.com

Suite 2300
1177 West Hastings St.
St. Vancouver, BC
Canada V6E 2K3
TEL 604.683.6332
FAX 604.408.7499
www.ithmines.com
TSX: ITH | NYSE-A: THM

NR12-02 January 9, 2012

International Tower Hill Mines Names Thomas E. Irwin as
New Alaska General Manager

Vancouver, B.C…… International Tower Hill Mines Ltd. (“ITH” or the “Company”) - (TSX: ITH, NYSE-A: THM, Frankfurt: IW9) ) has named Thomas E. Irwin as the Company’s new Alaska General Manager at its Livengood gold project near Fairbanks, Alaska. Mr. Irwin joined ITH in March 2011 as Livengood Construction Manager with over 37 years of experience in the natural resource industry having constructed, optimized, operated and permitted major mining projects with companies such as Amax Gold and Kinross. He succeeds Karl Hanneman, who will become the Livengood Placer Manager and will oversee the Company’s investigations into potential placer gold extraction in the vicinity of the Livengood deposit. A resource study is currently underway to determine the size of the placer gold deposit and it is anticipated that a subsequent Preliminary Economic Assessment will be completed in first half of 2012.

As the new Alaska General Manager, Mr. Irwin will be responsible for the management and technical direction of permitting and development of the Livengood project. Prior to joining ITH, Mr. Irwin served for six years as the Commissioner of the Alaska Department of Natural Resources. From 1996 to 1999, he was the Operations Manager responsible for mine start-up and operation at the Fort Knox mine located 60 miles southeast of the Livengood project and General Manager of the mine from 1999 to 2001. From 2001 to 2003, he was the Vice President, Business Development for Fairbanks Gold Mining Inc., a subsidiary of Kinross Gold, responsible for new project permitting, business development and governmental and public relations in Alaska. Prior to his work at Fort Knox, Mr. Irwin was General Manager of Amax Gold’s Sleeper Mine in Nevada and manager of the Climax mine in Colorado.

In his new role as Livengood Placer Manager, Mr. Hanneman will lead the Company’s investigations of the potential for near-term gold production through placer operations in the vicinity of the Livengood deposit as well as providing technical support on the Livengood gold project. Prior to joining ITH in May 2010 as Livengood Project Manager and working with Teck Resources on project development and permitting in Alaska from 1997 to 2010, Mr. Hanneman carried out extensive placer mining operations in the Livengood District dating back to the early 1990s.

“Tom’s new role with the Company is in recognition of the tremendous Alaskan mining and permitting experience he brings to our team and the significant contributions he has been making to the Company since his appointment last year. We are also grateful to Karl Hanneman for his contributions to date and, given his intimate knowledge and experience with placer operations in the Livengood district, we are excited to have him oversee our investigations on this matter,” said James Komadina, Chief Executive Officer of ITH. “Tom and Karl’s combined expertise and experience will be invaluable to us in advancing the Livengood project towards development into a major new gold mine in North America.”

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls a 100% interest in the world-class Livengood Gold Project accessible by paved highway 70 miles north of Fairbanks, Alaska. In 2012 ITH is focused on the rapid advancement of the Livengood project into a compelling potential development scenario while it continues to expand its current resource and explore its 145 km2 district for new deposits.



International Tower Hill Mines Ltd. - 2 - January 9, 2012
NR12-02 Continued    

On behalf ofInternational Tower Hill Mines Ltd.

(signed) James Komadina
James J. Komadina
Chief Executive Officer

Contact Information:     Shirley Zhou, Vice-President - Corporate Communications
                                          E-mail: szhou@ithmines.com
                                          Phone: 1-888-770-7488 (toll free) or (604) 638-3247/Fax: (604) 408-7499

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the potential for the discovery and exploitation of any placer deposits in the vicinity of the Livengood deposit, the potential for a production decision to be made in respect of the Livengood Project and/or any placer deposits in the vicinity of the Livengood Deposit, the potential for any production at the Livengood project and/or any placer deposits in the vicinity of the Livengood Project, and business and financing plans and business trends, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's Annual Information Form filed with certain securities commissions in Canada and the Company's annual report on Form 40-F filed with the United States Securities and Exchange Commission (the “SEC”), and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

-30-


EX-99.2 3 exhibit99-2.htm MATERIAL CHANGE REPORT DATED JANUARY 9, 2012 International Tower Hill Mines Ltd.: Exhibit 99.2 - Filed by newsfilecorp.com

FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1. Name and Address of Issuer
   
  INTERNATIONAL TOWER HILL MINES LTD. (the “Issuer”)
  Suite 2300 – 1177 West Hastings Street
  Vancouver, B.C. V6E 4K3
   
Item 2. Date of Material Change
   
  January 9, 2012
   
Item 3. News Release
   

The date of the press release issued pursuant to section 7.1 of National Instrument 51- 102 with respect to the material change disclosed in this report is January 9, 2012. The press release was issued in Vancouver, British Columbia through the facilities of the TSX Venture Exchange via Marketwire, Canada Stockwatch and Market News Publishing.

   
Item 4. Summary of Material Change
   

The Issuer reports the appointment of Thomas E. Irwin as the new Alaska General Manager at its Livengood Gold Project.

   
Item 5. Full Description of Material Change

The Issuer reports that they have the named Thomas E. Irwin as the new Alaska General Manager at its Livengood gold project near Fairbanks, Alaska. Mr. Irwin joined the Issuer in March 2011 as Livengood Construction Manager with over 37 years of experience in the natural resource industry having constructed, optimized, operated and permitted major mining projects with companies such as Amax Gold and Kinross. He succeeds Karl Hanneman, who will become the Livengood Placer Manager and will oversee the Issuer’s investigations into potential placer gold extraction in the vicinity of the Livengood deposit. A resource study is currently underway to determine the size of the placer gold deposit and it is anticipated that a subsequent Preliminary Economic Assessment will be completed in first half of 2012.

As the new Alaska General Manager, Mr. Irwin will be responsible for the management and technical direction of permitting and development of the Livengood project. Prior to joining the Issuer, Mr. Irwin served for six years as the Commissioner of the Alaska Department of Natural Resources. From 1996 to 1999, he was the Operations Manager responsible for mine start-up and operation at the Fort Knox mine located 60 miles southeast of the Livengood project and General Manager of the mine from 1999 to 2001. From 2001 to 2003, he was the Vice President, Business Development for Fairbanks Gold Mining Inc., a subsidiary of Kinross Gold, responsible for new project permitting, business development and governmental and public relations in Alaska. Prior to his work at Fort Knox, Mr. Irwin was General Manager of Amax Gold’s Sleeper Mine in Nevada and manager of the Climax mine in Colorado.


2

In his new role as Livengood Placer Manager, Mr. Hanneman will lead the Issuer’s investigations of the potential for near-term gold production through placer operations in the vicinity of the Livengood deposit as well as providing technical support on the Livengood gold project. Prior to joining the Issuer in May 2010 as Livengood Project Manager and working with Teck Resources on project development and permitting in Alaska from 1997 to 2010, Mr. Hanneman carried out extensive placer mining operations in the Livengood District dating back to the early 1990s.

Cautionary Note Regarding Forward-Looking Statements

This material change report release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the potential for the discovery and exploitation of any placer deposits in the vicinity of the Livengood deposit, the potential for a production decision to be made in respect of the Livengood Project and/or any placer deposits in the vicinity of the Livengood Deposit, the potential for any production at the Livengood project and/or any placer deposits in the vicinity of the Livengood Project, and business and financing plans and business trends, are forward-looking statements. Although the Issuer believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Issuer cautions investors that any forward-looking statements by the Issuer are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Issuer may produce or plan to produce, the Issuer's inability to obtain any necessary permits, consents or authorizations required for its activities, the Issuer's inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Issuer's Annual Information Form filed with certain securities commissions in Canada and the Issuer's annual report on Form 40-F filed with the United States Securities and Exchange Commission (the “SEC”), and other information released by the Issuer and filed with the appropriate regulatory agencies. All of the Issuer's Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials, including the technical reports filed with respect to the Issuer’s mineral properties.

Item 6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
   
  Not applicable
   
Item 7. Omitted Information


3

No information has been omitted on the basis that it is confidential.

Item 8. Senior Officer
   

The following senior officer of the Issuer is knowledgeable about the material change disclosed in this report.

   
  James Komadina, President & CEO
  Business Telephone No.: (720) 881-7646
   
Item 9. Date of Report
   
  January 9, 2012


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