International Tower Hill Mines Ltd. held USD 110.1 million in working capital as of June 30, 2026, marking a decrease from the USD 115.0 million reported at the close of the previous quarter on March 31, 2026.

The company filed its unaudited second-quarter financial statements, associated management discussion and analysis, and Form 10-Q quarterly report covering the three- and six-month periods ended June 30, 2026, on SEDAR+ and EDGAR.

International Tower Hill Mines holds a 100% interest in the Livengood Gold Project, which is situated along the paved Elliott Highway 70 miles north of Fairbanks, Alaska.

The financial position follows an active period of capital raising and leadership restructuring for the company. In January 2026, International Tower Hill Mines closed an upsized public offering and a concurrent private placement, generating total gross proceeds of US$114.8 million. Those funds were designated to support ongoing exploration and development work at the Livengood project.

To guide the asset through its next phases of advancement, the company appointed David Wiens as Chief Executive Officer and Director, alongside Shane Parrow as President and Chief Operating Officer, in July 2026.

Broader market conditions supporting the sector show gold priced at USD 4,407.70 per ounce, representing a 10.19% increase over a 30-day period.

Read the full announcement: International Tower Hill Mines Files 2026 Second Quarter Financial Results