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International Tower Hill Mines COO also assumes CEO role

International Tower Hill Mines Ltd. on Feb. 1 said COO Karl Hanneman has also taken over the CEO role from Tom Irwin as of Jan. 31. Irwin will transition into a part-time position of senior adviser and will stand for election to the board at the annual general meeting slated for May.

The company also reported the completion of its acquisition of the Livengood gold project in Alaska. It has earmarked C$6.3 million for a work program this year that will build on project improvements outlined in a pre-feasibility study presented in 2016.