International Tower Hill names Ewigleben president, CEO
International Tower Hill Mines Ltd (C:ITH)
Shares Issued 98,068,638
Last Close 9/19/2012 $2.90
Thursday September 20 2012 - News Release
Mr. Donald Ewigleben reports
INTERNATIONAL TOWER HILL APPOINTS DON EWIGLEBEN AS NEW CHIEF EXECUTIVE OFFICER
International Tower Hill Mines Ltd. has appointed Donald Ewigleben as president and chief executive officer effective Sept. 19, 2012. Mr. Ewigleben has been serving as the Company's Chairman of the Board since November 2011. He will be stepping into the role currently held by Jeffrey Pontius, who was appointed Interim-CEO on June 29, 2012.
Mr. Ewigleben has over 35 years of experience in the mining industry, having held senior positions at large international producers and smaller public companies with exploration and development projects. His career has included roles overseeing mergers & acquisitions, legal, regulatory, environmental and government affairs, including multiple projects in Alaska. Most recently he was President, Chief Executive Officer and Director of Uranium Resources Inc. (URI), a publicly traded uranium producer. Prior to joining URI in September 2009, he served as President and Chief Executive Officer of AngloGold Ashanti North America and held executive positions with AngloGold Ashanti Ltd. in North America and in Johannesburg, South Africa. Prior to joining AngloGold in 2000, he was the Vice President, Environmental and Public Affairs, for Echo Bay Mines Ltd. and was responsible for the management and permitting of the AJ and Kensington projects in Alaska. Mr. Ewigleben began his career with AMAX Coal in Washington, DC and later as Vice President Environmental & Governmental Affairs for AMAX Gold was intimately involved with the permitting and development of the Fort Knox deposit 60 miles to the southeast of the Livengood deposit.
Mr. Ewigleben has been replaced as the Company's Chairman by Daniel Carriere, a non-executive director, who has been a board member since April 2010.
Don Ewigleben incoming Chief Executive Officer, states: "I am very excited to assume the role of CEO of ITH. With the benefit of my long history with the Livengood project dating back to 2003 and my past association with the development of the Fort Knox project, I am confident Alaska is one of the best mining jurisdictions in the world and I believe in Livengood as a world-class multi-million ounce gold project. With Tom Irwin, ITH's VP - Alaska and our strong development and permitting team in place, I believe we are uniquely positioned to move Livengood forward towards production."
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