United States securities and exchange commission logo
November 15, 2023
Karl L. Hanneman
Chief Executive Officer
International Tower Hill Mines Ltd.
506 Gaffney Road, Suite 200
Fairbanks, AK 99701
Re: International Tower
Hill Mines Ltd.
Amendment No. 1 to
Registration Statement on Form S-3
Filed November 2,
2023
File No. 333-273881
Dear Karl L. Hanneman:
We have reviewed your amended registration statement and have the
following
comment(s).
Please respond to this letter by amending your registration
statement and providing the
requested information. If you do not believe a comment applies to your
facts and circumstances
or do not believe an amendment is appropriate, please tell us why in
your response. After
reviewing any amendment to your registration statement and the
information you provide in
response to this letter, we may have additional comments.
Amendment No. 1 to Registration Statement on Form S-3 filed November 2,
2023
About International Tower Hill Mines Ltd, page 1
1. We note your disclosure
on page 1 indicating the company has measured and indicated
mineral resources of
704.5 million tonnes, which appears to coincide with the
quantification of
measured and indicated resources - inclusive of reserves, that the
qualified person
elected to include in the technical report summary (TRS) pursuant to Item
601(b)(96)(iii)(B)(11)(ii), and we see that you have similar disclosure on page
47 of your
annual report.
However,
notwithstanding inclusion in the TRS, the disclosures of resources that you
provide in the
registration statement and annual report should be limited to mineral
resources - exclusive
of reserves, to comply with Item 1303(b)(3)(ii) and Item 1304(d)(2)
of Regulation S-K.
Please revise your summary disclosures to quantify reserves separately
from resources -
exclusive of reserves, and to remove disclosures of resources - inclusive
of reserves.
Karl L. Hanneman
International Tower Hill Mines Ltd.
November 15, 2023
Page 2
Please contact Liz Packebusch, Staff Attorney, at 202-551-8749 or Daniel
Morris, Legal
Branch Chief, at 202-551-3314 with any questions.
Sincerely,
FirstName LastNameKarl L. Hanneman
Division of
Corporation Finance
Comapany NameInternational Tower Hill Mines Ltd.
Office of Energy &
Transportation
November 15, 2023 Page 2
cc: David Crandall
FirstName LastName