2015 Q3 Form 10-Q Financial Statement
#000127956915001560 Filed on August 06, 2015
Income Statement
| Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $1.020M | $1.010M | $1.280M |
| YoY Change | -15.0% | -21.09% | -50.77% |
| % of Gross Profit | |||
| Research & Development | $730.0K | $830.0K | $780.0K |
| YoY Change | 30.36% | 6.41% | -68.16% |
| % of Gross Profit | |||
| Depreciation & Amortization | $1.754K | $1.770K | $10.00K |
| YoY Change | -55.59% | -82.3% | |
| % of Gross Profit | |||
| Operating Expenses | $1.749M | $1.851M | $2.078M |
| YoY Change | -1.24% | -10.93% | -59.1% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | $740.0K | -$220.0K | $650.0K |
| YoY Change | 23.33% | -133.85% | -85.36% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $741.7K | -$198.1K | $8.214K |
| YoY Change | 23.57% | -2511.63% | -99.81% |
| Pretax Income | -$1.010M | -$2.050M | -$1.430M |
| YoY Change | -13.68% | 43.36% | 123.44% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$1.007M | -$2.049M | -$1.431M |
| YoY Change | -13.96% | 43.14% | 122.94% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$8.684K | -$17.63K | -$14.58K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 116.3M shares | 98.07M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $7.900M | $9.500M | $9.300M |
| YoY Change | 0.0% | 2.15% | -53.27% |
| Cash & Equivalents | $7.909M | $9.530M | $9.258M |
| Short-Term Investments | $0.00 | ||
| Other Short-Term Assets | $200.0K | $400.0K | $300.0K |
| YoY Change | 0.0% | 33.33% | 0.0% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $0.00 | ||
| Other Receivables | $0.00 | ||
| Total Short-Term Assets | $8.123M | $9.913M | $9.700M |
| YoY Change | -0.94% | 2.2% | -53.25% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $31.84K | $33.59K | $55.30M |
| YoY Change | -99.94% | -99.94% | 69559.64% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $0.00 | ||
| YoY Change | -100.0% | ||
| Total Long-Term Assets | $55.24M | $55.24M | $55.20M |
| YoY Change | 0.06% | 0.07% | -0.1% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $8.123M | $9.913M | $9.700M |
| Total Long-Term Assets | $55.24M | $55.24M | $55.20M |
| Total Assets | $63.36M | $65.15M | $64.90M |
| YoY Change | -0.07% | 0.39% | -14.61% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $178.5K | $214.3K | $100.0K |
| YoY Change | -10.75% | 114.29% | -85.71% |
| Accrued Expenses | $492.2K | $349.2K | $300.0K |
| YoY Change | 23.04% | 16.41% | -70.0% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $670.7K | $563.5K | $500.0K |
| YoY Change | -4.19% | 12.7% | -71.19% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $14.20M | $14.60M | $15.50M |
| YoY Change | -5.96% | -5.81% | -7.19% |
| Total Long-Term Liabilities | $14.20M | $14.60M | $15.50M |
| YoY Change | -5.96% | -5.81% | -7.19% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $670.7K | $563.5K | $500.0K |
| Total Long-Term Liabilities | $14.20M | $14.60M | $15.50M |
| Total Liabilities | $14.87M | $15.16M | $16.00M |
| YoY Change | -5.88% | -5.23% | -13.21% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$229.9M | -$228.9M | |
| YoY Change | |||
| Common Stock | $277.6M | $277.5M | |
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $48.49M | $49.99M | $48.99M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $63.36M | $65.20M | $64.90M |
| YoY Change | -0.07% | 0.46% | -14.61% |
Cashflow Statement
| Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.007M | -$2.049M | -$1.431M |
| YoY Change | -13.96% | 43.14% | 122.94% |
| Depreciation, Depletion And Amortization | $1.754K | $1.770K | $10.00K |
| YoY Change | -55.59% | -82.3% | |
| Cash From Operating Activities | -$1.010M | -$1.970M | -$2.450M |
| YoY Change | -0.98% | -19.59% | -40.39% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 0.000 | 0.000 | |
| YoY Change | |||
| NET CHANGE | |||
| Cash From Operating Activities | -1.010M | -1.970M | -2.450M |
| Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
| Cash From Financing Activities | 0.000 | 0.000 | |
| Net Change In Cash | -1.010M | -1.970M | -2.450M |
| YoY Change | -0.98% | -19.59% | -40.39% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$1.010M | -$1.970M | -$2.450M |
| Capital Expenditures | $0.00 | $0.00 | $0.00 |
| Free Cash Flow | -$1.010M | -$1.970M | -$2.450M |
| YoY Change | -0.98% | -19.59% | -40.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
14700000 | USD |
| CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
15849170 | USD |
| CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
243692185 | USD |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2019555 | USD | |
| CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2077851 | USD |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
317662 | USD |
| CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
69004700 | USD |
| CY2014Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
| CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
33439249 | USD |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2196252 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-226172156 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53155530 | USD |
| CY2015Q2 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
116313638 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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| CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
116313638 | shares |
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
116313638 | shares |
| CY2014Q2 | thm |
Consulting Fees
ConsultingFees
|
128681 | USD |
| thm |
Consulting Fees
ConsultingFees
|
118290 | USD | |
| CY2015Q2 | thm |
Consulting Fees
ConsultingFees
|
111003 | USD |
| CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
116313638 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001134115 | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
INTERNATIONAL TOWER HILL MINES LTD | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-06-30 | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7894 | USD | |
| CY2014Q2 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
70651 | USD |
| us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
133283 | USD | |
| CY2014Q2 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
77741 | USD |
| thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
168431 | USD | |
| CY2014Q2 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
784951 | USD |
| us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
1400113 | USD | |
| CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15253 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
37034 | USD | |
| CY2014Q2 | us-gaap |
Other Expenses
OtherExpenses
|
8214 | USD |
| us-gaap |
Professional Fees
ProfessionalFees
|
234847 | USD | |
| CY2014Q2 | thm |
Regulatory Expenses
RegulatoryExpenses
|
52917 | USD |
| thm |
Regulatory Expenses
RegulatoryExpenses
|
87172 | USD | |
| CY2014Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
59835 | USD |
| us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
109291 | USD | |
| CY2014Q2 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
16308 | USD |
| us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
55859 | USD | |
| CY2014Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
770900 | USD |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-132867 | USD | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
4389100 | USD | |
| us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
115560 | USD | |
| CY2014Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
15018 | USD |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
31819 | USD | |
| CY2014Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
800000 | USD |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-700000 | USD | |
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Nonoperating Income Expense
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|
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Net Income Loss
NetIncomeLoss
|
-1431402 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-11852 | USD |
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-11852 | USD | |
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Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
305810 | USD |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD | |
| CY2011Q4 | thm |
Derivative Liability Value On Initial Recognition
DerivativeLiabilityValueOnInitialRecognition
|
23100000 | USD |
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9257907 | USD |
| us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-144719 | USD | |
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5086440 | USD | |
| CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53171181 | USD |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
907154 | USD | |
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
378231 | USD | |
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Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
116313638 | shares | |
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Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
98068638 | shares |
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
361991 | USD | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-667445 | USD | |
| us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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|
-12865 | USD | |
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Net Income Loss
NetIncomeLoss
|
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| CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
48991895 | USD |
| CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
49987257 | USD |
| thm |
Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
|
7315917 | USD | |
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Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
24828 | USD | |
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Share Based Compensation
ShareBasedCompensation
|
907154 | USD | |
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Net Income Loss
NetIncomeLoss
|
-2685363 | USD | |
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-6016 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4667694 | USD | |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13925601 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
0 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
142192 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1038448 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4501297 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-30477 | USD | |
| us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
30477 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-166397 | USD | |
| CY2014Q4 | us-gaap |
Assets
Assets
|
69004700 | USD |
| CY2014Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55204041 | USD |
| CY2015Q2 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55204041 | USD |
| CY2015Q2 | thm |
Accrued Project Cost Current
AccruedProjectCostCurrent
|
210552 | USD |
| CY2014Q4 | thm |
Accrued General Corporate Cost Current
AccruedGeneralCorporateCostCurrent
|
74413 | USD |
| CY2014Q4 | thm |
Accrued Project Cost Current
AccruedProjectCostCurrent
|
260010 | USD |
| CY2015Q2 | thm |
Capitalized Costs Mineral Properties
CapitalizedCostsMineralProperties
|
55204041 | USD |
| CY2014Q4 | thm |
Capitalized Costs Mineral Properties
CapitalizedCostsMineralProperties
|
55204041 | USD |
| CY2014Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
14700000 | USD |
| CY2015Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
14600000 | USD |
| CY2015Q2 | us-gaap |
Assets
Assets
|
65150776 | USD |
| CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
153600 | USD |
| CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
878682 | USD |
| CY2015Q2 | thm |
Accrued General Corporate Cost Current
AccruedGeneralCorporateCostCurrent
|
39895 | USD |
| CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
334423 | USD |
| CY2014Q4 | thm |
Accrued Severance Cost Current
AccruedSeveranceCostCurrent
|
390659 | USD |
| us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
17623 | USD | |
| thm |
Mining Activities Field Costs
MiningActivitiesFieldCosts
|
126144 | USD | |
| thm |
Mining Activities Field Costs
MiningActivitiesFieldCosts
|
112657 | USD | |
| thm |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
258368 | USD | |
| thm |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
3775 | USD | |
| us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
413737 | USD | |
| us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
409070 | USD | |
| us-gaap |
Legal Fees
LegalFees
|
17215 | USD | |
| us-gaap |
Legal Fees
LegalFees
|
161716 | USD | |
| thm |
Costs Incurred Surveying And Mapping Costs
CostsIncurredSurveyingAndMappingCosts
|
0 | USD | |
| thm |
Costs Incurred Surveying And Mapping Costs
CostsIncurredSurveyingAndMappingCosts
|
11796 | USD | |
| thm |
Drilling Costs
DrillingCosts
|
59362 | USD | |
| thm |
Assay Costs
AssayCosts
|
9984 | USD | |
| thm |
Drilling Costs
DrillingCosts
|
0 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3539 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-44024 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
167549 | USD | |
| thm |
Environmental Costs
EnvironmentalCosts
|
355318 | USD | |
| thm |
Environmental Costs
EnvironmentalCosts
|
585058 | USD | |
| us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
16261 | USD | |
| thm |
Equipment Rental
EquipmentRental
|
26968 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-872177 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-3991070 | USD | |
| thm |
Equipment Rental
EquipmentRental
|
30573 | USD | |
| CY2015Q2 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1350 | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y6M11D | ||
| thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
|
435213 | USD | |
| thm |
Assay Costs
AssayCosts
|
5405 | USD | |
| thm |
Aircraft Services Costs
AircraftServicesCosts
|
4185 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
361991 | USD | |
| CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2048868 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
71568 | USD |
| thm |
Aircraft Services Costs
AircraftServicesCosts
|
4440 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-575535 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-3118893 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
0 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
| us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
0 | USD | |
| CY2015Q2 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
558942 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
|
569071 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
|
574276 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
17476659 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
548912 | USD |
| CY2015Q2 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
15153890 | USD |
| CY2015Q2 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesAuthorized
|
0.1 | pure |
| thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
|
1109921 | USD | |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
907154 | USD | |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.57 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.00 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2480000 | shares |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
600000 | shares |
| CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.17 | |
| CY2014 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Cancellation In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationInPeriod
|
1519000 | shares |
| CY2014 | thm |
Share Based Compensation Arrangements By Share Based Payment Award Options Cancellation In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsCancellationInPeriodWeightedAverageExercisePrice
|
2.97 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5854000 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.68 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
5854000 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4044326 | shares |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2135200 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.80 | ||
| CY2015Q2 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
2138136 | shares |
| CY2014Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
1809674 | shares |
| CY2014Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.49 | |
| CY2015Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.34 | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.25 | ||
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
0.45 | ||
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.40 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
2135200 | shares | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
112000 | shares | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0183 | pure |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8060 | pure | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0097 | pure | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8102 | pure |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
1.00 | |
| CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.80 | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
1694738 | shares | |
| CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
| CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
382742 | USD |
| CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
33590 | USD |
| CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
9913145 | USD |
| CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
214290 | USD |
| CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
563519 | USD |
| CY2015Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
14600000 | USD |
| CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
15163519 | USD |
| CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
243692185 | USD |
| CY2015Q2 | us-gaap |
Other Expenses
OtherExpenses
|
5990 | USD |
| CY2015Q2 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
60877 | USD |
| thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
93080 | USD | |
| CY2015Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
33801240 | USD |
| CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1351351 | USD |
| CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-228857519 | USD |
| CY2015Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1770 | USD |
| CY2015Q2 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
828212 | USD |
| CY2015Q2 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
70708 | USD |
| us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
1229542 | USD | |
| us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
138085 | USD | |
| CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11123 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
18111 | USD | |
| thm |
Regulatory Expenses
RegulatoryExpenses
|
99368 | USD | |
| us-gaap |
Other Expenses
OtherExpenses
|
10752 | USD | |
| CY2015Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
75467 | USD |
| us-gaap |
Professional Fees
ProfessionalFees
|
125613 | USD | |
| CY2015Q2 | thm |
Regulatory Expenses
RegulatoryExpenses
|
28516 | USD |
| CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-198091 | USD |
| CY2015Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
44106 | USD |
| us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
84986 | USD | |
| CY2015Q2 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
18789 | USD |
| us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
39642 | USD | |
| CY2015Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
594216 | USD |
| CY2015Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
14269 | USD |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
30625 | USD | |
| CY2015Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-100000 | USD |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
100000 | USD | |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1304793 | USD | |
| CY2014Q2 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
| us-gaap |
Other Income
OtherIncome
|
19000 | USD | |
| us-gaap |
Other Income
OtherIncome
|
0 | USD | |
| us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-14167 | USD | |
| CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1850777 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
3405883 | USD | |
| CY2015Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-131360 | USD |
| us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
570895 | USD | |
| us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
720520 | USD | |
| CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-5788 | USD |
| CY2015Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
196464 | USD |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-830734 | USD | |
| CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
190676 | USD |
| us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-844901 | USD | |
| CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1858192 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3530264 | USD | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | ||
| CY2015Q2 | us-gaap |
Other Income
OtherIncome
|
19000 | USD |
| thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Cancellation In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationInPeriod
|
1561000 | shares | |
| CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6428200 | shares |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
0 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0 | ||
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
361991 | USD | |
| thm |
Share Based Compensation Arrangements By Share Based Payment Award Options Cancellation In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsCancellationInPeriodWeightedAverageExercisePrice
|
4.53 | ||
| CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.61 | |
| CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
6428200 | shares |
| CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4290064 | shares |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | ||
| CY2014Q4 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1356 | |
| CY2015Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
400720 | CAD |
| us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y29D | ||
| CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
250447 | USD |
| CY2015Q2 | thm |
Accrued Severance Cost Current
AccruedSeveranceCostCurrent
|
21500 | USD |
| CY2015Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
77282 | USD |
| CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
349229 | USD |
| us-gaap |
Acquisition Costs
AcquisitionCosts
|
0 | USD | |
| us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
1400113 | USD | |
| us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
1229542 | USD | |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <table style="MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0.5in"> <div><b>1.</b></div> </td> <td style="TEXT-ALIGN: justify"> <div><b>GENERAL INFORMATION, NATURE AND CONTINUANCE OF OPERATIONS</b></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif"> International Tower Hill Mines Ltd. (“ITH” or the "Company") is incorporated under the laws of British Columbia, Canada. The Company’s head office address is 2300-1177 West Hastings Street, Vancouver, British Columbia, Canada. International Tower Hill Mines Ltd. consists of ITH and its wholly owned subsidiaries Tower Hill Mines, Inc. (“TH Alaska”) (an Alaska corporation), Tower Hill Mines (US) LLC (“TH US”) (a Colorado limited liability company), Livengood Placers, Inc. (“LPI”) (a Nevada corporation), and 813034 Alberta Ltd. (an Alberta corporation). The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. At June 30, 2015, the Company was in the exploration stage and controls a 100% interest in its Livengood Gold Project in Alaska, U.S.A.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif" align="left">The business of mining and exploration involves a high degree of risk and there can be no assurance that current exploration programs will result in profitable mining operations. The Company has no source of revenue, and has significant cash requirements to meet its administrative overhead and maintain its mineral property interests. The recoverability of amounts shown for capitalized acquisition costs is dependent on several factors. These include the discovery of economically recoverable reserves, the ability of the Company to obtain the necessary financing to complete the development of the Livengood Gold Project, and future profitable production or proceeds from disposition of capitalized acquisition costs. The success of the above initiatives cannot be assured. In the event that the Company is unable to obtain the necessary financing, it may be necessary to defer certain discretionary expenditures and other planned activities.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> |
