2016 Q1 Form 10-K Financial Statement
#000127956916002939 Filed on March 16, 2016
Income Statement
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $870.0K | $1.530M | $5.700M |
YoY Change | -24.35% | -27.83% | -42.48% |
% of Gross Profit | |||
Research & Development | $800.0K | $670.0K | $2.630M |
YoY Change | 100.0% | -49.24% | -67.89% |
% of Gross Profit | |||
Depreciation & Amortization | $1.315K | $10.00K | $15.78K |
YoY Change | -25.66% | -27.62% | |
% of Gross Profit | |||
Operating Expenses | $1.670M | $2.210M | $8.373M |
YoY Change | 7.41% | -31.79% | -53.93% |
Operating Profit | |||
YoY Change | |||
Interest Expense | -$820.0K | $560.0K | $610.0K |
YoY Change | -189.13% | -77.78% | -92.92% |
% of Operating Profit | |||
Other Income/Expense, Net | -$817.0K | $0.00 | $606.2K |
YoY Change | -188.94% | -92.72% | |
Pretax Income | -$2.490M | -$1.650M | $7.767M |
YoY Change | 289.06% | 61.76% | -178.83% |
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | -$2.487M | -$1.654M | -$7.767M |
YoY Change | 290.81% | 62.2% | -21.17% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$21.41K | -$16.17K | -$78.43K |
COMMON SHARES | |||
Basic Shares Outstanding | 116.3M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.100M | $13.50M | $13.50M |
YoY Change | -54.87% | -3.57% | -3.57% |
Cash & Equivalents | $5.091M | $13.52M | $13.50M |
Short-Term Investments | |||
Other Short-Term Assets | $200.0K | $200.0K | $200.0K |
YoY Change | 0.0% | 0.0% | 0.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $5.300M | $13.76M | $13.80M |
YoY Change | -53.91% | -3.03% | -2.82% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $55.20M | $37.13K | $55.20M |
YoY Change | 0.0% | -45.33% | 0.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $0.00 | |
YoY Change | |||
Total Long-Term Assets | $55.20M | $55.24M | $55.20M |
YoY Change | 0.0% | -0.06% | -0.18% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.300M | $13.76M | $13.80M |
Total Long-Term Assets | $55.20M | $55.24M | $55.20M |
Total Assets | $60.50M | $69.00M | $69.00M |
YoY Change | -9.29% | -0.66% | -0.72% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $200.0K | $270.5K | $300.0K |
YoY Change | 0.0% | 536.91% | |
Accrued Expenses | $300.0K | $878.7K | $900.0K |
YoY Change | 0.0% | -39.45% | -40.0% |
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 | $15.10M | $1.149M | $1.100M |
YoY Change | 2920.0% | -23.07% | -26.67% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $14.70M | $14.70M |
YoY Change | -100.0% | -0.68% | -0.68% |
Total Long-Term Liabilities | $0.00 | $14.70M | $14.70M |
YoY Change | -100.0% | -0.68% | -0.68% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $15.10M | $1.149M | $1.100M |
Total Long-Term Liabilities | $0.00 | $14.70M | $14.70M |
Total Liabilities | $15.13M | $15.85M | $15.80M |
YoY Change | 0.84% | -2.73% | -3.07% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$233.5M | -$226.2M | |
YoY Change | 3.56% | ||
Common Stock | $277.7M | $277.1M | |
YoY Change | 3.19% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $45.38M | $53.16M | $53.20M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $60.50M | $69.00M | $69.00M |
YoY Change | -9.3% | -0.66% | -0.72% |
Cashflow Statement
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.487M | -$1.654M | -$7.767M |
YoY Change | 290.81% | 62.2% | -21.17% |
Depreciation, Depletion And Amortization | $1.315K | $10.00K | $15.78K |
YoY Change | -25.66% | -27.62% | |
Cash From Operating Activities | -$1.710M | -$1.320M | -$6.840M |
YoY Change | 48.7% | -38.03% | -53.85% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$30.00K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $30.00K | |
YoY Change | -100.0% | -200.0% | |
Cash From Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $7.316M | $7.316M | |
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 7.290M | 7.290M | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -1.710M | -1.320M | -6.840M |
Cash From Investing Activities | 0.000 | 0.000 | |
Cash From Financing Activities | 7.290M | 7.290M | |
Net Change In Cash | -1.710M | 5.970M | 450.0K |
YoY Change | 48.7% | -376.39% | -103.03% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.710M | -$1.320M | -$6.840M |
Capital Expenditures | $0.00 | -$30.00K | |
Free Cash Flow | -$1.320M | -$6.810M | |
YoY Change | -38.03% | -54.05% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2015 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2015 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2015 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2015Q2 | dei |
Entity Public Float
EntityPublicFloat
|
34572554 | USD |
CY2015 | dei |
Trading Symbol
TradingSymbol
|
THM | |
CY2016Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
116313638 | shares |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6493486 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
13763531 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1149170 | USD |
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 |
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 |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
61919836 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
69004700 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
192226 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
30083 | USD |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
6685712 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
122043 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
516479 | USD |
CY2015Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
13900000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
14416479 | USD |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
243692185 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
33979717 | USD |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
816435 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-230984980 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
47503357 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
69004700 | USD |
CY2015Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55204041 | USD |
CY2014Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55204041 | USD |
CY2015Q4 | us-gaap |
Assets
Assets
|
61919836 | USD |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
878682 | USD |
CY2015Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
394436 | USD |
CY2015 | thm |
Consulting Fees
ConsultingFees
|
418424 | USD |
CY2013 | thm |
Consulting Fees
ConsultingFees
|
1344578 | USD |
CY2014 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
15779 | USD |
CY2014 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
270724 | USD |
CY2014 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
221665 | USD |
CY2014 | us-gaap |
Other Expenses
OtherExpenses
|
28792 | USD |
CY2014 | us-gaap |
Professional Fees
ProfessionalFees
|
389218 | USD |
CY2014 | thm |
Regulatory Expenses
RegulatoryExpenses
|
119154 | USD |
CY2014 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
225405 | USD |
CY2014 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
121740 | USD |
CY2014 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
3946751 | USD |
CY2014 | us-gaap |
Operating Expenses
OperatingExpenses
|
8373288 | USD |
CY2014 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
56670 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
100000 | USD |
CY2014 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
606192 | USD |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7767096 | USD |
CY2014 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-24717 | USD |
CY2014 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-800312 | USD |
CY2014 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-825029 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13521473 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
242058 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
37128 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
270488 | USD |
CY2014 | thm |
Consulting Fees
ConsultingFees
|
333145 | USD |
CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
98068638 | shares |
CY2015 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
2381868 | USD |
CY2015 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
259753 | USD |
CY2013 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3564273 | USD |
CY2014 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
453161 | USD |
CY2014 | thm |
Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
|
7315917 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
24828 | USD |
CY2014 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1285385 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-44744 | USD |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-404128 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13925601 | USD |
CY2013 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
6863713 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-118917 | USD |
CY2014 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8592125 | USD |
CY2014 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2015 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
116313638 | shares |
CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
99068364 | shares |
CY2015 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
132305 | USD |
CY2013 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
304797 | USD |
CY2015 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7047 | USD |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21800 | USD |
CY2013 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
8188995 | USD |
CY2013 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
284993 | USD |
CY2015 | us-gaap |
Other Expenses
OtherExpenses
|
19789 | USD |
CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
33643 | USD |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
97560 | USD |
CY2013 | thm |
Regulatory Expenses
RegulatoryExpenses
|
125019 | USD |
CY2013 | us-gaap |
Other Expenses
OtherExpenses
|
52518 | USD |
CY2015 | us-gaap |
Professional Fees
ProfessionalFees
|
230227 | USD |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
467510 | USD |
CY2015 | thm |
Regulatory Expenses
RegulatoryExpenses
|
160503 | USD |
CY2015 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1637352 | USD |
CY2013 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
226477 | USD |
CY2015 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
93829 | USD |
CY2013 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
196811 | USD |
CY2015 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2559610 | USD |
CY2013 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
103759 | USD |
CY2015 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
800000 | USD |
CY2013 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
7600000 | USD |
CY2014 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3639 | USD |
CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
CY2015 | us-gaap |
Operating Expenses
OperatingExpenses
|
6450176 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
18174771 | USD |
CY2015 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
990690 | USD |
CY2013 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
917301 | USD |
CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
8322291 | USD |
CY2015 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4812824 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9852480 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-5838 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-1593381 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-1260539 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-1379817 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-1080687 | USD |
CY2015 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6192641 | USD |
CY2013 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-10933167 | USD |
CY2015 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.04 | |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.1 | |
CY2015 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
22394 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
60540075 | USD |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3564273 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
540468 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53171181 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1285385 | USD |
CY2014 | thm |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
70388 | USD |
CY2014 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
530543 | USD |
CY2014 | us-gaap |
Legal Fees
LegalFees
|
367556 | USD |
CY2015 | thm |
Costs Incurred Surveying And Mapping Costs
CostsIncurredSurveyingAndMappingCosts
|
0 | USD |
CY2014 | thm |
Costs Incurred Surveying And Mapping Costs
CostsIncurredSurveyingAndMappingCosts
|
26503 | USD |
CY2014 | thm |
Drilling Costs
DrillingCosts
|
119036 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-25727 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-332439 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-6843578 | USD |
CY2014 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-30477 | USD |
CY2014 | us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
30477 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD |
CY2015 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
27786 | USD |
CY2015 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2015 | us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
0 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-393437 | USD |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-16245304 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30170905 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-18193 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2246348 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-14820347 | USD |
CY2013 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
30477 | USD |
CY2013 | us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
0 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-30477 | USD |
CY2013 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1394480 | USD |
CY2015 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
28754 | USD |
CY2014 | thm |
Mining Activities Field Costs
MiningActivitiesFieldCosts
|
211848 | USD |
CY2015 | thm |
Assay Costs
AssayCosts
|
9984 | USD |
CY2015 | thm |
Drilling Costs
DrillingCosts
|
0 | USD |
CY2015 | thm |
Environmental Costs
EnvironmentalCosts
|
639172 | USD |
CY2014 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
33300 | USD |
CY2015 | thm |
Equipment Rental
EquipmentRental
|
44514 | USD |
CY2014 | thm |
Assay Costs
AssayCosts
|
8163 | USD |
CY2015 | thm |
Aircraft Services Costs
AircraftServicesCosts
|
4185 | USD |
CY2014 | thm |
Aircraft Services Costs
AircraftServicesCosts
|
10286 | USD |
CY2015 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
2381868 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
334423 | USD |
CY2014Q4 | thm |
Accrued Severance Cost Current
AccruedSeveranceCostCurrent
|
390659 | USD |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
247034 | USD |
CY2015Q4 | thm |
Accrued Severance Cost Current
AccruedSeveranceCostCurrent
|
19900 | USD |
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
127502 | USD |
CY2014Q4 | thm |
Accrued General Corporate Cost Current
AccruedGeneralCorporateCostCurrent
|
74413 | USD |
CY2014 | thm |
Equipment Rental
EquipmentRental
|
52709 | USD |
CY2014 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
2631974 | USD |
CY2014 | thm |
Environmental Costs
EnvironmentalCosts
|
1201642 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
|
556682 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
|
561966 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation
ContractualObligation
|
17139085 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
14436295 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
541348 | USD |
CY2015Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2014Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
116313638 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
116313638 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
116313638 | shares |
CY2015 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
219402 | USD |
CY2014Q4 | thm |
Accrued Project Cost Current
AccruedProjectCostCurrent
|
260010 | USD |
CY2015Q4 | thm |
Accrued General Corporate Cost Current
AccruedGeneralCorporateCostCurrent
|
27535 | USD |
CY2015Q4 | thm |
Accrued Project Cost Current
AccruedProjectCostCurrent
|
219499 | USD |
CY2011Q4 | thm |
Derivative Liability Value On Initial Recognition
DerivativeLiabilityValueOnInitialRecognition
|
23100000 | USD |
CY2015Q4 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1320 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
116313638 | shares |
CY2015Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesAuthorized
|
0.1 | pure |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y1M6D | |
CY2015Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
164678 | CAD |
CY2015 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P9M25D | |
CY2015 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
|
540101 | CAD |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
540468 | USD |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0183 | pure |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.806 | pure |
CY2015 | 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 |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
1 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2015Q4 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
496317 | USD |
CY2015Q4 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
546477 | USD |
CY2014 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
0 | USD |
CY2013 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
298769 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
|
219402 | USD |
CY2014 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
|
0 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
|
298769 | USD |
CY2015 | thm |
Write Down Of Advance To Contractors
WriteDownOfAdvanceToContractors
|
0 | USD |
CY2014 | thm |
Write Down Of Advance To Contractors
WriteDownOfAdvanceToContractors
|
0 | USD |
CY2013 | thm |
Write Down Of Advance To Contractors
WriteDownOfAdvanceToContractors
|
482009 | USD |
CY2015 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
CY2014 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-15004 | USD |
CY2013 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
0 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
7291089 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
0 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7315917 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2015 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2014 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
24828 | USD |
CY2013 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-756235 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-1072910 | USD |
CY2015 | us-gaap |
Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
|
5997295 | shares |
CY2015Q4 | thm |
Business Combination Equity Interest Percentage In Entity By Acquired Entity
BusinessCombinationEquityInterestPercentageInEntityByAcquiredEntity
|
0.1999 | pure |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
11479348 | CAD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
|
1996400 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
|
1822800 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
321346 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
-172870 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
-5383 | USD |
CY2015 | thm |
Increase Decrease In Advance To Contractors
IncreaseDecreaseInAdvanceToContractors
|
-30682 | USD |
CY2014 | thm |
Increase Decrease In Advance To Contractors
IncreaseDecreaseInAdvanceToContractors
|
30682 | USD |
CY2013 | thm |
Increase Decrease In Advance To Contractors
IncreaseDecreaseInAdvanceToContractors
|
-100000 | USD |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
14800000 | USD |
CY2013Q4 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1360 | |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
13900000 | USD |
CY2014Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
14700000 | USD |
CY2014Q4 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1356 | |
CY2013Q4 | thm |
Capitalized Costs Mineral Properties
CapitalizedCostsMineralProperties
|
55173564 | USD |
CY2014Q4 | thm |
Capitalized Costs Mineral Properties
CapitalizedCostsMineralProperties
|
55204041 | USD |
CY2015Q4 | thm |
Capitalized Costs Mineral Properties
CapitalizedCostsMineralProperties
|
55204041 | USD |
CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4812824 | USD |
CY2014 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7767096 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2500 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2500 | pure |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1203207 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1941774 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
135117 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
55349 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
62329 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
31438 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
148685 | USD |
CY2015Q4 | thm |
Mineral Properties
MineralProperties
|
57243323 | USD |
CY2014Q4 | thm |
Mineral Properties
MineralProperties
|
57243322 | USD |
CY2015Q4 | thm |
Noncapital Losses Available For Future Periods
NoncapitalLossesAvailableForFuturePeriods
|
33462392 | USD |
CY2014Q4 | thm |
Noncapital Losses Available For Future Periods
NoncapitalLossesAvailableForFuturePeriods
|
31229931 | USD |
CY2015Q4 | thm |
Deferred Income Tax Asset Before Valuation
DeferredIncomeTaxAssetBeforeValuation
|
88888262 | USD |
CY2014Q4 | thm |
Deferred Income Tax Asset Before Valuation
DeferredIncomeTaxAssetBeforeValuation
|
86861467 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
1997195 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
2698721 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
88888262 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
86861467 | USD |
CY2007Q3 | thm |
Business Combination Equity Interest Falling Below Specific Percentage After Specific Date Resulting In Termination Of Right To Maintain Equity Interest Percentage On Ongoing Basis
BusinessCombinationEquityInterestFallingBelowSpecificPercentageAfterSpecificDateResultingInTerminationOfRightToMaintainEquityInterestPercentageOnOngoingBasis
|
0.1 | pure |
CY2015 | thm |
Business Combination Right Of First Offer Period
BusinessCombinationRightOfFirstOfferPeriod
|
P90D | |
CY2007Q3 | thm |
Business Combination Equity Interest Falling Below Specific Percentage Resulting In Termination Of Right Of First Offer
BusinessCombinationEquityInterestFallingBelowSpecificPercentageResultingInTerminationOfRightOfFirstOffer
|
0.1 | pure |
CY2015Q4 | thm |
Mineral Resources Expenditure Pools Carry Forwards
MineralResourcesExpenditurePoolsCarryForwards
|
66767000 | USD |
CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2015Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
6066200 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
5854000 | shares |
CY2014Q4 | thm |
Business Combination Equity Interest Falling Below Specific Percentage Resulting In Termination Of Right Of First Offer
BusinessCombinationEquityInterestFallingBelowSpecificPercentageResultingInTerminationOfRightOfFirstOffer
|
0.1 | pure |
CY2015 | us-gaap |
Lessor Leasing Arrangements Operating Leases Renewal Term
LessorLeasingArrangementsOperatingLeasesRenewalTerm
|
P19Y | |
CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2015Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4036064 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4044326 | shares |
CY2013Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
1802017 | shares |
CY2013Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.38 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
2480000 | shares |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
2135200 | shares |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
2272342 | shares |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
1914738 | shares |
CY2014Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
1809674 | shares |
CY2015Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
2030136 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.49 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.25 | |
CY2015Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
13900000 | USD |
CY2014 | thm |
Capitalized Costs Mineral Properties Additions
CapitalizedCostsMineralPropertiesAdditions
|
30477 | USD |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
1.10 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.39 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
1.61 | |
CY2014Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.49 | |
CY2015Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.34 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
200001 | shares |
CY2014Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
18245000 | shares |
CY2014Q4 | us-gaap |
Share Price
SharePrice
|
0.46 | |
CY2014Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7315917 | USD |
CY2014Q4 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
24828 | USD |
CY2014 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1285385 | USD |
CY2013 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3564273 | USD |
CY2015 | thm |
Capitalized Costs Mineral Properties Additions
CapitalizedCostsMineralPropertiesAdditions
|
0 | USD |
CY2015Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
17942000 | USD |
CY2015 | thm |
Impairment Of Capitalized Acquisition Costs
ImpairmentOfCapitalizedAcquisitionCosts
|
0 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | shares |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2015Q4 | thm |
Deferred Tax Liabilities Donations
DeferredTaxLiabilitiesDonations
|
92160 | USD |
CY2014Q4 | thm |
Deferred Tax Liabilities Donations
DeferredTaxLiabilitiesDonations
|
0 | USD |
CY2015 | 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" align="center"></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 style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt"> 1.</font></div> </td> <td style="TEXT-ALIGN: left"> <div><strong>GENERAL INFORMATION, NATURE OF OPERATIONS AND LIQUIDITY RISK</strong></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="left"><font style="FONT-SIZE: 10pt"> </font></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"><font style="FONT-SIZE: 10pt">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.</font></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"> </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"><font style="FONT-SIZE: 10pt">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 December 31, 2015, the Company was in the exploration stage and controls a <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 100</font>% interest in its Livengood Gold Project in Alaska, U.S.A.</font></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"><font style="FONT-SIZE: 10pt"> </font></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"><font style="FONT-SIZE: 10pt">These consolidated financial statements have been prepared on a going-concern basis, which presumes the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future.</font></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"><font style="FONT-SIZE: 10pt"> </font></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"><font style="FONT-SIZE: 10pt">The Company will require significant additional financing to continue its operations in connection with advancing activities at the Livengood Gold Project, to make the Additional Payment due on January 12, 2017 (see Note 6) and for the development of any mine that may be determined to be built at the Livengood Gold Project. There is no assurance that the Company will be able to obtain the additional financing required on acceptable terms, if at all.</font></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"> </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"><font style="FONT-SIZE: 10pt">As of December 31, 2015, the Company’s estimate of the amount of the Additional Payment is $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">13,900,000</font>, which significantly exceeds the Company’s available cash resources, and therefore the Company will be required to obtain significant additional financing on or before January 12, 2017 in order to be able to make this payment.</font></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"> </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">Should the Company be unable to make the Additional Payment, the Company will have 30 days to remedy the event of default. Should the default not be remedied, the Company may be required to deliver the underlying claims, which are not part of the project’s gold resource but are part of the 75 square mile Livengood land package, into a trust in order for them to be sold. Should the proceeds from sale not be sufficient to satisfy the outstanding amount of the Additional Payment, the beneficiaries will have recourse against the Company for any shortfall. The Company considers it highly likely that the proceeds from any such sale, should it prove necessary, would be sufficient to satisfy the amount of the Additional Payment.</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"> </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"><font style="FONT-SIZE: 10pt">In addition, any significant delays in the issuance of required permits for the ongoing work at the Livengood Gold Project, or unexpected results in connection with the ongoing work, could result in the Company being required to raise additional funds to advance permitting efforts. The Company’s review of its financing options includes pursuing a future strategic alliance to assist in further development, permitting and future construction costs.</font></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"><font style="FONT-SIZE: 10pt"> </font></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"><font style="FONT-SIZE: 10pt">Despite the Company’s success to date in raising significant equity financing to fund its operations, there is significant uncertainty that the Company will be able to secure any additional financing in the current or future equity markets. The amount of funds to be raised and the terms of any proposed equity financing that may be undertaken will be negotiated by management as opportunities to raise funds arise. Specific plans related to the use of proceeds will be devised once financing has been completed and management knows what funds will be available for these purposes. Due to this uncertainty, if the Company is unable to secure additional financing, it may be required to reduce all discretionary activities at the Project to preserve its working capital to fund anticipated non-discretionary expenditures beyond the 2016 fiscal year.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif" align="left"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"><b><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Significant judgments, estimates and assumptions</font></b></font></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"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 35.45pt; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt">The preparation of financial statements in accordance with U.S. GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the period. These judgments, estimates and assumptions are regularly evaluated and are based on management’s experience and knowledge of the relevant facts and circumstances. While management believes the estimates to be reasonable, actual results could differ from those estimates and could impact future results of operations and cash flows.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 35.45pt; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 35.45pt; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt">The areas which require significant judgment and estimates that management has made at the financial reporting date, that could result in a material change to the carrying amounts of assets and liabilities, in the event actual results differ from the assumptions made, relate to, but are not limited to the following:</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 35.45pt; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 35.45pt; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"><u>Significant estimates</u></font></div> <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: 0.75in"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 0.25in"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt;FONT-FAMILY:Symbol">⋅</font></div> </td> <td style="TEXT-ALIGN: left"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt"> the fair value determination and inputs used in the valuation of the derivative liability (see Note 6).</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="left"><font style="FONT-SIZE: 10pt"><u>Significant judgments</u></font></div> <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: 0.75in"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 0.25in"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt;FONT-FAMILY:Symbol">⋅</font></div> </td> <td style="TEXT-ALIGN: left"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt"> the determination of functional currencies;</font></div> </td> </tr> </table> <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: 0.75in"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 0.25in"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt;FONT-FAMILY:Symbol">⋅</font></div> </td> <td style="TEXT-ALIGN: left"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt"> quantitative and qualitative factors used in the assessment of impairment of the Company’s capitalized acquisition costs; and</font></div> </td> </tr> </table> <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: 0.75in"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="WIDTH: 0.25in"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt;FONT-FAMILY:Symbol">⋅</font></div> </td> <td style="TEXT-ALIGN: left"> <div style="CLEAR:both;CLEAR: both"><font style="FONT-SIZE: 10pt"> the analysis of resource calculations, drill results, labwork, etc. which can impact the Company’s assessment of impairment, and provisions, if any, for environmental rehabilitation and restoration.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.25in; MARGIN: 0pt 0px 0pt 1in; FONT: 10pt Times New Roman, Times, Serif" align="left"> </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 Company’s assessment of impairment related to its capitalized acquisition costs at December 31, 2015 was based on estimated undiscounted future cash flows expected to result from the use and eventual disposition of these assets. The assessment took into account the Company’s expectation for the future price of gold as well as the probability of achieving certain opportunities to enhance the economics of the Livengood Gold Project as set out in the September 2013 Study and as subsequently developed by the Company. Based on this assessment, no impairments were recorded at December 31, 2015.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | thm |
Period For Which Average Gold Price Per Ounce Of Golds Considered For Calculation Of Additional Payment
PeriodForWhichAverageGoldPricePerOunceOfGoldsConsideredForCalculationOfAdditionalPayment
|
P5Y |