International Tower Hill Mines Ltd 2026年季度报告

Securitiesregisteredpursuantto Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒As of May 1, 2026, the registrant had 261,637,473 common shares outstanding. Table of Contents PagePartIFINANCIAL INFORMATIONItem1Financial Statements5Item2Management’s Discussion and Analysis of Financial Condition and Results of Operations16Item3Quantitative and Qualitative Disclosures About Market Risk19Item4Controls and Procedures19 PartIIOTHER INFORMATIONItem1Legal Proceedings20Item1ARisk Factors20Item2Unregistered Sales of Equity Securities and Use of Proceeds20Item3Defaults Upon Senior Securities20Item4Mine Safety Disclosures20Item5Other Information20Item6Exhibits21 SIGNATURES 22 FORWARD LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements or information within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 concerning anticipated results and developments in theoperations of International Tower Hill Mines Ltd. (“we,” “us,” “our,” “ITH” or the “Company”) in future periods,planned exploration and development activities, the adequacy of the Company’s financial resources and other events orconditions that may occur in the future. Forward-looking statements are frequently, but not always, identified by wordssuch as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, orstatements that events, conditions or results “will,” “may,” “could” or “should” (or the negative and grammaticalvariations of any of these terms) occur or be achieved. These forward-looking statements may include, but are notlimited to, statements concerning: ●the Company’s future cash requirements, the Company’s ability to meet its financial obligations as they comedue, and the Company’s ability to raise the necessary funds to continue operations on acceptable terms, if atall;●the Company’s ability to carry forward and incorporate into future engineering studies of the Livengood GoldProject updated mine design, production schedule and recovery concepts identified during the optimizationprocess;●the Company’s potential to carry out an engineering phase that will evaluate and optimize the Livengood GoldProject’s configuration and capital and operating expenses, including determining the optimum scale for theLivengood Gold Project;●the Company’s strategies and objectives, both generally and specifically in respect of the Livengood GoldProject;●the Company’s belief that there are no known environmental issues that are anticipated to materially impactthe Company’s ability to conduct mining operations at the Livengood Gold Project;●the potential for the expansion of the estimated mineral resources at the Livengood Gold Project;●the potential for a production decision concerning, and any production at, the Livengood Gold Project;●the sequence of decisions regarding the timing and costs of development programs with respect to, and theissuance of the necessary permits and authorizations required for, the Livengood Gold Project;●the Company’s estimates of the quality and quantity of the mineral resources at the Livengood Gold Project;●the timing and cost of any future exploration or development programs at the Livengood Gold Project, and thetiming of the receipt of results therefrom;●the expected levels of overhead expenses at the Livengood Gold Project; and●future general business and economic conditions, including changes in the price of gold and the overallsentiment of the markets for public equity. Such forward-looking statements reflect the Company’s current views with respect to future even