Customers of International Tower Hill Mines Ltd saw their costs of revenue decline by -11.48 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -1.45 %, for the same period International Tower Hill Mines Ltd
International Tower Hill Mines Ltd's Comment on Sales, Marketing and Customers
As the Company’s mineral exploration activity takes place in Alaska,
its business is seasonal. Due to the northern climate, exploration work on the
Livengood Gold Project can be limited due to excessive snow cover and cold temperatures.
In general, surface sampling work is limited to May through September and surface
drilling from March through November, although some locations afford opportunities
for year-round exploration operations and others, such as road-accessible wetland
areas, may only be explored while frozen in the winter.
International Tower Hill Mines Ltd’s Comment on Sales, Marketing and Customers
As the Company’s mineral exploration activity takes place in Alaska,
its business is seasonal. Due to the northern climate, exploration work on the
Livengood Gold Project can be limited due to excessive snow cover and cold temperatures.
In general, surface sampling work is limited to May through September and surface
drilling from March through November, although some locations afford opportunities
for year-round exploration operations and others, such as road-accessible wetland
areas, may only be explored while frozen in the winter.
Sources:
International Tower Hill Mines Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: International Tower Hill Mines Ltd’s corporate clients.
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