Encouraging results From Phase One Metallurgical Study At Livengood Gold Project

VANCOUVER – International Tower Hill Mines Ltd. has reported on the first phase of the metallurgical study on antimony mineralization at the Livengood Gold Project. The Company’s most recent S-K 1300 Technical Report Summary, “Pre-Feasibility Study of the Livengood Gold Project”, presented a new geologic model for the Livengood deposit and detailed gold metallurgical work that allowed the relationship between gold recovery and antimony mineralization to be characterized. During this geological modelling process, 54 veins of massive stibnite were detailed as presented in Table 11-8 “Livengood deposit massive stibnite grade estimates” of the S-K 1300 Technical Report Summary. While the pre-feasibility study detailed the 9.0 million ounce proven and probable gold reserve contained within the 13.6 million ounce measured and indicated gold resource, with 6.4 million ounces of gold production projected over 21 years, no metallurgical studies had been completed at that time to provide an understanding of whether antimony might be recoverable from the massive stibnite veins.