International Tower Hill Mines Files 2020 Second Quarter Financial Results

1177 West Hastings Street Tel: 604.683.6332 Suite 2300 Fax: 604.408.7499 Vancouver, BC www.ithmines.com Canada V6E 2K3

NR20-06 August 10, 2020

International Tower Hill Mines Files 2020 Second Quarter Financial Results

Vancouver, British Columbia, August 10, 2020 – International Tower Hill Mines Ltd. (the “Company”) - (TSX: ITH) (NYSE American: THM) today announced that it has filed its unaudited second quarter Financial Statements and associated Management Discussion and Analysis and Quarterly Report on Form 10-Q for the three and six-month period ended June 30, 2020.

As of June 30, 2020, the Company had working capital of $5.4 million.

Shareholders can obtain copies of the Company’s unaudited second quarter Financial Statements and associated Management Discussion and Analysis and Form 10-Q on SEDAR at: www.sedar.com, EDGAR at www.sec.gov and on the Company’s website at: www.ithmines.com. The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of

International Tower Hill Mines Ltd.

(signed) Karl L. Hanneman Chief Executive Officer

Contact Information: Richard Solie, Jr., Manager - Investor Relations E-mail: [email protected] Direct line: 907-328-2825 Toll-Free: 1-855-428-2825

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.