Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ITH.TO ·

International Tower Hill Mines Announces 2019 Work Program and Files 2018 Year-End Financial Results

Financials Exploration Programs

1177 West Hastings Street

Suite 2300

Vancouver, BC

Canada V6E 2K3

Tel: 604.683.6332

Fax: 604.408.7499

www.ithmines.com

NR19-01 March 15, 2019

International Tower Hill Mines Announces 2019 Work Program

and Files 2018 Year-End Financial Results

Vancouver, British Columbia, March 15, 2019 – International Tower Hill Mines Ltd. (the “Company”) -

(TSX: ITH) (NYSE American: THM) today announced that its Phase 12 metallurgical program has begun at

SGS in Vancouver, B.C. This work is part of the 2019 budget of $3.7 million approved by the Board on

November 1, 2018 and will build upon the metallurgical studies undertaken in 2018 to continue to define and

refine the project flowsheet. Appr oximately 2,000 kg of samples will be processed in 2019 to evaluate

optimum grind size and to determine whether different recovery parameters should be applied to different

areas of the orebody. The engineering firm of BBA Inc. has been retained to continue to guide the

metallurgical program. Work is also planned to advan ce environmental baseline efforts needed to support

future permitting.

“The 11.5 million ounce gold resource at the Livengood Gold Project is in a great jurisdiction and is highly

leveraged to the price of gold. Our stock has responded to the recent strengthening of the gold price and our

2019 work program will continue to focus on optimizati on that will help us prepare to advance the best

possible project toward future permitting,” said Karl Hanneman, CEO.

The Company also today announced that it has file d its audited Year-End Fi nancial Statements and

associated Management Discussion and Analysis (MD&A) on Form 10-K for the year ended December 31,

2018. As of December 31, 2018, the Company had working capital of $9.9 million.

Shareholders can obtain copies of the Company’s a udited Year-End Financial Statements and associated

MD&A and Form 10-K on SEDAR at www.sedar.com, on 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. controls 100% of the 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

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statemen ts and forward-looking information (collectively,

“forward-looking statements”) within the meaning of a pplicable Canadian and US securities legislation. All

International Tower Hill Mines Ltd. - 2 - March 15, 2019

NR19-01 Continued

statements, other than statements of historical fact, in cluded herein, including statements with respect to the

ability of the Company to carry out and complete op timization studies with respect to the Livengood Gold

Project, the ability of the Company to advance the Li vengood Gold Project, the potential development of any

mine at Livengood, business and financing plans a nd business trends are forward-looking statements.

Although the Company believes that such statements are reasonable, it can give no assurance that such

expectations will prove to be correct. Forward-looking statements are typically id entified by words such as:

believe, expect, anticipate, intend, estimate, postulate , proposed, planned, potential and similar expressions,

or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-

looking statements by the Company are not guarantees of future results or performance, and that actual

results may differ materially from those in forwar d-looking statements as a result of various factors,

including, but not limited to, the price of gold, the pote ntial inability of the Comp any to raise the necessary

capital or to be fully able to implement its business st rategies, and other risks and uncertainties disclosed in

the Company’s annual report on Form 10-K and other re ports filed with the United States Securities and

Exchange Commission, and certain securities commissions in Canada and other information released by the

Company and filed with the appropriate regulatory agencies. All of the Company’s Canadian public

disclosure filings may be accessed via www.sedar.com a nd its United States public disclosure filings may be

accessed via www.sec.gov, and readers are urged to revi ew these materials, including the latest technical

report filed with respect to the Livengood Gold Project.

This news release is not, and is not to be construed in any way as, an o ffer to buy or sell securities in the

United States.