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International Tower Hill Mines Files 2023 Year End Financial Results

Financials

Suite 2710 - 200 Granville Street

Vancouver, BC

Canada V6C 1S4

Tel: 604.683.6332

Fax: 604.408.7499

www.ithmines.com

NR24-02 March 8, 2024

International Tower Hill Mines Files

2023 Year End Financial Results

Vancouver, British Columbia, March 8, 2024 – International Tower Hill Mines Ltd. (the “Company”) - (TSX:

ITH) (NYSE American: THM) today announced that it has filed its audited Year-End Financial Statements

and associated Management Discussion and Analysis on Form 10-K for the year ended December 31, 2023.

The Company also announced the approval of the 2024 work program. This work will focus on community

engagement, as well as advance the baseline environmenta l data collection in critical areas of hydrology and

waste rock geochemical characterization needed to support future permitting.

On January 22, 2024, the Company announced that it had completed a non-brokered private placement (the

“Private Placement”) pursuant to which it issued common shares to existing major shareholders to raise gross

proceeds of approximately US$2.5 million. The Private Placement consisted of 3,807,911 common shares of

the Company at a price of US$0.664 per common share.

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

Management Discussion and Analysis and Form 10-K on SEDAR+ at: www.sedarplus.ca, 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.