Mr. Karl Hanneman reports

INTERNATIONAL TOWER HILL MINES FILES 2017 THIRD QUARTER FINANCIAL RESULTS

International Tower Hill Mines Ltd. has filed its unaudited third quarter financial statements and associated management discussion and analysis and quarterly report on Form 10-Q for the three-month and nine-month periods ended Sept. 30, 2017.

As of Sept. 30, 2017, the company had working capital of $3-million. The company believes the current working capital will be sufficient for it to complete its anticipated 2017 work plan at the Livengood gold project and satisfy its currently anticipated general and administrative costs through the 2018 fiscal year.

Shareholders can obtain copies of the company's unaudited third quarter financial statements and associated management discussion and analysis and Form 10-Q on SEDAR, EDGAR and on the company's website. The company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the company.

The company also announced the resignation, effective as of Nov. 6, 2017, of General Mark R. Hamilton as a director of the company. Gen. Hamilton has been a director since November, 2011.

"We greatly appreciate the contribution and leadership Gen. Hamilton has provided the company as a member of our board of directors," commented Karl Hanneman, chief executive officer. "On behalf of the employees and board of directors, we thank the general for his contribution to International Tower Hill Mines and wish him well in his new endeavour." The remaining seven-member board does not intend to fill the board seat at this time.

About International Tower Hill Mines Ltd.

International Tower Hill Mines controls 100 per cent of the Livengood gold project, located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

We seek Safe Harbor.