Mr. Karl Hanneman reports

INTERNATIONAL TOWER HILL MINES FILES 2023 FIRST QUARTER FINANCIAL RESULTS

International Tower Hill Mines Ltd. has filed its unaudited first quarter financial statements and associated management discussion and analysis and quarterly report on Form 10-Q for the three-month period ended March 31, 2023.

As of March 31, 2023, the company had working capital of $4.2-million (U.S.).

Shareholders can obtain copies of the company's unaudited first 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.

About International Tower Hill Mines Ltd.

International Tower Hill Mines has a 100-per-cent interest in its Livengood gold project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.