International Tower Hill Mines Ltd. Announces Launch of New Website
October 19, 2010
Vancouver, B.C……..International Tower Hill Mines Ltd. (“ITH” or the “Company”) - (TSX: ITH, NYSE-A: THM, Frankfurt: IW9) is pleased to announce that the Company will be launching its new website on Wednesday, October 20, 2010. The new website represents a major overhaul and updating of its existing site to reflect the sole focus of the Company on the ongoing pre-feasibility study at the Livengood Project following the completion of the spin-out of its non-Livengood mineral projects to Corvus Gold Inc. (TSX:KOR), effective August 26, 2010.
In conjunction with the completion of the spin-out, the Company initiated a major review and updating of its existing website. In doing so, the Company identified that its existing website was not being updated on a regular basis, and has taken the appropriate steps, including expanding its corporate communications department with the addition of Ms. Shirley Zhou (see NR10-27), to ensure that the website is kept updated on a current basis. In addition, as part of its review of the Company’s preliminary short form prospectus dated October 4, 2010, the British Columbia Securities Commission identified certain instances where the information disclosed by the Company on its existing website, including the Corporate Fact Sheet and its June 2010 and October 2010 Corporate Presentations, did not comply with NI 43-101 and other disclosure requirements. The Company therefore cautions investors that these materials should not be relied upon. The Company has removed these materials from the existing website, and NI 43-101 compliant versions will be posted on the new website.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. is a resource exploration company focused on the ongoing pre-feasibility study for the multimillion-ounce gold discovery at Livengood in Alaska. ITH is committed to the aggressive advancement of the Livengood Project, thereby giving its shareholders the maximum value for their investment.
On behalf of
international tower hill mines ltd.
(signed) Jeffrey A. Pontius
Jeffrey A. Pontius,
President and Chief Executive Officer
|Contact Information:||Quentin Mai, Vice-President - Corporate Communications
Phone: 1-888-770-7488 (toll free) or (604)683-6332 / Fax: (604) 408-7499
Shirley Zhou, Manager - Corporate Communications
Phone: 1-888-770-7488 (toll free) or (604) 638-3246 / Fax: (604) 408-7499