International Tower Hill Mines Announces Appointment of Andrew Cole to Board of Directors

Key Points for Investors

• Strategic Appointment: International Tower Hill Mines Ltd. (TSX: ITH; NYSE American: THM) has appointed Mr. Andrew (“Andy”) Cole to its Board of Directors, effective April 1, 2026.
• Industry Experience: Mr. Cole brings over 35 years of experience in the metals and mining industry, including extensive expertise in refractory ore processing—a critical factor in gold mining operations.
• Track Record of Success: Mr. Cole previously served as General Manager of the Donlin Gold Project in Alaska, where he played a key role in securing major permits and achieving the project’s Final Record of Decision. He also held senior roles at Barrick Gold’s Goldstrike Mine and was Executive Director of Barrick Gold’s U.S. Operations.
• Educational Credentials: Mr. Cole holds a Bachelor of Science Degree in Material Sciences and Engineering from the University of Arizona and an MBA from the University of Nevada.
• Professional Recognition: He is a member of the Society of Mining Engineers (SME) and was honored as SME’s Miner of the Year in 2019.
• Board Experience: Since 2024, Mr. Cole has served as a director on the Perpetua Resources Board.
• Project Update: The Livengood Gold Project, wholly owned by ITH, is advancing through feasibility, permitting, and early development stages following a recent financing.

Potential Shareholder Impact

• The addition of a highly experienced mining executive like Andy Cole is likely to be viewed positively by the market, potentially impacting share value as the company enters a pivotal phase of its Livengood Gold Project.
• Cole’s expertise in permitting and operations could accelerate project milestones, reducing risks associated with development and permitting—an important consideration for investors.
• Shareholders should note that this news comes after recent project financing, suggesting the company is well-positioned for its next stage of growth.
• ITH’s Livengood Gold Project is located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska, and is 100% owned by the company, highlighting operational control and strategic potential.

Management Commentary

ITH Board Chair Marcelo Kim stated: “We are pleased to welcome Mr. Cole to the ITH Board at a pivotal time for the Company. As we advance Livengood through feasibility, permitting and early development following our recent financing, Andy’s technical expertise and operating experience will be instrumental in guiding the project forward.”

Contact Information

• Chief Executive Officer: Karl L. Hanneman
• Investor Relations: Richard Solie, Jr.
• Email: [email protected]
• Direct Line: 907-328-2825
• Toll-Free: 1-855-428-2825

Note: 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.

Disclaimer

The information provided in this article is for informational purposes only and does not constitute investment advice or an offer to buy or sell securities. Investors should conduct their own due diligence and consult with financial advisors before making any investment decisions. The appointment of Mr. Cole and the advancement of the Livengood Gold Project may impact share value, but actual results may vary based on market conditions and company performance.

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