International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. is a Canada-based mineral exploration company. The Company is engaged in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It is in the exploration stage and controls a 100% interest in its Livengood Gold Project in Alaska, United States. The Livengood property is located in the Tintina gold belt approximately 113 kilometers (70 miles) northwest of Fairbanks, Alaska, in the Tolovana Mining District within the Tintina Gold Belt. The property consists of land leased from the Alaska Mental Health Trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by it and patented ground held by the Company. The Livengood Gold Project covers approximately 19,546 hectares (48,300 acres), all of which are controlled by it through its wholly owned subsidiary, Tower Hill Mines, Inc.