International Tower Hill Mines Appoints Robert D. Comer as Its New Chief Administrative Officer & General Counsel
December 20 2011 - 9:00AM
Marketwired
International Tower Hill Mines Ltd. ("ITH" or the "Company") -
(TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) announces the appointment
of Mr. Robert D. Comer as the Company's new Chief Administrative
Officer and General Counsel, effective January 1, 2012. Mr. Comer
has nearly 25 years of experience practicing natural resource and
mineral law in the United States and will be responsible for all
legal affairs and corporate administration matters at ITH. He will
play an influential role in the Company's permitting activities at
the Livengood Gold Project.
Mr. Comer served at the Department of the Interior from 2002 to
2010 in the executive positions of Associate Solicitor for
Minerals, Land and Water, Regional Solicitor and Counselor to the
Solicitor. During 2007, Mr. Comer also served as General Counsel
and Principal Deputy to the Office of the Federal Coordinator for
Alaska Natural Gas Transportation Projects where he helped to
establish a new federal office involved with permitting an
international natural gas pipeline from Alaska to the Alberta hub.
Additional responsibilities included development and implementation
of original office programmatic policy, procedures, hiring and
procurement. From 1994 to 2000, Mr. Comer served as Mining Attorney
and Associate General Counsel with Asarco Incorporated, a Fortune
500 mining, mineral processing and specialty chemical company. In
that capacity, he performed legal services for their mining and
smelting operations. Mr. Comer has also held positions with
significant national law firms providing strategic legal services
to mineral and natural resource companies and also is known for his
expertise in environmental law. He holds a B.A., cum laude from the
University of Colorado in Environmental Biology and Conservation, a
Masters of Forest Science from Yale University and Juris Doctorate
from University of Colorado's School of Law.
"I am extremely pleased to have Bob join the executive team,"
stated James Komadina, Chief Executive Officer of ITH. "His
tremendous legal experience in the mining and natural resource
space, in particular with the U.S. Department of the Interior, will
be invaluable to our team as we advance the Livengood project
through permitting and development into a major new gold mine in
North America."
Mr. Comer will succeed Mr. Lawrence Talbot, who will remain with
the Company as a consultant through a transition period. The
Company would like to take this opportunity to thank Mr. Talbot for
his many contributions to the growth of the Company since 2006 and
to wish him success in his future endeavours.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. controls a 100% interest in
the world-class Livengood Gold Project accessible by paved highway
70 miles north of Fairbanks, Alaska. In 2011/12 ITH is focused on
the rapid advancement of the Livengood project into a compelling
potential development scenario while it continues to expand its
current resource and explore its 145 km2 district for new
deposits.
On behalf of International Tower Hill Mines Ltd.
James J. Komadina, Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements and
forward-looking information (collectively, "forward-looking
statements") within the meaning of applicable Canadian and US
securities legislation. All statements, other than statements of
historical fact, included herein including, without limitation,
statements regarding the anticipated content, commencement and cost
of exploration programs, anticipated exploration program results,
the discovery and delineation of mineral
deposits/resources/reserves, the issuance of permits for the
development of a mine at Livengood, the potential for a production
decision to be made in respect of the Livengood Project, the
potential for any production at the Livengood project, business and
financing plans and business trends, are forward-looking
statements. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will
prove to be correct. Forward-looking statements are typically
identified by words such as: believe, expect, anticipate, intend,
estimate, postulate and similar expressions, or are those, which,
by their nature, refer to future events. The Company cautions
investors that any forward-looking statements by the Company are
not guarantees of future results or performance, and that actual
results may differ materially from those in forward looking
statements as a result of various factors, including, but not
limited to, variations in the nature, quality and quantity of any
mineral deposits that may be located, variations in the market
price of any mineral products the Company may produce or plan to
produce, the Company's inability to obtain any necessary permits,
consents or authorizations required for its activities, the
Company's inability to produce minerals from its properties
successfully or profitably, to continue its projected growth, to
raise the necessary capital or to be fully able to implement its
business strategies, and other risks and uncertainties disclosed in
the Company's Annual Information Form filed with certain securities
commissions in Canada and the Company's annual report on Form 40-F
filed with the United States Securities and Exchange Commission
(the "SEC"), and other information released by the Company and
filed with the appropriate regulatory agencies. All of the
Company's Canadian public disclosure filings may be accessed via
www.sedar.com and its United States public disclosure filings may
be accessed via www.sec.gov, and readers are urged to review these
materials, including the technical reports filed with respect to
the Company's Livengood Property.
This press release is not, and is not to be construed in any way
as, an offer to buy or sell securities in the United States.
NR11-21
Contacts: International Tower Hill Mines Ltd. Shirley Zhou
Vice-President - Corporate Communications 1-888-770-7488 (toll
free) or (604) 638-3247 (604) 408-7499
(FAX)szhou@ithmines.comwww.ithmines.com
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