ITH International Tower Hill Mines Ltd New

International Tower Hill Mines Ltd. ("ITH" or the "Company") - (TSX:ITH)(NYSE
MKT:THM) today announced that it has filed its unaudited third quarter financial
statements and associated management discussion and analysis and Quarterly
Report on Form 10-Q for the three and nine-month periods ended September 30,
2013.


"The Livengood Gold Project is a well-known and significant resource. The
project is 100% controlled by ITH, is located in an excellent, stable
jurisdiction and is managed by an outstanding and experienced team, putting us
in a position to find the proper joint venture partner and provide shareholder
value," said Don Ewigleben, CEO of ITH.


The Company will continue to focus on on-going meetings with interested industry
entities that have signed confidentiality agreements regarding the Livengood
Project and evaluating and prioritizing project enhancement opportunities as
identified in the NI 43-101 completed during the quarter as well as other
optimization opportunities suggested by CA participants. During this difficult
time in the gold and financial markets, ITH will continue to concentrate on cash
conservation and preservation of the Livengood asset while moving the project
forward incrementally.


The Company is continuing the necessary environmental baseline activities to
maintain the integrity and usability of the five years of historical data
already compiled. In early November, as part of its environmental stewardship,
ITH received recognition for excellent exploration reclamation work from the
Department of Natural Resources, State of Alaska.


The Company's working capital as of September 30, 2013 was USD 16.2 million,
which will allow the Company to advance the project and maintain the asset well
into 2015.


For details with respect to the assumptions underlying the current reserve and
resource estimates and feasibility economic analysis, see the technical report
entitled "Canadian National Instrument 43-101 Technical Report on the Livengood
Gold Project, Feasibility Study, Livengood, Alaska," dated September 4, 2013,
and available under the Company's profile on SEDAR or on the Company's website.


Shareholders can obtain copies of the quarterly documents on SEDAR at
www.sedar.com, EDGAR at www.sec.gov and on ITH's website at www.ithmines.com.
ITH will also provide hard copies of these documents, free of charge, to
shareholders who request a copy directly from the Company.


Caution 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 statements with
respect to the potential for the Company to identify and secure a joint venture
partner for the Livengood Project, the ability of the Company to continue to
maintain the necessary environmental baseline activities to maintain the
integrity and usability of the five years of historical data already compiled,
the ability of the Company to optimize and/or enhance the base case as set out
in the Feasibility Study, the ability of the Company to provide shareholder
value through securing a joint venture for the Livengood Project, the ability of
the Company to advance the Livengood Project, whether incrementally or at all,
and to maintain the asset well into 2015, the potential development of any mine
at Livengood, business and financing plans and business trends are
forward-looking statements. Information concerning mineral reserve/resource
estimates and the economic analysis thereof contained in the feasibility study
also may be deemed to be forward-looking statements in that it reflects a
prediction of the mineralization that would be encountered, and the results of
mining it, if a mineral deposit were developed and mined. 


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, proposed, planned, potential 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 inability of the Company to obtain any necessary
permits, consents or authorizations required for its activities, the inability
of the Company 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
10K 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 latest technical report 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.


NR13-11 

FOR FURTHER INFORMATION PLEASE CONTACT: 
TMX Equicom
Michael Moore
Investor Relations
619-467-7067
mmoore@tmxequicom.com

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