International Tower Hill Mines Ltd (ITH)

[Tommy]

International Tower Hill Reports New High-Grade Gold Intercepts Surrounding Main Deposit at Livengood Gold Project, Alaska

http://finance.yahoo.com/news/international-tower-hill-reports-high-120000822.html

... "VANCOUVER, BRITISH COLUMBIA--(Marketwire -08/21/12)- International Tower Hill Mines Ltd. (ITH.TO)(THM)(THM)(Frankfurt:IW9) ("ITH" or the "Company") announces drill results for 45 geotechnical and condemnation drill holes in the Livengood project area (Figure 1). Assay results from four of these drill holes returned multi-gram gold intersections well outboard of the main deposit, indicating the Livengood district scale gold system has significant exploration potential (Table 1). The locations of these new gold intercepts do not impact the current conceptual plan for the locations of mining-related infrastructure contemplated in the ongoing feasibility work but they do highlight the potential for new discoveries on the Company's large 170 km2 land package.

Jeff Pontius, ITH Interim CEO, stated, "These most recent drill results from a non-exploration directed drill program continue to show the robust nature of the Livengood gold system and potential for both new bulk tonnage and high-grade discoveries. It is clear that the Livengood gold system is a District scale gold discovery with significant future potential."" ...