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Market Wire

ITH Drills 202.69 Metres of 1.37 g/t Gold at Livengood Deposit, Alaska

Market Wire,  June, 2008  

International Tower Hill Mines Ltd. (TSX VENTURE: ITH)(AMEX: THM)(FRANKFURT: IW9) -

Hole MK-RC-008 - 202.69 metres of 1.37 g/t gold

Hole MK-RC-007 - 59.4 metres of 1.96 g/t gold

Hole MK-RC-001 - 66 metres of 1.56 g/t gold

International Tower Hill Mines Ltd. ("ITH" or the "Company") is pleased to announce initial drill results from the 2008 resource expansion program on its Livengood gold project in Alaska. The Company has received final results from 7 of the 19 holes drilled to date that are part of this year's 150-hole, 45,000-metre program (Figure 1). Notable intersections were returned from hole MK-RC-008, with 202.69 metres of 1.37 g/t gold (including 30.5 metres of 4.1 g/t gold), hole MK-RC-007, with 59.4 metres of 1.96 g/t gold (including 4.6 metres of 13.7 g/t gold), and hole MK-RC-001, with 66 metres of 1.56 g/t gold (including 6.1 metres of 5.9 g/t gold) - all of which were infill holes on the southern and eastern side of the Lillian zone, respectively - and western step-out hole MK-RC-005, with 33.5 metres of 1.63 g/t gold (including 3.1 metres of 7.3 g/t gold) (see Table 1).

These initial 2008 holes are a combination of step out and infill holes that have extended the Livengood deposit to the west, north and south as well as expanding the high-grade core zone. They represent some of the best drill intersections returned from the property to date, with the deposit remaining open in all directions. The results confirm the significant resource expansion potential of the deposit, with extensive mineralization in both sedimentary and volcanic units from surface to the current nominal drill depth of about 200 metres below surface (see Table 2). Many of the new holes have intersected thicker and higher grade zones of mineralization than those used in estimating the 2007 inferred resource of 87.8 million tonnes at 0.71 g/t gold, using a 0.50 g/t gold cutoff, for approximately 2 million contained ounces of gold (see NR08-06). Assays for 12 additional holes are pending at this time.

The project is currently operating one reverse circulation drill and one core drill and the Company will add a second reverse circulation drill rig by the end of June. The 2008 drill program will test an area approximately three times the size of that previously drilled. The Company anticipates that it will complete approximately 25 holes at Livengood each month from now through to December 2008, and intends to release regular updates as results are received. In addition, the Company intends to arrange for the preparation of an updated NI 43-101 resource estimate mid way through the 2008 program (anticipated to be released in mid-October) as an aid in characterizing size and grade changes to this rapidly expanding deposit.