International Tower Hill Mines Ltd. announced that the Board of Directors has approved a 2021 budget of USD 5.6 million and endorsed the associated 2021 work program to advance the Livengood Gold Project. The key element in the 2021 work program is the completion of the Pre-Feasibility Study ("PFS) on the Livengood Gold Project that is planned for release in October 2021. The comprehensive study was begun in July of 2020 and will further de-risk and identify the optimal project configuration. The Company has engaged BBA Inc. as its lead consultant and has retained Whittle Consulting, Resource Modeling Inc., Resource Development Associates, Easton Process Consulting, and NewFields Companies, LLC to provide specialized technical support. International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.