International Tower Hill Mines Announces the Appointment of Andrew Cole to the ITH Board of Directors

International Tower Hill Mines Ltd. (ITH), a prominent player in the mining sector, has made a strategic move by appointing Andrew ("Andy") Cole to its Board of Directors, effective April 1, 2026. Cole's extensive 35-year background in the mining industry, particularly in refractory ore processing, positions him as a valuable asset to the company during a crucial period of development.

Previously, Cole held notable leadership roles, including General Manager of the Donlin Gold Project in Alaska, where he successfully navigated the project through major permitting milestones, culminating in its Final Record of Decision. His experience extends to serving as General Manager at Barrick Gold's Goldstrike Mine and as Executive Director for Barrick Gold's U.S. Operations. He boasts a Bachelor of Science degree in Material Sciences and Engineering from the University of Arizona and an MBA from the University of Nevada. In recognition of his contributions to the field, Cole was honored as the Society of Mining Engineers' Miner of the Year in 2019. Since 2024, he has also held a position on the Board of Directors for Perpetua Resources.

Marcelo Kim, Chair of the ITH Board, emphasized the strategic timing of Cole’s addition, highlighting the importance of his operational and technical expertise as the company advances its Livengood Gold Project through feasibility studies, permitting, and initial development phases. The Livengood project, located along Alaska's Elliott Highway, is a key asset for ITH, holding 100% ownership and poised for growth following recent financing efforts.

In summary, Cole's appointment is aimed at leveraging his extensive industry experience to support ITH in a transformative stage of its development journey.

The recent appointment of Andrew Cole to the Board of Directors of International Tower Hill Mines (ITH) marks a significant step for the company, especially as it advances towards critical phases of the Livengood Gold Project in Alaska. With over 35 years of experience in the metals and mining industry, including pivotal roles at acclaimed firms like Barrick Gold, Cole’s appointment suggests a potential for enhanced operational efficiency and strategic oversight.

Cole's extensive background in the processing of refractory ore and his hands-on experience with major projects, such as the Donlin Gold Project, positions him to guide ITH as it navigates feasibility studies and early development stages. His proven track record in securing crucial permits and overseeing large-scale mining operations is likely to reassure investors about the company’s growing potential, particularly in a market where gold prices typically show resilience against economic downturns.

From an investment perspective, this leadership transition presents an opportunity for stakeholders to reevaluate their positions in ITH. As the company embarks on advancing the Livengood Project, the potential for increasing gold production could enhance revenue prospects, making ITH an attractive play for those bullish on gold as a commodity.

Market conditions are also favorable, with inflation driving investors towards safe-haven assets like gold. ITH, with its established assets and a well-regarded executive like Cole at the helm, seems poised to capitalize on this trend. Therefore, for investors seeking exposure to the gold sector, now may be a strategic entry point for ITH shares. However, as always, prudent investors should conduct thorough research and consider the inherent risks associated with mining operations and global market volatility.