Intrepid Mines Limited
TSX : IAU
ASX : IAU
TSX : IXN

Intrepid Mines Limited

April 24, 2008 09:15 ET

Intrepid Announces Details of First Quarter 2008 Results and Conference Call

TORONTO, ONTARIO--(Marketwire - April 24, 2008) - Intrepid Mines Limited (TSX:IAU)(TSX:IXN)(ASX:IAU), an international gold and silver production, development and exploration company, plans to release results for the first quarter of 2008 after the close of market (TSX) on Tuesday, April 29, 2008, and prior to the opening of market (ASX) on Wednesday, April 30, 2008.

Brad Gordon, Chief Executive Officer of Intrepid Mines Limited commented, "Gold production from our Paulsens Gold Mine in Western Australia was 20,369 ounces for the quarter, with cash costs of US$432. Results for the first quarter of 2008 are encouraging, with production exceeding 20,000 ounces for the second consecutive quarter. We look forward to discussing results in detail on our conference call next week".

1Q08 Conference Call Details:

As is customary, the Company will host a conference call to discuss results for the quarter. Brad Gordon, Chief Executive Officer of Intrepid Mines, will chair the call. To participate in the conference call, please call five minutes prior to the scheduled start time. Dial-in information for the call follows. For those unable to participate in the conference call at the scheduled time, a telephone replay will be available from April 29, 2008 until May 6, 2008.



Toronto Dial-in Australia Dial-in
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Date: April 29, 2008 April 30, 2008
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Conference Call (ID#44898753): 6:00 PM (Toronto) 8:00 AM (Brisbane)
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Dial-in Numbers: 1-888-300-0053 or 1-800-287-011 or
647-427-3420 647-427-3420
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Replay Access Number: 1-800-695-3685 or 1-402-220-1757
402-220-1757
Passcode:44898753 Passcode:44898753
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A recorded MP3 version of the call will be available at www.intrepidmines.com for 90 days.

About Intrepid Mines:

Intrepid Mines Limited has an international production, development and exploration profile, and holds interests in several gold-silver and silver-base metal properties in Australia, Argentina, Central America and Indonesia, either directly or through joint venture partnership. The issued capital is 427,902,350 shares comprised of 413,061,497 ordinary shares of Intrepid Mines Limited quoted on the TSX:IAU and ASX:IAU and 14,840,853 Exchangeable Shares of Intrepid NuStar Exchange Corporation quoted on the TSX:IXN.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This release contains certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX & ASX has neither approved nor disapproved the information contained in this press release. Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.

CUSIP: Q4968A

ABN: 11 060 156 452

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