Intrepid Mines Ltd (TSX:IAU)
Shares Issued 413,061,497
Last Close 5/30/2008 $0.34
Monday June 02 2008 - News Release

Mr. Brad Gordon reports

INTREPID MINES LIMITED: CHIEF FINANCIAL OFFICER APPOINTMENT

Intrepid Mines Ltd. has appointed Stephen Smith to the position of chief financial officer, with effect from Monday, June 2, 2008.

Mr. Smith has over 20 years local and international experience in the mining industry, most recently having held the position of chief financial officer of Peabody Pacific, a subsidiary of Peabody Energy. Prior to that, Mr. Smith spent 16 years with Canadian miner, Placer Dome Limited, the last four as executive general manager, finance, for Placer Dome Australia.

Intrepid chief executive officer, Brad Gordon, noted that Mr. Smith's extensive experience in treasury management and capital markets will be of great benefit to the company as it progresses the development of the Casposo project in Argentina and Tujuh Bukit in Indonesia.

"We welcome Steve aboard and are delighted that Intrepid's growth and development vision has placed the company in a position to attract a candidate of his calibre," said Mr. Gordon.