Intrepid Mines Limited: Company Secretarial Update

BRISBANE, AUSTRALIA -- (Marketwire) -- 02/01/13 -- Intrepid Mines Limited (TSX: IAU)(ASX: IAU) (the "Company") advises that Nyla Bacon has resigned from the position of Company Secretary with effect from 31 January 2013, in order to concentrate on other professional interests.

Vanessa Chidrawi and Kathleen Skerrett remain as the Company's Australian and Canadian company secretaries respectively, while a replacement is being sought for the lead company secretarial role.

Directors

Ian McMaster (Chairman)
Colin G. Jackson (Deputy Chairman)
Brad A. Gordon (Managing Director)
Laurence W. Curtis (Non-executive Director)
Robert J. McDonald (Non-executive Director)
Alan Roberts (Non-executive Director)
Adrianto Machribie (Non-executive Director)
Vanessa Chidrawi (Company Secretary)

Stock Exchange Listing

ASX and TSX symbol: IAU

Substantial Shareholders

Taurus Funds Management 9.0%
Acorn Capital 7.9%
Van Eck Associates 6.5%
Surya Paloh 5.0%

Issued Capital

as at 31 January 2013

555,519,374 shares
8,910,588 unlisted options
3,145,126 unlisted share rights
51,208,032 unlisted restricted performance rights

Shareholder Enquiries

Matters related to shares held,
change of address and tax file
numbers should be directed to:

Computershare Investor Services
GPO Box 2975, Melbourne, Victoria 3001, Australia

Telephone:  1300 805 505
            +61 3 9415 4000

ABN 11 060 156 452

Contacts:

Inquiries regarding this report and Company business may be

directed to: Intrepid Mines Limited

Brad Gordon, Managing Director, Chief Executive Officer,

Brisbane, Australia

(office) +61 7 3007 8000 or (mobile) +61 400 036 636
bgordon@intrepidmines.com


Intrepid Mines Limited

Greg Taylor

Investor Relations, Toronto, Canada

(office) +1 905 337 7673 or (mobile) +1 416 605 5120
gtaylor@intrepidmines.com