Advisory: Intrepid Third Quarter 2007 Results and Conference Call

    TORONTO, ON, and PERTH, Australia, Oct. 25 /CNW/ - Intrepid Mines Limited
(TSX:IAU, IXN & ASX:IAU), an international precious metals production,
development and exploration company, plans to release results for the third
quarter of 2007 after the close of market (TSX) on Tuesday, October 30, 2007,
and prior to the opening of market (ASX) on October 31, 2007.
    As is customary, the company will host a conference call to discuss the
results. Laurence Curtis, President and CEO 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 replay
of the call will be available from October 31, 2007 until November 7, 2007.

                                   Toronto Dial-in         Australia Dial-in
                                   ---------------         -----------------
    Date:                         October 30, 2007          October 31, 2007
    Conference Call
     (ID No. 20522554):           4:30 PM (Toronto)
                                                              5:30 AM (Perth)
                                                             7:30 AM (Sydney)
    Conference Call Number:      1-888-300-0053 or          1 800 287 011 or
                                      647-427-3420              647-427-3420

    Replay Access Number:        1-800-766-3146 or         1-800-766-3146 or
                                      402-220-7733              402-220-7733
                                 Passcode:20522554         Passcode:20522554

    A recorded version of the call will be available at
for 90 days.

    About Intrepid Mines:

    Intrepid Mines Limited is an international gold and silver production,
development and exploration company. The Company's producing property is the
Paulsens Gold Mine, located in northwestern Australia. The Company's advanced
development property is the Casposo Project located in San Juan Province,
Argentina. The Company's exploration properties are located in Argentina, El
Salvador, Mexico, Australia and Canada. The issued capital is 181,573,419
shares comprised of 163,686,266 ordinary shares of Intrepid Mines Limited on
the TSX:IAU and ASX:IAU and 17,887,153 Exchangeable Shares of Intrepid NuStar
Exchange Corporation quoted on the TSX:IXN.

                   CUSIP: Q4968A       ABN: 11 060 156 452

For further information:

For further information: TORONTO, CANADA: Ann Candelario, VP Investor
Relations, Tel: (416) 368-4525,; PERTH,
AUSTRALIA: Derek Humphry, Chief Financial Officer, Tel: +61 8 9346 0000,

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