Intrepid Mines Announces Activities Report 2011 Last Quarter

Intrepid Mines Limited (TSX:IAU) announced its operational and exploration activities for the quarter ended 31 December 2011.

As quoted in the press release:

OVERVIEW

Tujuh Bukit

Tumpangpitu porphyry copper-gold zone Inferred Resource expanded by 70% to 1.7 billion tonnes at 0.41% copper and 0.46 g/t gold (at a cut-off grade of 0.2% copper):

• 15 billion pounds of copper and 25 million ounces of contained gold;

• areal extent 3.4 km by 2.8 km;

• 41 holes for 36,600 metres; and

• geological potential foreshadowed at an additional 40 to 60% at a slightly reduced grade.

Click here to read the Intrepid Mines Limited (TSX:IAU) press release.