Intrepid Mines Limited: Appointment of New Chief Executive Officer and Managing Director

Oktober 03 12:00 2013

BRISBANE, AUSTRALIA — (Marketwired) — 10/03/13 — Intrepid Mines Limited („Intrepid“, the „Company“) (ASX: IAU)(TSX: IAU) is pleased to announce the appointment of Mr Scott Lowe as Chief Executive Officer and Managing Director. Scott, who will take up his duties from 1 November 2013, has extensive experience in international mining operations and managing international litigation issues. He also has a sound knowledge and understanding of the various jurisdictions into which the company may expand in the future. Scott was previously employed as Managing Director and CEO of Blackthorn Resources Ltd and has held senior management roles with BHP Billiton, Peabody Pacific and P&O. He holds an MBA along with tertiary qualifications in Mining Engineering and is a member of the Australian Institute of Company Directors.

The key terms of Mr Lowe-s remuneration package are as follows:

Commenting on the appointment, Executive Chairman Ian McMaster stated „we are looking forward to Scott joining Intrepid. His extensive experience in international mining operations, his proven negotiation skills and past experience in building teams and developing new projects; will prove invaluable as we work to protect and enforce the Company-s rights to the Tujuh Bukit Project and to develop new opportunities to take the Company forward“.

ABN: 11 060 156 452

Contacts:
Ian McMaster
Executive Chairman
Brisbane, Australia
+61 7 3007 8000

Greg Taylor
Toronto, Canada
+905 337 7673
Mobile: +416 605 5120

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