09:48 AM EST - Intrepid Mines Limited : reported that the previously advised column leach test work program for the Preliminary Economic Assessment ("PEA") has been completed with excellent gold recoveries from the near surface gold-silver oxide deposit at the Tumpangpitu Prospect, Tujuh Bukit in Indonesia. These positive results warrant detailed investigation into heap leach-only economics compared to a milling circuit. The Updated Resource Estimate is for 130Mt at 0.55 g/t Gold and 18 g/t Silver for 2.4 Million Ounces of Contained Gold and 80 Million Ounces of Contained Silver. Intrepid Mines Limited
shares T.IAU are trading up $0.02 at $1.97.
