This advertisement appeared in today's Financial Review on page...

This advertisement appeared in today's Financial Review on page 7.

Interpid Mines (ACN 060 156 452) (the "Company" or "IAU"), the Australian domiciled precious and base metals development and exploration company, which is dual listed on the Australian Stock Exchange (ASX) and Toronto Stock Exchange (TSX) (ASX/TSX: IAU), has experienced a material decline in its share price since November 2010.

We are currently conducting due diligence with respect to a potential class action in relation to this decline in the share price.

If you are:
* a shareholder who purchased shares in IAU between 1 April 2008 and 19 July 2012 either by subscription for shares pursuant to the bought deal financing or share purchase plan offered by the company in November/ December 2010 or by buying shares on the ASX or TSX; and

* feel that you have suffered loss as a result of the decline in the Company's share price,

please register your interest by emailing Paul Willis on [email protected] or by telephoning +618 636 43693. Once you have registered your interest, we will send you a questionnaire to obtain more details about your circumstances.