EXHIBIT 5.1

                                  [LETTERHEAD]

January 28, 2005

Intrepid Technology & Resources, Inc.
501 West Broadway, Suite 200
Idaho Falls, Idaho 83402
(208) 529-5337

Re:       Intrepid Technology & Resources, Inc. (The "Corporation") Registration
          Statement on Form SB-2 (The "Registration Statement")

Ladies and Gentlemen:

     We  are  special  Idaho  counsel to Intrepid Technology and Resources, Inc.
("Intrepid")  in  connection  with  the  proposed issuance of 210,160,598 common
shares  of  Intrepid (the "Shares") pursuant to a Registration Statement on Form
SB-2  (the "Registration Statement") with the Securities and Exchange Commission
under  the  Securities  Act  of  1933,  as  amended  (the  "Act").

     This  opinion  is  delivered  to  you in support of Intrepid's Registration
Statement.  In rendering the opinion set out below, we have examined original or
duplicate  copies  or  certified  copies  of  such  corporate  records and other
documents  and  such  questions  of  law as we have considered necessary for the
purposes  of  this  opinion.

     Based  upon  the  foregoing,  we  are  of the opinion that the Shares, when
issued  in accordance with the Registration Statement, will be validly issued as
fully-paid  and  non-assessable  shares  in  the  capital  of  Intrepid.

     The foregoing opinion is limited to the current laws of the State of Idaho.
We  express  no opinion as to the application of the federal securities laws nor
to  the  blue  sky laws of the various states as to the issuance and sale of the
Shares.

     We  hereby  consent  to  the  filing  of  this opinion as an exhibit to the
Registration  Statement  and  to  the  use  of our name under the heading "Legal
Matters"  in  the  Registration  Statement.  Such  consent  is  given without us
admitting  that  we  are "experts" within the meaning of the Act or the rules or
regulations of the Securities and Exchange Commission thereunder with respect to
any  part  of  the  Registration  Statement.

Very truly yours,

/s/ Moffatt Thomas Barrett Rock & Fields, Chartered

Moffatt, Thomas, Barrett, Rock &
     Fields, Chartered