[Graphic Omitted] EideBailly ---------------------- CPAs BUSINESS ADVISORS EXHIBIT 23.2 INDEPENDENT AUDITORS' CONSENT [LETTERHEAD] We consent to the use in the Registration Statement of Intrepid Technology & Resources, Inc. and Subsidiaries on Form SB-2 of our Auditors' Report, dated August 11, 2004, except for Note 13 dated October 12, 2004 on the consolidated balance sheets of Intrepid Technology & Resources, Inc. and Subsidiaries as of June 30, 2004 and 2003, and the related consolidated statements of operations, cash flows, and changes in stockholders' equity. In addition, we consent to the reference to us under the heading "Experts" in the Registration Statement. /s/ Eide Bailly, LLP "Eide Bailly, LLP" (formerly Balukoff, Lindstrom & Co., P.A. - joined Eide Bailly November 1, 2004) Boise, Idaho January 28, 2005 PEOPLE.PRINCIPLES.POSSIBILITIES ------------------------------- WWW.EIDEBAILLY.COM 77 West Main St.,Ste 805 Boise, Idaho 83702-5858 Phone208.344.7150 Fax 208.344.7435 EOE