UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

       (Check one) [ ]Form 10-K [ ] Form 20-F [X] Form 10-Q [ ] Form N-SAR

                        For Period Ended: March 31, 2001

                       [ ] Transition Report on Form 10-K
                       [ ] Transition Report on Form 20-F
                       [ ] Transition Report on Form 11-K
                       [ ] Transition Report on Form 10-Q
                       [ ] Transition Report on Form N-SAR

     For the Transition Period Ended:______________________________________

Read  Instructions (on back page) Before  Preparing Form.  Please Print or Type.
Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:

                        PART I -- REGISTRANT INFORMATION

Full Name of Registrant:

Intrepid Technology & Resources, Incorporated
- ---------------------------------------------

Former Name if Applicable:

Iron Mask Mining Company
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Address of Principal Executive Office (Street and Number):

501 West Broadway, Suite 200
- ----------------------------
Idaho Falls, Idaho  83402
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                       PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks






relief pursuant to Rule 12b-25(b), the following should be completed. (Check box
if appropriate).

     (a) The reasons  described  in  reasonable  detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

     (b) The subject annual report,  semi-annual  report,  transition  report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion  thereof,  will be filed on
or before the fifteenth  calendar [ ] day following the  prescribed due date; or
the  subject  quarterly  report of  transition  report on Form 10-Q,  or portion
thereof  will be filed on or before the fifth  calendar  [X] day  following  the
prescribed due date; and

     (c) The accountant's  statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.

                              PART III -- NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition  report or portion  thereof,  could not be filed within
the prescribed time period.

The Company has not yet completed the filing and will submit the Form 10Q within
the time allotted.

                          PART IV -- OTHER INFORMATION

     (1) Name and  telephone  number  of  person  to  contact  in regard to this
notification

Eric Steingruber            (208)           529-5337
- ----------------           ------           --------
(Name)                     (Area Code)   (Telephone Number)

     (2) Have all other  periodic  reports  required under Section 13 or 15(d)of
the Securities  Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
registrant  was  required to file such  report(s)  been filed?  If answer is no,
identify report(s). [X] Yes [ ] No

     (3) Is it anticipated that any significant  change in results of operations
from the corresponding  period for the last fiscal year will be reflected by the
earnings  statements to be included in the subject report or portion thereof?  [
]Yes [X] No

If so, attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

Intrepid Technology & Resources, Incorporated
- ---------------------------------------------
(Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.






Date: May 2, 2002

By: /s/ Eric Steingruber
- ------------------------
Eric Steingruber