Idaho Strategic Resources Inc.

daho Strategic Resources is pleased to announce the commencement of its drill program and initial high-grade intercepts at the Company's Golden Chest gold mine. This drill program is designed to target both the H-Vein and the Idaho Vein at-depth below the current underground workings. The high-grade drill intercepts announced in today's press release are from the first hole drilled and estimated to be approximately 20 [...]

Idaho Strategic Resources is pleased to announce its consolidated operating and financial results for the second quarter of 2023 highlighted by $3,236,515 in revenue and $295,822 in net income. Idaho Strategic's President and CEO, John Swallow stated, "The second quarter of 2023 marked the Company's third consecutive quarter that we achieved revenue above $3 million along with demonstrating positive net income . The [...]

Idaho Strategic Resources is pleased to announce that Carolyn Turner, CPA, MBA has joined the Company as an independent board member. Mrs. Turner is currently the owner and principal of Graham Peak Consulting, LLC in Kingston, ID where she specializes in accounting and finance consulting in the mining and heavy construction industries. Prior to her time at Graham Peak Consulting, Mrs. Turner spent over 30 years in the [...]

Idaho Strategic Resources is pleased to announce the discovery of 23.5% total rare earth elements in a sample taken from the Company's Mineral Hill Project in Lemhi County, Idaho. The Mineral Hill rare earth elements project is comprised of approximately 2,000 acres situated in the northern portion of the Idaho REE-Th Belt. The project includes four distinct REE occurrences known as Lower Roberts, Upper Roberts, Lower Lee [...]

Idaho Strategic Resources is pleased to announce the expansion of the Company's Roberts project with the addition of the Phyllis Gross and Lower Lee Buck claim groups; and the subsequent rebranding of this landholding as the Mineral Hill REE project. Given the increased size of these additional claim groups, the prior reference to "Roberts" becomes inadequate when referring to our expansive landholdings. The addition of [...]

Idaho Strategic Resources is pleased to announce the recent completion of surface mining of the high-grade Jumbo Vein and plans for exploration of the Jumbo Vein by drifting along the vein from the pit bottom. Surface mining of the Jumbo Vein resulted in 4,000 tonnes of ore at a grade of 17.3 grams per tonne gold. IDR Vice President Grant Brackebusch commented, "Following completion of surface mining, we plan to advance [...]

Idaho Strategic Resources announced its consolidated operating and financial results for the first quarter of 2023 highlighted by $3,341,596 in revenue - a record first quarter and the second-best quarter overall in Company history. Idaho Strategic's President and CEO, John Swallow stated, "The first quarter of 2023 was another busy time for us. With over a 60% increase in revenue compared to Q1 of 2022, our team [...]

Idaho Strategic Resources is pleased to announce an exploration crosscut intercepted the "H-Vein" at the Golden Chest Mine on March 29th, cutting a strongly mineralized vein that assayed 32.1 grams per tonne gold over 0.43 meters on the northern rib and 54.1 gpt over 0.72 meters on the southern rib. Both samples represent true thickness. The H-Vein lies 60 meters west of the Idaho Vein at the 794 elevation in the [...]

Idaho Strategic Resources is pleased to provide the following President's Letter to Stakeholders: To the Stakeholders of Idaho Strategic Resources, IDR's corporate journey began when the world seemed less complicated and somewhat more certain, and I get the impression that many of us didn't fully appreciate those 'good times' for what they were. Now, aside from being part of the most telegraphed rising interest rate [...]

Idaho Strategic Resources Inc. announced its consolidated operating and financial results for the year ending December 31, 2022. Including a $603,650 net profit for the 4th quarter of 2022, and a 25.5% increase in revenue with a 218% increase in gross profit in 2022 compared to 2021. Idaho Strategic's CEO and President, John Swallow stated, "I am proud of the way the IDR team performed throughout 2022. It is typically a [...]