Idaho Strategic Resources Inc.

New Jersey Mining Company is pleased to announce it has closed a $2.7 million private placement from 18 investors and has also been notified of warrants to be exercised in connection with a private placement completed in October of 2017. The Company will receive an additional $258,000 upon exercise of the warrants. Proceeds from the private placement will be used to accelerate a drill program targeting down-dip gold [...]

New Jersey Mining Company today announced its consolidated operating and financial results for the second quarter of 2020. The full version of the Company's interim unaudited consolidated financial statements and management's discussion and analysis can be viewed on the Company's web site, and EDGAR. All amounts are expressed in U.S. dollars unless otherwise specified. NJMC President and CEO, John Swallow stated, "As [...]

New Jersey Mining Company is pleased to distribute this President's Letter to Shareholders, which includes an update on 2nd quarter operations and future plans, from NJMC President & CEO John Swallow: It is our belief that the current backdrop is evolving into a predictable fiscal and generational-based reality. Structural issues with the dollar, reserve currency status, the long-term debt cycle, critical minerals and [...]

New Jersey Mining Company is pleased to announce the expansion of its strategic land holdings to include the Roberts Rare Earth Element Project in Lemhi County, Idaho. The Roberts REE Project is comprised of 12 unpatented mining claims covering an area of approximately 89 hectares . This Project is located within the Mineral Hill Mining district, approximately 48 kilometers northwest of the town of Salmon, Idaho. Recent [...]

New Jersey Mining Company is pleased to announce the strategic expansion of its land holdings to include the Diamond Creek Rare Earth Element deposit in Lemhi County, Idaho. The Diamond Creek REE Project covers approximately 421 hectares and is comprised of 52 unpatented mining claims. It is located in the Eureka Mining district, approximately 13 kilometers north-northwest of the town Salmon, Idaho. The REE-bearing veins [...]

New Jersey Mining Company today announced its consolidated operating and financial results for the first quarter of 2020. The full version of the Company's interim unaudited consolidated financial statements and management's discussion and analysis can be viewed on the Company's web site, and EDGAR. All amounts are expressed in U.S. dollars unless otherwise specified. Operational Highlights for 2020 include: For the [...]

New Jersey Mining Company wishes to provide an update on the press release dated April 10, 2020 regarding the Company's application to cease to be a reporting issuer. As noted in that press release, the Company has submitted an application to the Ontario Securities Commission to cease to be a reporting issuer. If the OSC grants the order that has been requested, the Company will cease to be a reporting issuer in all [...]

New Jersey Mining Company is pleased to discuss an expanded exploration focus and update on its Central Idaho properties. NJMC President and CEO, John Swallow stated, "While we await the 'next normal', the events of the last few months have brought to the forefront widespread awareness that 'just-in-time' inventory management will need to evolve and the fragility from reliance on foreign sources are now in the public [...]

New Jersey Mining Company today announced it has applied to voluntarily delist its common shares from the CSE. NJMC President and CEO, John Swallow stated, "This decision is something we have been evaluating for a while - and more so after our recent experience and attendance at the Vancouver Resource Investment Conference . During the last few years, we have kept a close eye on what the next decade holds from the [...]

New Jersey Mining Company today announced its consolidated operating and financial results for the year ending December 31, 2019. NJMC CEO and President, John Swallow stated, "As I prepare the quotational part of this press release I can't help but think just how different the global backdrop is today as opposed to a short time ago. We first became aware of the coronavirus while at the VRIC in January, so we kept our [...]