Idaho Strategic Resources Inc.

The Company plans for its busiest exploration season to-date in 2025 targeting rare earth elements and thorium at its expansive land holdings in central Idaho All three projects: Lemhi Pass, Mineral Hill, and Diamond Creek are included in the U.S.' National REE Inventory and located in Idaho's well-known and underexplored REE-Th Belt IDR believes its projects are well suited for President Trump's recent Executive Order [...]

Idaho Strategic Resources is pleased to announce additional high-grade drill highlights from its operating Golden Chest Mine. The company intersected high-grade gold in six separate veins most of which are relatively near the mine's current underground infrastructure. Drill intercepts are reported in grams of gold per tonne and in drilled thickness, as indicated in the table below: Hole Target Vein From To Drilled [...]

Gold mining stocks are having a moment. In the early months of 2025, shares of gold miners have surged, outpacing even the price of gold itself. The VanEck Gold Miners ETF, a bellwether for the sector, is up 20% year-to-date, compared to gold's 12% rise and the S&P 500's modest 1.7% gain. This marks a significant shift from recent years, when miners often lagged behind the metal they produce.
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Idaho Strategic Resources is pleased to celebrate its team's accomplishments in 2024 as the Company looks forward to a busy and productive 2025. Idaho Strategic's President and CEO, John Swallow commented, "On behalf of our team at Idaho Strategic, I would like to thank our shareholders and broader stakeholders for their support during 2024. Our Company has turned the corner on profitability which has allowed us to [...]

Idaho Strategic Resources is pleased to provide the following President's Letter to stakeholders: To the Stakeholders of Idaho Strategic, My/our approach to stakeholder relations has been to communicate our thoughts and discussions in a way that I would appreciate if the roles were reversed. And as many Americans do during the days leading up to Thanksgiving, for me this season seems to have brought more than its fair [...]

Idaho Strategic Resources is pleased to provide an update on its extensive Idaho-based rare earth elements landholdings, including its plans for the 2025 REE exploration field season focusing on the Company's Lemhi Pass project. To recap, on November 15th, 2023 IDR announced impressive results from analysis of sampling at two prospects within its Lemhi Pass project. And as previously stated, the distribution of rare earth [...]

Idaho Strategic Resources announced its consolidated operating and financial results for the second quarter ending September 30, 2024. IDR achieved an 86.39% increase in revenue and a 376.44% increase in net income compared to the second quarter of 2023. Key highlights include: Operational Performance: Q3 2024 % Change Q3 2023 Ore Tonnes Processed 10,470 0.38% 10,430 Average Flotation Feed Grade 9.32 45.40% 6.41 Ounces [...]

Idaho Strategic Resources is announcing a new high-grade gold discovery and preliminary highlights from the Golden Chest 2024 summer drill program. The Red Star Vein discovery occurred during a drill program targeting hangingwall veins in the Klondike area, located approximately 600 meters north of existing mining in the Skookum area at the Golden Chest mine. The Red Star Vein, like the nearby H-Vein, does not outcrop on [...]

Idaho Strategic Resourcesis pleased to announce that its joint application with Shoshone County and the support of Avista Utilities to Idaho's Rural Community Investment Fund was awarded the maximum $430,000 allowable toward upgrades to public power infrastructure for the benefit of the unincorporated town of Murray, Idaho and Idaho Strategic's Golden Chest Mine, among others. The power infrastructure upgrade is expected [...]

Idaho Strategic Resources announced its consolidated operating and financial results for the second quarter ending June 30, 2024. IDR achieved an 89.26% increase in revenue and a 558.30% increase in net income compared to the second quarter of 2023. Key highlights include: Operational Performance: Q2 2024 % Change Q2 2023 Ore Tonnes Processed 9,260 -20.91% % 11,708 Average Flotation Feed Grade 10.29 40.77 % 7.31 Ounces [...]