Idaho Strategic Resources Inc.

Idaho Strategic Resources is pleased to provide the following President's Letter to Stakeholders: First and most importantly, I want to start by acknowledging the impressive first quarter results released today. And while some may be quick to attribute our results to the strong performance of the gold price during the quarter, I believe that would be a disservice to our mine and mill operations team, years of work and the [...]

Idaho Strategic Resources announced its consolidated operating and financial results for the first quarter ending March 31, 2024. IDR achieved a 76.5% increase in revenue and a 35-fold increase in net income compared to the first quarter of 2023. Key highlights include: Operational Performance: Q1 2024 % Change Q1 2023 Ore Tonnes Processed 10,300 -7.6% 11,144 Average Flotation Feed Grade 10.31 83.1% 5.63 Ounces Produced [...]

Idaho Strategic Resources announced its consolidated operating and financial results for the year ending December 31, 2023. IDR achieved a 42.6% increase in revenue and a 35.1% increase in gold production over 2022. Idaho Strategic's CEO and President, John Swallow stated, "2023 proved to be a pivotal year for Idaho Strategic. At the end of 2022 we knew a year of blocking and tackling lay ahead and our team really [...]

Idaho Strategic Resources is pleased to announce that it has purchased the Butte Gulch property located next to the Company's producing Golden Chest Mine. The Butte Gulch property is comprised of approximately 169 acres of private land and mineral rights located directly east and adjacent to the Golden Chest Mine. The Butte Gulch property was placer mined for gold as many as four separate times over its history, however [...]

Idaho Strategic Resources is pleased to announce that its CEO and President, John Swallow has been invited by members from the U.S. Department of Energy to speak at the upcoming workshop titled Future Innovation Needs for Responsible Mining of Critical Minerals in Denver, CO on January 25th. The United States Energy Association , in cooperation with the DoE and the Office of Fossil Energy and Carbon Management, has [...]

Idaho Strategic Resources is pleased to announce that 2023 was its best year in corporate history - continuing its track record of consistent revenue growth and operating results. Estimated top-line revenue for 2023 is $13.6 million resulting from over 8,100 ounces of gold production, which represents a 41.9% increase in revenue and a 32.7% increase in ounces produced over 2022. Idaho Strategic President and CEO, John [...]

Idaho Strategic Resources is pleased to announce that members from the Company's management team will be participating in both the Vancouver Resource Investment Conference and the Idaho Mining Day at the Capitol. Idaho Strategic will have a booth at each event with multiple members from the Company in attendance, including its President and CEO, John Swallow. The Vancouver Resource Investment Conference will be held at [...]

Idaho Strategic Resources is pleased to provide its 2023 year in review via a President's Letter to Stakeholders: To the Stakeholders of Idaho Strategic Resources, 2023 was an exciting year for the Company on all fronts. Perhaps the biggest and most obvious change has been the Company's shift to profitability, which began in the fourth quarter of 2022 and has continued throughout the three reported quarters of 2023 [...]

Idaho Strategic Resources is pleased to announce the results of its 2023 Mineral Hill exploration program, which included mapping, sampling and evaluation for development. These efforts resulted in the discovery of a new pink carbonatite, which yielded 34.1% total rare earth oxides. Bulk sampling along both the known and newly discovered carbonatite trends may contain some of the highest grade REE values ever identified [...]

Idaho Strategic Resources announces results of its 2023 trenching program at Lemhi Pass. A total of 1,070 linear feet was divided to construct eight trenches over three prospects. The three historical prospects known as In-Trust, Sparky, and Independence mark the first prospects out of IDR's expansive land position to be tested in the district. IDR maintains approximately 11,425 acres of unpatented claims and state lease [...]