Idaho Strategic Resources is pleased to announce high-grade gold drill results from multiple areas at its 100% owned Golden Chest Mine. The recent drilling campaign has yielded significant intercepts in three different key areas- the Paymaster Veins, the Bush and Jumbo Veins, and the Claggett Vein-each demonstrating robust gold mineralization near existing underground infrastructure. These results underscore the Golden [...]
Idaho Strategic Resources is pleased to announce that the Company has signed a Memorandum of Understanding with Clean Core Thorium Energy to evaluate the feasibility of thorium mining, processing, and other relevant supply chain steps for CCTE's ANEEL fuel - an advanced nuclear fuel comprised of thorium and high assay low-enriched uranium for use in pressurized heavy water reactors. Idaho Strategic and CCTE believe this [...]
Idaho Strategic Resources announced its consolidated operating and financial results for the first quarter ending March 31, 2025. The Company's production-backed exploration business plan is in full effect in 2025, resulting in the highest quarterly revenue in Company history and a significant reinvestment of cash flow in drilling and other exploration activities. Operating and financial results for the first quarter [...]
Idaho Strategic Resources announced its consolidated operating and financial results for the year ending De 31, 2024. IDR achieved record annual gold production and financial performance during 2024. Key highlights include: Operational Performance: 2024 % Change 2023 Ore Tonnes Processed 41,140 2.52 % 40,130 Average Flotation Feed Grade 9.67 44.11 % 6.71 Ounces Produced 11,915 44.48 % 8,247 All In Sustaining Cost Per [...]
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 [...]
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 [...]
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