Idaho Strategic Resources Inc.

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 [...]

4th consecutive quarter of profitability and 4th consecutive quarter of revenue above $3 million Revenue for the nine-month period ending Sept. 30th, 2023, exceeds the revenue achieved for all of 2022 COEUR D'ALENE, ID / ACCESSWIRE / November 6, 2023 / Idaho Strategic Resources Inc. is pleased to announce its consolidated operating and financial results for the third quarter of 2023 highlighted by $3,301,221 in revenue [...]

Idaho Strategic Resources is pleased to announce the extension of high-grade mineralization at its Mineral Hill rare earth elements project. The Company is also pleased to report on the progress made at each of its Idaho REE projects and discusses the Company's partnerships and potential opportunities. Mineral Hill REE Project Over the course of the 2023 rare earth elements geology field season, Idaho Strategic achieved [...]

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 [...]