Idaho Strategic Resources is pleased to announce its increased land holdings, within the Idaho Rare Earth Element-Thorium Belt, to over 11,000 acres, thus solidifying its place as the 2nd largest Rare Earth Element land-holding Company in the U.S. Early-day Cold War prospectors helped define the Idaho REE-Th Belt through participation in a nation-wide energy search for both uranium and thorium which was overseen by the [...]
Idaho Strategic Resources is pleased to provide the following President's Letter to Stakeholders. To the Stakeholders of Idaho Strategic Resources, In times like these, there is a tendency both as an investor and employee of an operating company to place a disproportional level of importance on macro events, which can cause one to lose sight of the fact that the ensuing opportunities only prove valuable to the [...]
Idaho Strategic Resources Inc. today announced its consolidated operating and financial results for the third quarter of 2022. The results are inclusive of the Company's planned expansion of its critical minerals holdings, the initiation of its first Rare Earth Element drill program, the advancement of the expansion of the New Jersey Mill tailings storage facility, and an updated mine plan and cost structure. Idaho [...]
Idaho Strategic Resources is pleased to provide highlights from its latest Paymaster hole, GC 22-224. The goal of the latest holes in this area between the Paymaster and Joe Dandy Shoots of the Golden Chest is to test the potential of 'connecting' the two shoots at the 800-Level underground and defining additional gold resources. The "800-Level" is of specific importance given it is also the level of current underground [...]
Idaho Strategic Resources Inc. is pleased to announce the conclusion of its first-phase exploratory drilling on its Diamond Creek Rare Earth Elements Project; after a two-month delay of the program due to the Moose Fire. IDR completed twelve drillholes from five different pads for a total of 1,200 m. The following is a letter to shareholders from Idaho Strategic's VP of Exploration, Rob Morgan. I am extremely optimistic [...]
Idaho Strategic Resources Inc. is pleased to announce that it intercepted new mineralized veins along with reaching the targeted vein in its exploration drifting in the Klondike area at the Golden Chest. Drifting along the vein in the crosscut revealed a section of visible gold in a swarm of quartz veins, with a grab sample of a 10-centimeter solid pyrite vein that assayed 1,300 grams per tonne gold - the highest gold [...]
Idaho Strategic Resources Inc. is excited to announce the start of exploratory core drilling within its significant land holdings in the Murray Gold Belt, just west of IDR's Golden Chest Mine. IDR's private land position in the MGB covers over 1,500 acres and is complimented by over 5,000 acres of unpatented mineral claims adjacent and nearby. Idaho Strategic' President and CEO, John Swallow stated, "We have long believed [...]
Idaho Strategic Resources Inc. announced its consolidated operating and financial results for the second quarter of 2022. Including an increase in revenue, the Company's addition of the Lemhi Pass Project, increased exploration at the Company's rare earth element projects, and the acquisition of a secondary headquarters located in Salmon. Idaho Strategic's President and CEO, John Swallow commented, "The world has [...]
Idaho Strategic Resources Inc. is pleased to announce that construction of the first two drill platforms has been completed and drilling is set to begin this week at its Diamond Creek Rare Earth Element Project near Salmon, Idaho. Concurrent with the start of the Company's drill program, the University of Idaho has begun conducting innovative Rare Earth Element separation experiments at their lab using soil and samples [...]
Idaho Strategic Resources Inc. is pleased to announce that it has received final approval for its Diamond Creek Rare Earth Element drill program scheduled to begin later this month. The Company's Diamond Creek Rare Earth Element property was initially discovered in the 1950's by the U.S. Government during extensive country-wide exploration efforts aimed at locating nuclear power related raw materials. This campaign [...]
Idaho Strategic Resources Inc. is pleased to announce its endorsement of the Thorium Energy Security Act of 2022, a bill which was submitted to Congress on May 18th, 2022, by U.S. Senator Tommy Tuberville, a member of the Senate Armed Services Committee, and Senator Roger Marshall, a member of the Senate Committee on Energy and Natural Resources. The Thorium Energy Security Act aims to prevent the destruction of Uranium [...]
Idaho Strategic Resources is pleased to announce it has added the Lemhi Pass Thorium Project, located in the Lemhi Pass District in central Idaho. The Lemhi Pass District is "listed as the largest concentration of Thorium resources in the United States", per the U.S. Geological Survey and the Idaho Geological Survey . The addition of this important and sizeable land package not only compliments IDR's nationally ranked [...]
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