Idaho Strategic Resources Inc

Idaho Strategic Resources, Inc. engages in the exploration and development of gold, silver and base metal deposits. It has a portfolio of mineral properties namely: Golden Chest Mine, Murray Gold Belt, Butte Highlands and Central Idaho. The company was founded by Grant Brackebusch on July 18, 1996 and is headquartered in Coeur d'Alene, ID.

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COEUR D'ALENE, ID / ACCESSWIRE / December 13, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") 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 (TREO).

Idaho Strategic's Mineral Hill Sample Returns 34% Total Rare Earth Oxides (TREO)

COEUR D'ALENE, ID / ACCESSWIRE / November 15, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") 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.

Idaho Strategic's Lemhi Trenching Returns Up to 5% Total Rare Earths - Including Magnet REE Concentrations in Excess of 70%

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. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") is pleased to announce its consolidated operating and financial results for the third quarter of 2023 highlighted by $3,301,221 in revenue and $403,983 in net income.

Idaho Strategic Provides Third Quarter 2023 Operating and Financial Results - Achieves 89.15% Increase in Revenue

Idaho Strategic Resources, Inc. (IDR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Idaho Strategic Resources, Inc. (IDR): Can Its 7.4% Jump Turn into More Strength?

COEUR D'ALENE, ID / ACCESSWIRE / October 18, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") is pleased to announce the extension of high-grade mineralization at its Mineral Hill rare earth elements (REE) 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.

Idaho Strategic Extends Strike Length of High-Grade Mineralization at its Mineral Hill Rare Earth Elements Project - Provides Broader REE Update

COEUR D'ALENE, ID / ACCESSWIRE / October 3, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") 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.

Idaho Strategic Provides Production-Based Drill Update at the Golden Chest Gold Mine – Initial Results Indicate 18.7 Grams Per Tonne Gold Over 2.24 Meters True Thickness

Achieves 3rd consecutive quarter of profitability and 3rd consecutive quarter of revenue above $3 million COEUR D'ALENE, ID / ACCESSWIRE / August 14, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR" or the "Company") 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 (a claim not all mining companies can share).

Idaho Strategic Provides Second Quarter 2023 Operating and Financial Results

COEUR D'ALENE, ID / ACCESSWIRE / August 8, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") 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.

Idaho Strategic Announces the Addition of Carolyn Turner to the Company's Board of Directors

Idaho Strategic Resources, Inc. (IDR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Idaho Strategic Resources, Inc. (IDR) a New Strong Buy Stock

COEUR D'ALENE, ID / ACCESSWIRE / July 13, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce the discovery of 23.5% total rare earth elements (TREE) in a sample taken from the Company's Mineral Hill Project in Lemhi County, Idaho. The Mineral Hill rare earth elements (REE) project is comprised of approximately 2,000 acres situated in the northern portion of the Idaho REE-Th Belt.

Idaho Strategic Samples 23.5% Total Rare Earth Elements at its Mineral Hill Project

COEUR D'ALENE, ID / ACCESSWIRE / June 29, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce the expansion (and consolidation) 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.

Idaho Strategic Announces Expansion and Consolidation of 'Roberts' Rare Earth Elements Project and Rebranding - Now Known as the 'Mineral Hill REE' Project

Idaho Strategic Resources, Inc. (IDR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Idaho Strategic Resources, Inc. (IDR) Upgraded to Buy: Here's Why

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COEUR D'ALENE, ID / ACCESSWIRE / May 18, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce the recent completion of surface mining of the high-grade Jumbo Vein and plans for exploration of the Jumbo Vein by drifting along the vein from the pit bottom. Surface mining of the Jumbo Vein resulted in 4,000 tonnes of ore at a grade of 17.3 grams per tonne (gpt) gold.

Idaho Strategic Completes Surface Mining of High-Grade Jumbo Vein - Portal and Underground Exploration Planned

IDR has a good story to tell about a thorium deposit and rare earths. It's also got an ongoing gold mining operation.

Idaho Strategic Resources: Nice Try But It's Just A Gold Mine

Idaho Strategic Resources, Inc. (IDR) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.04 per share a year ago.

Idaho Strategic Resources, Inc. (IDR) Q1 Earnings and Revenues Beat Estimates

COEUR D'ALENE, ID / ACCESSWIRE / May 15, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the first quarter of 2023 highlighted by $3,341,596 in revenue - a record first quarter and the second-best quarter overall in Company history. Idaho Strategic's President and CEO, John Swallow stated, "The first quarter of 2023 was another busy time for us.

Idaho Strategic Provides Record First Quarter Operating and Financial Results

Idaho Strategic Resources, Inc. (IDR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Idaho Strategic Resources, Inc. (IDR) Moves 8.4% Higher: Will This Strength Last?

COEUR D'ALENE, ID / ACCESSWIRE / April 18, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce an exploration crosscut intercepted the "H-Vein" at the Golden Chest Mine on March 29th, cutting a strongly mineralized vein that assayed 32.1 grams per tonne (gpt) gold over 0.43 meters on the northern rib and 54.1 gpt over 0.72 meters on the southern rib. Both samples represent true thickness.

Idaho Strategic Begins Drifting on High-Grade H-Vein

COEUR D'ALENE, ID / ACCESSWIRE / April 12, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to provide the following President's Letter to Stakeholders: To the Stakeholders of Idaho Strategic Resources, IDR's corporate journey began when the world seemed less complicated and somewhat more certain, and I get the impression that many of us didn't fully appreciate those ‘good times' for what they were. Now, aside from being part of the most telegraphed rising interest rate environment in history - that apparently everyone saw coming except those charged with stress testing our banking system - our country and the rest of the world couldn't be more complicated and uncertain.

Idaho Strategic Issues President's Letter to Stakeholders

COEUR D'ALENE, ID / ACCESSWIRE / March 31, 2023 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the year ending December 31, 2022. Including a $603,650 net profit for the 4th quarter of 2022, and a 25.5% increase in revenue with a 218% increase in gross profit in 2022 compared to 2021.

Idaho Strategic Reports 4th Quarter Financial Highlights and 2022 Operating and Financial Performance

VANCOUVER, BC, Feb. 28, 2023 /PRNewswire/ - Strategic Resources Inc. (TSXV: SR) (the "Company" or "Strategic") is pleased to announce it has closed its first tranche of the $13.5 million subscription receipts (the "Receipts" or "Receipt Offering") financing announced on December 13, 2022. The $9.2 million first tranche consisted of $4.3 million from Orion Resource Partners (USA) LP, $3.0 million from Ross Beaty and $1.9 million from other investors. The $4.3 million balance of the Receipts is expected from Investissement Québec following necessary authorizations.

Strategic Resources Closes First Tranche of Subscription Receipts

COEUR D'ALENE, ID / ACCESSWIRE / February 16, 2023 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce the discovery and sample results of 32 meters (m) of Rare Earth Elements (REE) and Niobium (Nb) mineralization across a drill pad at Diamond Creek. The mineralization was exposed at the surface providing the opportunity to be sampled and recorded during post-drilling reclamation efforts.

Idaho Strategic Discovers 32 Meters of Continuous Rare Earth Elements and Niobium Mineralization at the Surface at Diamond Creek

Westwater Resources

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Idaho Strategic Resources (NYSE American: IDR) (“Idaho Strategic” or “we”) today announced that it has withdrawn its business combination proposal to acquire Westwater Resources, Inc. (NYSE American: WWR) (“WWR” or “Westwater”) for $1.36 per share due to the Board of Directors (the “Board”) of Westwater's continued unwillingness to constructively engage in discussions around a potential combination.

Idaho Strategic Resources Withdraws Proposal to Acquire Westwater Resources

Golden Chest Mine Continues to be Proof-of-Concept as Rare Earth Elements Projects Advance COEUR D'ALENE, IDAHO / ACCESSWIRE / January 31, 2023 / Idaho Strategic Resources (NYSE American:IDR)("IDR" or the "Company") is pleased to announce that it has continued its track record of consistent revenue growth and operating results with estimated top-line revenue and production for 2022 of $9.5 million and 6,000 ounces of gold production, representing a 24.5% increase in revenue and a 24.3% increase in ounces produced over 2021. Idaho Strategic President and CEO, John Swallow stated, "The top-line 2022 revenue and production numbers from our gold operations are evidence that our production-based approach is working.

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