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Idaho Strategic Resources, Inc. Common Stock

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About

Idaho Strategic Resources, Inc. (IDR) is a mineral resource company based in Coeur d'Alene, Idaho, primarily focused on gold exploration and development within the state of Idaho.

The company's main operations are centered on its projects in northern Idaho. Its principal asset is the Golden Chest Mine, a past-producing gold property where it conducts exploration and development activities. The company's work involves identifying mineral deposits, advancing them through the stages of resource definition, and working towards future extraction. While gold is its primary focus, its properties also contain silver and various base metals.

Idaho Strategic Resources employs a strategy of acquiring and exploring historic mining districts, leveraging existing geological data and infrastructure. The company was originally incorporated in 1996 and operated for many years under the name New Jersey Mining Company before rebranding to its current name in late 2021 to better reflect its regional focus. Its business model is based on increasing the value of its mineral resources through exploration success and strategic development, with the long-term goal of moving projects toward production.