---
schema_version: "secwatch.filing_event.v1"
accession: "0001052918-22-000027"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T07:48:42.388248+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic closes $2.7M private placement; expands rare earth and gold programs

## Summary
- Closed $2.7M oversubscribed non-brokered placement; 6,300 restricted shares at $7.50 each, no warrants.
- Proceeds will roughly double the Diamond Creek Rare Earth drill program and fund Klondike underground development at Golden Chest Mine.
- New Klondike drill intercepts: 0.74 g/t gold over 51.6 m incl. 11.8 g/t over 1.9 m in hole GC 21-207.
- Management says Klondike expansion supports goal of 20,000 oz annual gold production from Golden Chest.
- 2022 Diamond Creek drill budget originally ~$1M; enhanced with placement funds, drilling expected mid-summer.

## SEC filing metadata
- accession: 0001052918-22-000027
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000105291822000027/0001052918-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000105291822000027/njmc8kfeb15-22.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001052918-22-000027
- JSON: https://secwatch.observer/filing/0001052918-22-000027.json
- Plain text: https://secwatch.observer/filing/0001052918-22-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.