Idaho Strategic Q1 revenue up 29% to $2.04M, net loss narrows to $473K

Idaho Strategic Resources, Inc.

Revenue $2,044,417 vs $1,586,627 in Q1 2021; gross profit $306,143 vs loss of $71,403.
Net loss of $473,069 improved from $1,662,404 a year ago; no stock-based compensation in 2022.
Cash costs per ounce fell to $978.70 from $1,476.24; AISC $1,557.32 vs $2,097.34.
Underground ore mined 4,900 tonnes; new March tonnage record; mill processed 11,014 dmt.
Uplisted to NYSE American; extinguished nearly $2M convertible debt; joined IGEM rare-earth program.

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