secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001654954-23-004226
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Strategic Q4 net profit $603,650; FY 2022 revenue up 25.5% gross profit up 218%
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- Q4 2022 net profit $603,650 vs loss $1,219,518 in Q4 2021; revenue $3.43M (+94.5% YoY).
- FY 2022 revenue $9.58M (up 25.5%); gross profit $1.55M (16.2% margin vs 6.4%) from gold sales.
- Gold production 6,103 oz from mill processing 42,260 dmt at 4.33 gpt Au; AISC $1,777/oz.
- Acquired ~18,030 acres of rare earth projects in Idaho; drilling returned 1.3% TREO over 11.3m.
- Uplisted to NYSE American in March 2022 and rang opening bell from underground mine.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423004226/0001654954-23-004226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423004226/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-004226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer