Idaho Strategic Q2 2023: 3rd straight quarter of net income; revenue $3.2M, up 37% YoY

Idaho Strategic Resources, Inc.

Revenue $3,236,515 for Q2 2023, up 37.2% from $2,358,492 in Q2 2022.
Net income $295,822 in Q2 2023, vs. net loss of $852,249 in Q2 2022.
Gross profit margin improved to 24.5% from 0.3% in Q2 2022; operating income $289,987.
H-Vein mining drove head grade up 30% over Q1; 11,708 dmt milled at 7.31 gpt gold and 92.6% recovery.
Rare earth project expanded: Mineral Hill REE project formed; sample returned 23.5% TREE.

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