---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-003590"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:19:18.977842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic reports 42.6% revenue increase, first full-year net income of $1.16M

## Summary
- Revenue $13.66M (up 42.6% YoY); net income $1.16M vs. ($2.54M) loss in 2022.
- Gold production 8,247 oz (up 35.1%); AISC fell to $1,279/oz from $1,689/oz.
- Gross profit margin rose to 29.0% from 16.2% in 2022.
- Golden Chest H-Vein ore averaged 6.36 gpt; mill processed 40,130 dmt at 92% recovery.
- REE samples up to 34.1% total rare earth oxides at Mineral Hill; 5% TREO at Lemhi Pass.

## SEC filing metadata
- accession: 0001654954-24-003590
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495424003590/0001654954-24-003590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495424003590/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-003590
- JSON: https://secwatch.observer/filing/0001654954-24-003590.json
- Plain text: https://secwatch.observer/filing/0001654954-24-003590.txt

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