secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001654954-24-003590
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424003590/0001654954-24-003590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424003590/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-003590

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