---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005607"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:38:34.454201+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Q1 revenue +76.5%, net income up 35-fold, EPS $0.17

## Summary
- Revenue $5.90M (+76.5% YoY); net income $2.17M vs $60.6K; EPS $0.17 vs $0.01.
- Gold production 3,116 oz (+80.6%); flotation feed grade 10.31 gpt (+83.1%).
- AISC per ounce $1,097.09, down 28.8% from $1,540.20.
- Purchased Butte Gulch property adjacent to Golden Chest Mine.
- Paste backfill system expected to save $500K–$800K/yr; new concentrate broker contract to save $200K–$400K/yr.

## SEC filing metadata
- accession: 0001654954-24-005607
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495424005607/0001654954-24-005607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495424005607/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005607
- JSON: https://secwatch.observer/filing/0001654954-24-005607.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005607.txt

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