secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001654954-24-005607
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424005607/0001654954-24-005607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424005607/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-005607

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