---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005645"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T15:27:28.366051+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic reports 80.6% gold production increase; CEO to sell 10% of holdings

## Summary
- Gold ounces produced in Q1 2024 rose 80.6% versus Q1 2023; strong gold price also boosted financials.
- CEO John Swallow plans to sell ~10% of his IDR stock for personal estate planning; remains largest shareholder.
- First-ever drill program at Eastern Star property scheduled for early June.
- Construction of paste backfill plant at Golden Chest Mine expected to improve costs and efficiency.
- High-grade REE samples from Mineral Hill and Lemhi projects supplied to three national labs for separation technology studies.

## SEC filing metadata
- accession: 0001654954-24-005645
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495424005645/0001654954-24-005645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495424005645/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005645
- JSON: https://secwatch.observer/filing/0001654954-24-005645.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005645.txt

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