secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2026-05-14T20:18:15+00:00
Accession:  0001654954-26-004897
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Strategic reports record Q1 2026: revenue up 99% to $14.5M, net income $6.4M
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- Revenue of $14.48M (+98.97% YoY); net income of $6.39M (+297% YoY); EPS $0.40 vs $0.12.
- Gold production 3,234 oz (+11.5% YoY); average realized gold price $4,702/oz (+65%).
- AISC rose to $1,868/oz (+30.5%) due to capitalized drilling and mill construction.
- Executed long-term lease on Niagara copper-silver project (historic ~150M lbs Cu, 8.8M oz Ag).
- Completed 8,700m of drilling at Golden Chest; Murray Mill foundation work underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495426004897/0001654954-26-004897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495426004897/idr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-004897

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