Carolyn Turner
Effective August 8, 2023, the Board of Directors of Idaho Strategic Resources, Inc. (the “Company”) appointed Carolyn Turner as an independent member of the Company’s Board of Directors.
Highest-materiality recent filing
Idaho Strategic Q2 revenue up 13.25% to $10.73M; net income rises 31.95% to $3.65M
Q2 revenue $10,732,335 (+13.25% YoY); net income attributable to IDR $3,651,596 (+31.95%); EPS $0.23 (+15%).
Idaho Strategic Resources shareholders re-elect all five director nominees and ratify auditor
All five director nominees (John Swallow, Grant Brackebusch, Kevin Shiell, Rich Beaven, Carolyn Turner) re-elected to one-year terms.
Idaho Strategic Resources auditor changes due to merger; no prior disagreements
Assure CPA, LLC resigned after merging into Sadler, Gibb & Associates, LLC on June 3, 2026.
Idaho Strategic reports record Q1 2026: revenue up 99% to $14.5M, net income $6.4M
Revenue of $14.48M (+98.97% YoY); net income of $6.39M (+297% YoY); EPS $0.40 vs $0.12.
Idaho Strategic Resources reports record 2025 revenue $42.4M, EPS $1.14, up 70% YoY
Revenue $42.4M (+64.6% YoY); net income $16.7M (+89.2%); diluted EPS $1.14 (+70.1%).
Idaho Strategic reports record Q3 revenue $11.1M (+80.1% YoY) and gross profit $7.0M (+135.1% YoY)
Net income $2.97M (+87.5% YoY); diluted EPS $0.20 vs $0.12 in Q3 2024.
Company entered Sales Agreement with Roth Capital Partners to sell up to $20M of common stock in at-the-market offerings.
IDR Q2 revenue record $9.48M, up 54.7% YoY; net income $2.77M, EPS $0.20
Revenue of $9,476,739 (+54.71% YoY); gross profit $5,475,786 (+78.17%).
John Swallow, Grant Brackebusch, Kevin Shiell, Rich Beaven, Carolyn Turner elected as directors for terms expiring at 2026 annual meeting.
Idaho Strategic Q1 2025: revenue $7.28M (record), net income $1.61M, EPS $0.12; drills 4,230m
Revenue up 23.39% YoY to $7,278,536; gross profit $3.70M (+30.30%).
Idaho Strategic Resources reports record annual revenue, net income, and gold production for 2024
Annual revenue $25.77M (+88.66% YoY); net income $8.84M (+663.27% YoY); EPS $0.68.
Idaho Strategic drills 1.3m of 150.25 g/t gold at Golden Chest Mine
Hole GC 24-265 intercepted 4.5m at 50.86 g/t Au, including 1.3m at 150.25 g/t in Red Star Vein.
Total 425,000 options under 2023 Equity Plan; each director receives 10,000, four named officers (Swallow, Brackebusch, Morgan, Hayes) receive 13,000 each.
Idaho Strategic Q3 revenue up 86% to $6.15M, net income up 376% to $2.00M
Revenue of $6.15M (+86.39% YoY); net income $2.00M (+376.44% YoY); EPS $0.15 vs $0.03.
Idaho Strategic Resources enters $15M ATM equity sales agreement with Roth Capital Partners
Company may offer and sell up to $15M of common stock at market prices via Roth Capital Partners as sales agent.
Idaho Strategic Q2 revenue up 89% to $6.1M, net income soars 558% to $2.16M
EPS of $0.17 vs $0.03 in Q2 2023; net income attributable to IDR $2,157,873.
Annual meeting held June 17, 2024; 9,854,304 shares voted (77.35% of 12,740,362 outstanding).
Idaho Strategic reports 80.6% gold production increase; CEO to sell 10% of holdings
Gold ounces produced in Q1 2024 rose 80.6% versus Q1 2023; strong gold price also boosted financials.
Idaho Strategic Q1 revenue +76.5%, net income up 35-fold, EPS $0.17
Revenue $5.90M (+76.5% YoY); net income $2.17M vs $60.6K; EPS $0.17 vs $0.01.
Idaho Strategic reports 42.6% revenue increase, first full-year net income of $1.16M
Revenue $13.66M (up 42.6% YoY); net income $1.16M vs. ($2.54M) loss in 2022.
Idaho Strategic purchases Butte Gulch claims for $1M; terminates 2% NSR; plans paste backfill
Purchased 169-acre Butte Gulch property adjacent to Golden Chest for $1M: $350K down, $650K note at 5% over 3 years.
Idaho Strategic reports record FY2023 revenue of $13.6M, up 41.9% YoY
2023 gold production of 8,100 oz, a 32.7% increase over 2022.
Idaho Strategic Q3 revenue up 89% to $3.3M, net income $404K vs year-ago loss
Revenue $3.30M vs $1.75M in Q3 2022 (+89%); nine-month revenue $9.88M exceeds full-year 2022 total.
Amended warrants from Oct and Nov 2021 private placements to reflect name change and 14-for-1 reverse stock split.
Idaho Strategic Q2 2023: 3rd straight quarter of net income; revenue $3.2M, up 37% YoY
Revenue $3,236,515 for Q2 2023, up 37.2% from $2,358,492 in Q2 2022.
Idaho Strategic Resources appoints Carolyn Turner as independent director
Carolyn Turner, CPA, MBA, appointed to board effective August 8, 2023; she brings 30+ years mining experience.
Idaho Strategic Resources shareholders re-elect directors, approve auditor and 2023 equity plan
All four director nominees (Swallow, Brackebusch, Shiell, Beaven) re-elected to serve until 2024 annual meeting.
Idaho Strategic Q1 revenue up 63% to record $3.34M; swings to net income of $44K
Revenue $3,341,596 vs $2,044,417 YOY; record first quarter.
Idaho Strategic Q1 revenue >$3M; hits high-grade gold at Golden Chest mine
Q1 2023 revenue exceeded $3 million; Golden Chest Skookum development over a year ahead of schedule.
Idaho Strategic Q4 net profit $603,650; FY 2022 revenue up 25.5% gross profit up 218%
Q4 2022 net profit $603,650 vs loss $1,219,518 in Q4 2021; revenue $3.43M (+94.5% YoY).
Idaho Strategic withdraws $1.36/share bid for Westwater Resources after board refusal
Withdrew business combination proposal to acquire Westwater at $1.36 per share.
Idaho Strategic Resources raises $878,500 via private placement of restricted common shares
Sold 158,453 restricted shares at $5.50 to non-affiliates ($678,500) and $5.70 to CEO John Swallow ($200,000).
Estimated 2022 revenue $9.5M, gold production 6,000 oz (24.5% and 24.3% increases over 2021).
Idaho Strategic Resources reports record Q4 2022 revenue over $3M; provides year in review
Record Q4 2022 revenue exceeded $3M; improved balance sheet with debt primarily for equipment and Salmon building.
Idaho Strategic Resources reports Q3 net loss $1.9M; revenue down 17% YoY; guides Q4 rev $2.5-2.7M
Q3 revenue $1.745M vs $2.099M YoY; gross loss $228,760; net loss $1.909M vs $238K loss prior year.
Idaho Strategic grants 180,000 performance stock options at $5.25; CEO forfeits 21,429 options
Total 180,000 options granted to employees, directors, and officers; 54 employees each receive 3,000 options.
Idaho Strategic Q2 net loss widens to $852K; revenue up 8% to $2.36M, added thorium project
Revenue $2.36M in Q2 2022, up 8% YoY; gross profit collapsed to $7.5K from $362K due to lower gold prices and costs.
Idaho Strategic Resources shareholders re-elect all four director nominees and ratify auditor
All four director nominees (John Swallow, Grant Brackebusch, Kevin Shiell, Rich Beaven) re-elected with over 5.7M votes each.
Idaho Strategic Resources enters $10M at-the-market equity facility with Roth Capital
Up to $10,000,000 of common stock may be sold through Roth Capital Partners in ATM offerings on NYSE American.
Idaho Strategic Q1 revenue up 29% to $2.04M, net loss narrows to $473K
Revenue $2,044,417 vs $1,586,627 in Q1 2021; gross profit $306,143 vs loss of $71,403.
Idaho Strategic Resources raises $2.7M via private placement at $7.50/share
Total of 360,134 restricted common shares sold at $7.50 each for $2,701,000 in a non-brokered private placement.
Idaho Strategic to list on NYSE American; CEO cites macro tailwinds for gold and REE
Company announces its upcoming NYSE American listing, marking a milestone in corporate development.
Idaho Strategic Resources approved for NYSE American listing; ticker IDR
Common stock to begin trading on NYSE American on or about March 11, 2022 under ticker 'IDR'.
Idaho Strategic closes $2.7M private placement; expands rare earth and gold programs
Closed $2.7M oversubscribed non-brokered placement; 6,300 restricted shares at $7.50 each, no warrants.
Idaho Strategic Resources appoints Richard Beaven to Board of Directors
Richard Beaven, CFA, appointed as independent director effective Jan 12, 2022; uncompensated position.
Reverse stock split at 1-for-14 ratio effective December 6, 2021; shares reduced from ~150.6M to ~10.7M.
New Jersey Mining closes $600K private placement at $0.40/unit with one investor
Raised $600,000 from one investor through sale of 1,500,000 units at $0.40/unit, each unit one share and one-half warrant.
President's letter outlines 20k oz gold target, REE properties, potential NYSE American up-list
Company plans to rename to Idaho Strategic Resources, Inc.
New Jersey Mining to effect 1-for-14 reverse stock split, rename to Idaho Strategic Resources
1-for-14 reverse stock split approved by board and shareholders; Amended Articles filed in Idaho on Oct 22, 2021.
New Jersey Mining grants 2.6M stock options to employees and directors at $0.40
Total of 2,600,000 options granted to employees and directors.
Effective August 8, 2023, the Board of Directors of Idaho Strategic Resources, Inc. (the “Company”) appointed Carolyn Turner as an independent member of the Company’s Board of Directors.
Effective January 12, 2022, the Board of Directors of Idaho Strategic Resources, Inc. (the “Company”) appointed Richard Beaven as a member of the Company’s Board of Directors.
Max materiality 0.85 · Median 0.62 · Most common event other_material