Idaho Strategic Resources, Inc. is a mineral exploration company. The Company holds mineral properties in the three mining districts of Idaho and Montana. It focuses on the production of gold and exploring rare earth minerals. The Company conducts its surface and underground mining operations at its 100 % owned Golden Chest Mine and conducts milling operations at its New Jersey Mill. The Golden Chest Mine consists of an underground mine, an open pit mine, and an exploration project located about 1.5 miles east of Murray, Idaho, comprised of approximately 25 patented mining claims (280 acres) and 90 unpatented claims (1,390 acres). The New Jersey Mill is a flotation mill and concentrate leach plant (CLP) located about two miles east of Kellogg, Idaho, in the Coeur d'Alene mining district. The Company owns a 50 % interest in Butte Highlands Gold Project, which is located approximately 15 miles south of Butte, Montana, covers approximately 135 acres and includes 11 patented claims.
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