Idaho Strategic Resources, Inc. is engaged in the business of exploring for, developing, and extracting gold, and to a lesser extent, silver, and base metal mineral resources in the Greater Coeur dAlene Mining District of North Idaho. It produces gold at the Golden Chest Mine located in the Murray Gold Belt area of the Coeurd Alene Mining District, north of the prolific Silver Valley. It 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 is the Company’s only Production Stage mine and is comprised of an underground mine, an open pit mine, and an exploration property located about 1.5 miles east of Murray, Idaho, and includes 86 patented mining claims (1,322 acres) and 217 unpatented claims (4,300 acres). The New Jersey Mill is a 360-tonne per day, flotation mill and concentrate leach plant located two miles east of Kellogg, Idaho, in the Coeur d’Alene Mining District.
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