Business
Idaho Strategic Acquires the Toboggan Project from Hecla Silver Valley, Inc. - Uniting the Two Major Components of the Murray Gold Belt District for the First Time
COEUR D'ALENE, ID / ACCESS Newswire / July 31, 2025 / Idaho Strategic Resources (NYSE American:IDR) ("IDR", the "Company" or "Idaho Strategic") is pleased to announce that it has acquired the Toboggan project from Hecla Silver Valley, Inc., ("Hecla") ...
About this update from Hecla Mining Company
[{"type":"text","content":"COEUR D'ALENE, ID / ACCESS Newswire / July 31, 2025 / Idaho Strategic Resources (NYSE American:IDR) ("IDR", the "Company" or "Idaho Strategic") is pleased to announce that it has acquired the Toboggan project from Hecla Silver Valley, Inc., ("Hecla") a wholly owned subsidiary of Hecla Mining Company.","length":345,"tagName":"p"},{"type":"image","alt":"The map above shows IDR's current patented and unpatented land in pink and IDR's newly acquired patented and unpatented land from Hecla in grey and green, respectively.","displaySize":"","headline":null,"caption":"The map above shows IDR's current patented and unpatented land in pink and IDR's newly acquired patented and unpatented land from Hecla in grey and green, respectively.","credit":"Idaho Strategic Resources, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":1724,"height":1198,"url":"https://media.zenfs.com/en/accesswire.ca/652a9e709efa0133a418e6b496d55cb3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/scTQ_BC2NAZ0_bqJdvxo0Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY2NztjZj13ZWJw/https://media.zenfs.com/en/accesswire.ca/652a9e709efa0133a418e6b496d55cb3","width":960,"height":667},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/YRilv_u7eSncocARCBg4Yg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xNjY4O2NmPXdlYnA-/https://media.zenfs.com/en/accesswire.ca/652a9e709efa0133a418e6b496d55cb3","width":1200,"height":834}}},{"type":"text","content":"The Toboggan project is located in the Murray Gold Belt in northern Idaho, approximately three miles north of IDR's Golden Chest Mine. The land package comprises 143.5 acres of patented mining claims known as the Little Baldy prospect, and numerous adjacent unpatented mineral claims containing other prospects such as Gold Butte, Mineral Ridge, Golden Reward, Progress, Lost Eagle, and Independence.","length":404,"tagName":"p"},{"type":"text","content":"Past exploration focused on gold, silver, and tellurium by companies such as Newmont, Hecla, and New Jersey Mining (now IDR). For example, prior soil sampling by Newmont at the prospect known as Mineral Ridge identified an anomaly 2,000 meters in length by 650 meters in width that was not drill tested by Newmont due to expiration of the joint venture contract and stalled permitting in 2009. Another soil anomaly at the Go...