Idaho Strategic Resources, Inc. · AMEX:IDR
Idaho Strategic Resources — Investor Presentation (November 2023)
19 slides from Idaho Strategic Resources's investor presentation, November 2023
Slide 1: Idaho Strategic Resources
Idaho Strategic Resources “We Live Here” Gold Production Rare Earth Elements & Other Critical Minerals NYSE: IDR Winter 2023
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sect
Slide 3: Forward Looking Statements
Forward Looking Statements In addition, material risks that could cause actual results to differ from forward-looking statements include, but are not limited to: (i) gold and other metals price volatility; (ii) operating risks; (iii) currency fluctuations; (iv) increased production costs and varianc
Slide 4: An Idaho-Based Approach
An Idaho-Based Approach Corporate Overview Idaho: Ranked #7 Globally on the Investment Attractiveness Index Listed on the NYSE: IDR Headquartered in North Idaho Domiciled in Idaho Operations focused in Idaho IDR’s Business Plan “The stability of profitable and growing gold production combined with t
Slide 5: Share Information
Share Information Information as of Nov. 1, 2023 Shares Outstanding 12,256,523 Warrants 289,294 Employees Stock Options 477,449 Fully Diluted Shares 13,023,266 Insider Ownership 12.72%
Slide 6: Gold Production – Golden Chest Mine
Gold Production – Golden Chest Mine Gold Production: Golden Chest Mine Located in the Murray Gold Belt Current Production: H-Vein and Idaho Vein in the Skookum Shoot Targeted Production Gold Production: 10–15k oz/year Assumed AISC: $1,300 oz +/- Idaho Vein H-Vein Mining Additional Exploration Target
Slide 7: The New Jersey Mill
The New Jersey Mill New Jersey Mill Located in Kellogg, ID • 360 tonne per day (tpd) flotation mill and tailings storage facility • Expansion potential to add filter press for paste backfill system • Expansion potential to add additional tailings storage capacity on nearby IDR property Environmental
Slide 8: Addressing U.S.’ Critical Mineral Needs
Addressing U.S.’ Critical Mineral Needs Potential to address 19 of the 50 Strategic Critical Minerals outlined by the United States Geological Survey (USGS) and the Idaho Geological Survey (IGS)1 • 3 of the top domestic Rare Earth Elements Projects2 • The largest Rare Earth Elements landholder in th
Slide 9: Idaho’s Two Critical Mineral Belts
Idaho’s Two Critical Mineral Belts Idaho’s REE – Thorium Belt Runs parallel to the Idaho Cobalt Belt Abundance of Technology and Energy Metals Nationally recognized REE Deposits • Mineral Hill • Lemhi Pass • Diamond Creek Recognized as the #1 Thorium prospect in the U.S. • Lemhi Pass
Slide 10: Mineral Hill Rare Earth Project
Mineral Hill Rare Earth Project Monazite REE USGS Recognized Resource included in our National REE Inventory Mineralization Land package – 2,051 acres unpatented claims • REE mineralization associated with high-grade carbonatites Idaho Geological Survey sampling has total REE grades up to 21.5% • ID
Slide 11: Lemhi Pass REE & Thorium Project
Lemhi Pass REE & Thorium Project Nationally Recognized REE Deposit USGS recognized as the #1 Thorium prospect in the U.S. Land Package ~ 11,425 acres unpatented claims Select REE Sample Program Results Rare Earth Element Highlights: • 4.26% TREEs with 2.56% Neodymium • 2.35% TREEs with 1.21% Neodymi
Slide 12: Diamond Creek Rare Earth Project
Diamond Creek Rare Earth Project USGS Recognized Resource included in our National REE Inventory Land package – 4,554 acres unpatented claims 2022 Diamond Creek Drill Program • 11.3 meters of 1.3% TREEs • 10.1 meters of 0.7% Niobium • 1.1 meters of 2.2% TREEs • 0.5 meters of 1% Niobium 2022 Diamond
Slide 13: Chinese Rare Earth Monopoly
Chinese Rare Earth Monopoly U.S. REE Dependence5 U.S. imports ~58% of its REEs from China U.S. REE 2021 production of 43,000 tonnes, compared to China’s production of 168,000 tonnes U.S. REE reserves estimated at 1,800,000 tonnes, compared to China’s estimated reserves of 44,000,000 tonnes China con
Slide 14: Uses of Rare Earth Elements
Uses of Rare Earth Elements Permanent Magnets: NdFeB – Neodymium Iron Boron Magnets SmCo – Samarium Cobalt Magnets Key uses of REE permanent magnets include both decarbonization technologies like electric vehicles and wind turbines as well as national defense technologies such as the F-35 Fighter Je
Slide 15: Rare Earth Market Projections
Rare Earth Market Projections Adamas Projected Global REE Market7 $3.8 billion market in 2022 to $36.2 billion in 2035 Forecasted rare earth oxides consumption is projected for a CAGR of 19.1% Primary growth drivers are led by electric vehicles (50%) and wind power generators (25%) NdPr consumption
Slide 16: Global REE Production vs Demand
Global REE Production vs Demand 2019 Global Metal Estimated to Years to Metal Symbol Phase Out Fossil Metal Produce Metal U.S. goal is for 100% Production Fuels (tons) (tons) at 2019 Rates carbon pollution free electricity by 2035 Neodymium Nd 965,183 23,900 40.4 U.S. goal is for 50% of Praseodymium
Slide 17: Domestic Partners/Resources
Domestic Partners/Resources Government Resources DPA Title 3 allows for approximately $850 million • Defense Production Act Title 3 (DPA) in funding for domestic critical minerals mining • Bipartisan Infrastructure Act and processing14 • Inflation Reduction Act (IRA) IRA allows for up to $502 billio
Slide 18: We Live Here
We Live Here Our Approach to Environmental, Social, and Governance (ESG) “It is our belief that successful operations begin with the heightened responsibility that only local oversight and a community mindset can provide. That the established outsider approach toward offshoring environmental damage
Slide 19: Contact Us
Contact Us Corporate Office Idaho Strategic Resources, Inc. 201 N. 3rd St. Coeur d’Alene, ID 83814 P: (208) 625-9001 E: tswallow@idahostrategic.com W: http://www.idahostrategic.com Kellogg Office Idaho Strategic Resources, Inc. P.O. Box 1019 Kellogg, ID 83837
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