Idaho Strategic Resources, Inc. · AMEX:IDR

Idaho Strategic Resources — Investor Presentation (May 2024)

14 slides from Idaho Strategic Resources's investor presentation, May 2024

  1. Slide 1: Idaho Strategic Resources

    Idaho Strategic Resources “We Live Here” Gold Production Rare Earth Elements & Other Critical Minerals NYSE: IDR Summer 2024

  2. 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

  3. Slide 3: An Idaho-Based Approach

    An Idaho-Based Approach 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 the upside potential

  4. Slide 4: Corporate Overview

    Corporate Overview Information as of May 1, 2024 Shares Outstanding 12,740,362 Warrants 112,505 Employees Stock 375,371 Options Fully Diluted Shares 13,228,238 Insider Ownership 12.67% 5 Year Chart – IDR vs Select Industry Peers

  5. Slide 5: Q1 2024 Performance

    Q1 2024 Performance Select Financial and Operational Performance Income Statement ($USD): Q1 2024 % Change Q1 2023 Balance Sheet ($USD): March 31, 2024 Revenue $5,898,938 76.5% $3,341,596 Assets: Cost of Goods Sold $3,060,701 23.6% $2,475,997 Cash and Cash Equivalents $5,295,457 Gross Profit $2,838,

  6. 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 +/- Additional Exploration Targets Additional Hanging Wall

  7. Slide 7: Gold Exploration

    Gold Exploration Murray Gold Belt Eastern Star Approximately 1,640 acres (220 acres patented) • Numerous IDR samples ranging from 12-65 grams per tonne gold (gpt) • IDR exploring for narrow vein underground mine potential • Modern district-wide exploration by Kinross, Bema Gold, and Cypress-Amax foc

  8. Slide 8: 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 • Located along Interstate-90 about 45 minutes from the Golden Chest Mine Environmental Stewardship Highlights • 2014 Pollution Prevention Award from the Idaho DEQ for wa

  9. Slide 9: Idaho’s REE-Th Mineral Belt

    Idaho’s REE-Th Mineral Belt Idaho’s REE–Th Belt • 3 of the top domestic Rare Earth Elements Prospects • The largest Rare Earth Elements landholder in the U.S. • The largest concentration of Thorium resources in the United States Nationally recognized REE Deposits • Mineral Hill • Lemhi Pass • Diamon

  10. Slide 10: REE Project Overview

    REE Project Overview Largest Rare Earth Elements Landholder in the U.S . – 18,030 acres Monazite Mineral Hill – Exploration stage project; 2,051 acres • Multiple high grade REE occurrences in excess of 30% TREO • Mineralization is primarily monazite • Included in U.S.’ national REE inventory Lemhi P

  11. Slide 11: Rare Earth Element Market

    Rare Earth Element Market Domestic REE Permanent Magnets: China’s REE Monopoly: In 2019, the U.S. Congress enacted a new requirement beginning in 2025 prohibiting the purchase of NdFeB and SmCo magnets from sources (incl. China) - requiring the last two steps to be completed in allied countries In 2

  12. Slide 12: Domestic Partners/Resources

    Domestic Partners/Resources State of Idaho Resources IDR REE Relationships • Idaho National Laboratory (INL) • Center for Advanced Energy Studies Local collaboration partner for REE mineral processing technologies and government • University of Idaho relations efforts • Idaho Geological Survey Execu

  13. Slide 13: 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

  14. Slide 14: 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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