Idaho Strategic Resources, Inc. · AMEX:IDR

Idaho Strategic Resources — Investor Presentation (December 2022)

17 slides from Idaho Strategic Resources's investor presentation, Dec 5, 2022

  1. Slide 1: Idaho Strategic Resources

    Idaho Strategic Resources “We Live Here” Gold Production Rare Earth Elements Thorium NYSE: IDR Dec. 5th, 2022

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Forward Looking Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities

  3. Slide 3: An Idaho-Based Approach

    An Idaho-Based Approach Corporate Overview Idaho: Globally 1st in Mining Policy & 7th Best Mining Jurisdiction Listed on the NYSE: IDR Headquartered in North Idaho Domiciled in Idaho Operational Overview Rare Earth Elements/Thorium • Diamond Creek • Roberts • Lemhi Pass #1 Thorium Resource in the U.

  4. Slide 4: 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 10 domestic Rare Earth Elements Projects2 • 2nd largest Rare Earth element landholder in

  5. Slide 5: 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 • Diamond Creek Cobalt Occurrences • Roberts • Lemhi Pass Recognized as the #1 Thorium prospect in the U.S. • Lemhi Pass C

  6. Slide 6: Diamond Creek Rare Earth Project

    Diamond Creek Rare Earth Project USGS Recognized Resource included in our National REE Inventory Top 5 REE prospect in the U.S. Land package – 1,040 acres unpatented claims Project contains 1979 USGS estimated Total Rare-Earth Oxides (TREO) ore resource: • 70,000+ metric tonnes of REEs, with grade o

  7. Slide 7: Diamond Creek 2022 Drill Program

    Diamond Creek 2022 Drill Program Company Claims: 1,000+ acres Contact USGS Historic Resource: 70,000+ tons TREO 2022 REE Drill Pads Lucky Gem Rare Earth Element Replacement Veins Simer Diamond Creek Fault Frank Burch ength eL ile Strik 2M *COMPLETED – Pending Lab Results • Preliminary XRF Results ~2

  8. Slide 8: Roberts Rare Earth Project

    Roberts Rare Earth Project USGS Recognized Resource included in our National REE Inventory Top 10 REE prospect in the U.S. Land package – 2,800 acres unpatented claims • REE mineralization associated with high-grade carbonatites Idaho Geological Survey sampling has total REE grades up to 21.5% • IDR

  9. Slide 9: IGEM Grant - Idaho Stakeholders

    IGEM Grant - Idaho Stakeholders Idaho Stakeholders Involved 1. Idaho Strategic Resources 2. University of Idaho 3. Idaho National Labs 4. Idaho Geological Survey 5. Center for Advanced Energy Studies 6. Idaho Department of Commerce REE Project to research environmentally friendly separation technolo

  10. Slide 10: Lemhi Pass Thorium – REE Project

    Lemhi Pass Thorium – REE Project USGS recognized as the #1 Thorium prospect in the U.S. Top 10 REE Deposit in the U.S. Thorium has the potential to be the safer and more environmentally friendly alternative to Uranium Land Package ~ 8,200 acres unpatented claims • REEs occur in abundance - produced

  11. Slide 11: The Golden Chest Mine Expansion

    The Golden Chest Mine Expansion Gold Production: Golden Chest Mine Located in the Murray Gold Belt Current Production: Skookum Shoot Plan to Expand into Klondike & Paymaster Estimate 5-7k oz/yr production from each of the Skookum, Klondike, & Paymaster Shoots Targeted 3 Year Production Increase Gold

  12. Slide 12: The Murray Gold Belt Mill

    The Murray Gold Belt Mill New Mill, Paste Backfill, and Tailings Facility • 400 tonne per day (tpd) flotation mill and paste backfill plant to be built on-site • Expansion potential up to 1,000 tpd • Expected to serve the Golden Chest Mine and future deposits within the MGB New Mill - Estimated Savi

  13. Slide 13: Gold Exploration

    Gold Exploration Murray Gold Belt Drilling Eastern Star Drilling North Idaho: Central Idaho: Patented Land - 1,500 acres Patented Land - 220 acres Property Highlights: Property Highlights: Numerous Historic Gold Mines Numerous Historic Gold Mines No Exploration > 100 Years No Exploration > 100 Years

  14. Slide 14: Local Solutions to U.S.' Challenges

    Local Solutions to U.S.’ Challenges Store of Value: Gold - Store of Value for over 2,000 years and a hedge against inflation Technology Metals: REEs - Required building blocks of a low-carbon future and restoring national security Energy Metals: Thorium: Low-Carbon Energy, Low Weaponization, Less Wa

  15. Slide 15: 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

  16. Slide 16: The Idaho Strategic Team

    The Idaho Strategic Team “1st Company in History to Ring the Opening Bell of the New York Stock Exchange from Underground”

  17. Slide 17: Links/Sources

    Links/Sources 1. https://www.usgs.gov/news/national-news-release/us-geological-survey-releases-2022-list-critical-minerals 2. https://pubs.usgs.gov/sir/2010/5220/ 3. MP Materials: 17,222 acres Western Rare Earths: 9,820 acres UCore: 9,580 acres US Rare Earths: 9,345 Rare Element Resources: 9,000 acr

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