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Idaho Strategic Resources Reports Record Operating and Financial Performance for 2025
Annual revenue increased 64.6% to a record $42,406,253, resulting in earnings per diluted share of $1.14 and three consecutive years of GAAP profitability Prove
About this update from Idaho Strategic Resources, Inc.
Annual revenue increased 64.6% to a record $42,406,253, resulting in earnings per diluted share of $1.14 and three consecutive years of GAAP profitability Proven and Probable Reserves at the Golden Chest Mine increased 53.2% as a result of positive conversion drilling efforts in 2025 Ended the year with cash and investments totaling $73,308,507 COEUR D’ALENE, Idaho / Mar 23, 2026 / Business Wire / Idaho Strategic Resources, Inc. (NYSE American: IDR) (“IDR”, “Idaho Strategic” or the “Company”) today announced its consolidated operating and financial results for the year ending December 31, 2025. IDR achieved record annual gold production and financial performance during 2025 while drilling the most meters in a single year in Company history. Key highlights include: Operational Performance: 2025 % Change 2024 Ore Tonnes Processed 41,840 1.7% 41,140 Average Flotation Feed Grade (gpt) 10.14 4.9% 9.67 Ounces Produced 12,538 5.2% 11,915 All-In Sustaining Cost Per Ounce ($USD) $1,891.79 28.3% $1,474.05 *Adjusted all-in sustaining costs excluding exploration expenses were $1,494.75 in 2025 and $1,256.16 in 2024. Financial Performance ($USD): 2025 % Change 2024 Revenue $42,406,253 64.6% $25,765,373 Total Cost of Sales $16,200,326 26.4% $12,814,880 Gross Profit $26,205,927 102.4% $12,950,493 Net Income Attributable to IDR $16,715,674 89.2% $8,836,685 Earnings Per Share - Diluted (EPS) $1.14 70.1% $0.67 Idaho Strategic’s CEO and President, John Swallow stated, “Across the board 2025 was a very strong year for the Company. I continue to be impressed with our team’s ability to navigate the buildout of the Murray Mill, new warehouse/dry facilities, and expanded exploration programs while maintaining disciplined operations. I firmly believe we are building the all-star team at Idaho Strategic, and our financial and operational performance in 2025 serves as evidence. I am looking forward to the day that our entire team is consolidated to the Golden Chest Mine and we can begin to experience the true efficiencies that come with having everyone at one location working together.” Golden Chest Highlights for 2025 Include: Produced a total of 12,538 ounces of gold contained in concentrates and doré primarily from the high-grade H-Vein at the Golden Chest mine. Mined and processed 41,840 tonnes of ore from the H-Vein under...
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