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The Company’s Diamond Creek and Roberts REE properties are included the U.S. Critical Minerals sector, specifically focused on the more “at-risk” Rare Earth Elements (REE’s) and Thorium. In addition to gold and gold production, the Company maintains an important strategic presence in the U.S. With over 7,000 acres of patented and unpatented land, the Company has the largest private land position in the area following its consolidation of the Murray Gold Belt for the first time in over 100-years. Idaho Strategic Resources produces gold at the Golden Chest Mine located in the Murray Gold Belt (MGB) area of the world-class Coeur d’Alene Mining District, north of the prolific Silver Valley. domestic rare earth element properties (in Idaho), the largest known concentration of thorium resources in the U.S., and Idaho-based gold production located in an established mining community. We are planning for long-term success at Diamond Creek, Roberts, and Lemhi Pass and purchasing a building as opposed to renting made the most sense.”ĭomiciled in Idaho and headquartered in the Panhandle of northern Idaho, Idaho Strategic Resources (IDR) is one of the few resource-based companies (public or private) possessing the combination of officially recognized U.S. Many of us have grown up in mining, timber-related, and tourism-based communities and have lived through the ups and downs that occur when the mining and timber industries enter a downturn. Idaho Strategics’ President and CEO, John Swallow concluded, “The folks in Salmon, Idaho, the Silver Valley and other Idaho communities share many of the same down to earth traits and experiences. IDR prides itself on taking a community-based approach to mining and this is one of the first ways to differentiate the Company from some of the more ‘temporary’ groups within the industry. In addition to Idaho Strategic receiving final approval for its drill program, it has also purchased a company office building in Salmon, Idaho. Becky and I are excited to begin working at Diamond Creek this summer to gain a better understanding of the geology and its extensive Rare Earth Element mineralization.” The permitting process for our drill program was straightforward and we look forward to working with the agencies as future phases of the project come together. IDR’s VP of Exploration Rob Morgan commented, “The strategic mix of operating in the business-friendly and mineral endowed state of Idaho, and our “We Live Here” community-based approach to business, has once again been a huge advantage to the Company. The IGEM program is focused on developing technologies for the environmentally responsible separation of Rare Earth Elements. of Idaho, Idaho National Labs, the Idaho Geological Survey, and the Center for Advanced Energy Studies. of Commerce’ IGEM program - a partnership between IDR, the U. The samples from this drill program are to be used as part of IDR’s participation in the Idaho Dept. The combination of having an extensive amount of successful prior surface exploration at Diamond Creek, coupled with the opportunity to advance the property through core drilling, is an exciting setup for Idaho Strategic. Idaho Strategics’ 8-10-hole drill program is building on the base of knowledge and past surface exploration including mapping, sampling, and handwritten notes, conducted by the United States Geological Survey (USGS), the Idaho Geological Survey (IGS), and the Department of Energy (DOE).
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This campaign resulted in the discovery of Thorium in areas of Lemhi County including substantial Rare Earth Element occurrences throughout Diamond Creek, Roberts, and Lemhi Pass. Government during extensive country-wide exploration efforts aimed at locating nuclear power related raw materials. The Company’s Diamond Creek Rare Earth Element property was initially discovered in the 1950′s by the U.S. (NYSE American:IDR) (“IDR”, “Idaho Strategic” or the “Company”) is pleased to announce that it has received final approval for its Diamond Creek Rare Earth Element (REE) drill program scheduled to begin later this month. For example, most noble gases have names ending with -on, while most halogens have names ending with -ine.COEUR D’ALENE, ID / ACCESSWIRE / J/ Idaho Strategic Resources, Inc. The names of some elements indicate their element group.If there is a second letter, it is lowercase. Each element has a symbol, which is one or two letters.The periodic table lists the elements in order of increasing atomic number.Each element is identified by the number of protons in its atoms.
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