Significant Rare Earth Discovery at Idaho Strategic's Mineral Hill

Idaho Strategic Resources, Inc. (NYSE American: IDR) reports promising results from its Mineral Hill project. Recent samples have revealed greater than 17.6% total rare earth oxides (TREO), marking a significant find in the company's northern Idaho REE-Th Belt operations. The discovery was enhanced by a drone-based magnetics survey aiding in the analysis of known carbonatite outcrops and the identification of new ones.

The survey covered three carbonatite prospects: Roberts, Cardinal, and Lower Lee Buck, with Cardinal showing high-grade rare earth elements. Historical surveys date the site's discovery to 1953. Rochester's favorable infrastructure, including existing roads from past mining activities, will facilitate minimal disruption for future drilling endeavors.

This development follows Idaho Strategic's recent long-term lease agreement, securing approximately 1,300 acres across Mineral Hill and Lemhi Pass. The company plans to utilize this discovery as a stepping stone for further exploration and resource definition.