Idaho Strategic Resources Inc
idahostrategic.comWhat Do They Do?
Produces gold concentrate and doré for metals buyers, while exploring rare-earth and copper-silver properties.
10-K for FY2025, filed Mar 23, 2026The Company is an established gold producer, with prior surface and current underground mining operations at its 100-percent owned Golden…View ↗
The Company sold all its flotation gold concentrate to H&H Metals Corporation (“H&H Metals” or “H&H”) of New York, NY which accounted for…View ↗
Niagara, an intermediate-stage copper-silver exploration property located in the Murray Gold Belt of North Idaho;View ↗
How Do They Make Money?
H&H buys the company's flotation gold shipments and pays a substantial portion of their estimated value when shipped, with final settlement later; refinery payments for doré arrive when the metal is transferred.
10-K for FY2025, filed Mar 23, 2026
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10-K for FY2025, filed Mar 23, 2026
FY2025 revenue by product or service ↗
$42.4M
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10-K for FY2025, filed Mar 23, 2026
$42.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Concentrate sales to H&H
Sold outright
10-K for FY2025, filed Mar 23, 2026 |
98% |
Concentrate sales to H&H, FY2025
$41.4M Sources
|
Sold outright |
|
Dore Sales To Refineries
Sold outright
|
2.3% |
Dore Sales To Refineries, FY2025
$973.1K Sources
|
Sold outright |
Who Are Their Customers?
H&H buys the company's flotation gold; a western U.S. refinery buys its doré.
10-K for FY2025, filed Mar 23, 2026The Company sold all its flotation gold concentrate to H&H Metals Corporation (“H&H Metals” or “H&H”) of New York, NY which accounted for…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 39 cents of every revenue dollar as net income in FY2025 and turned 29 cents into free cash flow.
10-K for FY2025, filed Mar 23, 2026
$15.6MView ↗
10-K for FY2025, filed Mar 23, 2026
$16.7MView ↗
10-K for FY2025, filed Mar 23, 2026
$12.4MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 13, 2026
Open tableView ↗
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Jun 8, 2026
Assure CPA resigns; company appoints Sadler, Gibb & Associates
Assure CPA ceased operating after a merger; the audit committee engaged Sadler, Gibb & Associates.
Sources
8-K, filed Jun 8, 2026
On June 3, 2026, we were notified that Assure CPA, LLC, which served as the independent registered public accounting firm of Idaho…View ↗
Growing. Revenue grew 5.6x in 4 years, from $7.6M in FY2021 to $42.4M in FY2025, about 54% a year.
Copper-silver exploration
The older business description centers on gold production and rare-earth exploration; the latest report also lists Niagara as a copper-silver exploration property.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Mar 23, 2026Niagara, an intermediate-stage copper-silver exploration property located in the Murray Gold Belt of North Idaho;View ↗
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