Idaho Strategic Delivers Record Gold Output, Revenue Jumps 65% in 2025

Idaho Strategic Resources, Inc. (NYSE: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:OperationalPerformance:2025% Change2024Ore Tonnes Processed41,8401.7%41,140Average Flotation Feed Grade (gpt)10.144.9%9.67Ounces Produced12,5385.2%11,915All-In Sustaining Cost Per Ounce ($USD)$1,891.7928.3%$1,474.05 *Adjusted all-in sustaining costs excluding exploration expenses were $1,494.75 in 2025 and $1,256.16 in 2024. FinancialPerformance ($USD):2025% Change2024Revenue$42,406,25364.6%$25,765,373Total Cost of Sales$16,200,32626.4%$12,814,880Gross Profit$26,205,927102.4%$12,950,493Net Income Attributable to IDR$16,715,67489.2%$8,836,685Earnings Per Share - Diluted (EPS)$1.1470.1%$0.67Idaho 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 underground at the Golden Chest Mine at an average grade of 10.14 gpt gold with recoveries of 93.0%.Completed 19,162 meters of core drilling at the Golden Chest Mine at the Paymaster, H-Vein, Red Star, Jumbo, and Klondike areas. About half of the meterage was dedicated to converting Paymaster Mineral Resources to Mineral Reserves, leading to a 53.2% increase in Mineral Reserves.A highlight of 2025 exploration was drifting from the Jumbo Pit portal that intercepted the Jumbo vein and found 25 meters of vein strike length with an average thickness of 0.52 meters at a gold grade of 85 gpt.Rare Earth Highlights for 2025 include:Executed a long-term lease agreement for the mineral claims comprising approximately 1,500 acres of various in-holdings within the Company's Mineral Hill and Lemhi Pass REE projects. Key prospects covered by the mineral claims leased by the Company include Cardinal (Mineral Hill), Lucky Horseshoe (Lemhi Pass, Idaho), Silver Queen (Lemhi Pass, Idaho), Last Chance (Lemhi Pass, Montana), Trapper (Lemhi Pass, Montana), and other prospects.Sampled greater than 17.6% total rare earth oxides from the Cardinal prospect.Announced the signing of a Memorandum of Understanding with Clean Core Thorium Energy, Inc. ("CCTE") to evaluate the feasibility of thorium mining, processing, and fuel fabrication to facilitate a "Made in America" thorium-based nuclear fuel supply chain.Announced the discovery of a carbonatite with strong REE mineralization at the Lucky Horseshoe prospect within the Lemhi Pass project. Initial samples taken from outcrop assayed up to 6.14% total rare earth oxides with ratios of 65% magnet rare earth oxides (Nd, Pr, Dy, Tb) and 11% SEG oxides (Sm, Eu, Gd).Initiated a large-scale geophysics program across its Mineral Hill and Lemhi Pass projects including LiDAR, magnetics, and radiometrics surveys.Completed a soil sampling program covering many key prospects across the Idaho portion of its Lemhi Pass project. The program successfully identified areas of anomalous REEs in soils which will be utilized to aid in the planning of drill programs and other future exploration work.