Description of Business	12 Months Ended
Dec. 31, 2025
Description of Business
Description of Business	1. Description of Business Idaho Strategic was incorporated as an Idaho corporation on July 18, 1996. The Company’s primary business is exploring for, developing, and extracting gold, and to a lesser extent, silver, and base metal mineral resources in the greater Coeur d’Alene Mining District of North Idaho. From an operational perspective, the Company produces gold at the Golden Chest Mine located in the Murray Gold Belt area of the world-class Coeur d’Alene Mining District, north of the prolific Silver Valley. Following its consolidation of the Murray Gold Belt for the first time in over 100-years, the Company has the largest private land position in the area. In addition to gold and gold production, the Company maintains an important strategic presence in the U.S. Critical Minerals sector, specifically focused on the more “at-risk” rare earth elements “(REE”)’s. Its business strategy is to grow its asset base and mineral production over time while advancing its REE projects. The Company’s Mineral Hill and Diamond Creek REE properties are included the U.S. national REE inventory as listed in United States Geological Survey (“USGS”), Idaho Geological Survey (“ IGS”), and Department of Energy (“DOE”) publications. Both projects are located near Salmon, Idaho.

Description of Business

12 Months Ended

Dec. 31, 2025

1. Description of Business

Idaho Strategic was incorporated as an Idaho corporation on July 18, 1996. The Company’s primary business is exploring for, developing, and extracting gold, and to a lesser extent, silver, and base metal mineral resources in the greater Coeur d’Alene Mining District of North Idaho. From an operational perspective, the Company produces gold at the Golden Chest Mine located in the Murray Gold Belt area of the world-class Coeur d’Alene Mining District, north of the prolific Silver Valley. Following its consolidation of the Murray Gold Belt for the first time in over 100-years, the Company has the largest private land position in the area.

In addition to gold and gold production, the Company maintains an important strategic presence in the U.S. Critical Minerals sector, specifically focused on the more “at-risk” rare earth elements “(REE”)’s. Its business strategy is to grow its asset base and mineral production over time while advancing its REE projects. The Company’s Mineral Hill and Diamond Creek REE properties are included the U.S. national REE inventory as listed in United States Geological Survey (“USGS”), Idaho Geological Survey (“ IGS”), and Department of Energy (“DOE”) publications. Both projects are located near Salmon, Idaho.

Idaho Strategic Resources, Inc. 10-K