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Drilling highlighted by drill hole GC 24-276 which returned 5.13 grams per tonne (gpt) over 13.5 meters including 14.72 gpt over 2.3 meters, reported in drilled thickness
Completion of the previously discussed underground drill stations at the 941-level of the Golden Chest Mine allows for better drill hole orientations and increases available targets within the Red Star area, helping delineate the shape of a broad mineralized zone
Samples taken from outcrop assayed up to 6.14% total rare earth oxides (TREO) with ratios of 65% magnet rare earth oxides (Nd, Pr, Dy, Tb) and 11% SEG oxides (Sm, Eu, Gd)
This discovery marks the first time that a carbonatite has been identified at Lemhi Pass - alters and expands upon the historic assumptions of prior geologic reports
Carbonatites are the primary lode source of REEs at the three major REE operations globally - Mountain Pass in the U.S., Mount Weld in Australia, and Bayan Obo in China
Highlighted by a 54.71% Increase in Revenue to $9,476,739 - a New Quarterly Revenue Record, and the Completion of 5,819 Meters of Drilling
Recent Study Indicates Favorable Rare Earth Elements Mix at Lemhi Pass - Abundant Concentrations of Magnet and Heavy REEs Relative to Many Current and Proposed REE Mines Globally
Highlighted by an 86.39% Increase in Revenue and a 376.44% Increase in Net Income - IDR Continued its Strong Financial Performance Despite Increased Exploration Expense Leading to the Discovery of the Red Star Vein
Drill Hole GC 24-258 intercepted 1.8 meters (m) of the Red Star Vein that assayed 34.1 grams per tonne (gpt) gold, which was part of a larger intercept of 9.3 meters assaying 8.2 gpt gold.
Joint Collaboration to Aid Radiant Industries with the Development and Potential Deployment of Kaleidos - A Meltdown-Proof Microreactor Expected to Service Remote Mine Sites
Highlighted by a 76.5% Increase in Revenue and a 35-Fold Increase in Net Income - Exceeding the Company's Total Net Income for 2023