Idaho Strategic Resources, Inc.

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

Highlighted by a 23.39% Increase in Revenue to $7,278,536 - a New Quarterly Revenue Record, and the Completion of 4,230 Meters of Drilling at the Golden Chest Mine

Annual Revenue Increased 88.66%, While Annual Net Income Increased 663.27%

Ended 2024 With Cash and Investments in US Treasury Notes Totaling $16,091,024

Achieved Nine Consecutive Quarters of GAAP Profitability

The Company plans for its busiest exploration season to-date in 2025 targeting rare earth elements ("REE") and thorium ("Th") at its expansive land holdings in central Idaho

All three projects: Lemhi Pass, Mineral Hill, and Diamond Creek are included in the U.S.' National REE Inventory and located in Idaho's well-known and underexplored REE-Th Belt

Drill Hole GC 24-265 intercepted 1.3 meters (m) of the Red Star Vein that assayed 150.25 grams per tonne (gpt) gold, which was part of a larger intercept of 4.5 m assaying 50.86 gpt gold, reported in drilled thickness.

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