Idaho Strategic (IDR) Resources announced drill results showing additional high-grade gold intercepts within broader zones of gold mineralization from the Red Star area of the Golden Chest mine. The discovery of the Red Star area was initially announced by the Company in October of 2024 when it was discovered during a drill program targeting H-Vein extensions. Additional drilling targeting the Red Star area has yielded results similar to those previously released in 2024 and 2025, where discrete high-grade intervals show up within wider zones of mineralization. Since the discovery of the Red Star area, the Company has made its delineation a priority given the proximity to the Company’s current operations and existing infrastructure. he Red Star has demonstrated zones of high-grade mineralization within broader zones of lower-grade material. If this scenario holds together these large, mineralized zones could be amenable to a high productivity mining method such as longhole stoping. Additionally, the Red Star area is reasonably close to the existing North Ramp which could reduce the timeline for potential development of this new zone. The Company made the decision to contract the development of two underground drill stations at the 941-level of the Golden Chest mine to avoid interfering with current mine development. The recently completed drill stations are designed to allow for better oriented drilling to estimate true thickness and shape of the mineralized zones in the Red Star area. Additionally, given the strategic location of the newly developed underground drill stations, IDR expects to be able to target other priority areas north of its existing operations such as the Claggett and Popcorn veins in the footwall of the Idaho fault.
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