Idaho Strategic announces expansion of Roberts rare earth elements project

Idaho Strategic Resources announced the expansion of the Company’s Roberts project with the addition of the Phyllis Gross and Lower Lee Buck claim groups; and the subsequent rebranding of this landholding as the Mineral Hill REE project. Given the increased size of these additional claim groups, the prior reference to “Roberts” becomes inadequate when referring to our expansive landholdings. The addition of the Phyllis Gross land package marks the first time, in 75 years, this land has changed hands from its original claimant. All geologic maps show the Phyllis Gross area as blank with no mapping ever being completed. The Lower Lee Buck group also represents a vast and underexplored prospect adjacent to the north of the Phyllis Gross claims. The addition of the Phyllis Gross and the Lower Lee Buck claim groups consolidates a large contiguous landholding which now forms IDR‘s “Mineral Hill REE” project. These additional claims cover 700 acres and bring the Mineral Hill REE project area to 2,100 total acres. The Phyllis Gross claim group has added a level of anticipation given its location as the central hub to the carbonatite activity in the district, and its lack of modern-day exploration. The geology mapped in adjacent areas suggest it as inhabiting a dynamic structural hub to the carbonatites of the Mineral Hill district and since there is no institutional geologic data to build from, this area will need to be examined in detail, with boots on the ground.