Idaho Strategic commences drill program at Golden Chest mine

Idaho Strategic Resources announced the commencement of its drill program and initial high-grade intercepts at the Company’s Golden Chest gold mine. This drill program is designed to target both the H-Vein and the Idaho Vein at-depth below the current underground workings. The high-grade drill intercepts announced in today’s press release are from the first hole drilled and estimated to be approximately 20 meters below the Company’s actively mined stopes on the H-Vein. Assay results from the H-Vein intercepts indicate 2.24 meters at 18.7 grams per tonne gold which is inclusive of 1.31 m at 28.0 gpt gold, reported in true thickness. Idaho Strategic’s VP of Exploration, Rob Morgan commented, “These are some of the best intercepts we have ever seen in the H-Vein. My first thought after receiving the results from the lab was that our stakeholders would appreciate hearing about these intercepts. Not only are they impressive, but they are also below our current operations, and we look forward to mining these ounces within the next year. In addition to the H-Vein providing the bulk of our current production, the hangingwall geology is being studied for the possibility of other similar veins nearby.”