# Idaho Strategic Resources Q1 2026 Operating and Financial Performance

Source Brief: https://evesgoldminers.com/research/source-briefs/idaho-strategic-resources-inc-2026-05-14-idaho-strategic-resources-q1-2026-operat-0095f15f
Original source: https://idahostrategic.com/idaho-strategic-reports-record-first-quarter-2026-operating-and-financial-performance/
Original published: 2026-05-14
EGM generated: 2026-09-04
Company: Idaho Strategic Resources, Inc. (IDR)

## Use Note

This is the Eve's Gold Miners normalized Markdown copy of an official or regulatory public source. It is provided for readability, search discovery, and research resilience. The original source remains authoritative for legal, regulatory, and investment decisions.

## Extracted Document Text

# Idaho Strategic Resources Q1 2026 Operating and Financial Performance

Source: https://idahostrategic.com/idaho-strategic-reports-record-first-quarter-2026-operating-and-financial-performance/
Published: 2026-05-14T00:00:00+00:00
Fetched: 2026-07-30T15:32:17.689+00:00
Source artifact: 0095f15f-31ce-411a-a400-f30814da790d
Normalizer input: text

## Content

# Idaho Strategic Resources Q1 2026 Operating and Financial Performance
Source: https://idahostrategic.com/idaho-strategic-reports-record-first-quarter-2026-operating-and-financial-performance/
Published: 2026-05-14
# Idaho Strategic Resources Q1 2026 official evidence
Official source: https://idahostrategic.com/idaho-strategic-reports-record-first-quarter-2026-operating-and-financial-performance/
Published: 2026-05-14
Period ended: 2026-03-31
Idaho Strategic Resources, Inc. (NYSE American: IDR) reported its consolidated operating and financial results for the first quarter of 2026.
## Actual operational performance
| Metric | Q1 2026 | Q1 2025 |
| --- | ---: | ---: |
| Ore tonnes processed | 11,290 | 11,337 |
| Average flotation feed grade | 9.68 g/t | 8.67 g/t |
| Gold ounces produced | 3,234 | 2,900 |
| All-in sustaining cost | US$1,868.07/oz | US$1,430.90/oz |
Golden Chest processed 11,290 dry metric tonnes at the New Jersey Mill with a 9.68 g/t gold flotation feed head grade and 92.1% gold recovery.
## Reported financial performance
| Metric | Q1 2026 | Q1 2025 |
| --- | ---: | ---: |
| Revenue | US$14,482,286 | US$7,278,536 |
| Total cost of sales | US$4,917,388 | US$3,580,450 |
| Gross profit | US$9,564,898 | US$3,698,086 |
| Net income attributable to IDR | US$6,387,992 | US$1,608,979 |
| Earnings per share | US$0.40 | US$0.12 |
| Average realized gold price | US$4,702.04/oz | US$2,848.74/oz |
The official Form 10-Q reports cash and cash equivalents of US$20,791,904 at March 31, 2026.
## Scope and caveats
Idaho Strategic is an Idaho-based gold producer operating the Golden Chest Mine. It also has gold and critical-minerals exploration exposure, including rare earth elements, thorium, copper, and silver.
The 3,234-ounce figure is actual Q1 2026 gold production. Ore tonnes processed, feed grade, recovery, exploration targets, reserves, and future plans must not be substituted for actual production. Rare-earth and other exploration results must remain distinct from Golden Chest gold operating results.