Briefing
Ore tonnes processed, feed grade, recovery, exploration targets, reserves, and future plans must not be substituted for actual production. Key points: 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; The 3,234-ounce figure is actual Q1 2026 gold production. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.
Source Notes
Ore tonnes processed, feed grade, recovery, exploration targets, reserves, and future plans must not be substituted for actual production.
Extractive summary evidence · source
Rare-earth and other exploration results must remain distinct from Golden Chest gold operating results.
Extractive summary evidence 2 · source
The 3,234-ounce figure is actual Q1 2026 gold production.
Extractive summary evidence 3 · source
Extracted Document Text
This is the EGM normalized Markdown text available for this source. It helps search engines and researchers understand PDF, filing, or company-document content while the original source remains authoritative.
# 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.