- Idaho Strategic Resources (IDR, Financial) reports high-grade gold drilling results at Golden Chest Mine, with yields of up to 31.40 g/t Au.
- The Paymaster Veins advance to pre-development, while Bush and Jumbo Veins promise future resources near existing infrastructure.
- Company expands operations, employing 7 geologists and developing a second underground drill station.
Idaho Strategic Resources (IDR) has announced promising high-grade gold drill results from its Golden Chest Mine in Idaho. The recent drilling campaign yielded significant gold intercepts across three target areas: the Paymaster Veins, Bush and Jumbo Veins, and the Claggett Vein, with the highest concentrations reaching up to 31.40 grams per tonne (g/t) of gold.
The Paymaster Veins have advanced to the pre-development stage, demonstrating substantial geological continuity and potential for expansion. Meanwhile, the Bush and Jumbo Veins, located near existing infrastructure, show promise for future resource growth and operational efficiencies.
To accelerate exploration, IDR is expediting its drilling operations and is in the process of developing a second underground drill station. This operational expansion is supported by an increased workforce, with the geological team now comprising seven staff members dedicated to advancing both gold and rare earth elements exploration within IDR's portfolio.
