Lease Agreement For Niagara Copper-Silver Project In Murray Gold Belt District

COEUR D’ALENE, ID – Idaho Strategic Resources, Inc. has executed a long-term lease agreement for the Niagara copper-silver (Cu-Ag) project located in Shoshone County, Idaho, within the Murray Gold Belt (MGB) landholdings.
Prior exploration on the property, including limited exploration by New Jersey Mining Company (now Idaho Strategic Resources) in 2008, identified copper-silver mineralization in the upper Revett Formation. Revett-type ores are laterally extensive, stratabound deposits occurring in the upper and lower-middle Revett Formations.
To date, no drilling has targeted the lower-middle Revett Formation of the Niagara deposit, or along strike within the upper Revett. IDR has planned a 2026 drill campaign to upgrade the historic resource confidence and test mineral continuity along strike and down dip of known mineralization, and the deeper host stratigraphy in the untested lower-middle Revett Formation. The Company believes it has excellent exploration potential for resource growth.
“The Niagara deposit is a natural fit for our Company in many ways. In addition to broadening IDR’s commodity asset base as our country enters a strong secular commodity market, it also serves as a prime example of the potential of the overall MGB District,” said John Swallow, President and CEO. “Together, with our recent purchase of the Toboggan project from Hecla Mining and our nearby operating Golden Chest Mine, we are beginning to show the diverse commodity opportunity set in front of us here in the greater Coeur d’Alene Mining District.”