PRESS RELEASE

from Idaho Strategic Resources, Inc. (NASDAQ:IDR)

Idaho Strategic to Participate in Upcoming Industry Events

COEUR D'ALENE, ID / ACCESSWIRE / January 16, 2024 / Idaho Strategic Resources (NYSE American:IDR) ("IDR" or the "Company") is pleased to announce that members from the Company's management team will be participating in both the Vancouver Resource Investment Conference (VRIC) and the Idaho Mining Day at the Capitol. Idaho Strategic will have a booth at each event with multiple members from the Company in attendance, including its President and CEO, John Swallow.

The Vancouver Resource Investment Conference will be held at the Vancouver Convention Center from January 21st-22nd and gives Idaho Strategic the opportunity to meet face-to-face with potential investors, analysts, and others within the mining industry. The VRIC is open to those who register for the event at cambridgehouse.com. The Company would like to encourage conference attendees to stop by booth #310 to speak with members from Idaho Strategic's team.

In addition to the VRIC, Idaho Strategic will also have a presentation booth set-up at the Idaho Mining Day at the Capitol on February 1st at the Capitol building in Boise, ID. This event is an opportunity for members from the Idaho Strategic team to meet and present to policy makers and industry stakeholders with a specific focus on advancing Idaho projects and supporting Idaho communities. Idaho Strategic will be presenting an overview of its projects at the House Resources Committee Meeting, as well as hosting local District representatives for lunch.

Idaho Strategic's President and CEO, John Swallow stated, "Our approach to industry events has been conservative in the past - which I believe is the right approach when starting small and proving ourselves. That being said, our Company and our team are now at a point where it makes sense to increase our awareness within the industry. The strategic combination of our production-based exploration strategy, and our Company's unique positioning to give investors exposure to both gold as a store-of-value and critical minerals essential for decarbonization and supply chain security is a business plan that I think will resonate well with those willing to listen. I am excited to participate in these events and look forward to increasing Idaho Strategic's awareness in 2024."

About Idaho Strategic Resources, Inc.
Idaho Strategic Resources (IDR) is an Idaho-based gold producer which also owns the largest rare earth elements land package in the United States. The Company's business plan was established in anticipation of today's volatile geopolitical and macroeconomic environment. IDR finds itself in a unique position as the only publicly traded company with growing gold production and significant blue-sky potential for rare earth elements exploration/development in one Company.

For more information on Idaho Strategic Resources click here for our corporate presentation, go to www.idahostrategic.com or call:

Travis Swallow, Investor Relations & Corporate Development
Email: tswallow@idahostrategic.com
Phone: (208) 625-9001

Forward Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Often, but not always, forward-looking information can be identified by forward-looking words such as "intends", "potential", "believe", "plans", "expects", "may", "goal', "assume", "estimate", "anticipate", and "will" or similar words suggesting future outcomes, or other expectations, beliefs, assumptions, intentions, or statements about future events or performance. Forward-looking information includes, but are not limited to, the potential for Idaho Strategic to attend either the VRIC and/or the Idaho Mining Day at the Capitol events, the potential for weather and/or travel issues to negatively affect the Company's attendance at either event, the possibility that Idaho Strategic will have constructive conversations at either event, and the potential for Idaho Strategic's awareness to be increased in 2024 as a result of the Company's participation in upcoming industry events. Forward-looking information is based on the opinions and estimates of Idaho Strategic Resources as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of IDR to be materially different from those expressed or implied by such forward-looking information. The forward-looking statement information above, and those following are applicable to both this press release, as well as the links contained within this press release. With respect to the business of Idaho Strategic Resources, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreaks, if they occur, including our ability to access goods and supplies, the ability to transport our products and impacts on employee productivity, the risks in connection with the operations, cash flow and results of the Company relating to the unknown duration and impact of the COVID-19 pandemic; interpretations or reinterpretations of geologic information; the accuracy of historic estimates; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms; the ability to operate the Company's projects; and risks associated with the mining industry such as economic factors (including future commodity prices, and energy prices), ground conditions, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward‐looking information is available in Idaho Strategic Resources filings with the SEC on EDGAR. IDR does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

SOURCE: Idaho Strategic Resources, Inc.



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