on Idaho Strategic Resources, Inc. (NASDAQ:IDR)
Idaho Strategic Announces Positive Developments in Lemhi Pass REE Project
Idaho Strategic Resources, Inc. shared encouraging updates regarding its rare earth elements (REE) holdings at Lemhi Pass, Idaho. Recent studies present a favorable mix of magnet and heavy REEs, with neodymium constituting 58% of the analyzed samples. This could positively influence project economics.
The company plans an expanded exploration for 2025, focusing on trenching and air rotary drilling to maximize understanding of its 12,000-acre Lemhi Pass project. Parallel efforts include collaborations with national laboratories for innovative REE processing techniques.
IDR is optimistic about the 2025 field season as these results align well with global demands and the push for domestic REE sources.
R. H.
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