Idaho Strategic Resources Reports Significant Concentrations of Heavy Rare Earth Elements, Including Yttrium at Its Diamond Creek Project
Next steps include additional mineralogical studies, initial processing test work, and follow-up exploration with possible bulk sampling of the identified heavy rare earth elements and yttrium mineralization
Idaho Strategic Resources, Inc. (NYSE American: IDR) (“IDR”, “Idaho Strategic” or the “Company”) is pleased to announce that it has identified significant heavy rare earth elements mineralization, including the increasingly important element yttrium, at its Diamond Creek project.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260723497223/en/ Figure 1: Select IDR surface sampling results along a 3.2-kilometer lineament at Diamond Creek. Prospects identified through surface sampling from north to south are Contact, Lucky Gem, Simer, and Frank Burch.
Surface sampling has revealed rare earth elements (REE) mineralization at four distinct prospects along a 3.2-kilometer lineament. From north to south, these prospects are known as Contact, Lucky Gem, Simer and Frank Burch. Select samples are shown in Figure 1 and results average approximately 1.8% total rare earth oxides (TREO) with enriched heavy rare earth oxides (HREO) averaging greater than 2,000 ppm, including more than 1,300 ppm yttrium. Of the four distinct prospects mentioned above, the Lucky Gem prospect at Diamond Creek, was trenched and drilled in 2022. A single 32-meter surface trench averaged 1.5% TREO with HREO enrichment averaging approximately 2,300 ppm including 1,600 ppm yttrium. Similarly, Diamond Creek drillhole DC 22-8, also located at the Lucky Gem prospect, intersected 11.3 meters of mineralization averaging 1.5% TREO with more than 2,500 ppm HREO including 1,700 ppm yttrium, reported in drilled thickness.
