Idaho Strategic Resources (IDR) has released an update.
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Idaho Strategic Resources, Inc. has solidified its hold on key mining assets by purchasing the surface and alluvial mineral rights of the Butte Gulch Claims near Murray, Idaho, from Bell Run for $1 million, following the transaction of various agreements including a Purchase and Sale Agreement and a Mortgage. This strategic acquisition, costing $350,000 upfront with the remainder financed, not only expands the company’s ownership to 100% of the mineral and surface rights but also enhances its position in the Murray Gold Belt. Moreover, Idaho Strategic has made amendments to its stock options to align with a corporate name change and a reverse stock split, extending the exercise period to offer additional flexibility to employees.
For further insights into IDR stock, check out TipRanks’ Stock Analysis page.
