Idaho Strategic (IDR) Resources announced high-grade gold drill results from multiple areas at its 100% owned Golden Chest Mine, located in the Murray Gold Belt of northern Idaho. The recent drilling campaign has yielded significant intercepts in three different key areas- the Paymaster Veins, the Bush and Jumbo Veins, and the Claggett Vein-each demonstrating robust gold mineralization near existing underground infrastructure. These results underscore the Golden Chest Mine as a target-rich environment and reinforce IDR’s commitment to its production-backed exploration strategy. The Paymaster Veins, located south of the current underground workings, are two moderately dipping gold-bearing veins flanking a quartz monzonite sill. The geological continuity and prior high-grade intercepts from the Paymaster have advanced it to the pre-development stage for conceptual mine planning. The Paymaster is one of the primary areas of current mine reserves and remains open for exploration along strike and down-dip for potential future resource expansion. Idaho Strategic typically plans its exploration efforts in the Paymaster area to align with the winter months due to the relative ease of drilling close to the mine with readily available support when needed. However, the Company is expediting its planned drilling in the Paymaster area and moving in a drill rig next week. The Claggett Vein, situated north of the current underground workings, is an emerging target with recent drilling revealing high-grade intercepts in previously underexplored ground. While the Claggett Vein is well documented in historic reports, these results prove that there is potential for additional discoveries where historic data gaps exist. The Claggett Vein is open down dip and along strike to the north. Additionally, with the planned development of an underground drill station, IDR will be positioned to drill both the newly discovered Red Star area and historic footwall veins such the Claggett, Popcorn, and Katie-Dora within the same drill holes.
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