Idaho Strategic Resources signs 10-year lease for Niagara copper-silver project in Idaho

Reuters03-12

<a href="https://laohu8.com/S/NJMCD">Idaho Strategic</a> Resources signs 10-year lease for Niagara copper-silver project in Idaho

Idaho Strategic has signed a long-term lease for the Niagara copper-silver project in Shoshone County, Idaho, within its Murray Gold Belt landholdings. The company said a 2008 historic resource estimate reported about 154.13 million lbs of contained copper and 8.87 million oz of contained silver. Lease terms include an annual payment of USD 18,000 that increases by 3% per year for an initial 10-year term. The agreement includes a 2% net smelter royalty, with an option for Idaho Strategic to buy back 1% for USD 1.00 million. Idaho Strategic said it is planning a 2026 drill campaign to upgrade confidence in the historic resource estimate and test additional targets in the Revett Formation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Idaho Strategic Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603120700BIZWIRE_USPR_____20260312_BW437268) on March 12, 2026, and is solely responsible for the information contained therein.

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