Idaho Strategic Resources (IDR)

[mick]

hey worth $$$$$ look @ assets veins deep wide & long, i said the GOLDEN CHEST WAS OVER $5.00 IN DA 1980'S ON SPOKANE NAT'L EXCHANGE !!!!!!
TODAY EVEN MORE VALUABLE

https://www.otcmarkets.com/stock/NJMC/news/New-Jersey-Mining-Makes-New-Discovery-at-Golden-Chest?id=288769

OTC DISCLOSURE & NEWS SERVICE
New Jersey Mining Makes New Discovery at Golden Chest
Press Release | 02/04/2021
Drills 7.3 Meters of 11.5 grams per tonne (gpt) Gold, Including 2.3 Meters of 19.5 gpt Gold - True Thickness

COEUR D'ALENE, ID / ACCESSWIRE / February 4, 2021 /
New Jersey Mining Company (OTCQB:NJMC) ("NJMC" or the "Company") is pleased to announce that its current core drilling program at the
Golden Chest has intercepted 7.3 meters that assayed 11.5 grams per tonne (gpt) gold (including 2.3 meters of 19.5 grams per tonne true thickness) in drill hole (GC 21-193) on the southern end of the
property in the area known as the Joe Dandy.

The Joe Dandy area is the southernmost of the six named ore shoots currently identified at the Golden Chest Mine.

The true thickness of the vein is estimated to be 6.3 meters.

GC 21-193 is a vertical hole that intercepted the vein at a depth of 158.5 meters and demonstrates the deepest intercept of the vein this
far south in exploration drilling completed to date at the Golden Chest.

This intercept is very significant as it shows high-grade, thick sequences of the vein and is more than 400 meters south and 125 meters below the current underground mining area (stopes).
See Golden Chest Long Section below.

NJMC's 2021 drill plan is based on its "Deep Rooted" ore shoot model.

By drilling these deeper holes in the farthest flanking extents of the property,
NJMC is showing deeper and better grade continuity of the Joe Dandy
and the other five gold-bearing ore shoots.

This new discovery in the underexplored Joe Dandy ore shoot follows-up on a drill intercepts from 2012 exploration drilling.

NJMC President and CEO John Swallow stated,
"We are following a very logical narrative based on current production goals in the Skookum Shoot and assuming similar potential for all six identified ore shoots at the Golden Chest.

At this stage of our growth and as we transition from both open pit
and underground mining to increased underground mining,
the 30,000-foot view of our program is more than just a cursory evaluation.

The possibility of a new mill near the mine is not only based on
our continued success with early-stage exploration in the
Murray Gold Belt
- the potential for up to 10,000 ounces of production from each of the six individual ore shoots is quickly becoming a reality."

NJMC's VP of Exploration, Rob Morgan explains,
"We feel that through this program the importance of these results
in the Joe Dandy brings us closer to the source of Golden Chest mineralization.

With two drills turning, the drill program began
with a high-grade intercept
(GC 20-182T: 0.2 meters of 74.6 grams per tonne gold, true thickness)
in the northernmost ore shoot, the Katie Dora,
and because of weather we moved that drill to the Paymaster.

The second drill has been on the Joe Dandy and will continue to delineate this high-grade section of vein.

Following the Joe Dandy drilling, this rig will move to probe below current stope levels in the Skookum area and then test increasing
depths in the Paymaster area. A total of 5,000 meters of drilling are planned to be completed before spring."

Mr. Morgan continues, "The southern area of the Golden Chest region is where the Thompson Pass Fault, Murray Peak Fault, and Idaho Fault all intersect forming a structural knot.

Mineralization is spatially related to the Idaho Fault, and the large vein system was encountered just below the Idaho Fault and sills of quartz monzonite and lamprophyre.

Visible gold grains were found in immediate contact with the intrusive rocks and some of the mineralization is interpreted to be related to igneous activity.

The igneous rocks are related to the Murray Stocks
and this deposit type is orogenic gold-quartz veins with an igneous association.

The granitic rocks are conspicuously absent from the surface and are mostly seen by subsurface drilling."