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IDAH revoked registration:
https://www.sec.gov/litigation/admin/2019/34-85286.pdf
IDAH SEC Suspension for delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2017/34-81730.pdf
Order:
https://www.sec.gov/litigation/suspensions/2017/34-81730-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2017/34-81731.pdf
Company profile updated on OTCM Sept 8 http://www.otcmarkets.com/stock/IDAH/profile
Lots of news lately on website, last PR a week ago. http://www.idahonorthresources.com/2016%20press%20releases.htm
Idaho North Resources Completes Drill Program at the Eagleville Project
Today : Tuesday 27 January 2015
Idaho North Resources (“IDAH” or “the Company”) (OTCQB:IDAH) is pleased to announce drill results from its Eagleville project, Mineral County, Nevada, which has encountered significant gold mineralization in the first round of exploration drilling. A total of 3,735 feet of reverse circulation drilling was completed, comprising 11 holes. The objective of this drill program was to explore a newly identified orogenic-greenstone belt of rocks at the heart of the Eagleville Mining District for high grade gold-silver quartz veins and also skarn mineralization for disseminated gold.
Results from this initial drill program are encouraging. The table below reports significant intercepts from the 2014-15 exploration program:
Hole # From (ft) To (ft) Total Depth (ft) Thickness – ft (m) Gold – oz/ton (g/t) Remarks
EVDH – 1 110 120 200 10 (3.1) 0.010 (0.34)
EVDH – 2 0 20 250 20 (6.1) 0.023 (0.79)
EVDH – 3 10 20 370 10 (3.1) 0.022 (0.75)
EVDH – 5 360 370 585 10 (3.1) 0.081 (2.77) Inc. 5’ @ 0.148 (5.07)
EVDH – 6 330 340 475 10 (3.1) 0.057 (1.95) Inc. 5’ @ 0.110 (3.77)
370 375 5 (1.5) 0.040 (1.37)
EVDH – 8 165 170 385 5 (1.5) 0.017 (0.58)
Gold values as high as 0.148 ounces/ton were intersected, which is significant considering this is the first and earliest phase of our exploration drill program. Furthermore, the majority of highly prospective geological terrain at Eagleville remains completely unexplored, including areas where substantial historic mining occurred.
Idaho North’s President and CEO, Mark Fralich, remarked, “The Company feels that the assay results from this first pass drill program at Eagleville are quite successful since gold grades in excess of one tenth of an ounce per ton were encountered in more than one drill hole. We are currently conducting a detailed analysis of the geology and mineralization from our drill samples in order to better define high grade gold targets for our next round of exploration drilling.”
The Eagleville project encompasses a historically producing precious metals property with 8,000 feet of accessible underground workings along with many remaining untested underground and open pit targets. The nearby privately owned and operating Denton-Rawhide Mine, with historic production of 1.5 million ounces of gold and 11 million ounces of silver, demonstrates the district potential and one of several possible exploration objectives at Eagleville. The project is also situated in the vicinity of the Paradise Peak Mine that produced 1.6 million ounces of gold and 22 million ounces of silver from 1986 to 1994. Idaho North’s Eagleville property continues to have excellent potential to host a world-class precious metal deposit.
Tom Callicrate, Professional Geologist, is the company’s nominated qualified person responsible for monitoring the supervision and quality control of the programs completed on the Company’s properties. Mr. Callicrate has reviewed and verified the technical information contained in this news release.
I added some more shares today at .13:) We should be getting an update on the Eagleville drilling results very soon. IMO
I have spoken with several well informed people about the direction of where precious metals is headed and the general feeling is prices volatile till 3qtr then upward bound and continue upward all of next year. That works for me and gives me some more time to pick up some IDAH on the cheap here. GL2A
Thanks....have a happy holiday season.
Email from Mark F.: I did a radio interview on Saturday "Weekend Show" on the Korelin Economics Report....just an FYI.
You click on the "Weekend Show," I'm Segment 6....scroll down, click on "download" and it should be there.
Mainly my thoughts from the recent AEMA show, etc.
Mark indicated after the first of the year there will be another interview/show and Tom G. will be on too talking about The Green Monster claims and we will probably have back the assay results from the current Eagleville drilling project. I think that will be a good interview to hear.
Dec 2, 2014 PR: Idaho North Resources (OTCQB:IDAH) (“IDAH” or “the Company”) announced today that William Tate has joined its Board of Directors.
Mr. Tate has more than 40 years of experience in the financial industry. Prior to his recent retirement, he worked at Wells Fargo Advisors in Portland, Oregon for 20 years as a portfolio manager, stock and bond broker, and financial advisor. Mr. Tate has also served as a board member of several non-profits. He holds a degree in Business Administration from Arizona State University.
IDAH President Mark Fralich stated, “We are very pleased to welcome Bill to our Board. With his decades of experience in financial markets, he is a superb addition to our team. We invite shareholders in the Reno area to visit with Bill and me this week at the Annual Meeting of the American Exploration & Mining Association (formerly Northwest Mining Association) at the JA Nugget Casino Resort in Sparks, Nevada. We are exhibiting in Booth 15 of the Core Shack area.”
In conjunction with the appointment of Mr. Tate, Erik Panke has resigned as a Director, but will continue in his capacity as the Company’s CFO. The Board thanks Mr. Panke for his past service as Director and his continued service as CFO.
Thanks...was wondering when some results might be popping up.
From Mark F/IDAH:AEMA-NWMA show -- Reno, NV
If you were going to be in Reno, NV, around Wed-Friday, Dec. 3rd-Dec. 6th, we will have a "Core Shack" booth C-15 at the upcoming American Exploration & Mining show (it's the old Northwest Mining Association show), at the Nugget, in Sparks, NV. I could only get a "Core Shack booth" as the waiting list for a full booth is still about 2-years out on the average.
We should have results back from the Eagleville drill, more on the budget's with Coeur on the earn-in, and Tom can update you on the Green Monster project we just picked up (Nov. 4th).
Great News IMO, came out Nov. 4th. Look at the results of some of the drilling targets listed! A Big WOW!!!
Is that news from today?
Idaho North Resources Signs Lease-Option Agreement for the Green Monster Property, in Nye County, NV
Idaho North Resources (OTCQB:IDAH) (“IDAH” or “the Company”) announced today that it has signed an Exploration and Mining Lease with Option to Purchase Agreement (“the Agreement”) for the Green Monster gold-silver property in Nye County, Nevada.
The Green Monster property is located along the newly identified Monitor-Eureka Mineral Belt and includes three separate target areas within two distinct precious metals systems. The Main and Wagon zones lie within a sediment-hosted “Carlin type” gold system, while the Dry Creek Zone represents a volcanic-hosted, caldera margin “Round Mountain type” gold-silver system.
Previous operators including Chevron, Placer Dome, Electrum Resources, AuEx Inc. and Eldorado Gold completed several million dollars of exploration and drilling over the last several decades, including 107 shallow drill holes. The bulk of exploration was conducted by Placer Dome in the 1980s and that data is not currently available. The best drill intercepts from available data sources include 55 feet of 0.036 ounces per ton (opt) gold (including 10 feet of 0.11 opt gold), 30 feet of 0.023 opt gold, 20 feet of 0.029 opt gold, and 20 feet of 0.026 opt gold. The property has excellent road access for future drilling and Plan of Operation drill permits either completed or near completion at each of the target areas.
IDAH President Mark Fralich stated, “We believe that the Green Monster property has the potential to host a multi-million ounce disseminated gold deposit, presenting an exploration scenario with similar potential to the Long Canyon discovery which Newmont Mining acquired in 2011. We are very pleased to acquire a lease-option on this exciting prospect.”
The Agreement between IDAH and Mountain Gold Claims LLC covers 91 lode claims that now comprise the Green Monster property. Pursuant to the Agreement, IDAH will pay certain current claim fees, will make modest annual Advanced Royalty Payments, and will be held to modest annual work commitments. The vendors will retain a 2-percent net smelter returns (NSR) royalty on the 91 claims, along with a 1-percent NSR royalty on other claims within a surrounding Area of Interest. IDAH can purchase the property from the vendor for $5-million prior to or on the fifth anniversary of the effective date of the Agreement, or for $10-million thereafter.
About Idaho North Resources
Idaho North Resources is a U.S.-based junior company exploring for gold, silver, and base metals in Nevada. The Company has long-term lease options on the Eagleville gold-silver project south of Fallon and the Klondyke and Divide silver-gold projects near Tonopah. The Company also recently finalized an Exploration Program Agreement with Coeur Mining, under which Coeur will fund, and have exclusive earn-in rights, to certain of the Company’s central Nevada projects. Idaho North Resources is a fully reporting company, listed on the OTCQB under the symbol IDAH.
This news release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that the Company believes are reasonable but which are subject to a wide range of uncertainties and business risks. There are many factors that could cause actual results to differ from those anticipated.
Idaho North Resources
Mark A. Fralich, President, 509-928-7604
Cell: 503-313-2586
mafralich@gmail.com
info@idahonorthresources.com
www.idahonorthresources.com
hey stock, thnx for the pm. that was the newsletter i received from chris last week that i mentioned. no wonder this never trades a share between the position COUER, mark and tom have lol
GO IDAH...
IDAH has a lot going on now to keep Tom busy. I have heard from another geologist that Tom is very well respected and extremely knowledgeable on mining in Nevada. All good for IDAH moving forward. IMO
yes, IDAH is mentioned in the newest monthly letter. Very nice read, with very nice words about how powerful Tom Callicrate is in the mining business.
TY on that Vinny, I also heard him say in a recent interview he was going to recommend IDAH in his monthly news letter:)
Chris Temple did a nice piece on IDAH. He recently visited Eagleville. He mentioned the piece would be up on his site, National Investor soon. You can view it early if you send him an email. Chrs@nationalinvestor.com
Also pictures of drilling at Eagleville on home page. Things are looking up with IDAH sorta makes me want to buy some more:)
Go to their website...they have financing updated today....very positive. No dilution.
http://idahonorthresources.com/pr-10-22-14.htm
Just received 2 emails from Mark F. and forwarded to you Nathanial. One email explaining the latest developments and the other pictures of the drilling at Eagleville. Great stuff! Go IDAH!!!!
TY Bruce, I appreciate it very much and I think things will improve more so very soon. IMO
Got your note..Expect a PM ST..
I added some 17's today as I just couldn't resist! LOL
VINNY 2014 TRADER OF THE YEAR.
The time has finally arrived, very exciting stocktrotter. Glad to be on the ride with this company. Cant wait to hear from Mark soon on the drilling.
Having green monster in their back pocket will only add more value to this hidden gem.
Regards
Drilling at Eagleville on schedule for next week! This info was made public yesterday by both Mark F. and Tom C. in a 5 minute interview on The Korelin Economic Report.
www.kereport.com
IDAH keeps looking better and better as we move forward. I asked Mark why hadn't Tom C. talked about The Green Monster and Mark said they will be doing a separate interview and update on this property a little later.
The Green Monster Project info:http://www.24hgold.com/english/project.aspx?id=125570252F8350
More News: IDAH acquires 91 Claims! Today on The Weekend Show of The Korelin Economic Report, Sat Oct 4th in the 1st hour, Segment 2 with Chris Temple, Mark Fralich talks about what is currently going on with IDAH and says that they just acquired 91 claims called the Green Monster Danville Project.
To listen to this 10 minute segment go to www.kereport.com
This is awesome news, Mark had hinted about another project of great merit when I last spoke with him and said he would be making it public soon. This just keeps on getting better and better. Go IDAH!!!!!!
Added .20's again today and this puts me at my goal for the number of IDAH shares wanted:) I leave the rest now for you guys to pick up. GL2A
Key Applications Devour Silver
Solar Panels
The Silver Institute’s Outlook for New Electrical &
Electronic Uses of Silver (released July 2014) reports
4% year-over-year growth in overall industrial demand
for silver in 2013. Modest, but what isn’t apparent in
the headline numbers is that most of that growth came
in the second half of the year.
And the recovery was driven in large part by a resurgence
in solar panel manufacturing. The solar industry wound
up with significant overcapacity, and underwent about 18
months of retrenching as demand caught up.
The surge in silver prices to nearly $50/ounce in 2011
also prompted significant “thrifting.” Manufacturers
found ways to do more using less silver – a tough
dynamic for short-term demand but likely good for
demand longer term, because manufacturers now have
less incentive to find alternatives.
Imports of silver powder, particularly in China, for use
in new panels are once again on the rise.
The market research firm IHS forecasts 22% growth
in solar this year versus 2013. Much of this growth
is expected in China and Japan where governments
recently shifted policy even more in favor of
solar power. But significant growth is expected
virtually everywhere as manufacturing costs fall and
efficiency rises.
The chart below, showing solar installations and
average cost in the U.S., provides a good idea of what
is happening globally.
Silver demand in photovoltaic panels represented
approximately 40 million ounces in 2013. Investors can
expect rapid growth in that number in the coming years.
Flexible Displays
New consumer electronics, including smart watches
and wearable medical sensors are just now coming
to market, and silver has an important role to play.
Currently most touch screens use indium tin oxide as
a conductive transparent layer. However, the layer is
brittle and fragile. More flexible and resilient silver
nanowire appears set to gain widespread use as an
alternative. Demand for silver in this brand new
application is forecast for a modest 500,000 ounces by
2017, but growth beyond that may prove exponential.
LED Lighting
TVs and computer displays already feature LED
technology, but light emitting diodes are also
transforming the way consumers light their homes
and businesses. Anyone visiting their local home-
improvement center will encounter an aisle of the
new LED light bulbs featuring dramatically longer
life and much greater efficiency. In 2013, LED
bulbs represented 20% of demand and as prices fall,
adoption of the new technology will accelerate.
Silver has three applications in LED: a reflective layer, an
adhesive layer, and a bonding wire. Cumulatively, demand
for these applications is expected to reach 8 million ounces
over the next 5 years. And once again, growth in demand
beyond that is expected to be enormous.
Ethylene Oxides & Formaldehyde
Ethylene oxide is a key component in the production
of detergents, solvents, plastics, and other organic
chemicals. Roughly 25% of the ethylene oxide
produced is used to make antifreeze coolant for
vehicles. The production of polyester and other
common plastics also requires these compounds.
Silver enters the equation, not as a component, but
as a catalyst to facilitate necessary chemical reactions.
Current annual demand in these applications is
roughly 150 million ounces according to the Silver
Institute. Thomson Reuters GFMS expects this
demand to increase by 8 million ounces in 2014.
Silver’s Positive Outlook
The Silver Institute in their Outlook for New
Electronic and Electrical Uses of Silver estimates
demand growth in these applications will be 6%
for 2014 with similar growth for the next two
years. That represents approximately 14 million
ounces of additional demand annually. Growth in
other industrial applications – including ethylene
oxides – should add nearly as many additional
ounces. Overall growth in industrial demand
looks set to significantly outpace GDP growth.
Silver is clearly good for a lot more than
hedging against inflation. And focusing
entirely on silver’s role as a monetary metal
means overlooking half of the complete
picture. Precious metals investors should also
factor in silver’s utility in a growing number of
manufacturing applications.
The efficiency of solar technology has been rising rapidly, making
this silver-consuming field more economically viable.
And on top of that 60% for $2 million:
there is a lot to be excited about here. what other junior explorer has the backup of COEUR? others will dilute pps to shreds to generate some cash flow. if all pans out, this could really see multi dollars with the share structure. keep in mind that we hit that .25 high today even when the metals have been in a huge sell off these last few months. Cde is well positioned to withstand these metal declines so no relation worries here. prices will be back up soon and idah should shine even more.
i really like this part of the news today...
If Coeur accepts a proposed property, it may acquire a 60% interest in that property by investing a total of $2 million over a 3-year period...
Totally agree Vinny, Mark is very excited too. Mark also said that Hans from Coeur will be here October 12th to check out our Eagleville project... that would be great if he wanted in that project.
its nice to see the news under the CDE ticker, more exposure for IDAH. the next 6 months should be quite exciting.
Yeah, having to buy .21's and .22's today! Oh well the teens were good to me. LOL
Idaho North Resources Finalizes Central Nevada Exploration Program Agreement with Coeur Mining
Today : Thursday 2 October 2014
Idaho North Resources (OTCQB:IDAH) (“IDAH” or “the Company”) is pleased to announce that today the Company has signed a definitive Exploration Program Agreement (“Agreement”) with Coeur Mining Inc. (NYSE:CDE) (“Coeur”). The Agreement calls for Coeur to fund a Central Nevada Exploration Program (the “Program”) within a specified Area of Interest for a three-year period. During the Agreement period, Coeur will have the right to select target properties identified and acquired or appropriated by IDAH, and earn up to 80% interest in the target properties by meeting certain minimum investment and other requirements. Prior to selection of any target properties, Coeur will pay certain consulting and field-related costs associated with the Program, along with a 10% administrative fee to IDAH.
“In an effort to grow our pipeline of early-stage exploration, and eventually development projects, this Agreement allows us more eyes and boots on the ground, and more exposure to eventual discovery in the mineral-rich Central Nevada area,” comments Hans Rasmussen, Vice President, Exploration for Coeur. “I have confidence in Idaho North’s knowledge of this part of the world – they have a strong track record for discovery.”
IDAH President Mark Fralich stated, “We are very pleased to finalize this Agreement with the largest U.S.-based silver miner, Coeur Mining. Our preliminary work with Coeur this summer under our previously-announced Letter of Intent has been very promising and we look forward to continued collaboration with them under the Agreement. Through Coeur’s funding of the Program, our central Nevada exploration efforts will provide our shareholders exposure to potential discovery in a world-class mining camp.”
IDAH will operate the Program under the direction of Tom Callicrate, Consulting Geologist to the Company and lead member of its Technical Advisory Committee. As program operator, the Company will conduct various exploration activities to assist with identifying and acquiring or appropriating potential precious metals properties within the Area of Interest. These properties will be presented to Coeur for review for potential development. If Coeur accepts a proposed property, it may acquire a 60% interest in that property by investing a total of $2 million over a 3-year period and completing a NI 43-101 compliant Technical Report. Upon Coeur completing its acquisition of the 60% interest, it may acquire an additional 20% interest, or 80% total, by investing a minimum of $2 million per year until completion of a Preliminary Economic Analysis (PEA). A joint venture would then be formed between Coeur and IDAH, the guidelines for which are spelled out in the Agreement.
Coeur is the largest U.S.-based primary silver producer with forecast 2014 production of at least 17-million ounces of silver and 225,000 ounces of gold. Coeur has exploration and mining projects throughout the Americas, including its longest-running operation, the Rochester silver-gold mine near Lovelock, Nevada.
Coeur owns 10.07 percent of IDAH. There are 13,244,333 common shares of IDAH outstanding (17,001,000 fully diluted).
The rumor among us crickets is good news is on it's way maybe as early as tomorrow. I think it must be as I haven't been able to pick up any cheap shares in the teens this week:(
Rapido Porkos!!!
I hope to:) I've been quietly buying every day for sometime now, trying to pick up the cheapies as much as possible as I believe in late October or November we could see the PPS well above $0.45. IMO
had a feeling you were around buying lol. found it odd seeing this take off when gold/silver/cde getting pounded. soon you wont be allowed to post here as a 10% shareholder lol. you should do real well with all those shares...
I've been buying all day today, all different prices. I'm working hard to acquire a large position here!
im glad we snatched up those cheapies months back. you think the den got hold of this one?
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Moderators |
Authorized Shares | 100,000,000 as of August 27, 2014 |
Outstanding Shares | 13,244,333 as of October 2, 2014 |
Warrants | 3,756,667 as of October 2, 2014 |
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