Idaho Strategic Resources IDR Golden Chest — Royalty Expense
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Where this comes from
Reported directly by Idaho Strategic Resources in its filing.
Tagged under the XBRL concept us-gaap:RoyaltyExpense.
The source filing: Idaho Strategic Resources’s 10-K, filed March 23, 2026.
- Filed
- Mar 23, 2026, 6:33 AM EDT
- Fiscal year
- FY2025
- Accession
- 0001654954-26-002560
The Golden Chest is an underground mine project currently producing for the Company located near Murray, Idaho consisting of 34 patented claims (449 acres) and 217 unpatented claims (4,300 acres). A 2% NSR is payable on production at certain portions of the Golden Chest to a former joint venture partner. Royalty expense of $812,456 and $510,186 was recognized as costs of sales and other direct production costs in the years ended December 31, 2025, and 2024, respectively. The greater Murray Area property package includes an additional 84 patented claims (1,510 acres) and 744 unpatented claims (14,880 acres) which is incorporated in the Golden Chest total.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Idaho Strategic Resources's golden chest — royalty expense?
- Idaho Strategic Resources (IDR) reported golden chest — royalty expense of $203.11K in Q4 2025.
- How has Idaho Strategic Resources's golden chest — royalty expense changed year-over-year?
- Idaho Strategic Resources's golden chest — royalty expense increased by 59.2% year-over-year, from $127.55K to $203.11K.
- What does golden chest — royalty expense mean?
- Represents the periodic payments made to third-party mineral rights holders or government entities based on the production or revenue generated from the Golden Chest mine. These costs are a direct function of output and represent a recurring operational burden that impacts the segment's net margins. It is a vital metric for assessing the profitability of the mine after accounting for external claims on production.
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