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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Condensed Consolidated Balance Sheets    
Cash and cash equivalents $ 1,971,845 $ 1,638,031
Gold sales receivable 1,127,604 909,997
Inventories 701,493 618,313
Joint venture receivable 1,637 1,926
Investment in equity securities 6,677 0
Other current assets 333,459 192,025
Total current assets 4,142,715 3,360,292
Property, plant and equipment, net of accumulated depreciation 10,554,522 9,923,386
Mineral properties, net of accumulated amortization 7,154,092 6,527,561
Investment in Buckskin Gold and Silver 337,217 334,252
Investment in joint venture 435,000 435,000
Reclamation bond 251,310 327,020
Deposits 25,000 76,110
Total assets 22,899,856 20,983,621
Current liabilities:    
Accounts payable and accrued expenses 498,374 579,541
Accrued payroll and related payroll expenses 253,696 179,149
Note payable related parties, current portion 0 12,226
Notes payable, current portion 1,007,101 859,393
Total current liabilities 1,759,171 1,630,309
Asset retirement obligation 274,091 262,217
Note payable related parties, long term 0 62,957
Notes payable, long term 1,511,383 1,315,068
Total long-term liabilities 1,785,474 1,640,242
Total liabilities 3,544,645 3,270,551
Commitments (Note 11)    
Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value, 200,000,000 shares authorized; June 30, 2023-12,256,523 and December 31, 2022- 12,098,070 shares issued and outstanding 34,124,125 33,245,622
Accumulated deficit (17,559,313) (18,368,384)
Total Idaho Strategic Resources, Inc stockholders' equity 16,564,812 14,877,238
Non-controlling interest 2,790,399 2,835,832
Stockholder'sequity 19,355,211 17,713,070
Total liabilities and stockholders' equity $ 22,899,856 $ 20,983,621