In April 2014, IDR purchased the Eastern Star project from Premium Exploration Inc. The property consists of 11 patented mining claims covering 220 acres near Elk City, Idaho.
The Elk City Mining District is an historic gold mining region dating back to the 1860s that once supported more than 20 mines, including the Eastern Star, along with placer dredging operations. Modern exploration in the district by companies including Cypress-Amax, Kinross Gold, and Bema Gold has focused on near-surface bulk tonnage potential, while the many smaller-scale high-grade gold occurrences have largely been ignored.
The Company’s exploration objective at Eastern Star is to evaluate its potential for high-grade gold-bearing quartz veins, similar to those that led to limited historic production and patenting of the mineral claims.
After the acquiring the property, IDR completed initial mapping and sampling programs, following up with a trenching program to trace structures and map veins as there is little-exposed outcrop on the property.