The Team

John Swallow – CEO/President

Director

John Swallow has served as CEO and President of Idaho Strategic Resources, Inc. during the preceding five years.  Mr. Swallow—the largest Idaho Strategic Resources, Inc. shareholder—is a successful business owner, c-suite leader and public company director with over 30 years of experience in the mining and high-tech industries and has an impressive track record of investment return and job creation. Mr. Swallow grew up in Northern Idaho in a time when timber and mining were the dominant industries, which has given him a historical perspective of the industries, unique mixture of business acumen and understanding of employees that have all proven to be valuable in implementing turnaround strategies. Since 2014, Mr. Swallow has been Chairman of IDR and President and CEO since 2018, where he led efforts to transform IDR from a small, OTC listed company that began with a partially owned gold mine and mill, into a NYSE listed and vertically integrated gold producer with 55 employees, three of the best rare earth elements properties and the number one thorium property in the United States. He is a co-founder and former director of Continuous Composites, a local 3D printing company that has an extensive intellectual property (IP) portfolio, and since 2015 has been part owner of McAllister Technical Services, a well-established firm engaged in the design and manufacture of testing equipment for use in the ultra-high vacuum industry. Mr. Swallow is also a co-founder and former owner of Timberline Drilling Inc. (TDI) and helped guide the business from a small core drilling company into a successful industry service provider from 2011 to 2015. Mr. Swallow has led fundraising efforts for both private and publicly traded companies and advanced private companies to becoming publicly listed, including on the NYSE American. Prior to his experience in the mining industry, out of college Mr. Swallow became the youngest licensed real estate appraiser in the state of Idaho and founder/owner of Coeur d’Alene Appraisals, Inc. from 1993 to 2005, where he gained experience valuing and investing in real estate markets. Mr. Swallow attended the University of Idaho and received a B.A. degree in finance from Arizona State University.

Grant Brackebusch, P.E. – CFO/Vice President Operations

Director

Grant is a registered profession mining engineer and IDR co-founder and fellow shareholder. He helped design, permit and build the New Jersey Mill and supervises both mining and milling operations at the Company, including permitting, bonding and internal feasibility studies. Grant has been instrumental in many aspects of Company operations and management, including all levels of economic analysis, open pit and underground modeling, pit design, underground mining and development, etc. His knowledge of paste tailings and flotation mill design makes him one of the foremost experts in the field. His dedication to the success of the company and building a cohesive employee base has been an important factor in advancing the Golden Chest Mine to production. Grant is a co-principal of Mine Systems Design, Inc., a family-owned mining consulting firm specializing in paste backfill. He is the 2nd of three generations that have worked or are working for IDR. Grant has deep roots in the Silver Valley and is a respected member of local community. He worked for Newmont on the Carlin Trend prior to co-founding IDR in the 1990’s.

Rob Morgan – Vice President Exploration

Mr. Morgan has over 21 years of exploration experience, including 19 years focused on gold exploration, of which 11 years were in Northern Idaho and Montana.  Mr. Morgan has worked for some of the world’s leading gold exploration and mining companies including Newmont and ASARCO throughout the western United States, Alaska and South America.  He is practiced in designing, implementing and managing large exploration programs for gold, silver, base metals and rare earth elements. His technical work has included geologic mapping, logging of drill holes, compilation and interpretation of multiple data sets for target identification.

Monique Hayes – Investor Relations/Corporate Secretary

Ms. Hayes has 12 years of mining industry experience in investor relations and corporate governance – most recently overseeing community relations in northwest Montana for Hecla Mining following its acquisition of Revett Mining Company. At Revett she was Director of Investor Relations and Corporate Secretary where she managed stakeholder relations, and directed its up-listing to the NYSE MKT.

Kevin Shiell – Independent Director

Nominating Committee | Audit Committee | Compensation Committee

Mr. Shiell has more than 30 years of operating and management experience in the mining and mineral processing industries. He has held executive leadership positions at several public companies, including General Manager and Vice President of Mine Operations at Stillwater Mining Company, Chief Operating Officer at MGM Gold, and various mine supervisory positions at Hecla Mining Company. Mr. Shiell is currently President and Director at Gold Road Mining Corporation, and serves as an Independent Director at Idaho Strategic.

Rich Beaven – Independent Director

Nominating Committee | Audit Committee | Compensation Committee

Mr. Beaven is Lead Portfolio Manager and Principal at Signia Capital. Signia is a small-cap value asset manager with a largely institutional (pension fund) client base. Prior to co-founding Signia Capital Management in 2002, Rich was the Assistant Director of Research and a Portfolio Manager for a $2B Pacific Northwest asset management firm. With blue-collar roots, Rich went on to get a BA in business administration from the University of Kentucky and an MBA from Gonzaga University. In addition, he is a CFA charter holder and has served as President of the CFA Society of Spokane.

Carolyn Turner – Independent Director

Nominating Committee | Audit Committee | Compensation Committee

Mrs. Turner is currently the owner and principal of Graham Peak Consulting, LLC in Kingston, ID where she specializes in accounting and finance consulting in the mining and heavy construction industries. Prior to her time at Graham Peak Consulting, Mrs. Turner spent over 30 years in the mining industry with companies such as Silver Valley Resources (ASARCO), Coeur Mining, and Hecla Mining Corp. Mrs. Turner’s experience includes mine operations, metals marketing, project development and financing. She previously served as the Treasurer for both Hecla Mining and Coeur Mining where her roles were centered around quarterly and annual budgeting, rolling monthly forecasting, economic modeling, mergers and acquisitions, as well as numerous treasury and audit functions. Mrs. Turner’s educational background consists of a Bachelor of Science degree in Business Administration Accounting from Montana State University – Billings, followed by a Master of Business Administration from Regis University, Denver. Mrs. Turner is a licensed CPA and has served numerous years as an elected trustee on the Kellogg Idaho Joint School District Board.