Idaho North Resources Completes Drill Program at the Eagleville Project

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–

Idaho North Resources (“IDAH” or “the Company”) (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:

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.

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 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. The first Earn-In Option Agreement with Coeur was subsequently signed on the Klondyke Project, near the Hasbrouck gold-silver deposits. The Company also has long-term lease agreements on the Green Monster and Divide projects, as well as the Eagleville project, where it recently completed an initial drill program. 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.