SEC Form SC 13G filed by Idaho Strategic Resources Inc.

IDAHO STRATEGIC RESOURCES, INC.

(Name of Issuer)

☐

Rule 13d-1 (b)

☒

Rule 13d-1 (c)

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Rule 13d-1 (d)

CUSIP No. 645827-205

1.

Name of Reporting Person:                            I.R.S. Identification Nos. of above persons (entities only):

Robert L. Dumont

2.

Check the Appropriate Box if a Member of a Group:

(a)

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(b)

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3.

SEC Use Only:

4.

Citizenship or Place of Organization:

U.S.A.

Number of

Shares

Beneficially

Owned by

Each Reporting

Person With

5.

Sole Voting Power:

548,056

6.

Shared Voting Power:

Not applicable

7.

Sole Dispositive Power:

548,056

8.

Shared Dispositive Power:

Not applicable

9.

Aggregate Amount Beneficially Owned by Each Reporting Person:

548,056

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares:

☐

11.

Percent of Class Represented by Amount in Row (9):

4.38%

12.

Type of Reporting Person:

IN

Item 1(a).

Name of Issuer:

Idaho Strategic Resources, Inc.

Item 1(b).

Address of Issuer’s Principal Executive Offices:

201 N. 3^rd St, Coeur d’Alene, Idaho 83814

Item 2(a).

Name of Person Filing:

Robert L. Dumont

Item 2(b).

Address of Principal Business Office or, if none, Residence:

3974 W. Cielo View Ct., Coeur d’Alene, Idaho 83814

Item 2(c).

Citizenship:

U.S.A.

Item 2(d).

Title of Class of Securities:

Common Stock

Item 2(e).

CUSIP Number:

645827-205

Item 3.

If this Statement is Filed Pursuant to §240.13d-1(b) or §240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Item 4.

Ownership.

(a)

Amount beneficially owned: 548,056

(b) 

Percent of class: 4.38%

(c) 

Number of shares as to which the person has:

(i) 

Sole power to vote or to direct the vote: 548,056

(ii) 

Shared power to vote or to direct the vote: Not applicable

(iii) 

Sole power to dispose or to direct the disposition of: 548,056

(iv) 

Shared power to dispose or to direct the disposition of: Not applicable

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☒.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not applicable

Item 8.

Identification and Classification of Members of the Group

Not applicable

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Date:  

February 13, 2024

/s/Robert L. Dumont