10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[√]	QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2014
	OR
[   ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number:   000-55045

IDAHO NORTH RESOURCES CORP.

(Exact name of registrant as specified in its charter)

IDAHO	30-0406120
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

2555 West Palais Drive

Coeur d'Alene, ID   83815

(Address of principal executive offices, including zip code.)

(509) 928-7604

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days.     YES [√]     NO [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).      YES [√]     NO [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	[   ]	Accelerated Filer	[   ]
Non-accelerated Filer (Do not check if smaller reporting company)	[   ]	Smaller Reporting Company	[√]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     YES [   ]     NO [√]

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:

0 shares of preferred stock and 11,834,333 shares of common stock as of May 14, 2014.

TABLE OF CONTENTS

			Page
	PART I.
Item 1.	Financial Statements.		3
	Financial Statements:
		Balance Sheets	3
		Statements of Operations	4
		Statements of Cash Flows	5
		Notes to the Financial Statements	6
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations.		11
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.		14
Item 4.	Controls and Procedures.		15
	PART II.
Item 1.	Legal Proceedings.		15
Item 1A.	Risk Factors.		15
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.		15
Item 3.	Defaults Upon Senior Securities.		15
Item 4.	Mine Safety Disclosures.		15
Item 5.	Other Information.		15
Item 6.	Exhibits.		16
Signatures			17
Exhibit Index			18

-2-

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

IDAHO NORTH RESOURCES CORPORATION

(AN EXPLORATION STAGE COMPANY)

BALANCE SHEETS (UNAUDITED)

	March 31, 2014 (Unaudited)			June 30, 2013
ASSETS
Current Assets
Cash	$	324,920		$	83,229
Accounts receivable		20,000			-
Prepaid insurance		1,297			-
Total Current Assets		346,217			83,229
Mineral properties		123,000			68,000
TOTAL ASSETS	$	469,217		$	151,229
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable	$	17,006		$	1,854
Deposits		12,158			-
Total Liabilities		29,164			1,854
Commitments (note 7)		-			-
Stockholders' Equity
Preferred stock, $0.05 par value, 10,000,000 shares authorized,    0 outstanding as of March 31, 2014 and June 30, 2013		-			-
Common stock, $0.01 par value, 100,000,000 common shares    authorized, 11,834,333 and 7,661,000 shares outstanding as of    March 31, 2014 and June 30, 2013, respectively		118,343			76,610
Additional paid-in capital		707,455			296,865
Accumulated deficit during exploration stage		(385,745	)		(224,100	)
Total Stockholders' Equity		440,053			149,375
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$	469,217		$	151,229

The accompanying notes are an integral part of these financial statements.

-3-

IDAHO NORTH RESOURCES CORPORATION

(AN EXPLORATION STAGE COMPANY)

STATEMENTS OF OPERATIONS (UNAUDITED)

	Three Months Ended						Nine Months Ended
	March 31, 2014			March 31, 2013			March 31, 2014			March 31, 2013			Inception (January 22, 2007) through March 31, 2014
REVENUE EARNED DURING EXPLORATION STAGE:
Exploration services income	$	7,841		$	-		$	7,841		$	-		$	7,841
Operating Expenses
Exploration services expense		7,129			-			7,129			-			7,129
Other exploration expenditures		11,541			1,218			36,004			49,094			155,472
General and administrative expenses		45,739			15,887			126,353			35,707			230,985
Total Operating Expenses		64,409			17,105			169,486			84,801			393,586
Loss from Operations		(56,568	)		(17,105	)		(161,645	)		(84,801	)		(385,745	)
Net Loss	$	(56,568	)	$	(17,105	)	$	(161,645	)	$	(84,801	)	$	(385,745	)
Net Loss per Common Share
Basic and diluted	$	(0.01	)	$ Nil			$	(0.02	)	$	(0.01	)
Weighted average number of common shares outstanding
Basic and diluted		8,676,091			7,632,667			8,161,630			7,457,807

The accompanying notes are an integral part of these financial statements.

-4-

IDAHO NORTH RESOURCES CORPORATION

(AN EXPLORATION STAGE COMPANY)

STATEMENTS OF CASH FLOWS (UNAUDITED)

	Nine Months Ended
	March 31, 2014			March 31, 2013			Inception (January 22, 2007) through March 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(161,645	)	$	(84,801	)	$	(385,745	)
Adjustments to reconcile net (loss) to net cash used in operating activities :
Shares issued as compensation		50,000			-			96,500
Changes in operating assets and liabilities:
Accounts receivable		(20,000	)		-			(20,000	)
Prepaid insurance		(1,297	)		-			(1,297	)
Accounts payable and deposits		27,310			(3,166	)		29164
Cash used in operating activities		(105,632	)		(87,967	)		(281,378	)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of mineral properties		(25,000	)		(21,000	)		(46,000	)
Cash used in investing activities		(25,000	)		(21,000	)		(46,000	)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of common stock		404,000			132,500			734,500
Share issuance cost		(31,677	)		(23,075	)		(82,202	)
Cash provided by financing activities		372,323			109,425			652,298
Increase in cash and cash equivalents		241,691			458			324,920
Cash, beginning of period		83,229			121,410			-
Cash, end of period	$	324,920		$	121,868		$	324,920
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for mineral property acquisitions	$	30,000		$	35,000		$	77,000

The accompanying notes are an integral part of these financial statements.

-5-

IDAHO NORTH RESOURCES CORPORATION (AN EXPLORATION STAGE COMPANY)

Notes to Financial Statements

As of March 31, 2014

1.   NATURE AND CONTINUANCE OF OPERATIONS

Idaho North Resources Corporation ("the Company") was incorporated under the laws of Idaho in 2007.  The Company is engaged primarily in acquiring prospective precious metals mining properties in the western United States. The Company is an Exploration Stage Company, as defined by Accounting Standards Codification 915, Exploration Stage Entities.

2.   BASIS OF PRESENTATION

These interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("US GAAP") and should be read in conjunction with the annual financial statements for the fiscal year ended June 30, 2013. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein.  Actual results could differ from these estimates and assumptions and could have a material effect on the Company's reported financial position and results of operations. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year 2013 as reported in Form 10-K, have been omitted.  Results of operations for the three and nine month periods ended March 31, 2014 are not necessarily indicative of the results expected for the fiscal year ending June 30, 2014.

Revenue Recognition

Revenue received from exploration contracts with third parties is recognized when the contract has been established, the services are rendered and collection of payment is deemed probable.

3.   GOING CONCERN

As shown in the accompanying interim financial statements, the Company had a net loss of $56,568 and $161,645 for the three and nine months ended March 31, 2014, respectively, and an accumulated deficit.  There is substantial doubt about the Company's ability to continue as a going concern.

The Company intends to raise additional capital either through debt or equity financing. The interim financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

4.   EARNINGS PER SHARE

For the three and nine month periods ended March 31, 2014, the effect of the Company's potential issue of 2,129,167 shares from the exercise of 3,591,667 outstanding warrants would have been anti-dilutive (see note 6).  Accordingly, only basic net loss per share has been presented.

-6-

IDAHO NORTH RESOURCES CORPORATION (AN EXPLORATION STAGE COMPANY)

Notes to Financial Statements

As of March 31, 2014

5.   CENTRAL NEVADA EXPLORATION ALLIANCE

In the first quarter of 2014, the Company completed a private placement and signed a letter of intent to enter into an exploration alliance with Coeur Mining Inc. ("Coeur").  Coeur purchased 1,333,333 units at $0.15 per unit, for a total of $200,000.  Each unit consists of one common share and a warrant.  Two warrants plus $0.30 allow Coeur to purchase one common share.  The warrants expire in March 2017.  The letter of intent calls for Coeur to fund a central Nevada exploration program for a 3-year period. Coeur will pay certain consulting and field-related exploration costs associated with the exploration program, along with an administrative fee equal to 10 percent of actual expenditures. Coeur has an earn-in option to acquire interests in certain precious metals properties staked by the Company, provided Coeur funds certain development related-expenditures and meets certain milestones for preparing technical reports and economic analyses pertaining to the applicable properties.  For the period ending March 31, 2014, the Company invoiced Coeur for actual exploration costs and administrative fees of $7,841, plus a $12,158 advance on future exploration costs. 

6.   COMMON STOCK AND WARRANTS

a) Common Stock:

In July 2013, the Company issued 100,000 common shares pursuant to a mining lease agreement at a fair value, based on the most recent sale of common shares, of $0.10 per share. The Company accounted for $10,000 as mineral properties.

In October 2013, the Company issued 200,000 common shares for services at a fair value, based on the most recent sale of common shares, of $0.10 per share.

In November 2013, the Company issued 200,000 common shares pursuant to a mining lease agreement at a fair value, based on the most recent sale of common shares, of $0.10 per share.  The Company accounted for $20,000 as mineral properties.

During the nine months ended March 31, 2014, the Company sold 2,040,000 common shares at $0.10 per share for proceeds of $204,000.

In March 2014, the Company issued 300,000 common shares for services at a fair value, based on the most recent sale of common shares, of $0.10 per share.

In March 2014, the Company sold 1,333,333 common shares at $0.15 per share for proceeds of $200,000 (see note 5).

b)Warrants

	Number of Warrants		Equivalent Common Shares		Weighted Average Exercise Price*
Outstanding at June 30, 2012		1,600,000		800,000	$	0.25
Issued		1,325,000		662,500		0.25
Exercised		-		-		-
Expired		-		-		-
Outstanding at June 30, 2013		2,925,000		1,462,500	$	0.25
Issued		666,667		666,667		0.30
Exercised		-		-		-
Expired		-		-		-
Outstanding at March 31, 2014		3,591,667		2,129,167	$	0.26

-7-

IDAHO NORTH RESOURCES CORPORATION (AN EXPLORATION STAGE COMPANY)

Notes to Financial Statements

As of March 31, 2014

The warrants that are issued and outstanding as at March 31, 2014 are as follows:

Equivalent Common Shares	Exercise Price*	Expiration Date
1,462,500	$ 0.25	March 1, 2015
666,667	0.30	March 4, 2017

*For the warrants outstanding as of June 30, 2013, two warrants plus $0.25 will allow the holder to acquire one share of common stock.  For the warrants issued after June 30, 2013, one warrant plus $0.30 will allow the holder to acquire one share of common stock.

7.   MINERAL PROPERTY COMMITMENTS - RELATED PARTY

For the following properties, the related party is a shareholder (not an officer or director) who exercises voting rights over 9.6% percent of the Company's common stock.  The Company has satisfied its work commitments for the first and second lease years on all three properties.  Work commitments include, but are not limited to, annual claim fees, exploration, mapping, sampling, and administration costs.

Klondike North Property.  On October 24, 2011, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Klondike North Property, which consists of 12 unpatented lode-mining claims located on Bureau of Land Management lands in the Klondike Mining District, Esmerelda County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			500,000
First Anniversary of the Agreement		10,000			-
Second Anniversary of the Agreement		20,000	*		-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth through the tenth Anniversary		50,000			-
Eleventh Anniversary and thereafter		100,000			-

The Company valued the 500,000 shares issued for the above acquisition of mineral rights at $0.02, based on the most recent sale of common shares, and recorded $10,000 as mineral property in the fiscal year ended June 30, 2012.

*The Company, with agreement from the sellers, satisfied its Second Anniversary obligation with 200,000 shares of common stock issued with a fair value of $0.10 per share in the nine months ended March 31, 2014.

-8-

IDAHO NORTH RESOURCES CORPORATION (AN EXPLORATION STAGE COMPANY)

Notes to Financial Statements

As of March 31, 2014

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

Divide Property.  On February 21, 2012, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Divide Property, which consists of 10 unpatented lode-mining claims located on Bureau of Land Management lands in the Divide Mining District, Esmerelda County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			100,000
First Anniversary of the Agreement		10,000	*		-
Second Anniversary of the Agreement		20,000			-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth Anniversary and thereafter		50,000			-

The Company valued the 100,000 shares issued for the above acquisition of mineral rights at $0.02, based on the most recent sale of common shares, and recorded $2,000 as mineral property in the fiscal year ended June 30, 2012.

*The Company, with agreement from the sellers, satisfied its First Anniversary obligation with a $5,000 payment in cash and 50,000 shares of common stock issued with a fair value of $0.10 per share in the fiscal year ended June 30, 2013.

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

-9-

IDAHO NORTH RESOURCES CORPORATION (AN EXPLORATION STAGE COMPANY)

Notes to Financial Statements

As of March 31, 2014

Eagleville Property.  On July 27, 2012, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Eagleville Property, which consists of 58 unpatented lode-mining claims located on Bureau of Land Management lands in the Eagleville Mining District, Mineral County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	6,000			300,000
On or prior to the 1st Anniversary of the Agreement		15,000	*		150,000
On or prior to the 2nd Anniversary of the Agreement		20,000			150,000
On or prior to the 3rd Anniversary of the Agreement		30,000			-
On or prior to the 4th Anniversary of the Agreement		40,000			-
On or prior to the 5th through the 10th Anniversary		50,000			-
On or prior to the 11th Anniversary and thereafter		100,000			-

The Company valued the 300,000 shares issued for the above acquisition of mineral rights at $0.10, based on the most recent sale of common shares, and recorded $30,000 as mineral property in the fiscal year ended June 30, 2013.

*The Company, with agreement from the sellers, satisfied its First Anniversary obligation with a $5,000 payment in cash and 100,000 shares of common stock issued with a fair value of $0.10 per share in the nine months ended March 31, 2014.

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		10,000
Third Lease Year		25,000
Fourth Lease Year		50,000
Fifth Lease Year and thereafter		100,000

-10-

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

This section of this quarterly report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

We are considered to be in the development stage, as defined in Statement of Financial Accounting Standards No. 7. We have been in the development stage since our inception.  We have incurred operating losses since inception and at March 31, 2014 had working capital of $317,053.

We have sufficient available cash in order to maintain operations during the next twelve months; however, we will have to raise additional capital to continue our exploration plans and keep our mineral property leases in good standing after twelve months.  We intend to obtain the capital from the exercise of our Redeemable Warrants; possible sale of additional shares of common stock; or loans.  There is no assurance that we will raise the additional funds.

Exploration expenditures consist of fees to be paid for consulting services connected with exploration, the cost of rock sampling (the collection of a series of small chips over a measured distance, which is then submitted for a chemical analysis, usually to determine the metallic content over the sampled interval, at pre-determined locations on the property), and cost of analyzing these samples. Since we recently leased the properties, we have not begun exploration.

We cannot be more specific about the application of proceeds for exploration, because we do not know what we will find.

We have allocated a range of money for exploration.  That is because we do not know how much will ultimately be needed for exploration.  If our initial exploration proves positive results, we will expand the exploration activities to include reverse circulation drilling.  This is a less expensive form of drilling that does not allow for the recovery of a tube or core of rock.  The material is brought up from depth as a series of small chips of rock that are then bagged and sent in for analysis.  This is a quicker and cheaper method of drilling, but does not necessarily give one as much information about the underlying rocks.  If warranted, core drilling would follow this stage.

If we discover significant quantities of mineralized material, we will begin technical and economic feasibility studies to determine if we have reserves.  Only if we have reserves will we consider developing the property.

If, through early stage exploration, we find mineralized material and it is feasible to expand the exploration program, we will attempt to raise additional money through a subsequent private placement, public offering or through loans. If we do not raise all of the money we need, we will have to find alternative sources of funding, like a public offering, a private placement of securities, or loans.

 We will be conducting research in the form of exploration of the properties.  Our exploration program is explained in as much detail as possible in the business section of this report.  We do not plan to buy or sell any plant or significant equipment during the next twelve months.  We will not buy any equipment until we have located a body of minerals and we have determined they are economical to extract from the land.

We intend to interest other companies in the properties should we discover mineralized materials, or we may elect to develop the properties ourselves.

-11-

If we are unable to complete any phase of exploration because we do not have enough money, we will cease operations until we raise more money.  If we cannot or do not raise more money, we will cease operations.  If we cease operations, we do not know what we will do and we don't have any plans to do anything.

We do not intend to hire additional employees at this time.  Any work that would be conducted on a property that we may secure will be conducted by unaffiliated independent contractors that we will hire.  The independent contractors will be responsible for surveying, geology, engineering, exploration, and excavation.  The geologists will evaluate the information derived from the exploration and excavation, and the engineers will advise us on the economic feasibility of removing the mineralized material.

Central Nevada Exploration Alliance

In the first quarter of 2014, the Company completed a private placement and signed a letter of intent to enter into an exploration alliance with Coeur Mining Inc. ("Coeur").  Coeur purchased 1,333,333 units at $0.15 per unit, for a total of $200,000.  Each unit consists of one common share and a warrant.  Two warrants plus $0.30 allow Coeur to purchase one common share.  The warrants expire in March 2017.  The letter of intent calls for Coeur to fund a central Nevada exploration program for a 3-year period. Coeur will pay certain consulting and field-related exploration costs associated with the exploration program, along with an administrative fee equal to 10 percent of actual expenditures. Coeur has an earn-in option to acquire interests in certain precious metals properties staked by the Company, provided Coeur funds certain development related-expenditures and meets certain milestones for preparing technical reports and economic analyses pertaining to the applicable properties.

Property Leases

Below are the aggregate annual payments due on the properties, as stated in the 3 signed lease agreements. These payments totaling $207,225 are included in our 12-month expense list and are comprised of Lease Agreements, Work Commitments and BLM & County Claim Fees.

	Advance Royalty Payment		Payment Due Date	Work Commitment		BLM & County Claim Fees
Klondike Lease	$	30,000	10/24/2014	$	50,000	$	6,175
Divide Lease	$	30,000	2/21/2015	$	50,000	$	1,625
Eagleville Lease	$	20,000	7/27/2014	$	10,000	$	9,425
Total	$	80,000		$	110,000	$	17,225
Total aggregate annual payments	$	207,225

Klondike lease dated October 24, 2011 (12 claims/North, 26 claims/South) Total 38 claims

Lease agreement paid $10,000 on 10/24/12 for end of first year in cash; paid $20,000 in common stock on 11/01/12 for end of second year—200,000 shares were issued to the owners at a deemed value of $0.10 per share.

Work Commitment $50,000

BLM Claim fees 38 claims @ $140.00 per claim, and $22.50 per claim County and State fees $6,715.00

Divide lease dated Feb. 21, 2012 Total 10 claims

Lease agreement paid $10,000 on 2/20/13, $5,000 in cash and $5,000 in common stock for end of first year; paid $20,000 in cash for end of second year.  For the common stock, 50,000 shares were issued to the owners at a deemed value of $0.10 per share.

Work Commitment $50,000

BLM Claim fees 10 claims @ $140.00 per claim, and $22.50 per claim County and State fees $1,625.00

-12-

Eagleville lease dated July 27, 2012 Total 58 claims

Lease agreement paid $15,000 on 7/29/13, $5,000 in cash and $10,000 in common stock.  For the common stock, 100,000 shares were issued to the owners at a deemed value of $0.10 per share.

Work Commitment $10,000

BLM Claim fees 58 claims @$140.00 per claim, and $22.50 per claim County and State fees $9,425.00

Plan of Operation - Milestones

During the next twelve months we plan to spend funds from additional capital raised as follows.  If we are unable to raise additional capital, we will not be able to complete these milestones and may cease operations.

	Estimated Time		Cost
Research (1)	4-6 months	$	5,000
Maintenance Fees (2)	2 months	$	19,338
Exploration (3)	4-6 months	$	10,000
Analysis (4)	4-6 months	$	2,000
Salaries (5)	All 12 months	$	30,000
Accounting (6)	All 12 months	$	21,000
Office Expenses (7)	All 12 months	$	5,000
Advance Royalty Payments and Work Commitments on Leased Properties (8)	All 12 months	$	190,000

(1)	Costs related to the examination of potential property acquisitions.
(2)	Costs of annual claim maintenance fees.
(3)	Costs related to trenching and surface sampling.
(4)	Costs related to analyzing mineral claims.
(5)	Salaries to be paid to officers of the corporation.
(6)	Costs for accounting, auditing and tax preparation services.
(7)	Costs of stationary, mail, telephone & other office supplies.
(8)	Costs for the next twelve months for Advance Royalty Payments and Work Commitments due on the Klondike, Divide, and Eagleville properties.

Limited Operating History; Need for Additional Capital

We have no operations upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee that we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

We will have to retain experts to assist in developing the properties we lease and in locating additional appropriate projects.  Our interest in the properties is limited to our leasehold interest.  Our leases, however, grant us a right to purchase the underlying minerals upon completion of certain conditions.  In order to assist in deciding if we should invest in a particular project, we will first need to be provided with at least the following:

*	A description of the project and the location of the property;
*	The lands that will be subject to the exploration project;
*	The royalties, net profit interest or other charges applicable to the subject lands;
*	The estimated cost of any geophysical work contemplated; and
*	The estimated acquisition costs, exploration costs and development costs of the property.

To become profitable and competitive, we will have to conduct research and exploration of the properties we have acquired.

-13-

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

Results of Operations

For the three months ended March 31, 2014, we generated exploration services income of $7,841, compared to $0 for the same period in 2013.  Operating expenses were $64,409 for the three months ended March 31, 2014, compared to $17,105 for the same period in 2013.  Higher exploration costs and compensation costs to officers and directors accounted for the increase.

For the nine months ended March 31, 2014, we generated exploration services income of $7,841, compared to $0 for the same period in 2013.  Operating expenses were $169,486 for the nine months ended March 31, 2014, compared to $84,801 for the same period in 2013.  Costs associated with obtaining the Company's public listing, maintaining property leases, higher exploration costs and compensation costs to officers and directors accounted for the difference.

Material Changes in Financial Condition

At March 31, 2014, we had assets of $469,217, including cash of $324,920, compared to assets of $151,229, including cash of $83,229, at June 30, 2013.  The increase in assets is attributable to proceeds received from an ongoing private placement of equity securities.

Liquidity and Capital Resources

Since our inception on January 22, 2007, we have issued 11,834,333 restricted shares of common stock.  Included in the foregoing are 850,000 shares of common stock on October 30, 2007, 300,000 shares of common stock on December 4, 2007, and 100,000 shares on January 10, 2008. These shares were issued to our officers, directors, and founders in consideration of $6,000. The foregoing 1,250,000 shares of common stock were issued pursuant to the exemption from registration contained in Regulation S of the Securities Act of 1933, as amended.

In November 2011, we issued 1,600,000 restricted shares of common stock to 21 persons at a price of $0.02 per share for a total of $32,000.  The 21 persons were all accredited investors.

In July 2012, we completed a private placement of 2,925,000 Units.  Each Unit was comprised of one (1) restricted share of common stock and one (1) redeemable stock purchase warrant.  The exercise period of the warrants is three (3) years from March 1, 2012.  Two (2) warrants plus $0.25 are convertible into one (1) restricted share of common stock. The warrants are redeemable by us upon thirty (30) days written notice to the holder thereof.  If we issue such notice and the holder does not exercise the Redeemable Warrants during the 30 day period, the Redeemable Warrants will terminate thirty (30) days from the date of the notice.  The sale of the Units was made pursuant to the exemption from registration contained in Reg. 506 of the Securities Act of 1933, as amended.

During the first quarter of 2014, we sold 2,040,000 units at $0.10 per share for proceeds of $204,000.  Each unit was comprised of one (1) restricted share of common stock and one (1) redeemable stock purchase warrant.  Two (2) Redeemable Warrants plus $0.25 are convertible into (1) restricted share of common stock.  The shares and warrants were not issued as of March 31, 2014.

In March 2014, we sold 1,333,333 units at $0.15 per share for proceeds of $200,000.  Each unit was comprised of one (1) restricted share of common stock and one half of one (1/2) redeemable stock purchase warrant.  One (1) warrant plus $0.30 is convertible into one (1) restricted share of common stock.

-14-

The warrants that are issued and outstanding as at March 31, 2014 are as follows:

Number of Warrants		Equivalent Common Shares		Exercise Price*		Expiration Date
	2,925,000		1,462,500	$	0.25	March 1, 2015
	666,667		666,667		0.30	March 4, 2017
	3,591,667		2,129,167

*For the warrants outstanding as of June 30, 2013, two warrants plus $0.25 will allow the holder to acquire one share of common stock.  For the warrants issued after June 30, 2013, one warrant plus $0.30 will allow the holder to acquire one share of common stock.

During the next twelve months, we will be required to spend $80,000 on property leases and spend a minimum of $110,000 on property exploration.  These expenses are included in the amounts listed under "Plan of Operation – Milestones."  See "Notes to Financial Statements" for lease payments required after twelve months.

As of March 31, 2014, our total assets were $469,217, and our total liabilities were $29,164.  We had cash of $324,920 at March 31, 2014.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition, revenues, results of operations, liquidity or capital expenditures.

Critical Accounting Estimates

The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of commitments and contingencies at the date of the consolidated financial statements and the reported amount of revenues and expenses during the period.  All of our significant accounting policies and estimates are described in note 2 of the June 30, 2013 audited financial statements, with the exception of revenue recognition, which is described in note 2 of the March 31, 2014 interim financial statements.  We consider the following policies as being critical with regard to the impact estimates and changes in estimates could have on our financial condition, changes in financial condition or results of operations.

Mineral Property Costs-The Company has been in the exploration stage since its inception on January 27, 2007 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property exploration costs are expensed as incurred. Mineral property acquisition costs are initially capitalized. The Company assesses the carrying costs for impairment under ASC 360, Property, Plant, and Equipment at each fiscal quarter end. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs then incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.

Stock Based Compensation - The Company records stock-based compensation in accordance with ASC 718, Compensation – Stock Based Compensation, and ASC 505, Equity based payments to non-employees, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.

-15-

Under the JOBS Act, an "emerging growth company" can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We intend to take advantage of this extended transition period. Since we will not be required to comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for other public companies, our financial statements may not be comparable to financial statements of companies that comply with public company effective dates.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4. CONTROLS AND PROCEDURES.

Under the supervision and with the participation of our management, including the Principal Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are effective.  There was no change in our internal control over financial reporting during the quarter ended March 31, 2014 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION.

ITEM 1.LEGAL PROCEEDINGS.

None.

ITEM 1A. RISK FACTORS.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

In March 2014, we sold 3,663,333 restricted shares of common stock to 32 persons in consideration of $434,000. We relied upon the exemptions from registration contained in Regulation 506 and Section 4(a)(2) of the Securities Act of 1933, as amended for said sales.

ITEM 3.DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4.MINE SAFETY DISCLOSURES.

None.

ITEM 5.OTHER INFORMATION.

In March 2014, we sold 3,663,333 restricted shares of common stock to 32 persons in consideration of $434,000.  See Item 2 above.  We failed to file a Form 8-K in connection therewith.

-16-

ITEM 6. EXHIBITS.

The following documents are included herein:

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation (12/11/2007).	S-1/A-1	1/24/13	3.1
3.2	Bylaws of Idaho North Resources Corp.	S-1/A-1	1/24/13	3.2
4.1	Specimen Stock Certificate.	S-1/A-1	1/24/13	4.1
10.1	Lease Agreement with Mountain Gold Claims LLC for Klondike 25-29 Property, Klondike 41 Property, Klondike Central Property and Klondike Southeast Property.	S-1	11/26/12	10.1
10.2	Lease Agreement with Mountain Gold Claims LLC and Black Rock Exploration LLC for Divide TH Property, Divide DN Property and Divide GS Property.	S-1	11/26/12	10.2
10.3	Lease Agreement with Mountain Gold Exploration, Inc. and Lane A. Griffin and Associates for the Eagleville Property.	S-1	11/26/12	10.3
10.4	Employment Agreement with Erik Panke.	S-1/A-1	1/24/13	10.4
10.5	Selling Agreement with Pennaluna & Company.	10-Q	11/12/13	10.5
31.1	Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
31.2	Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Warrant Agreement.	S-1	11/26/12	99.1
101.INS	XBRL Instance Document.				X
101.SCH	XBRL Taxonomy Extension – Schema.				X
101.CAL	XBRL Taxonomy Extension – Calculations.				X
101.DEF	XBRL Taxonomy Extension – Definitions.				X
101.LAB	XBRL Taxonomy Extension – Labels.				X
101.PRE	XBRL Taxonomy Extension – Presentation.				X

-17-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on this 15^th day of May, 2014.

IDAHO NORTH RESOURCES CORP.
(the "Registrant")
BY:	MARK FRALICH
	Mark Fralich
	President, Principal Executive Officer and a member of the Board of Directors
BY:	ERIK PANKE
	Erik Panke
	Principal Accounting Officer, Principal Financial Officer, Secretary, Treasurer and a member of the Board of Directors

-18-

EXHIBIT INDEX

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation (12/11/2007).	S-1/A-1	1/24/13	3.1
3.2	Bylaws of Idaho North Resources Corp.	S-1/A-1	1/24/13	3.2
4.1	Specimen Stock Certificate.	S-1/A-1	1/24/13	4.1
10.1	Lease Agreement with Mountain Gold Claims LLC for Klondike 25-29 Property, Klondike 41 Property, Klondike Central Property and Klondike Southeast Property.	S-1	11/26/12	10.1
10.2	Lease Agreement with Mountain Gold Claims LLC and Black Rock Exploration LLC for Divide TH Property, Divide DN Property and Divide GS Property.	S-1	11/26/12	10.2
10.3	Lease Agreement with Mountain Gold Exploration, Inc. and Lane A. Griffin and Associates for the Eagleville Property.	S-1	11/26/12	10.3
10.4	Employment Agreement with Erik Panke.	S-1/A-1	1/24/13	10.4
10.5	Selling Agreement with Pennaluna & Company.	10-Q	11/12/13	10.5
31.1	Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
31.2	Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.				X
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Warrant Agreement.	S-1	11/26/12	99.1
101.INS	XBRL Instance Document.				X
101.SCH	XBRL Taxonomy Extension – Schema.				X
101.CAL	XBRL Taxonomy Extension – Calculations.				X
101.DEF	XBRL Taxonomy Extension – Definitions.				X
101.LAB	XBRL Taxonomy Extension – Labels.				X
101.PRE	XBRL Taxonomy Extension – Presentation.				X

-19-

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Idaho North Resources Corp. (the "Company") on Form 10-Q for the period ended March 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Erik Panke, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 15^th day of May, 2014.

ERIK PANKE

Erik Panke

Chief Financial Officer

EX-31.1

Exhibit 31.1

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Mark Fralich, certify that:

1.	I have reviewed this Form 10-Q for the period ended March 31, 2014 of Idaho North Resources Corp.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c.	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d.	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.	The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
	a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	May 15, 2014	MARK FRALICH
		Mark Fralich
		Principal Executive Officer

EX-31.2

Exhibit 31.2

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Erik Panke, certify that:

1.	I have reviewed this Form 10-Q for the period ended March 31, 2014 of Idaho North Resources Corp.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c.	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d.	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.	The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
	a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	May 15, 2014	ERIK PANKE
		Erik Panke
		Principal Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. Section 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Idaho North Resources Corp. (the "Company") on Form 10-Q for the period ended March 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Mark Fralich, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 15^th day of May, 2014.

MARK FRALICH

Mark Fralich

Chief Executive Officer

XML

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Work Commitment (USD $)	Mar. 31, 2014
Work Commitment [Abstract]0
First Lease Year	$ 5,000
Second Lease Year	25,000
Third Lease Year	50,000
Fourth Lease Year	75,000
Fifth Lease Year and thereafter	$ 100,000

XML

4. EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

4.   EARNINGS PER SHARE

For the three and nine month periods ended March 31, 2014, the effect of the Company's potential issue of 2,129,167 shares from the exercise of 3,591,667 outstanding warrants would have been anti-dilutive (see note 6).  Accordingly, only basic net loss per share has been presented.

XML

3. GOING CONCERN

9 Months Ended

Mar. 31, 2014

Going Concern Note [Abstract]

Going Concern Note

3.   GOING CONCERN

As shown in the accompanying interim financial statements, the Company had a net loss of $56,568 and $161,645 for the three and nine months ended March 31, 2014, respectively, and an accumulated deficit.  There is substantial doubt about the Company's ability to continue as a going concern.

The Company intends to raise additional capital either through debt or equity financing. The interim financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

XML

Balance Sheets (USD $)	Mar. 31, 2014	Jun. 30, 2013
Current Assets
Cash	$ 324,920	$ 83,229
Accounts receivable	20,000
Prepaid insurance	1,297
Total Current Assets	346,217	83,229
Mineral properties	123,000	68,000
TOTAL ASSETS	469,217	151,229
Current Liabilities
Accounts payable	17,006	1,854
Deposits	12,158
Total Liabilities	29,164	1,854
Stockholders' Equity
Preferred stock, $0.05 par value, 10,000,000 shares authorized, 0 outstanding as of March 31, 2014 and June 30, 2013	0	0
Common stock, $0.01 par value, 100,000,000 common shares authorized, 11,834,333 and 7,661,000 shares outstanding as of March 31, 2014 and June 30, 2013, respectively	118,343	76,610
Additional paid-in capital	707,455	296,865
Accumulated deficit during exploration stage	(385,745)	(224,100)
Total Stockholders' Equity	440,053	149,375
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 469,217	$ 151,229

XML

1. NATURE AND CONTINUANCE OF OPERATIONS

9 Months Ended

Mar. 31, 2014

Nature of Operations [Abstract]

Nature of Operations [Text Block]

1.   NATURE AND CONTINUANCE OF OPERATIONS

Idaho North Resources Corporation ("the Company") was incorporated under the laws of Idaho in 2007.  The Company is engaged primarily in acquiring prospective precious metals mining properties in the western United States. The Company is an Exploration Stage Company, as defined by Accounting Standards Codification 915, Exploration Stage Entities.

XML

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Advanced Royalty Payments (USD $)	3 Months Ended
	Mar. 31, 2014
Advanced Royalty Payments [Abstract]
Upon execution of Agreement	$ 500,000
First Anniversary of the Agreement	10,000
Second Anniversary of the Agreement	20,000
Third Anniversary of the Agreement	30,000
Fourth Anniversary of the Agreement	40,000
Fifth through the tenth Anniversary	50,000
Eleventh Anniversary and thereafter	$ 100,000

XML

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Advanced Royalty Payments (USD $)	3 Months Ended
	Mar. 31, 2014
Advanced Royalty Payments [Abstract]0
Upon execution of Agreement	$ 500,000
First Anniversary of the Agreement	10,000
Second Anniversary of the Agreement	20,000
Third Anniversary of the Agreement	30,000
Fourth Anniversary of the Agreement	40,000
Fifth Anniversary and thereafter	$ 50,000

XML

2. BASIS OF PRESENTATION

9 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements Disclosure [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

2.   BASIS OF PRESENTATION

These interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("US GAAP") and should be read in conjunction with the annual financial statements for the fiscal year ended June 30, 2013. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein.  Actual results could differ from these estimates and assumptions and could have a material effect on the Company's reported financial position and results of operations. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year 2013 as reported in Form 10-K, have been omitted.  Results of operations for the three and nine month periods ended March 31, 2014 are not necessarily indicative of the results expected for the fiscal year ending June 30, 2014.

Revenue Recognition

Revenue received from exploration contracts with third parties is recognized when the contract has been established, the services are rendered and collection of payment is deemed probable.

XML

Balance Sheets (Parentheticals) (USD $)	Mar. 31, 2014	Jun. 30, 2013
Preferred stock, par value (in Dollars per share)	$ 0.05	$ 0.05
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, outstanding	0	0
Common stock, authorized	100,000,000	100,000,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, outstanding	11,834,333	7,661,000

XML

5. CENTRAL NEVADA EXPLORATION ALLIANCE (Details) (USD $)	1 Months Ended		3 Months Ended	9 Months Ended	86 Months Ended
	Mar. 31, 2014	Jun. 30, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Units Issued During Period, Shares, Issued for Cash	$ 1,333,333		$ 1,333,333
Subsidiary or Equity Method Investee, Price-Per-Share	$ 0.15		$ 0.15	$ 0.15	$ 0.15
Units Issued During Period, Value, Issued for Cash	200,000		200,000
Units, Description			1
Warrants, Number Needed to Redeem for a Single Share		2	2	1
Class of Warrant or Right, Exercise Price of Warrants or Rights	0.30		0.30	0.30	0.30
Exploration Services Incom	7,841		7,841	7,841	7,841
Advances for Exploration Development and Production Cost	$ (12,158)		$ (12,158)	$ (12,158)	$ (12,158)

XML

Document And Entity Information (USD $)	9 Months Ended
	Mar. 31, 2014	May 14, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	Idaho North Resources Corp.
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		11,834,333
Entity Public Float		$ 0
Amendment Flag	false
Entity Central Index Key	0001543395
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Mar. 31, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3

XML

6. STOCKHOLDERS' EQUITY, COMMON STOCK AND WARRANTS (Details) (USD $)	1 Months Ended				2 Months Ended	3 Months Ended		4 Months Ended	9 Months Ended		11 Months Ended	12 Months Ended	86 Months Ended
	Mar. 31, 2014	Nov. 30, 2013	Oct. 31, 2013	Jun. 30, 2013	Dec. 31, 2011	Mar. 31, 2014	Sep. 30, 2013	Jun. 30, 2012	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2013	Jun. 30, 2013	Mar. 31, 2014	Mar. 30, 2014	Jun. 29, 2013
Stockholders' Equity Note [Abstract]
Stock Issued During Period, Shares, Acquisitions		200,000			500,000	100,000	100,000	100,000	200,000		300,000	50,000
Share Price	$ 0.10	$ 0.10	$ 0.10	$ 0.10	$ 0.02	$ 0.10	$ 0.10	$ 0.02	$ 0.10		$ 0.10	$ 0.10	$ 0.10	$ 0.10	$ 0.10
Stock Issued During Period, Value, Acquisitions		$ 20,000			$ 10,000		$ 10,000	$ 2,000	$ 30,000	$ 35,000	$ 30,000	$ 5,000	$ 77,000
Stock Issued During Period, Shares, Issued for Services	300,000		200,000
Stock Issued During Period, Shares, Issued for Cash						2,040,000
Stock Issued During Period, Value, Issued for Cash						204,000
Units Issued During Period, Shares, Issued for Cash	$ 1,333,333					$ 1,333,333
Sale of Stock, Price Per Share	$ 0.15					$ 0.15			$ 0.15				$ 0.15
Units Issued During Period, Value, Issued for Cash	200,000					200,000
Warrants, Number Needed to Redeem for a Single Share				2		2			1
Investment Warrants, Exercise Price				$ 0.25					$ 0.30

XML

Statements of Operations (Unaudited) (USD $)	1 Months Ended		9 Months Ended		86 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014
REVENUE EARNED DURING EXPLORATION STAGE:
Exploration services income	$ 7,841		$ 7,841		$ 7,841
Operating Expenses
Exploration services expense	7,129		7,129		7,129
Other exploration expenditures	11,541	1,218	36,004	49,094	155,472
General and administrative expenses	45,739	15,887	126,353	35,707	230,985
Total Operating Expenses	64,409	17,105	169,486	84,801	393,586
Loss from Operations	(56,568)	(17,105)	(161,645)	(84,801)	(385,745)
Net Loss	$ (56,568)	$ (17,105)	$ (161,645)	$ (84,801)	$ (385,745)
Net Loss per Common Share
Basic and diluted (in Dollars per share)	$ (0.01)	$ 0.00	$ (0.02)	$ (0.01)
Weighted average number of common shares outstanding
Basic and diluted (in Shares)	8,676,091	7,632,667	8,161,630	7,457,807

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review)

9 Months Ended

Mar. 31, 2014

Mineral Industries Disclosures Related Pary [Abstract]

Mineral Industries Disclosures Related Pary

7.   MINERAL PROPERTY COMMITMENTS - RELATED PARTY

For the following properties, the related party is a shareholder (not an officer or director) who exercises voting rights over 9.6% percent of the Company's common stock.  The Company has satisfied its work commitments for the first and second lease years on all three properties.  Work commitments include, but are not limited to, annual claim fees, exploration, mapping, sampling, and administration costs.

Klondike North Property.  On October 24, 2011, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Klondike North Property, which consists of 12 unpatented lode-mining claims located on Bureau of Land Management lands in the Klondike Mining District, Esmerelda County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			500,000
First Anniversary of the Agreement		10,000			-
Second Anniversary of the Agreement		20,000	*		-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth through the tenth Anniversary		50,000			-
Eleventh Anniversary and thereafter		100,000			-

The Company valued the 500,000 shares issued for the above acquisition of mineral rights at $0.02, based on the most recent sale of common shares, and recorded $10,000 as mineral property in the fiscal year ended June 30, 2012.

*The Company, with agreement from the sellers, satisfied its Second Anniversary obligation with 200,000 shares of common stock issued with a fair value of $0.10 per share in the nine months ended March 31, 2014.

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

Divide Property.  On February 21, 2012, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Divide Property, which consists of 10 unpatented lode-mining claims located on Bureau of Land Management lands in the Divide Mining District, Esmerelda County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			100,000
First Anniversary of the Agreement		10,000	*		-
Second Anniversary of the Agreement		20,000			-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth Anniversary and thereafter		50,000			-

The Company valued the 100,000 shares issued for the above acquisition of mineral rights at $0.02, based on the most recent sale of common shares, and recorded $2,000 as mineral property in the fiscal year ended June 30, 2012.

*The Company, with agreement from the sellers, satisfied its First Anniversary obligation with a $5,000 payment in cash and 50,000 shares of common stock issued with a fair value of $0.10 per share in the fiscal year ended June 30, 2013.

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

Eagleville Property.  On July 27, 2012, the Company entered into an Exploration and Mining Lease and Option to Purchase Agreement for the Eagleville Property, which consists of 58 unpatented lode-mining claims located on Bureau of Land Management lands in the Eagleville Mining District, Mineral County, Nevada.  The Company has the right to conduct all customary mineral exploration activities in return for the following commitments:

Advanced Royalty Payments

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	6,000			300,000
On or prior to the 1st Anniversary of the Agreement		15,000	*		150,000
On or prior to the 2nd Anniversary of the Agreement		20,000			150,000
On or prior to the 3rd Anniversary of the Agreement		30,000			-
On or prior to the 4th Anniversary of the Agreement		40,000			-
On or prior to the 5th through the 10th Anniversary		50,000			-
On or prior to the 11th Anniversary and thereafter		100,000			-

The Company valued the 300,000 shares issued for the above acquisition of mineral rights at $0.10, based on the most recent sale of common shares, and recorded $30,000 as mineral property in the fiscal year ended June 30, 2013.

*The Company, with agreement from the sellers, satisfied its First Anniversary obligation with a $5,000 payment in cash and 100,000 shares of common stock issued with a fair value of $0.10 per share in the nine months ended March 31, 2014.

Work Commitment

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		10,000
Third Lease Year		25,000
Fourth Lease Year		50,000
Fifth Lease Year and thereafter		100,000

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6. STOCKHOLDERS' EQUITY, COMMON STOCK AND WARRANTS

9 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

6.   COMMON STOCK AND WARRANTS

a) Common Stock:

In July 2013, the Company issued 100,000 common shares pursuant to a mining lease agreement at a fair value, based on the most recent sale of common shares, of $0.10 per share. The Company accounted for $10,000 as mineral properties.

In October 2013, the Company issued 200,000 common shares for services at a fair value, based on the most recent sale of common shares, of $0.10 per share.

In November 2013, the Company issued 200,000 common shares pursuant to a mining lease agreement at a fair value, based on the most recent sale of common shares, of $0.10 per share.  The Company accounted for $20,000 as mineral properties.

During the nine months ended March 31, 2014, the Company sold 2,040,000 common shares at $0.10 per share for proceeds of $204,000.

In March 2014, the Company issued 300,000 common shares for services at a fair value, based on the most recent sale of common shares, of $0.10 per share.

In March 2014, the Company sold 1,333,333 common shares at $0.15 per share for proceeds of $200,000 (see note 5).

b)Warrants

	Number of Warrants		Equivalent Common Shares		Weighted Average Exercise Price*
Outstanding at June 30, 2012		1,600,000		800,000	$	0.25
Issued		1,325,000		662,500		0.25
Exercised		-		-		-
Expired		-		-		-
Outstanding at June 30, 2013		2,925,000		1,462,500	$	0.25
Issued		666,667		666,667		0.30
Exercised		-		-		-
Expired		-		-		-
Outstanding at March 31, 2014		3,591,667		2,129,167	$	0.26

The warrants that are issued and outstanding as at March 31, 2014 are as follows:

Equivalent Common Shares	Exercise Price*	Expiration Date
1,462,500	$ 0.25	March 1, 2015
666,667	0.30	March 4, 2017

*For the warrants outstanding as of June 30, 2013, two warrants plus $0.25 will allow the holder to acquire one share of common stock.  For the warrants issued after June 30, 2013, one warrant plus $0.30 will allow the holder to acquire one share of common stock.

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Work Commitment (USD $)	Mar. 31, 2014
Work Commitment [Abstract]
First Lease Year	$ 5,000
Second Lease Year	25,000
Third Lease Year	50,000
Fourth Lease Year	75,000
Fifth Lease Year and thereafter	$ 100,000

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6. STOCKHOLDERS' EQUITY, COMMON STOCK AND WARRANTS (Details) - Warrants	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2012
Warrants [Abstract]
Outstanding	3,591,667	2,925,000	1,600,000
Outstanding	2,129,167	1,462,500	800,000
Issued		666,667	1,325,000
Issued	1,462,500	666,667	662,500

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3. GOING CONCERN (Details) (USD $)	1 Months Ended		3 Months Ended	9 Months Ended		86 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014
Going Concern Note [Abstract]
Net Income (Loss) Attributable to Parent	$ (56,568)	$ (17,105)	$ (56,568)	$ (161,645)	$ (84,801)	$ (385,745)

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6. STOCKHOLDERS' EQUITY, COMMON STOCK AND WARRANTS (Tables)

9 Months Ended

21 Months Ended

Mar. 31, 2014

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Warrant Activity

	Number of Warrants		Equivalent Common Shares		Weighted Average Exercise Price*
Outstanding at June 30, 2012		1,600,000		800,000	$	0.25
Issued		1,325,000		662,500		0.25
Exercised		-		-		-
Expired		-		-		-
Outstanding at June 30, 2013		2,925,000		1,462,500	$	0.25
Issued		666,667		666,667		0.30
Exercised		-		-		-
Expired		-		-		-
Outstanding at March 31, 2014		3,591,667		2,129,167	$	0.26

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

Equivalent Common Shares	Exercise Price*	Expiration Date
1,462,500	$ 0.25	March 1, 2015
666,667	0.30	March 4, 2017

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Tables)

3 Months Ended

9 Months Ended

Mar. 31, 2014

Mar. 31, 2014

Mineral Industries Disclosures Related Pary [Abstract]

Schedule of Advanced Royalty Payments - Klondike North Property

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			500,000
First Anniversary of the Agreement		10,000			-
Second Anniversary of the Agreement		20,000	*		-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth through the tenth Anniversary		50,000			-
Eleventh Anniversary and thereafter		100,000			-

Schedule of Work Commitment - Klondike North Property

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

Schedule of Advanced Royalty Payment Divide Property

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	-			100,000
First Anniversary of the Agreement		10,000	*		-
Second Anniversary of the Agreement		20,000			-
Third Anniversary of the Agreement		30,000			-
Fourth Anniversary of the Agreement		40,000			-
Fifth Anniversary and thereafter		50,000			-

Schedule of Work Commitment - Divide Property

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		25,000
Third Lease Year		50,000
Fourth Lease Year		75,000
Fifth Lease Year and thereafter		100,000

Schedule of Advanced Royalty Payments on Eagleville Property

Date	Payment Amount			Common Shares
Upon execution of Agreement	$	6,000			300,000
On or prior to the 1st Anniversary of the Agreement		15,000	*		150,000
On or prior to the 2nd Anniversary of the Agreement		20,000			150,000
On or prior to the 3rd Anniversary of the Agreement		30,000			-
On or prior to the 4th Anniversary of the Agreement		40,000			-
On or prior to the 5th through the 10th Anniversary		50,000			-
On or prior to the 11th Anniversary and thereafter		100,000			-

Schedule of Work Commitment on Eagleville Property

Lease Year	Amount
First Lease Year	$	5,000
Second Lease Year		10,000
Third Lease Year		25,000
Fourth Lease Year		50,000
Fifth Lease Year and thereafter		100,000

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4. EARNINGS PER SHARE (Details)	3 Months Ended
	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,129,167
Class of Warrant or Right, Outstanding	3,591,667	2,925,000	1,600,000

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) (USD $)	1 Months Ended		2 Months Ended	3 Months Ended		4 Months Ended	9 Months Ended		11 Months Ended	12 Months Ended	86 Months Ended
	Nov. 30, 2013	Mar. 31, 2012	Dec. 31, 2011	Mar. 31, 2014	Sep. 30, 2013	Jun. 30, 2012	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2013	Jun. 30, 2013	Mar. 31, 2014	Mar. 30, 2014	Oct. 31, 2013	Jun. 29, 2013
Mineral Industries Disclosures Related Pary [Abstract]
Equity Method Investment, Ownership Percentage				9.60%			9.60%				9.60%
Lode-Mining Claims		10	12						58
Stock Issued During Period, Shares, Acquisitions	200,000		500,000	100,000	100,000	100,000	200,000		300,000	50,000
Share Price	$ 0.10		$ 0.02	$ 0.10	$ 0.10	$ 0.02	$ 0.10		$ 0.10	$ 0.10	$ 0.10	$ 0.10	$ 0.10	$ 0.10
Stock Issued During Period, Value, Acquisitions	$ 20,000		$ 10,000		$ 10,000	$ 2,000	$ 30,000	$ 35,000	$ 30,000	$ 5,000	$ 77,000
Sale of Stock, Price Per Share				$ 0.15			$ 0.15				$ 0.15

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Advanced Royalty Payments (USD $)	3 Months Ended
	Mar. 31, 2014
Advanced Royalty Payments [Abstract]00
Upon execution of Agreement	$ 6,000
Upon execution of Agreement (in Shares)	300,000
On or prior to the 1st Anniversary of the Agreement	15,000
On or prior to the 1st Anniversary of the Agreement (in Shares)	150,000
On or prior to the 2nd Anniversary of the Agreement	20,000
On or prior to the 2nd Anniversary of the Agreement (in Shares)	150,000
On or prior to the 3rd Anniversary of the Agreement	30,000
On or prior to the 4th Anniversary of the Agreement	40,000
On or prior to the 5th through the 10th Anniversary	50,000
On or prior to the 11th Anniversary and thereafter	$ 100,000

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Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		12 Months Ended	86 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2013	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$ (161,645)	$ (84,801)		$ (385,745)
Adjustments to reconcile net (loss) to net cash used in operating activities :
Shares issued as compensation	50,000			96,500
Changes in operating assets and liabilities:
Accounts receivable	(20,000)			(20,000)
Prepaid insurance	(1,297)			(1,297)
Accounts payable and deposits	27,310	(3,166)		29,164
Cash used in operating activities	(105,632)	(87,967)		(281,378)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of mineral properties	(25,000)	(21,000)		(46,000)
Cash used in investing activities	(25,000)	(21,000)		(46,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of common stock	404,000	132,500		734,500
Share issuance cost	(31,677)	(23,075)		(82,202)
Cash provided by financing activities	372,323	109,425		652,298
Increase in cash and cash equivalents	241,691	458		324,920
Cash, beginning of period	83,229	121,410	121,410
Cash, end of period	324,920	121,868	83,229	324,920
Common stock issued for mineral property acquisitions	$ 30,000	$ 35,000	$ 5,000	$ 77,000

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5. CENTRAL NEVADA EXPLORATION ALLIANCE

9 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Collaborative Arrangement Disclosure [Text Block]

5.   CENTRAL NEVADA EXPLORATION ALLIANCE

In the first quarter of 2014, the Company completed a private placement and signed a letter of intent to enter into an exploration alliance with Coeur Mining Inc. ("Coeur").  Coeur purchased 1,333,333 units at $0.15 per unit, for a total of $200,000.  Each unit consists of one common share and a warrant.  Two warrants plus $0.30 allow Coeur to purchase one common share.  The warrants expire in March 2017.  The letter of intent calls for Coeur to fund a central Nevada exploration program for a 3-year period. Coeur will pay certain consulting and field-related exploration costs associated with the exploration program, along with an administrative fee equal to 10 percent of actual expenditures. Coeur has an earn-in option to acquire interests in certain precious metals properties staked by the Company, provided Coeur funds certain development related-expenditures and meets certain milestones for preparing technical reports and economic analyses pertaining to the applicable properties.  For the period ending March 31, 2014, the Company invoiced Coeur for actual exploration costs and administrative fees of $7,841, plus a $12,158 advance on future exploration costs. 

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7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Under Review) (Details) - Work Commitment (USD $)	Mar. 31, 2014
Work Commitment [Abstract]00
First Lease Year	$ 5,000
Second Lease Year	25,000
Third Lease Year	50,000
Fourth Lease Year	75,000
Fifth Lease Year and thereafter	$ 100,000

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6. STOCKHOLDERS' EQUITY, COMMON STOCK AND WARRANTS (Details) - Summation of Issued and Outstanding Warrants (USD $)	9 Months Ended
	Mar. 31, 2014	Mar. 31, 3014	Jun. 30, 2013	Jun. 30, 2012
Summation of Issued and Outstanding Warrants [Abstract]
Equivalent Common Shares	1,462,500		666,667	662,500
Exercise Price		$ 0.25
Expiration Date	Mar. 01, 2015