SALES estimates for
sales estimates for the nine months
ending September 30, 2016 and 2017
||9 Months ending 09/30/16
9 Months ending 09/30/17
S. ANTIMONY ANNOUNCES INVESTOR CALL
November 9, 2017. Thompson Falls, Montana. United States Antimony Corporation
(“USA American “UAMY”)
will host an investor call at 4:15 P. M. EDT
on Tuesday, November 14, 2017 to review the 2017 third quarter 10Q.
Conference Title: United
States Antimony Corp.
Conference ID: 8732607
Dial In Information:
Toll free: 1-888-244-2417
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U. S. ANTIMONY REPORTS NINE MONTH RESULTS FOR 2017
6, 2017. Thompson Falls, Montana. United States Antimony Corporation (“USAC”,
NYSE American “UAMY”).
Sales were down at the end of
October 2017 due to a 30,592 pound truckload that had been produced but not
shipped. At the beginning of October 2017, theaverage Rotterdam price of Grade I
antimony metal per metric ton was $8,350($3.788 per pound), and by the end of
October, the price had decreased to$8,117.86 ($3.682 per pound) approximately
During September 2017 the sale of
zeolite at BRZ was 897 tons. During October 2017, the sale was 1,275 tons, an
increase of 42%. The new sales program is becoming effective.
The sales of antimony, silver and
gold were down due to the curtailment of the supply of concentrates from
Australia during 2017. During the nine months of 2017 USAC Mexican mines
produced 404,385 pounds of contained antimony.
Major cost reductions have been
made at the Wadley mine. By early 2018, the gravity mill at Wadley will be
started on lower grade ore that has accrued duringthe mining of direct shipping
ore (DSO) for the smelter. Powder magazines are being built to re-start
production of DSO and mill feed from the Soyatal district mines. In Zacatecas,
the Guadalupe Mines access road will be repaired and mining will be resumed at
the Santa Monica mine for DSO and mill feed. All the information requested for
the Los Juarez gold/silver/antimony mine has been given to SEMARNAT (Mexican
equivalent of the EPA) for the cyanide circuit permit at the Puerto Blanco mill.
The Company expects approval any day in the near future.
USAC is currently producing
antimony tri-sulfide with a new pilot furnace system. The product will be used
for primers in center fired ordnance.
CEO John Lawrence said “We are
excited about the ramp up of Mexican mine production from Wadley, Soyatal, and
Guadalupe; antimony tri-sulfide production, the forth coming permit for the
cyanide leach for the Los Juarez gold-silver-antimony deposit, and the increase
in BRZ zeolite sales. We continue to evaluate several financial and strategic
opportunities presented to the Company that could significantly enhance
production, cash flow, and profitability. The nature of these opportunities does
not involve dilution of any kind. We will keep you advised on these
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