U. S. ANTIMONY REPORTS PLANS
TO INCREASE MEXICAN MINE PRODUCTION
4, 2017. Thompson Falls, Montana. United States
Antimony Corporation (“USAC”, NYSE American “UAMY”)
reported plans to increase Mexican mine production
at three of its four mines in the next 30 days. USAC
production is in a “sold out condition” and
additional raw- material is needed for the USAC
smelter at Madero, Coahuila, Mexico.
Luis Potosi at the Wadley Mine, the gravity mill
will be started on lower grade ore that has accrued
during the mining of direct shipping ore (DSO) for
for the smelter. Typically this ore will make a
35-45% antimony concentrate that is also shipped to
Madero. This could increase production by 25-50% at
the Wadley mine. In Queretaro, the Soyatal District
mines are awaiting new powder magazines to start
production of DSO and mill feed for the mill at
Puerto Blanco. Grades similar to the Wadley are
expected. 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 for the
Puerto Blanco flotation and gravity mill circuits.
Queretaro, a fourth mine, the Los Juarez
gold/silver/antimony mine awaits a permit from
SEMARNAT (Mexican equivalent of the EPA) for the
cyanide circuit at the Puerto Blanco mill which is
in the final stages of approval.
BRZ zeolite plant in Idaho the capacity has been
increased significantly. New markets are being
pursued and sales should be increasing.
John Lawrence said “We are excited about the ramp up
of Mexican mine production which should increase
sales, reduce costs, and create better operating
margins before the end of the year.
view newsletter in
view in newsroom