NEWSROOM 2016

12/05/16  USAC reports Los Juarez production testing
11/11/16  USAC announces investor call
11/07/16  USAC reports expanded zeolite sales program
10/03/16  USAC reports progress
09/06/16  USAC reports progress
08/01/16  USAC
reported the following sales estimates for July 2016
07/06/16  USAC reports strong zeolite sales
06/06/16  USAC reports major zeolite plant expansion
05/12/16
 USAC announces investor call
05/02/16  USAC reports antimony price increase and large zeolite order

04/04/16  USAC reports production and Los Juarez testing
03/24/16  USAC announces investor call
03/07/16  USAC reports Los Juarez mill testing in progress
02/01/16  USAC
reported plans to start its Los Juarez gold-silver-antimony property in
                    Queretaro, Mexico

01/04/16  USAC reports record zeolite and antimony sales

 

 

2016 USAC Brochure (.pdf)

 

Forward Looking Statements:

These Press Releases contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations, pending contracts and future revenues. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-KSB with the Securities and Exchange Commission.

USAC reports Los Juarez production testing  

print this newsletter

U. S. ANTIMONY REPORTS LOS JUAREZ PRODUCTION TESTING

December 5, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported that production testing of the Los Juarez circuits has begun.

The alkaline leach plant in Mexico has been installed, tested, and recoveries are now being verified. Approximately 19.8 metric tons of concentrates from previous milling will be processed during December and the beginning of 2017.  Answers to questions from our original application for the cyanide permit to leach the mill tailings have been submitted to SEMARNAT, and the permit is being vigorously pursued. Previously mined mill feed from a 19,000 metric ton stockpile at the Los Juarez property will be hauled to the mill in Guanajuato. The flotation mill will be started during Q1 2017.  Mining at greater depths in the pits and in close proximity will commence. USAC will continue operating while the cyanide circuit is added in stages using internally generated cash flows.

The objectives of the production testing are as follows:

  1. To further verify costs, grades, and recoveries of the circuit.
  2. To determine whether rock at greater depth is less oxidized and will yield better recoveries than near surface rock.
  3. To further study the recovery of gold. Mill recoveries of gold have varied from 30% to more than 90%.
  4. To further open up the deposit and perform more drilling.
  5. Cautious production testing will minimize the risk of encountering a fatal flaw.
  6. To determine whether the cyanide leach plant is necessary. Two options are considered. Option 1 is using the floatation mill and the alkaline leach circuit. Option 2 will be the flotation mill, alkaline leach circuit, and the cyanide leach plant for the mill tailings.

 

Metal

Assay

Option1  recovery

Option2 recovery
 

Price

Option1 Value

Option 2 Value

Gold

0.044 opmt

50%

90%

$1,175/oz

$25.85

$46.53

Silver

3.0 opmt

70%

90%

$16.60/oz

$34.86

$44.98

Antimony

0.71%

70%

70%

$3.40/lb

$37.25

$37.25

Total

 

 

 

 

$97.96

$128.76

(opmt = ounces per metric ton)

USAC does not claim any reserves at the Los Juarez deposit in accordance with S. E. C. definitions or per Canadian Institute 43-101.

The Australian concentrates will be finished by the end of December, but the processing of the slag for gold will continue into 2017. Presently, USAC is ramping up production at the Wadley and Soyatal properties in Mexico.

The new BRZ sales representatives have five new truckload customers, and two of them have ordered their second truckload. Most of the new customers are in the dairy business and BRZ is now expanding its focus to poultry and hog producers.

Following are the sales estimates for November 2016:

Product

November 2016 

Antimony pounds

240,692

BRZ zeolite tons

1,115

Gold from Australia ounces

90

During November, the average Rotterdam price per metric ton of antimony metal was $7,550.00 ($3.42 per pound); during October it was $7,740.00 ($3.51 per pound) a decrease of $0.09 per pound.

 CEO John Lawrence said that “we are excited to begin initial pilot production from the Los Juarez deposit and will determine optimum operating conditions from trials throughout 2017.”    

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

...........................

print this newsletter

U. S. ANTIMONY ANNOUNCES INVESTOR CALL

November 11, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) will host an investor call
at 4:00 P. M. EDT on Monday November 14, 2016 to review the third quarter 2016 10Q.

Conference Title:  United States Antimony Corp.
Conference ID:  5815679

Dial In Information
Toll free: 1-877-723-9519
International:  1-719-325-4767

Remote Replay available for 7 days:
Conference ID/Passcode:  5815679
Toll free:  1-888-203-1112
International:  1-719-457-0820

...........................

 

print this newsletter

U. S. ANTIMONY REPORTS EXPANDED ZEOLITE SALES PROGRAM

November 7, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported that it has embarked on a sales program of BRZ zeolite with field representatives.

Sue Mahaney  has joined the BRZ staff as the Director of Research and Development. She has more than 20 years experience and resides in Lancaster, Wisconsin and will be updating our website for BRZ and preparing more sales brochures. Bill Buchman and Debbie Stelma head up High Sierra Bio Distributing, Inc. (HSBD, Inc.). HSBD personnel travel throughout the United States and are familiar with the major feed mills and dairy farms. The dairy industry is the immediate focus, but poultry, hogs, composting, odor control, and soil amendments are also being targeted. The new BRZ representatives have already received orders from several new truckload customers. More than 36% of BRZ sales are agricultural that include animal feed, composting, soil amendments, and odor control. More than 27 percent of the sales are currently made in Canada.

Following are the sales estimates for October 2016:

Product

October 2016 

Antimony pounds

274,514

BRZ zeolite tons

829

Gold from Australia ounces

59

During October, the average Rotterdam price per metric ton of antimony metal was $7,740.00 ($3.51 per pound); during September it was $7,615.00 ($3.45 per pound) an increase of $0.06 per pound by the end of October.

Testing of the Los Juarez caustic leach circuit in Coahuila that is designed to recover contaminants from the floatation concentrates has proven successful and is ready for Los Juarez concentrates when the cyanide leach circuit has been approved at Puerto Blanco, Guanajuato. The diagrams and answers to questions from SEMARNAT (the Mexican equivalent of the EPA) will be submitted on November 11, 2016. SEMARNAT is expected to review the answers and respond by the end of November.          

CEO John Lawrence said that “field representatives selling BRZ zeolite is the most cost effective way of increasing revenues and profits for the Company. It will involve little capex and time to implement. Rising antimony prices and the transition of Mexican production to more profitable USAC mine sources will help to bring the Los Juarez property on stream and start a deeper exploration drilling program into 2017.     

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

 .......................

print this newsletter

 

 

U. S. ANTIMONY REPORTS PROGRESS

 

October 3, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales estimates for the third quarter of 2016:

 

Product

Q3 2016 

Q3 2015

Antimony pounds

697,544

675,031

BRZ zeolite tons

3,400

3,528

Gold from Australia ounces

193.69

0

Gold from North America ounces

31.93

26.5

Silver from North America ounces

11,971

7,268

 

During the third quarter of 2016, the Rotterdam price per metric ton of antimony metal increased from $6,750.00 ($3.06 per pound) to $7,750.00 ($3.5153 per pound) by the end of the quarter, an increase of $1,000.00 per ton ($0.4536 per pound).

 

Currently, production from both the Wadley and Soyatal property is being ramped up to replace Australian concentrates by the end of 2016. The Guadalupe property will be put back on stream, and it will provide a high-grade concentrate suitable for the higher-rate production in the LRF furnace at Madero. The margin on production from the USAC properties should be greater than Australian concentrates. USAC claims no reserves in these properties by S.E.C. definitions.        .

 The environmental permit for the cyanide leach plant at the Puerto Blanco mill site in Guanajuato, Mexico has been reviewed by SEMARNAT (the Mexican equivalent of the EPA), and they have responded with various questions. We anticipate answering the inquiries in October. SEMARNAT is expected to review the answers and respond within 30 days.          

 

The Los Juarez caustic leach circuit in Coahuila is designed to recover contaminants from the flotation concentrates, and pilot-scale production is expected during Q4 2016. Depending on the approval of SEMARNAT permitting of the cyanide leach plant at Puerto Blanco and the installation of equipment, testing of the Los Juarez circuit could start in Q1 2017.

 

Two new BRZ representatives are beginning to take orders. They will be covering the agricultural markets in the United States. BRZ will be represented at the World Dairy Expo in Madison, Wisconsin from October 3-8, 2016. The dairy market represents a growing market for BRZ.   

 

CEO John Lawrence said “rising antimony prices and the possibility of new orders for BRZ will help to bring the Los Juarez property on stream and start a deeper exploration drilling program into 2017.     

 

About U.S. Antimony

 

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

...................                                                                                          back to top

print this newsletter

U. S. ANTIMONY REPORTS PROGRESS

September 6, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales estimates for August 2016: 

Product

August  

Antimony pounds

245,785

BRZ zeolite tons

1,120

Gold from Australia ounces

61.663

During the month of August, the Rotterdam price per metric of antimony firmed from $6,950.00 ($3.15 per pound) to $7200 ($3.265 per pound) by the end of the month, an increase of $250.00 per ton ($0.113 per pound).

Antimony sales during August were up from July (173,498 pounds) due to greater raw material supply.  Australian antimony concentrates will be finished by the end of 2016, but gold production will continue into 2017. Our Mexican mine production is being ramped up to provide smelter feed to Madero to replace the australian production.  Australian gold production was off during August due to a lack of refractory supplies from India.

The environmental permit for the cyanide leach plant at the Puerto Blanco mill site in Guanajuato, Mexico is being reviewed by SEMARNAT (the Mexican equivalent of the EPA), and the initial response is expected by the middle of September. When SEMARNAT issues the permit the mill will recover gold and silver from the tailings of the flotation mill. Recovered values per ton of open pit   mine feed are expected to be in the $145.00 to $155.00 range. USAC does not claim any reserves by S.E.C. definition.

The Los Juarez leach circuit at the Madero smelter designed to recover gold and silver from the flotation concentrates has been completed, and test work will begin this month. The Company has an inventory of Los Juarez concentrates at Madero from the flotation tests.

A new BRZ salesman and his staff have been retained, primarily for animal feed sales, the largest market for BRZ.  

CEO John Lawrence said “the testing of the Madero leach plant and the imminent permit for the leach plant at Puerto Blanco brings the company closer to becoming a significant precious metal producer.”

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony.

 

...................                                                                                          back to top

U. S. ANTIMONY ANNOUNCES INVESTOR CALL

August 11, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) will host an investor call
at 4:00 P. M. EDT on Monday August 15, 2016 to review the second quarter 2016 10Q.

Conference Title:  United States Antimony Corp.

Conference ID:  5598285

Dial In Information:

Toll free: 1-888-329-8893

International:  1-719-457-1512

 

Remote Replay available for 7 days:

Conference ID/Passcode:  5598285

Toll free:  1-888-203-1112

International:  1-719-457-0820

...................                                                                                          back to top

print this newsletter

U. S. ANTIMONY REPORTS PRODUCTION

August 1, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales estimates for July 2016

Product

July  

Antimony pounds

173,498

BRZ zeolite tons

1,192

Gold from Australia ounces

76.6

During the month of July, the Rotterdam price per metric for antimony firmed from  $6,575.00 ($2.98 per pound) to $6,950.00 ($3.15 per pound) by the end of the month, an increase of $375.00 per ton ($0.17 per pound). Mexican mine production is being ramped up to provide more smelter feed to Madero.

The Environmental Permit for the cyanide leach plant at the Puerto Blanco mill site in Guanajuato, Mexico is being reviewed by SEMARNAT (the Mexican equivalent of the EPA.). When SEMARNAT issues the permit the mill will recover gold and silver from the tailings of the flotation mill. An additional mill test was conducted on approximately 50 metric tons as follows:

Date

Heads

Tails

% Flotation recovery

 

Au opt

Ag opt

Sb%

Au opt

Ag opt

Sb%

Au

Ag

Sb

4/21/2016

0.03

2.88

0.57

0.016

0.926

0.3

0.467

0.678

0.451

4/21/2016

0.033

5.13

1.08

0.02

1.4

0

0.394

0.727

0.968

4/21/2016

0.102

2.74

0.59

0.017

1.1

0.4

0.833

0.599

0.391

5/6/2016

0.024

3.53

0.69

0.016

1.1

0.3

0.333

0.688

0.519

6/5/2016

0.033

3.1

0.61

0.015

1.28

0.4

0.545

0.587

0.357

 

0.0444

3.476

0.71

0.084

1.161

0.3

0.515

0.666

0.596

Based on these mill tests from the Reynaldo pit at Los Juarez and the introduction of a cyanide circuit, estimated overall recoveries are as follows:

Metal

Feed grade

Estimated  Recovery

Values

Value/ metric ton

Antimony

0.710%

75%

$3.13/pd.

$36.74

Gold

0.0444 opt

95%

$1,300/oz

$54.83

Silver

3.476 opt

90%

$19.50/oz

$64.39

Total

 

 

 

$155.96

CEO John Lawrence said “the increase in the prices of antimony, gold, and silver since the first of the year are up 35.3%, 24.4%, and 41.6% respectively. The estimated recovered value of $155.96 per metric ton from the Los Juarez bulk mineable open pit is regarded as excellent. The Company should have a reply from SEMARNAT on the permit within the next 5-6 weeks.”

...................                                                                                                        back to top

print this newsletter

U. S. ANTIMONY REPORTS STRONG ZEOLITE SALES

July 5, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported strong production at the Bear River Zeolite mine which increased from 3,072 tons in Q1:16 to 4,236 tons in Q2:16, an increase of 36.8%. Growth can be attributed to the new production line for granules and fines and increased sales.

Following are the sales estimates for June:

Product

June  2016

Antimony pounds

290,541

BRZ zeolite tons

1,549

Gold from Australia ounces

83

Gold from North America ounces

21.59

Silver from North America ounces

8,222

Antimony production was slightly lower due to the startup of the recovery of gold from Australian concentrates. During the month of June, the Rotterdam price for antimony firmed from $6,150.00 per metric ton ($2.79 per pound) to $6,750.00 ($3.06 per pound) by the end of the month, an increase of $600.00 per ton ($0.27 per pound). The price is now approximately $3.15 per pound in the United States.

The Environmental Permit (‘MIA” the equivalent of an Environmental Impact Study) and a “Risk Analysis” for the cyanide leach plant at the Puerto Blanco mill site in Guanajuato, Mexico was filed with SEMARNAT (the Mexican equivalent of the EPA.). The plant will recover gold and silver from the tailings of the flotation mill. Based on the latest mill test of 140 metric tons from the Reynaldo pit at Los Juarez anticipated overall recoveries using the cyanide circuit are as follows:

Metal

Feed grade

Anticipated  Recovery

Values

Value/ metric ton

Antimony

0.410%

75%

$3.15/pd.

$21.35

Gold

0.059 opt

95%

$1,300/oz

$72.87

Silver

2.56 opt

90%

$17.50/oz

$40.32

Total

 

 

 

$134.54

CEO John Lawrence said “the Los Juarez permitting is in the hands of SEMARNAT, and they should respond within 60 working days. The sourcing of equipment is now underway for the cyanide leach plant. Following the permitting, the plant will be installed and very cautious testing will begin to confirm the metallurgy, engineering, and the training of personnel.  The increase in the price of antimony and volume of zeolite sales should help fund the Los Juarez leach plant to expand silver and gold production.”

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

...................                                                                                                        back to top

print this newsletter

U. S. ANTIMONY REPORTS MAJOR ZEOLITE PLANT EXPANSION

June 6, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales for May:

Product

May  2016

Antimony pounds

242,489

BRZ zeolite tons

1,538

Gold from Australia ounces

54.573

At the present time, Bear River Zeolite (BRZ), a wholly owned subsidiary of USAC, has current orders for 1,992 tons, of which 822 tons are in progress. BRZ has added another production line to the plant. The new production line should double the production of granular products and fines. Now there are two granular production lines and a third line with a grinding mill that produces very fine products. The demand for all products has increased and the Company is now producing for a large order for water remediation.

The Rotterdam price for antimony metal has remained firm and was quoted at $2.79 per pound on June 1. The increase in prices will begin to impact USAC sales by this month. The production of antimony for May was significantly more than the sales.

Additional equipment has been installed to increase the gold production from Australian concentrates. These additions will facilitate the silver and gold from Los Juarez production in the future. Permits for Los Juarez have been prepared and are expected to be filed in June. Semarnat (Mexican equivalent of the EPA) will have 60 days to respond to them. A significant silver and gold shipment will be made this month from North American sources.

CEO John Lawrence said “the increase in the price of antimony is coming at a time when zeolite sales are surging and the increase in income should help to fund the Los Juarez leach plant to expand silver and gold production.”

About U.S. Antimony

 

US Antimony is a growing, vertically- integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

...................                                                                                                        back to top

U. S. ANTIMONY ANNOUNCES INVESTOR CALL

May 13, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) will host an investor call
at 4:00 P. M. EDT on Monday May 16, 2016 to review the first quarter 2016 10Q.

Conference Title:  United States Antimony Corp.
Conference ID:  6014141

Dial In Information:
Toll free: 1-888-452-4023
International:  1-719-457-2727

Remote Replay available for 7 days:
Conference ID/Passcode:  6014141
Toll free:  1-888-203-1112
International:  1-719-457-0820

...................                                                                                                        back to top

 

print this newsletter

U. S. ANTIMONY REPORTS ANTIMONY PRICE INCREASE AND LARGE ZEOLITE ORDER

May 2, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales for April:

Product

April 2016

Antimony pounds

221,145

BRZ zeolite tons

1,253

Gold from Australia ounces

60.109

Production of antimony during April was actually 349,224 pounds that had been sold but 128,079 had not been delivered.  Zeolite sales were good despite bad weather conditions. Additionally, BRZ, a wholly owned subsidiary of USAC, has received a new order for 1,400 tons of zeolite for the mining industry. The shipment of this order could be as fast as 160 tons per week.

USAC reported that the Rotterdam price for antimony metal has increased from $2.449 per pound on April 1 to $2.834 on April 25, a 15.7% increase. The Rotterdam pricing is fundamental to Europe where inventories are low. The increase in prices will begin to impact USAC sales by the end of May.

The two largest impediments to the profitability of USAC have been (1) the decline in the price of antimony from $8.11 per pound in April 2011 to $2.27 in January 2016, a 72% decrease, and (2) the “non production Mexican expenses” that have been included in the cost of antimony  production. These costs include the holding costs of mines and mills in Mexico that have been idle due to a lack of furnace capacity at Madero and the solving of the Los Juarez metallurgical problems. To solve this second problem, in April the processing of Wadley hand sorted ore and concentrates was begun at Madero. Additionally, the SEMARNAT (our equivalent of the EPA) Environmental Impact Statement and Risk Analysis Study will be filed in May to permit the installation of the cyanide leach plant at the Puerto Blanco mill in Guanajuato. The permit, when issued, will also start the significant production of gold and silver from the Los Juarez property.

CEO John Lawrence said “the increase in the price of antimony is what we have been waiting for and the processing of the Mexican ore inventory will supplement income to fund the Los Juarez leach plant. Additionally, new applications of zeolite remain exciting.”

About U.S. Antimony

US Antimony is a growing, vertically- integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 

...................                                                                                                        back to top

print this newsletter

U. S. ANTIMONY REPORTS PRODUCTION AND LOS JUAREZ  MILL TESTING

April 4, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported preliminary Q1 2016 production as follows:

Product

Q1 2016

Q1 2015

 Change

Antimony pounds

872,663

521,956

+ 67.2%

BRZ zeolite tons

3,072

3,032

+ 1.3%

Gold from Australia ounces

68.0

0

+100%

Gold North America ounces

37.24

20.08

+85.5%

Silver North America ounces

14,203.59

8,671.86

+63.8%

The Rotterdam price per metric ton for antimony metal has gone up $200.00 from $5,225.00 ($2.370 per pound) to $5,425.00 ($2.461 per pound) in the last three weeks. Hopefully this may mark the bottom of the market.

Zeolite production and sales have held steady due to heavy rain and snow at Preston, Idaho which delayed the production of multiple orders. However, production should increase in Q2 of 2016 and may include new orders for ammonium control in the mining industry.

Gold production from Australia has begun and the complex metallurgy has been solved, and the capacity of the plant has been increased.

The initial mill testing of 140 metric tons from the Reynaldo pit at Los Juarez was completed to determine the grade of non-selectively mined rock, the recoveries, and whether a cyanide leach circuit was necessary at the Puerto Blanco mill. The ball mill grind was increased to boost liberation of the sub-microscopic gold and silver. Samples were taken every 10 minutes of the heads and tails (feed and discharge of the mill) and combined for a two hour composite that represents 10 metric tons. The samples were submitted to American Analytical Services, an independent assay laboratory.  Following are the results:

Metal

Feed grade

Tailings grade

Recovered grade

% Recovery

Antimony

0.410%

0.325%

0.09%

20.57%

Gold

0.059 opt

0.038 opt

0.02 opt

31.52%

Silver

2.56 opt

0.93 opt

1.63 opt

61.32%

The recoveries are not acceptable. Previous flotation testing indicated higher recoveries of the antimony and silver in the 70-80% range. The lower recoveries from the Reynaldo pit were probably due to near-surface oxidation of the minerals. The flotation concentrate from this test was excellent and contained 59.2% antimony, 8.69 ounces per metric ton gold, and 481.9 ounces per metric ton silver, a gross value of $20,919.15 per ton.

Using gold at $1215 per ounce, silver at $15.00 per ounce, and antimony at $2.40 with a 70% recovery, the following values are anticipated per metric ton:

  Metal Value no leach circuit Estimated value with leach circuit
  Antimony $4.75 $15.19
  Gold $24.30 $71.69
  Silver $24.45 $38.40
  Total $53.50 $125.28

 Given the metallurgical results, the installation of the leach circuit is required to achieve economic production. Leach recoveries by independent laboratories have been excellent. Accordingly, the plan is as follows:

 Stage 1. Test the newly installed alkaline leach circuit at the Madero smelter to process flotation concentrates.

           Stage 2. Permitting is in process and construction of the leach plant at the Puerto Blanco mill will begin. USAC owns much of the necessary
                          equipment.

            Stage 3. Install the 450-500 ton per day mill at Puerto Blanco or closer to the mine to reduce trucking costs. 

USAC claims no reserves per SEC definitions, and the drilling does not comply with Canadian NI 43-101.

 

CEO John Lawrence said “A cyanide leach plant is necessary at the Puerto Blanco mill. Construction of the leach plant will be expedited once the permit have been granted.. The Company is approaching the project in a slow methodical manner to prevent any mistakes and then ramp up to a rate of 450-500 tons per day.”

About U.S. Antimony

 

US Antimony is a growing, vertically- integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony. 


Leach Plant 03/16/16


Leach Plant Stairs 03/16/16


Madero Leach 03/21/16

...................                                                                                                        back to top

print this newsletter

U. S. ANTIMONY ANNOUNCES INVESTOR CALL

 March 24, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) will host an investor call
at 4:00 P. M. EDT on Wednesday March 30, 2016 to review the 2015 10K.

Conference Title:  United States Antimony Corp.

Conference ID:  2401438

Dial In Information:

Toll free: 1-888-455-2260

International:  1-719-457-2727

 Remote Replay available for 7 days:

Conference ID/Passcode:  2401438

Toll free:  1-888-203-1112

International:  1-719-457-0820

...................                                                                                                        back to top

print this newsletter

U. S. ANTIMONY REPORTS LOS JUAREZ  MILL TESTING IN PROGRESS

March 7, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported mill testing of the Los Juarez property in Queretaro, Mexico is in progress to determine whether a cyanide leach circuit is necessary. If it is not required, then no further permitting is foreseen to commence pilot scale production.

The startup plan is to test every step of the operation on a pilot mill scale of up to100 tons per day.

            Stage 1. The installation of the alkaline leach circuit at the Madero smelter in Mexico to process flotation concentrates is nearing
                           completion.

            Stage 2. Milling campaigns of rock from different locations at Los Juarez are now underway to determine (1) whether selective mining
                          is possible, and  (2) to determine whether a cyanide circuit at the Puerto Blanco mill in Guanajuato is required.

            Stage 3. The installation of the cyanide leach plant at Puerto Blanco may not be necessary following stage 2.

            Stage 4. will include the installation of the 500 ton per day mill close to the mine to reduce trucking costs. 

Los Juarez is a gold-silver-antimony deposit consisting of pipes intruded into limestone from substantial depths that are exposed over 3.5 kilometers in length and up to1kilometer in width.  A shallow reconnaissance drilling program indicates a global average grade of 0.057 ounces (1.432 grams) gold, 2.43 ounces (75.24 grams) silver per metric ton, and 0.343% antimony. The gross value is $128.22 per ton based on gold at $1,250.00/oz, silver at $15.000/oz, and antimony at $2.45/lb. USAC claims no reserves per SEC definitions, and the drilling does not comply with Canadian NI 43-101.

A 63% increase in production from 2015 to 2016 was a result of the full time use of the LRF furnace. The production of antimony and BRZ zeolite are as follows:

Product

Antimony pounds sold

BRZ tons sold

January 2016

267,076

1,043

February 2016

305,630

905

Total 2016

572,432

1,948

January 2015

230,585

1,099

February 2015

118,945

923

Total 2015

349,530

2,024

Change from  2015 to 2016

+63.8%

-3.75%

CEO John Lawrence said “If a cyanide leach plant is not necessary at the Puerto Blanco mill, a tremendous savings in time and money could be realized for the startup of Los Juarez. Continued growth during 2016 is being funded internally to prevent the dilution of the shareholder base or taking on debt.”

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony.

...................                                                                                                        back to top

 

print this newsletter

U. S. ANTIMONY REPORTS PLANS TO START LOS JUAREZ

February 1, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported plans to start its Los Juarez gold-silver-antimony property in Queretaro, Mexico

LOS JUAREZ DEPOSIT

ECONOMIC GEOLOGY. Los Juarez is a gold-silver-antimony deposit hosted by jasperoid (siliceous) pipes intruded into limestone from substantial depths that are exposed over 3.5 kilometers in length and up to1kilometer in width. Los Juarez resembles gold deposits in the Carlin trend in Nevada in terms of mineralogy and structure.  A shallow reconnaissance drilling program was begun to delineate the higher grade zones for mining.  The global average grade based on these drill holes and rock chip samples is 0.057 ounces (1.432 grams) gold, 2.43 ounces (75.24 grams) silver per metric ton, and 0.343% antimony. The gross value is $116.16 per ton based on gold at $1,100.00/oz, silver at $14.000/oz, and antimony at $2.36/lb.  To date, less than 5% of the property has been drilled.   USAC claims no reserves per SEC definitions, and the drilling does not comply with Canadian NI 43-101.

Following are some of the higher grade drill hole intercepts:

Hole

Interval meters

Gold

opt

Gold

g/t

Silver

opt

Silver

g/t

Antimony

%

LJ8

1.5-3

0.268

8.33

6.17

191.89

0.280

LJ8

3-4.5

0.712

22.14

7.75

241.03

0.235

SJ23

0-1

0.010

0.31

10.5

326.6

1.19

SJ31

0-.8

<0.002

<0.06

14.5

451.0

0.853

SJ36

0-1

<0.002

<0.06

6.88

214.0

0.571

SJ38

0-1

<0.002

<0.06

4.02

125.0

0.445

SJ51

0-1.2

0.168

5.225

2.46

76.5

0.0930

SJ54

0-1

0.448

13.93

3.52

109.5

0.106

SJ54

1-2

0.186

5.785

2.41

74.95

0.0681

SJ54A

1-2

0.174

5.411

1.90

55.1

0.0856

SJ54B

0-1

0.812

25.253

2.06

64.1

0.9068

SJ54B

1-2

0.650

20.215

2.35

73.09

0.0800

SJ54C

0-1

0.276

8.639

0.844

26.25

0.1130

SJ54C

1-2

0.476

14.804

2.40

74.64

0.0985

SJ54D

0-1

0.236

7.340

0.706

21.96

0.0788

SJ54E

0-1

0.182

5.660

0.218

6.78

0.0415

SJ54G

0-1

0.326

10.139

0.438

13.62

0.107

SJ56

0-1

0.500

15.55

3.73

116.0

0.274

SJ56

1-2

0.436

13.560

3.89

120.98

0.256

SJ56A

1-2

0.110

3.421

3.78

117.6

0.0811

SJ56D

0-1

0.176

5.474

0.94

29.2

0.126

SJ56E

0-1

0.126

3.191

1.15

35.8

0.064

SJ56F

0-1

0.134

4.167

1.04

32.3

0.219

SJ57

0.1

0.124

3.856

2.17

67.49

0.082

SJ57

1-2

0.224

6.966

4.03

125.3

0.0616

SJ60

0-1.2

<0.002

<0.06

9.95

309.4

0.546

SJ70

0-1

0.530

16.483

1.44

44.78

0.549

SJ70

1-2

0.214

6.655

0.932

29.2

0.014

SJ72

0-.8

0.106

3.297

0.208

6.5

0.052

SJ74

0-1

0.334

10387

1.56

48.5

0.113

SJ77

0-1

0.180

5.598

3.6

90.3

0.0927

SJ77

1-2

1.30

40.43

7.29

226.7

0.0833

SJ78

0-.8

0.700

21.77

7.02

2118.3

0.112

SJ79

0-1.2

0.226

7.029

1.59

49.4

0.091

SJ80

0-1.2

1.20

37.32

7.65

237.9

0.152

SJ82

0-1.4

0.152

4.727

1.30

40.4

0.0701

Management is not sure whether these higher grade intercepts can be selectively mined. However, in 2013 USAC milled 3,556 metric tons of legacy dump rock that averaged 0.049 oz (1.52 g) gold, 6.11 oz (189 g) silver, and 0.78% antimony. At today’s prices, the rock had a gross value of $180.00 per ton.

METALLURGY. The complex metallurgy of the deposit has been a deterrent to two major Mexican mining companies to exploit the deposit.  USAC believes it has solved these problems.

ANTICIPATED COSTS. Utilizing the Puerto Blanco mill, the costs per ton of mined rock would include mining at $8.00, trucking $15.00, milling at $25.00, and concentrate smelting $15.00 – a total of $65.00. The addition of the cyanide plant would increase the cost $8.00 per ton of mine rock – a total of $73.00. The 500 ton per day mill placed close to the mine could reduce costs to $50.00 per ton.

STARTUP PLAN. This plan is designed to test every step of the operation on a pilot scale of up to 100 tons per day to prevent fatal engineering flaws.

Stage 1. is to complete the installation of the alkaline leach circuit at the Madero smelter that is currently underway. It will include the
processing of Los Juarez concentrates in inventory.

Stage 2. will include milling campaigns of rock from different mine locations at to determine (1) whether selective mining is possible and (2) to determine the recovery of the gold. Recovery of the silver and antimony has varied from 75-90%, but the gold recovery has varied from 30-80%.

Stage 3. will be the installation of the cyanide leach plant at Puerto Blanco to increase the recovery of the silver but especially the gold.

Stage 4. will include the installation of the 500 ton per day mill close to the mine to reduce trucking costs estimated at $15.00 per ton. 

ANTIMONY MARKET

The average price per pound for USAC’s antimony contained in oxide and metal has rose $0.05, and the demand for USAC antimony products remains strong. Currently USAC is exploring the possibility of selling the Guadalupe stibnite concentrates (antimony tri-sulfide) directly to the friction brake industry.

GOLD PRODUCTION

Gold is now being recovered from the Australian concentrates. When processing of the inventory has been completed, USAC may recover more than 1,000 ounces.  

BEAR RIVER ZEOLITE

During the month of January, Bear River zeolite has sold about 1,089             tons of zeolite, which will contribute to the completion of the Los Juarez gold-silver-antimony project.

CEO John Lawrence said “USAC is postured to start production of Los Juarez gold, silver and antimony and increase antimony and zeolite output. Continued growth during 2016 is being funded internally to prevent the dilution of the shareholder base.”

About U.S. Antimony

US Antimony is a growing, vertically- integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony.  Key operations currently generating revenues are located in Northwest Montana, Southern Idaho and Mexico.  The Company also owns the only significant antimony smelter in North America and is increasing its raw material supply of antimony from Mexico and third parties around the world.


Gold cupellation


Crucible for dore


Pouring dore


Dore


Casting

...................                                                                                                        back to top

U. S. ANTIMONY REPORTS RECORD ZEOLITE AND ANTIMONY SALES

January 4, 2016. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported that it has sold 5,377 tons of zeolite in Q4 of 2015 compared to 3,063 tons in Q4 of 2014, an increase of 75%. During 2015, the Company sold 15,235 tons of zeolite compared to 11,079 sold in 2014, an increase of 37%.

During Q4 of 2015, the Company sold 617,451 pounds of antimony compared to 425,351 pounds during Q4 of 2014, an increase of 45%. During 2015, the Company sold 2,487,321 pounds of antimony, compared to 1,727,804 sold in 2014, an increase of 44%. The Mexican Government (SAT) has released approximately $120,000 to USAC for taxes withheld by IMMEX, and USAC has also utilized more of that money for payroll taxes in Mexico.

On December 23, 2015, Hillgrove Mines Pty Ltd announced the closure of their mine at Amidale, New South Wales, Australia due to the 2015 declining price of antimony from $8,000 to $5,000 per metric ton (from $3.62 to $2.27 per pound). Hillgrove has placed the mine on care and maintenance pending improved antimony prices.  At the present time, USAC has a four to five month inventory of Hillgrove concentrates at Madero, Mexico. USAC will replace the Hillgrove concentrates with production from Wadley, Soyatal, and Guadalupe.

USAC personnel are working to meet the military specification for antimony tri-sulfide for use in all ordnance for the U. S. Department of Defense and for private use. The sale price of the antimony in this specialty product is significantly higher, at approximately double the sale price of antimony metal.

China controls more than 90% of the world supply of antimony. Some of the Chinese producers have completed their production for the year and will not start again until after the Chinese New Years in February 8, 2016, complaining that they have been selling $0.34 per pound below their cost.

A circuit to recover by-products from the Los Juarez concentrates is being installed at the Madero smelter. The Company expects to submit an application for a permit to recover by-products from the flotation tailings from Los Juarez in early January 2016. Approval of the permit is expected by the end of Q1 2016.

CEO John Lawrence said “Although we are disappointed with the price of antimony and suspension of Hillgrove’s production, this provides us the opportunity to transition back into smelting our own concentrates from Wadley, Soyotal, and Guadalupe.  This, combined with increased zeolite sales and possible production from Los Juarez in the first half of 2016, positions the Company for continued growth in the coming year.”

ABOUT U.S. ANTIMONY

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony.  Key operations currently generating revenues are located in Northwest Montana, Southern Idaho and Mexico.  The Company also owns the only significant antimony smelter in the United States and is increasing its raw material supply of antimony from Mexico and third parties around the world.
 


Pouring precious metal.


Precious metal leach plant.


Precious metal leach tank.


Precious metal furnace equipment.


Antimony tri-sulfide electric furnace.


Antimony tri-sulfide.


Antimony tri-sulfide.

 

...................                                                                                                        back to top


 

 

 

 Copyright © 2015 United States Antimony Corporation
 
Web design by
Beaver Creek Consultants