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UNITED STATES ANTIMONY CORPORATION
406-827-3523
PO Box 643
47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
FAX: 406-827-3543
E-Mail tfl3543@blackfoot.net
U. S. ANTIMONY REPORTS RECORD PRODUCTION
AND EXPANSION
December 7, 2015. Thompson Falls, Montana. United States Antimony
Corporation (“USAC”, NYSE MKT “UAMY”) reported record antimony and zeolite
production for November 2015 and expansion plans as follows:
ANTIMONY PRODUCTION
The production of antimony as metal and oxide during October and November of
2015 was 472,756 pounds compared to 425,351 pounds for the entire 4 th quarter
of 2014
AUSTRALIAN SUPPLY OF ANTIMONY AND GOLD
At the end of November, there were 6 full containers of Australian concentrates
in inventory at Madero and 24 in transit from Australia scheduled to deliver
before the end of 2015. In total, this represents 600 metric tons of concentrate
with approximately 677,000 pounds of antimony and 420 ounces of gold.
Additionally at Madero there is another 630 ounces of unprocessed gold in
inventory. At the Madero smelter in Coahuila, Mexico, the large furnace (“LRF”)
is being fed concentrates and has freed up 15 smaller furnaces (“SRFs”) to
process USAC smelter feed and gold. Four truckloads of finished metal have
been shipped directly to customers in the United States. Currently, the plant is
processing approximately 170 metric tons per month.
LOS JUAREZ GOLD AND SILVER PLANT.
The infrastructure for a gold and silver recovery circuit at Madero is being
installed to process Los Juarez concentrates. A permit for a cyanide leach circuit
at the flotation mill at Puerto Blanco in Guanajuato to recover gold and silver from
the flotation tailings could be approved by the end of Q1, 2016.
ANTIMONY TRI-SULFIDE.
The high- grade Guadalupe antimony tri-sulfide (stibnite) concentrates will be
used to make the U. S. Military (“Mil”) specification tri-sulfide containing 70.5%
antimony. USAC can use the facility at Thompson Falls to produce the product
and has tested the plant on foreign raw materials that were shipped for
commercial use. The product is used to make primers for ordnance sought by the
U. S. Department of Defense and other countries. The market for tri-sulfide
antimony is expected to be approximately double the price of that being sold as
oxide and metal. Currently the only source of the product is China. The
Company is also exploring a market for a 68% antimony tri- sulfide product for
brake linings.
ZEOLITE.
Bear River Zeolite has sold 3,692 tons of zeolite for a total of $708,881 during
October and November of 2015 compared to a total of 3,063 tons sold for
$559,157 for the entire quarter of 2014 The new sales have come from a variety
of applications. The mine is benefiting from good prices and increased production
rates
USAC is a fully integrated producer of a large number of diversified products for
major U. S. and foreign Companies
CEO John Lawrence said that “The record antimony and zeolite sales and
expansion plans are designed to increase revenue and insulate USAC from the
depressed commodity market. In addition, USAC has no bank debt other than
minor equipment purchases and is internally funding the start up of gold and
silver production from Los Juarez”
Forward Looking Statements:
This Press Release contains 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, ability to execute on its increased
production and installation schedules for planned capital expenditures and the size of forecasted deposits.
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.
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