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THOMPSON FALLS, Mont.–()–United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) estimated that Mexican production of contained antimony metal for 2013 will be 663,559 pounds compared to 372,046 for 2012, an increase of 78%. Overall sales for 2013 are estimated at 1,621,990 pounds of contained antimony metal compared to 1,423,279 for 2012, an increase of 14%.



“USAC remains in a sold out condition with industrial and military consumers anxious to find an alternative supply of antimony other than China.”


The increase in Mexican production has just begun from five operating properties. One of the mines that ships mineral directly to the USAC smelter just came on stream during Q3. Another property that supplies mill feed to the USAC flotation mill just received its explosive license and is now providing freshly mined underground rock rather than dump rock. Metallurgical equipment for the smelter has just arrived in Mexico to enable the Company to process antimony, silver, and gold from the Los Juarez property. The Mexican smelter at Madero is running at 100% of capacity, and a permit is being prepared to triple its throughput. Natural gas should be hooked up early in January 2014 at the smelter to reduce fuel costs by approximately 70%.


John Lawrence, Chief Executive Officer, commented, “USAC remains in a sold out condition with industrial and military consumers anxious to find an alternative supply of antimony other than China.”


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.



Contacts


United States Antimony Corporation
John Lawrence, 406-827-3523
[email protected]

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.