THOMPSON FALLS, MT / ACCESSWIRE / September 6, 2016 / 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.
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.
SOURCE: United States Antimony Corporation
