THOMPSON FALLS, MT / ACCESSWIRE / October 3, 2016 / 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.
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.
Contact:
UNITED STATES ANTIMONY CORPORATION PO Box 643 47 Cox Gulch Rd. Thompson Falls, Montana 59873-0643 406-827-3523 FAX: 406-827-3543
E-Mail: tfl3543@blackfoot.net
SOURCE: United States Antimony Corporation
