THOMPSON FALLS, MT / ACCESSWIRE / February 6, 2017 / United States Antimony Corporation ("USAC") (NYSE MKT: UAMY) reported
production estimates for 2016 and 2015 as follows:
Product
2016
2015
% change
Antimony pounds
2,936,880
2,487,321
+18.1
Gold ounces
604.75
89.12
+578.7
Silver ounces
38,123.46
30,420.75
+25.3
Zeolite tons
13,468
15,268
-11.8
Antimony production during 2016 increased 18.1% over that of 2015 due to the increased supply of raw materials. During the first
half of 2016, the Rotterdam price for metal hit a low of $2.40 per pound and by the end of the year it reached $3.52, an increase
of $1.12, or 46.7%, per pound.
During January 2017, some 90,000 pounds of antimony were shipped from two of our Mexican mines to the smelter at Madero for
processing into metal that will be sold to U.S. markets. This will provide a large savings in freight and processing costs compared
to processing in Montana. Mine production is being ramped up as quickly as possible from internal cash flow. USAC will realize the
full amount of antimony price increases by utilizing its own mines in Mexico.
The alkaline leach plant in Mexico to recover gold and silver from the flotation concentrates from the Los Juarez property has
been successfully tested. The flotation mill will be started during February 2017 to begin processing more Los Juarez feed to
verify grades and flotation recoveries before we accelerate production. SEMARNAT (the Mexican equivalent of the EPA) has said they
will have additional information on the cyanide leach circuit by the middle of March 2017. USAC does not claim any reserves in
these properties in accordance with SEC definitions or per Canadian National Institute 43-101.
Bear River Zeolite customers are being increased with our new sales team that are visiting potential customers from coast to
coast. They have focused on the dairy industry, but are now starting on the poultry, hog, and beef cattle industries.
CEO John Lawrence said, "Increasing antimony prices and the start of production from USAC properties in Mexico are expected to
increase antimony profitability. The start of Los Juarez production should identify USAC as an emerging precious metal
producer."
About U.S. Antimony
U.S. 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.
UNITED STATES ANTIMONY CORPORATION
47 Cox Gulch Rd. PO Box 643 Thompson Falls, Montana 59873-0643 406-827-3523 FAX: 406-827-3543 Email: tfl3543@blackfoot.net
SOURCE: United States Antimony Corporation
