United States Antimony provides update on Montana antimony mining

United States Antimony (UAMY) provided additional updated information on the Company’s Montana antimony mining activities. As of late last week, truck number 50 brought raw antimony ore down off the mountain at Stibnite Hill in Montana. To-date, approximately 800 tons of antimony ore has been removed from the mountain. With additional snow and freezing conditions predicted for this week, our project on Stibnite Hill will likely be shut down soon until Spring thaw. Specific material trucked down the mountain was selected on the basis of visual recognition of stibnite in the narrow flat dipping veins. The Company is awaiting assay results from samples collected by an independent geological consulting firm that was retained during the crushing operation at a contract flotation mill in Montana. These samples were subsequently submitted by the third-party consulting firm to an internationally qualified assayer. Based upon our initial observations in antimony recovery, it is anticipated that the flotation stage at the contact mill will produce concentrate that will meet minimum military specifications for antimony trisulfide used for primer ignitions. Presently, USAC is the only North American supplier of antimony trisulphide approved by the United States Defense Logistics Agency, for use in military primers. To put this amount of material moved down Stibnite Hill in perspective, antimony feedstocks through the Thompson Falls smelter for the first nine months of this fiscal year were 1,010 tons or an average of 112 tons per month. Approximately 48% of this input contained antimony, or a total of 491 tons. USAC has in less than 45 days, moved approximately 800 tons of material for processing.