United States Antimony reports first zeolite mineral reserve technical report

United States Antimony (UAMY) announced final completion of its first mineral reserve technical report on its zeolite deposit located in Preston, Idaho. The zeolite division is run under a wholly-owned subsidiary with the name of Bear River Zeolite Company. USAC originally acquired BRZ in June 2000. Shortly after acquisition, BRZ began construction of a processing plant on the property. Commercial mining of zeolite at the location commenced in 2001, 24 years ago, and has proven historically to be feasible year-round. The BRZ property is located in Franklin County Idaho, approximately seven miles east of Preston, Idaho and approximately 100 miles north of Salt Lake City, Utah. The BRZ zeolite project is situated on a combination of federal unpatented placer mining claims administered by the U.S. Bureau of Land Management and privately owned leased lands. The property comprises 50 contiguous unpatented federal placer claims, each representing approximately 20 acres, covering a total of approximately 994 acres. In addition, BRZ holds a long-term lease agreement with a private company representing family interests in the area. This lease covers approximately 320 acres of private land. Operations to-date have been conducted exclusively on the leased lands. After new management took over USAC several years ago, in June 2024, a drilling contractor was commissioned to conduct a drilling program using a percussion rock drill equipped with a hydraulically powered dust collection system. The rig drilled 82 vertical holes with a diameter of 3.5 inches, reaching a maximum depth of 84 feet each. Of these attempts, 80 holes were successfully completed, totaling 6,713 feet of drilling. The drill holes were spaced approximately 100 feet apart.