U.S. Antimony Reports Record Production and Expansion

THOMPSON FALLS, Mont.--()--United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported record antimony and zeolite production for November 2015 and expansion plans as follows:

“The record antimony and zeolite sales and expansion plans are designed to increase revenue and insulate USAC from the depressed commodity market. In addition, USAC has no bank debt other than minor equipment purchases and is internally funding the startup of gold and silver production from Los Juarez.”

ANTIMONY PRODUCTION

The production of antimony as metal and oxide during October and November of 2015 was 472,756 pounds compared to 425,351 pounds for the entire 4th quarter of 2014.

AUSTRALIAN SUPPLY OF ANTIMONY AND GOLD

At the end of November, there were 6 full containers of Australian concentrates in inventory at Madero and 24 in transit from Australia scheduled to deliver before the end of 2015. In total, this represents 600 metric tons of concentrate with approximately 677,000 pounds of antimony and 420 ounces of gold. Additionally at Madero there is another 630 ounces of unprocessed gold in inventory. At the Madero smelter in Coahuila, Mexico, the large furnace (“LRF”) is being fed concentrates and has freed up 15 smaller furnaces (“SRFs”) to process USAC smelter feed and gold. Four truckloads of finished metal have been shipped directly to customers in the United States. Currently, the plant is processing approximately 170 metric tons per month.

LOS JUAREZ GOLD AND SILVER PLANT.

The infrastructure for a gold and silver recovery circuit at Madero is being installed to process Los Juarez concentrates. A permit for a cyanide leach circuit at the flotation mill at Puerto Blanco in Guanajuato to recover gold and silver from the flotation tailings could be approved by the end of Q1, 2016.

ANTIMONY TRI-SULFIDE.

The high-grade Guadalupe antimony tri-sulfide (stibnite) concentrates will be used to make the U.S. Military (“Mil”) specification tri-sulfide containing 70.5% antimony. USAC can use the facility at Thompson Falls to produce the product and has tested the plant on foreign raw materials that were shipped for commercial use. The product is used to make primers for ordnance sought by the U.S. Department of Defense and other countries. The market for tri-sulfide antimony is expected to be approximately double the price of that being sold as oxide and metal. Currently the only source of the product is China. The Company is also exploring a market for a 68% antimony tri-sulfide product for brake linings.

ZEOLITE.

Bear River Zeolite has sold 3,692 tons of zeolite for a total of $708,881 during October and November of 2015 compared to a total of 3,063 tons sold for $559,157 for the entire quarter of 2014. The new sales have come from a variety of applications. The mine is benefiting from good prices and increased production rates.

USAC is a fully integrated producer of a large number of diversified products for major U.S. and foreign Companies.

CEO John Lawrence said that “The record antimony and zeolite sales and expansion plans are designed to increase revenue and insulate USAC from the depressed commodity market. In addition, USAC has no bank debt other than minor equipment purchases and is internally funding the startup of gold and silver production from Los Juarez.”

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.

Contacts

United States Antimony Corporation
John Lawrence, 406-827-3523