United States Antimony Corporation UAMY reports increased
raw material supply, milling capacity and order increase.
The supply of antimony-bearing rock from properties near USAC's Mexican mill
and from its own Los Juarez antimony-silver-gold property has increased during
the quarter and now constitutes a stock pile estimated at 10,000 tons.
USAC expects to add a second shift at its Puerto Blanco mill in October 2012.
Construction of a separate circuit to process oxide antimony minerals is under
construction. The Company has approximately 2,000 tons of antimony oxide rock
grading up to 17% antimony stock piled at the mill. Sulfide antimony
concentrates produced at the Puerto Blanco mill from USAC's Los Juarez
property, the Zacetecas property, and Soyatal are shipped to the Mexican
smelter. USAC may install its 500 ton per day mill from Montana in Mexico in
2013. USAC was granted a permit to double its smelting capacity in Mexico.
USAC can produce more than 10,000,000 pounds of antimony oxide in Montana with
antimony metal.
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