- The Puerto Blanco mill for the Los Juarez gold, silver, and antimony deposit could be ready for cyanide leach testing by the end of December
- Initial Grant payments from the Defense Logistics Agency have been received for the production of samples to be tested by the U.S. Army for use in primers for center-fired ordnance
THOMPSON FALLS, MT / ACCESSWIRE / December 2, 2019 / United States Antimony Corporation ("USAC")(NYSE American:UAMY) reported that hydraulic, mechanical, and electrical testing of the Puerto Blanco mill in Guanajuato has been successfully completed. The laboratory is nearing completion, and reagents are being ordered to start the leach testing of gold and silver. John Gustavsen from Montana and Heriberto Torres are heading up the pilot project.
Puerto Blanco Mill in Guanajuato, Mexico. The square pond on the left is the leach pond. The pond to the right is the flotation pond. Each pond is approximately 5 acres. The crusher, flotation mill, and leach plant are at the lower right of the flotation pond. USAC owns land to the lower right of the facility for future expansion.
USAC is currently testing sulfide antimony ore from Mexico for impurities and flotation recovery, preparing the flotation mill at Guanajuato which will also be used for milling the ore, and preparing furnace equipment in Montana to produce block antimony trisulfide for testing by the U.S. Army at Picatinny, New Jersey.
Estimated sales during November 2019 are as follows:
BRZ zeolite tons
The average Rotterdam price for antimony metal during November 2019 was $6,212.794 per metric ton or $2.818 per pound.
CEO John Lawrence said "Leach testing could be ready at Puerto Blanco by the end of December 2019, and it will also involve the processing of flotation concentrates at Madero. Typical shake down changes, transportation logistics, and a review of costs per ton of ore processed are anticipated. "
About U.S. Antimony
US 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.
US Antimony Corp.
PO Box 643 47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
406-827-3523, FAX: 406-827-3543
SOURCE: United States Antimony Corporation