THOMPSON FALLS, MT / ACCESSWIRE / November 7, 2016 / United States Antimony Corporation ("USAC", NYSE MKT: UAMY) reported that it has embarked on a sales program of BRZ zeolite with field representatives.
Sue Mahaney has joined the BRZ staff as the Director of Research and Development. She has more than 20 years experience and resides in Lancaster, Wisconsin and will be updating our website for BRZ and preparing more sales brochures. Bill Buchman and Debbie Stelma head up High Sierra Bio Distributing, Inc. (HSBD, Inc.). HSBD personnel travel throughout the United States and are familiar with the major feed mills and dairy farms. The dairy industry is the immediate focus, but poultry, hogs, composting, odor control, and soil amendments are also being targeted. The new BRZ representatives have already received orders from several new truckload customers. More than 36% of BRZ sales are agricultural that include animal feed, composting, soil amendments, and odor control. More than 27 percent of the sales are currently made in Canada.
Following are the sales estimates for October 2016:
BRZ zeolite tons
Gold from Australia ounces
During October, the average Rotterdam price per metric ton of antimony metal was $7,740.00 ($3.51 per pound); during September it was $7,615.00 ($3.45 per pound) an increase of $0.06 per pound by the end of October.
Testing of the Los Juarez caustic leach circuit in Coahuila that is designed to recover contaminants from the floatation concentrates has proven successful and is ready for Los Juarez concentrates when the cyanide leach circuit has been approved at Puerto Blanco, Guanajuato. The diagrams and answers to questions from SEMARNAT (the Mexican equivalent of the EPA) will be submitted on November 11, 2016. SEMARNAT is expected to review the answers and respond by the end of November.
CEO John Lawrence said that, "Field representatives selling BRZ zeolite is the most cost effective way of increasing revenues and profits for the Company. It will involve little capex and time to implement. Rising antimony prices and the transition of Mexican production to more profitable USAC mine sources will help to bring the Los Juarez property on stream and start a deeper exploration drilling program into 2017."
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.
UNITED STATES ANTIMONY CORPORATION
PO Box 643
47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
SOURCE: United States Antimony Corporation