September 11, 2017. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE American “UAMY”) reported the successful production of antimony tri-sulfide per military MIL-A-159D specification. The product is used in all center-fire cartridges for military and commercial production. Initial production was on a small scale, but additional equipment is being installed to enter the market. The product contains 70.5% antimony. At a Rotterdam price for metal at $3.833 per pound, the antimony in the tri-sulfide would be worth approximately $10.75 per pound. Additional markets include the friction brake industry.
SEMARNAT (Mexican equivalent of the EPA) is expected to approve the cyanide circuit at the Puerto Blanco mill for the Los Juarez gold/silver/antimony property within 30 days.