Monthly (September 2021) Operational Update from US Antimony Corporation
United States Antimony Corporation (NYSE:UAMY) provided an operational update for September 2021, highlighting significant production and safety achievements.
Key metrics include 3700 tons of zeolite mined and 82,275 lbs of crude antimony metal produced.
Safety records were commendable with zero lost time or serious injuries reported.
Operational upgrades were reported, including the successful installation of a new jaw crusher and enhanced production capabilities at its smelting facilities.
The company is exploring joint ventures for future growth, although results have been slower than anticipated.
- Zero lost time or serious injury accidents in September.
- Production of 82,275 lbs of crude antimony metal and 50 tons of antimony trioxide in September.
- Successful installation of a new primary jaw crusher at Bear River Zeolite.
- The new furnaces in Thompson Falls are operational and producing antimony trisulfide.
- Progress on joint venture discussions has been slower than expected.
THOMPSON FALLS, MT / ACCESSWIRE / October 20, 2021 / United States Antimony Corporation (NYSE:UAMY) Announces Monthly Operations Update for September 2021.
The Company is pleased to provide a monthly update of its operations to shareholders as management continues to be focused on operational improvements, R&D, and growth opportunities. Sales figures will be announced quarterly and separately when the Company files its 10Q for the period ending September 30, 2021.
Safety and Environmental
All Company operations reported zero lost time or serious injury accidents during the month of September.
There were zero environmental spills, discharges, or incidents during the month of September.
September Production
Bear River Zeolite ("BRZ"): Mined 3700 tons, Shipped 1052 tons
Madero Smelter: Crude antimony oxide production: 81,734 lbs, Crude antimony metal production: 82,275 lbs
Thompson Falls: Several test batches of antimony trisulfide were produced in the new furnaces. We produced and sold 50 tons of antimony trioxide in September.
Operations Upgrades
BRZ - The new primary jaw crusher (Installation completed on September 3) is performing well. Pit production continues utilizing drill and blast for primary production. Test ripping continues.
Madero -The Madero crew continued to produce crude antimony oxide and this production was simultaneously diverted to crude metal. This move will lessen shipping charges of semi-finished product to Thompson Falls where the crude metal converted to finished antimony trioxide or finished metal ingots for sale.
Thompson Falls: The two new furnaces are fully operational and started producing test batches of antimony trisulphide in early October.
Ambri Inc.: The company continues to track developments at Ambri and are arranging for additional shipments of test product.
Los Juarez/Puerto Blanco: Discussions continued with third party exploration companies towards a possible earn-in joint venture arrangement that would utilize their expertise and lower the company's risk. Traditionally summer is a slow time for junior exploration companies and progress has been slower than expected.
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.
CONTACT:
United States Antimony Corp.
PO Box 643 47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
E-Mail: info@unitedstatesantimony.com
Phone: (406) 579-4097
SOURCE: United States Antimony Corp.
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https://www.accesswire.com/668953/Monthly-September-2021-Operational-Update-from-US-Antimony-Corporation
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