U.S. Antimony Announces Expansion of Mexican Deposit

THOMPSON FALLS, Mont.--(BUSINESS WIRE)--United States Antimony Corporation (“USAC”, OTCBB “uamy.ob”) through its Mexican subsidiaries have announced finalization of an agreement to expand its interest in the “Los Juarez” antimony and silver deposit in Queretaro, Mexico. The Los Juarez deposit is exposed for a length of 14,500 feet, a width of up to 600 feet, and a thickness of 30 feet and may continue further in three directions. Although a Mexican government publication reports 1,000,000 metric tons of 1.8% antimony and 8.1 ounces of silver per ton on a small area within the zone, USAC’s subsidiaries do not claim reserves. Mining is underway on a small-scale basis to accrue mill feed for a newly approved 150 metric ton per day mill site called “Los Arcos.” Concentrates from this mill will be processed at USAC’s Mexican smelter in Coahuila that began operations earlier this year with ore from third-party mines.

John Lawrence, USAC’s CEO commented, “Upon completion of the mill, the mine will classify the Company as an integrated North American producer of antimony as well as diversify it as a silver producer. U.S. consumers of antimony products have shown a keen interest in USAC as an alternative to China that produces 92% of the world’s antimony production.”

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. 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
John Lawrence, 406-827-3523
FAX: 406-827-3543
tfl3543@blackfoot.net