U.S. Antimony announces Mexican mill site

United States Antimony Corporation (OTCBB: UAMY) announced Monday that its wholly owned subsidiary, Antimonio de Mexico S. A. de C. V. ("AM"), has entered into an Agreement with Comision Estatal de Aguas ("CEA", the Mexican State of Queretaro Water Commission) to purchase treated waste water from the town of Cadereyta.

This is enough water to allow AM to process up to 500 metric tons per day, and the water will not effect the supply of potable water to the local community. AM will now exercise its option to purchase a mill site that comprises more than 60 acres in proximity to the water supply.


A consulting firm has been retained to permit the mine and mill. The initial flotation mill has a rated capacity of 150 metric tons per day. The mill equipment has been prepared for shipment from the main USAC plant at Thompson Falls, Montana. The mining equipment and some of the mill equipment is already in Mexico. The smelting facility that is owned by USAMSA has been essentially completed at Madero in the State of Coahuila, Mexico.

A Mexican Government report prepared by Consejo de Recursos Minerales reports a resource of 1,000,000 metric tons of rock containing 1.8% antimony and 8.1 ounces per ton silver. Previous owners have had problems with the metallurgy of the antimony and silver, but USAC has used a proprietary method to do this for years. Other land surrounding the original claim block has been obtained.






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