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United States Antimony Corporation Announces Completion of Technical Report located in Ontario, Canada on Fostung Tungsten Deposit
Inferred Resource Value Exceeds $4.6 Billion "The Critical Minerals and ZEO Company"~ Antimony, Cobalt, Tungsten, and Zeolite ~ DALLAS, TX / ACCESS Newswire / March 3, 2026 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), ...
About this update from United States Antimony Corporation
[{"type":"text","content":"Inferred Resource Value Exceeds $4.6 Billion","length":44,"tagName":"p"},{"type":"text","content":""The Critical Minerals and ZEO Company"~ Antimony, Cobalt, Tungsten, and Zeolite ~","length":93,"tagName":"p"},{"type":"text","content":"DALLAS, TX / ACCESS Newswire / March 3, 2026 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), (NYSE American:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the world outside of China and Russia, announced today the completion of an initial resource engineering study on its 100% owned Fostung Tungsten Property located in Ontario, Canada. The final SK 1300 Technical Report will be filed with the SEC. This initial resource report was authored by SRK (Canada) Inc. part of SRK Consulting, an international group of specialists in geology, resources, geotechnical, environmental, water, and mining services. The Fostung Tungsten deposit is located approximately 70 kilometers west of Sudbury, Ontario, Canada, near the town of Espanola.","length":907,"tagName":"p"},{"type":"text","content":"RESOURCE CALCULATIONS","length":21,"tagName":"p","attribs":{}},{"type":"text","content":"Our technical consultants, using a cut-off grade of 0.08% WO3, calculated an inferred resource of 14.62 million metric tons grading 0.17% WO3 containing 53.595 million pounds of WO3 (tungsten trioxide). With a current tungsten price of $1,890 per metric ton unit (MTU), the gross estimated raw metal value of the inferred resource discovered at the Fostung Tungsten Deposit is approximately $4.6 Billion, prior to mining and processing costs.","length":442,"tagName":"p"},{"type":"text","content":"TUNGSTEN","length":8,"tagName":"p","attribs":{}},{"type":"text","content":"Tungsten's unique properties, which include a high melting point, density, hardness, and conductivity, make it indispensable in many military and industrial sectors which include:","length":183,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Aerospace (kinetic energy penetrators)","length":38,"tagName":"p"}]},{"val":[{"type":"text","content":"Defense (shielding of tanks and counterweights)","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"Electronics (...