United States Antimony Corporation · NYSE:UAMY
United States Antimony — Non-Deal Roadshow (November 2012)
25 slides from United States Antimony's roadshow presentation, November 2012
Slide 1: U.S. Antimony Corporation
U.S. ANTIMONY CORPORATION JOHN LAWRENCE, CEO RS – NOVEMBER,
Slide 2: USAC Corporate Overview
USAC CORPORATE OVERVIEW • USAC is a rapidly growing natural resource company that is making a concerted effort to increase its raw material supply from Mexican operations by new mining, additional milling and smelting capacity, and third party raw material feeds. USAC CORPORATE OFFICES 47 AND PLANT
Slide 3: Puerto Blanco mill operating; NYSE MKT listing
• USAC is now operating the Puerto Blanco gravity-flotation mill in Guanajuato, Mexico 20 hours per day on third party antimony mine feed. Preliminary testing has been done on the Los Juarez antimony-silver-gold and negotiations are underway to sell the silver and gold. Production is anticipated lat
Slide 4: Antimony Background
ANTIMONY BACKGROUND Source Mine production Mine reserves WORLD PRODUCTION AND MINE 2011 5,000 310,000 RESERVES 2011 IN METRIC TONS 150,000 950,000 OF METAL 3,000 350,000 (U. S. Geological Survey, Mineral 3,000 21,000 Industrial Survey, Fourth Quarter 2,000 50,000 Other 2011) Countries 6,000 150,000
Slide 5: Inventory, Strategic Metal and Uses of Antimony
INVENTORY USAC has accumulated large inventories of raw materials at Madero, Puerto Blanco, and the Los Juarez property and is now planning to process and sell as much inventory as possible before the end of 2012. STRATEGIC METAL Antimony is considered a “strategic metal” and wartime applications in
Slide 6: Pricing
PRICING Pricing of the metal is generally based on the London Metal Exchange average price C.I.F. Rotterdam per metric ton (a metric ton contains 2,204.6 pounds). Antimony oxide contains 83.1% antimony metal and it is typically the preferred product for pricing. YEAR USD AVG/lb TWELVEYEAR AVEAGE ANN
Slide 7: USAC Antimony Division
USAC ANTIMONY DIVISION USAC has shipped 1,253,248 lbs of antimony through 3Q 2012 resulting in $6,678,725 revenues. RS – NOVEMBER, 2012 7
Slide 8: Mining: Los Juarez Property, Queretaro, Mexico
MINING LOS JUAREZ PROPERTY, QUERETARO, At the Los MEXICO Juarez property in Queretaro, Mexico, USAC relied on a Mexican Government publication, Consejo de Recursos Minerales, Monografia Geologico-Minera del Estado de Querearo, pages74-75. The paper reported a reserve of 1,000,000 metric tons contain
Slide 9: Drilling and blasting establishing faces in jasperoids
Drilling and blasting is establishing faces in the jasperoids. Truckload samples have assayed approximately 2% antimony, 8 ounces of silver and 0.015 ounces of gold per ton. Presently, the Company has more than 8,000 tons of mill feed from Los Juarez. New paved road to Los Juarez, partially complete
Slide 10: Preliminary smelting and initial mill trial results
Preliminary smelting has indicated good recovery and an excellent product grade. An initial mill trial of 250 tons of dump rock from Los Juarez has been completed. The dump rock was badly diluted with soil from the mine and mud from the mill yard. The results were as follows: Item Antimony Silver Go
Slide 11: Milling: Puerto Blanco Mill, Guanajuato, Mexico
MILLING PUERTO BLANCO MILL, GUANAJUATO, MEXICO The crushing circuit is run one shift to operate the mill for three shifts. It also includes a large pre-crusher for oversize rock from the Los Juarez deposit. Currently, the combination flotation-gravity mill has a capacity of 150 metric tpd. RS – NOVE
Slide 12: Puerto Blanco mill circuits
Pre-crusher circuit Puerto Blanco mill Cone crusher, Puerto Blanco mill Vertical shaft impactor (VSI) Puerto Conveyors at crusher, Puerto Blanco Blanco mill mill RS – NOVEMBER, 2012 12
Slide 13: Straight oxide circuit nearing completion
Ball mill Puerto Blanco mill Puerto Blanco mill flotation cell A straight oxide circuit is nearing completion that will have a capacity of 75-100 tpd that can be run simultaneously with the flotation-gravity The permitting and installation of a 500 circuit. metric ton per day mill owned by the Compa
Slide 14: Sierra Guadalupe and Soyatal District sourcing
The Company had mined a property in the late 1980s known as “Sierra Guadalupe” in the State of Zacatecas. To our knowledge, there were no documented reports of on the geology, reserves, or production. Currently, the property is being mined by a third party who is delivering 2.5 to 5% mill feed at a
Slide 15: Source of Antimony
SOURCE OF ANTIMONY 2008 2009 2010 2011 2012 YTD Thompson Falls Smelter Pounds of Antimony 1,142,681 908,144 1,364,485 1,179,973 739,909 Contained Madero Smelter Pounds of n/a 66,212 59,152 221,450 242,441 Antimony Contained Total Pounds of 1,142,681 974,356 1,423,637 1,401,423 982,351 Antimony Gross
Slide 16: Smelting: Thompson Falls Smelter, Montana
SMELTING THOMPSON FALLS SMELTER, MONTANA The Thompson Falls smelter produces antimony oxide, metal, and antimony tri-sulfide from sources around the world including the Madero smelter in Mexico. Using antimony metal as a feed, the plant is capable of producing Aerial view of Antimony, Silver and Gol
Slide 17: Madero Smelter, Coahuila, Mexico
MADERO SMELTER, COAHUILA, MEXICO USAC is in the process of doubling the smelter capacity with the goal of completion by the end of 2012. The capacity to produce will depend on the grade of the feed. With low grade 20-25% feed, the furnaces will produce 2,000 to 3,000 pounds per day (ppd) of containe
Slide 18: Silver and Gold
SILVER AND GOLD SOURCES Silver and gold is shipped from the Thompson Falls plant from resources in Canada and Europe. PRODUCTION Later this year our silver and gold production will begin on a much larger scale from the Los Juarez deposit in Mexico. PAYMENT SILVER / 2012 We are expecting a 92%-94% GO
Slide 19: Zeolite Operations
ZEOLITE OPERATIONS BEAR RIVER ZEOLITE (BRZ™) www.bearriverzeolite.com BACKGROUND. At the Bear River Zeolite (BRZ™) operation, near Preston, Idaho, USAC began mining based on representations by George Desborough (deceased) of the U. S. Geological Survey. BRZ plant, Preston, Idaho. The zeolite is rega
Slide 20: Mining and Processing Plant
MINING Mining is performed on open cut benches using an air track for drilling and blasting, loading with a Caterpillar 988 or excavator, and hauling with Cat 769 trucks. BRZ™ open pit loading zeolite. PROCESSING PLANT The plant includes a conventional closed- circuit primary crusher, rotary dryers,
Slide 21: Zeolite Uses
USES The products are sold in the United States and throughout the world. Markets include water filtration, soil amendments, animal nutrition, waste- water treatment, odor control, hydrogen sulfide gas control, nuclear remediation, pozzolan, plastic fillers, grout, ammonia control in underground min
Slide 22: USAC Management Team
USAC MANAGEMENT TEAM USAC BOARD OF DIRECTORS ANTIMONY, THOMPSON FALLS, MT. Gary Babbitt (Boise, Idaho) Marilyn Sink: Plant Manager John C. Lawrence (Thompson Falls, MT.) Lance Sink; Assistant Manager Russell C. Lawrence (Deary, ID) Matt Keane: Director Sales Hart W. Baits (Missoula, MT) Tony Lyght:
Slide 23: United States Antimony Corporation
UNITED STATES ANTIMONY CORPORATION PO Box 643 Thompson Falls, Montana 59873 Phone: 406-827-3523 Fax: 406-827-3543 email: tfl3543@black.net NYSE: “UAMY” www.usantimony.com and www.bearriverzeolite.com Reclaimed tailings pond Thompson Falls, Montana RS – NOVEMBER, 2012 USAC is environmentally conscien
Slide 24: Forward-Looking Statements
Forward-Looking Statements This presentation 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
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