Business
United States Antimony Announces Further Expansion of its Alaskan Antimony Mineral Land Position
DALLAS, TX / ACCESS Newswire / April 7, 2025 / United States Antimony Corporation ("USAC," or the "Company"), (NYSE:UAMY), the only vertically integrated antimo

About this update from United States Antimony Corporation
DALLAS, TX / ACCESS Newswire / April 7, 2025 / United States Antimony Corporation ("USAC," or the "Company"), (NYSE:UAMY), the only vertically integrated antimony producer in North America, announced today the continued expansion of the Company's Alaskan Antimony mineral land position. This is a result of the execution of a new lease/option purchase agreement and an additional staking program. This agreement was completed with an experienced prospector from the Wasilla, Alaska area for lands adjacent to, and in some cases contiguous with existing USAC leased and staked claims in the Fairbanks area as well as the Maclaren River area. The staking program of 18 claims was initiated to cover isolated areas of open ground in the Fairbanks area that were contiguous with the previously leased lands. The company's land holdings in the Fairbanks area, highly prospective for both antimony and gold, now total 144 claims covering approximately 8,998 acres. This land package will be the initial primary focus of the company's high-grade stibnite exploration and mining operation expected to kick off in early May, weather permitting, under the direction of the company's Vice President - Mining Division, Rodney Blakestad. Rod is a graduate of the University of Alaska, Fairbanks. He has over 20 years of field experience in Alaska and he will be relocating his homestead to the Fairbanks area within the month. Exploration programs at the company's Stibnite Creek and the Maclaren River claims in the south flank of the Alaska Range, are also in the planning stage and are to be conducted during the 2025 summer season. The Company continues on its business plan to begin test shipments of raw antimony material for delivery to its processing facilities located in Montana during the third quarter of this year. Management continues to be impressed by the high quality of the antimony deposits seen thus far in our Alaska Properties. About USAC United States Antimony Corporation and its subsidiaries in the U.S., Mexico, and Canada ("USAC," the "Company," "Our," "Us," or "We") sell antimony, zeolite, and precious metals primarily in the U.S. and Canada. The Company processes third party ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. Antimony oxide is used to form a flame-retardant system for pl...
View stock analysis, news, and events for United States Antimony Corporation