United States Antimony Corporation : U.S. Antimony Reports Start of Los Juarez Pilot Production

THOMPSON FALLS, MT / ACCESSWIRE / May 1, 2017 / United States Antimony Corporation ("USAC," NYSE MKT: UAMY) reported that the caustic leach testing of the Los Juarez flotation concentrates has been successful, and the sequential pilot production of the Los Juarez gold, silver, and antimony project has commenced. Trucking from the mine has begun at an initial rate of 400 metric tons per month from the Mina Grande and Reynaldo open pits. Each 2.5 metric tons will be sampled and assayed by a third- party laboratory to determine feed grades and recoveries. The floatation concentrates will be caustic leached and the gold and silver will be recovered from the leach residue in Montana.

Assuming that the pilot testing of Los Juarez is economic, the pilot mill will be ramped up to 2,000 metric tons per month. In addition, the Company will consider all alternatives to growing production in a profitable manner. Such alternatives could include the installation of a cyanide leach circuit to increase the recoveries of precious metals from mill tailings and the completion of a 400 ton capacity mill at Puerto Blanco. The Company will continue a prudent expansion of the project.

Following are the production estimates for April 2017:

Since the end of Q1, 2017, the Rotterdam price of antimony per metric ton has increased from $8750.00 ($3.97 per pound) to $8900.00 ($4.037 per pound), or 2% in one month. Due to selling in advance, Mexican antimony metal production was sold at $3.49 per pound in April. In May, the Company expects to sell Mexican antimony at approximately $4.00 per pound.

CEO, John Lawrence, said, "We are excited to start the Los Juarez gold, silver, and antimony pilot production. We are optimistic about further progress at Los Juarez and believe it could be a major event for shareholders. In addition, we remain focused on increasing Mexican antimony production and BRZ zeolite sales."

About U.S. Antimony

US Antimony is a growing, vertically-integrated natural resource company that has production and diversified operations in precious metals, zeolite and antimony.

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, ability to execute on its increased production and installation schedules for planned capital expenditures and the size of forecasted deposits. 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

PO Box 643, 47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
406-827-3523
FAX: 406-827-3543
E-Mail: tfl3543@blackfoot.net

SOURCE: United States Antimony Corporation