other material
confidence high
sentiment positive
materiality 0.65
US Antimony reports first zeolite mineral reserve: 5.1M tons, 400+ year mine life
UNITED STATES ANTIMONY CORP
- Technical Report estimates 2.27M tons Proven and 2.86M tons Probable zeolite at Bear River Project (Preston, ID).
- At current production rates, reserve life exceeds 400 years; scaling 20x would still support >20 years.
- CEO says over $3.5M spent on facility repairs; expects to double sales with minimal added capex.
- New sales personnel hired for water filtration and cattle feed; Q1 2025 financials already improving.
- Capital expenditures declining from $1.46M (2022) to ~$100K estimated for 2025-2026.