Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - UNITED STATES ANTIMONY CORP | uamy_8k.htm |
Exhibit 99.1
(“USAC”, NYSE American “UAMY”) US Antimony
Corporation Signs Collaboration Agreement with Perpetua
Resources
May 3,
2021. Thompson Falls, Montana.
Thompson
Falls, MT (NYSE AM UAMY): US Antimony and Perpetua Resources
(formerly Midas Gold) have signed a Collaboration Agreement to
study the feasibility of processing Perpetua Resources antimony
concentrates at facilities owned by US Antimony. Perpetua Resources
is in the process of permitting a major antimony and gold resource
in the state of Idaho at their Stibnite Gold project. This
potential partnership would represent the only domestically mined
and refined antimony products. The mine’s proximity to US
Antimony’s processing facilities represents an advantage to
both companies. US Antimony will be evaluating samples provided by
Perpetua Resources to design processing techniques whereby the
precious metals and common minerals will be separated from the
antimony, providing US Antimony with a significant additional
source of antimony, gold, and silver. Assuming that no unforeseen
geochemical issues are present, US Antimony is confident that a
processing technique can be developed quickly because of US
Antimony’s experience with similar antimony
ores.
Russell
Lawrence and John Gustavsen
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.