UNITED STATES ANTIMONY CORP Form 8-K Current Report Filed 2023-03-06

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

On March 6, 2023, United States Antimony Corporation (the “Company”) issued a press release relating to the Company receiving approval from the Department of Defense and the Defense Logistics Agency on the third and final sample of antimony trisulfide supplied by the company. The press release is furnished herewith as Exhibit 99.1 to this report.

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

US Antimony (UAMY) Receives Third and Final Approval from US Dept of Defense Regarding Testing

THOMPSON FALLS, MT, March 6, 2023 - United States Antimony Corporation (“UAMY”, “U.S. Antimony” or the “Company”) is pleased to announce that the Department of Defense (“DOD”) and the Defense Logistics Agency (“DLA”) have approved the third and final sample of antimony trisulfide supplied by the company. The samples were all taken from material obtained via concentrating feed from mineralized material at the Sierra Guadalupe mines in the state of Zacatecas Mexico. The Company, in Q3 of 2022, entered into an agreement for the ownership of the mining concessions at the Sierra Guadalupe Mines and is currently engaged in negotiations for the surface rights. The mines were worked prior to 1970 and the approved material came from concentrate made from dump rock generated from that mining effort.

“With this approval the Company can now sell antimony trisulfide, sourced from Sierra Guadalupe, to the DOD, or to approved DOD manufacturers. The Company currently has several tons of antimony trisulfide concentrate in inventory that can now be processed and sold to the DOD,” said U.S. Antimony CEO John Gustavsen.

The Guadalupe supplied a small amount of high-grade feed to UAMY for direct smelting in 2016-2018 that had an average grade of approximately 32% antimony.

The Guadalupe antimony mines, because of the predominance of trisulfide, were acquired for the supply of feed to the Company’s Puerto Blanco flotation mill for concentration followed by shipment to the UAMY Montana facilities for synthesis into purified antimony trisulfide crystal.

This approval means that U.S. Antimony now has the only approved North American mine source of antimony for the production and supply of antimony trisulfide to the DOD/DLA for primers in munitions.

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-K with the Securities and Exchange Commission.

Cover	Mar. 06, 2023
Cover [Abstract]
Entity Registrant Name	UNITED STATES ANTIMONY CORPORATION
Entity Central Index Key	0000101538
Document Type	8-K
Amendment Flag	false
Entity Emerging Growth Company	false
Document Period End Date	Mar. 06, 2023
Entity Incorporation State Country Code	MT
Entity File Number	001-08675
Entity Tax Identification Number	81-0305825
Entity Address Address Line 1	P.O. Box 643
Entity Address City Or Town	Thompson Fall
Entity Address State Or Province	MT
Entity Address Postal Zip Code	59873
City Area Code	406
Local Phone Number	827-3523
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Security 12b Title	Common Stock, $0.01 par value
Trading Symbol	UAMY
Security Exchange Name	NYSE

Cover

Mar. 06, 2023

Cover [Abstract]

Entity Registrant Name

UNITED STATES ANTIMONY CORPORATION

Entity Central Index Key

0000101538

Document Type

8-K

Amendment Flag

false

Entity Emerging Growth Company

false

Document Period End Date

Mar. 06, 2023

Entity Incorporation State Country Code

Entity File Number

001-08675

Entity Tax Identification Number

81-0305825

Entity Address Address Line 1

P.O. Box 643

Entity Address City Or Town

Thompson Fall

Entity Address State Or Province

Entity Address Postal Zip Code

59873

City Area Code

406

Local Phone Number

827-3523

Written Communications

false

Soliciting Material

false

Pre Commencement Tender Offer

false

Pre Commencement Issuer Tender Offer

false

Security 12b Title

Common Stock, $0.01 par value

Trading Symbol

UAMY

Security Exchange Name

NYSE

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Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value		UAMY		NYSE American

	UNITED STATES ANTIMONY CORPORATION

	By:	/s/ Kelly J. Stopher
		Kelly J. Stopher
		Chief Financial Officer

March 6, 2023

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))