“We have selected a box-cut and portal location for an exploration decline to access the C1 and C2 vein systems underground, and it has recently been confirmed by an independent mining consultant to be the optimum site… our preliminary design work for the proposed underground exploration development is underway. “The drilling of the next sequence of holes from the new collar position near the north-west corner of the West Pit, and drilling east to southeast into the newly-discovered C2 vein system, could give exciting results,” he said. Nagambie executive chairman Mike Trumbull said development work is continuing. Estimates of the abundance of antimony in the Earths crust. Other forms are powder, shot, and single crystals. The antimony disruption case studies demonstrate that stockpiles can increase the resilience of the supply chain, however, it can also cause supply chain disruptions. You can invest in U S Antimony Corp and real stocks and CFDs on stocks of other American and European companies in R StocksTrader. Commercial forms of antimony are generally ingots, broken pieces, granules, and cast cake. The Fosterville epizonal mineralisation extends to more than 1,000m vertical depth and the Costerfield epizonal mineralisation is approaching 1,000m vertical depth. Antimony in its elemental form is a silvery white, brittle crystalline solid that exhibits poor electrical and heat conductivity properties. The strike length of C1 is currently around 100m, while the vertical extent is 200m but could increase substantially to 1,000m or more with further drilling from surface and later from underground. The epizonal north-striking C1 and C2 vein systems are associated with the east-west-striking Nagambie mine central anticline and various thrust faults which dip to the north and are known to continue regionally to considerable depths.Ĭ2 was discovered last month via a wildcat hole which was testing to the west of C1. The stock has golden prospects, and the right execution by its management at this point is paramount.Drilling also intersected a potential MCOG C1 stope of 1.2m EHT at 5.2g/t gold equivalent in C1 West, thereby extending the strike length of the C1 vein system to 100m.Īll 12 high-grade intersections to date within the MCOG zones of the C1 and C2 vein systems have averaged 16.4 g/t gold equivalent (6% antimony and 5g/t gold). It has a tremendous growth runway laid out in front of it, as well as a robust financial performance. UAMY is an antimony stock that stands ready to grow big if it plays its cards right. EPA Chemicals Dashboard - Antimony eChemPortal - Antimony Critical Effect Systems. Contact Us to ask a question, provide feedback or report a problem. This puts it on the path to funding its business expansion to meet the growing demand of the growing market. Antimony CASRN DTXSID5023879 IRIS Summary (PDF) (8 pp, 95 K) Key IRIS Values Other EPA Information Noncancer Assessment. Equity multiplier, or assets relative to shareholders equity, comes in at 1.07 for UNITED STATES ANTIMONY CORP thats greater than it is for merely 7.4 of US stocks. Moreover, UAMY’s financial sustainability is also supported by its stellar balance sheet, with its current assets exceeding $24.1 million. Price to trailing twelve month operating cash flow for UAMY is currently 733.68, higher than 99.22 of US stocks with positive operating cash flow. Similarly, during this period gross profit grew from $200,000 to a staggering $700,000. The company’s quarterly revenue surged by 57.7% to $3.6 million YoY, which was beyond the most optimistic expectations. US Antimony Corp has had stellar financial performance, as is evident in its most recent financial quarter. This shift in priority could be a game-changer for UAMY’s prospects. The US House Armed Services Committee has recently voiced concerns about the country’s dependence on Russian and Chinese antimony. US Antimony Corp is also presently faced with a dynamic opportunity. The growth runway for the company remains massive, considering that it presently occupies only 4% of market shares in its region of operations. The metal is expected to see surging demand this year, especially in the Ambri liquid metal battery systems. The United States Antimony Corporation (UAMY), despite its small size, holds exposure to the highly lucrative Antimony market in the North American region. US Antimony Corp’s Compelling BusinessĪntimony is a metallic element that few discuss, yet it is one of immense vitality. The company presents faces a tremendous growth opportunity that could see its tides change and embark on an explosive growth trajectory. United States Antimony Corporation (NYSE: UAMY) is a nano-cap stock that deals with the metal, antimony.
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