United States Antimony says mining operations initiated at Stibnite Hill in Montana

United States Antimony Corporation (NYSE:UAMY) on Friday said that it has initiated exploration and bulk sampling operations on Stibnite Hill, which is located directly adjacent to the Thompson Falls, Montana, smelting operation that is currently under significant expansion.

Antimony ore has now been trucked in several loads off the mountain to a flotation mill in Montana for crushing and sampling before further review by the company's metallurgical chemist. 

"Once the necessary permits were obtained from the DEQ this month, we began our exploration efforts. Those have resulted in our first four loads of raw antimony ore for our existing operations to begin processing this year," Joe Bardswich, Executive Vice President and Chief Mining Engineer for USAC, said.

"While we fully expected our first actual product from the company to come from our Alaska operations, the delay in permit approvals in that state for approximately five months, allowed Montana to be first." 

United States Antimony Corporation (NYSE:UAMY) stock down 3.2% premarket.