Financial Performance - Revenues increased by 26% to $5.6 million for the first six months of 2024, driven by higher antimony sales volume and zeolite prices[3]. - Gross profit rose 122% to $1.7 million, attributed to improved efficiencies in the antimony business despite increased costs in the zeolite segment[4]. - Antimony sales increased by 36% year-over-year, with an average sales price of $4.65 per pound, while the current market price is around $10.64 per pound[5][6]. - Zeolite sales grew by 26%, but gross profit decreased by $397,000, with a loss from operations worsening by $540,000[6]. - Cash and cash equivalents increased by $492,000 to $12.4 million as of June 30, 2024, indicating a focus on improving business operations[9]. - The company reported profitability in the last quarter, with a capital improvement expenditure of $0.5 million, which could have otherwise contributed to profits[36]. Capital Expenditures and Investments - Capital expenditures in the second quarter of 2024 reached $501,000, a significant increase from $51,000 in the first quarter, reflecting investment in operational improvements[11]. - The company is preparing a mineral resource study for its zeolite business, expected to be completed by year-end 2024[4]. - The company has the only smelter operating in the U.S. and is working on enhancing its supply chain for antimony, aiming to attract government interest[24]. Market Opportunities and Product Development - The company has identified a significant growth opportunity in the zeolite market, noting that only 5% of cattle in the U.S. currently use fed zeolite[31]. - The company is developing new zeolite products and has engaged a lobbying firm to promote zeolite's benefits for nuclear waste cleanup and water treatment[13][15]. - The company is exploring the use of zeolite in mining for air filtration and has a sales presence in Canada to grow this business[33]. Team and Management Restructuring - The antimony division has strengthened its team by hiring a geochemist to enhance mineral processing capabilities[19]. - The company is restructuring its management and operations teams to enhance profitability and market presence in the antimony and zeolite sectors[29]. - The team has expanded with new members bringing valuable knowledge and experience[41]. Strategic Initiatives and Future Plans - The company is actively seeking sources of antimony and other critical minerals on non-federal lands in the U.S. and Canada due to lengthy permitting processes on federal lands[22]. - The company is in standby mode regarding a potential acquisition, having set conditions for the seller that must be met to proceed[35]. - The company is planning to announce a new venture within the next 10 days, which has already been approved by the Board of Directors[30]. - The company is preparing to announce a new direction soon, indicating a shift in strategy[41]. - The company is enhancing its marketing efforts through social media and investor relations initiatives to attract institutional investors[29]. - The company is confident in its ability to meet military specifications for antimony products and is seeking alternative sources to enhance reliability[39]. - The company has resolved its cash flow issues and is now treating its cash with high importance[41]. - The company is positioned to showcase exciting future opportunities in the near future[41].

Financial Data and Key Metrics Changes - Revenues increased by 26% to $5.6 million for the first six months of 2024 compared to the previous year, driven by higher antimony sales volume and zeolite prices [3][4] - Gross profit rose by 122% to $1.7 million, attributed to improved efficiencies in the antimony business despite increased costs in the zeolite segment [4][6] - Operating expenses increased by $1.1 million to $2 million, mainly due to noncash stock compensation, project costs, and salary expenses [4][5] Business Line Data and Key Metrics Changes - Antimony business sales increased by 36% year-over-year, with gross margins more than double compared to last year, reflecting higher efficiencies [5][6] - Average antimony sales price per pound was $4.65, influenced by processing customer-owned ore, while the market price was around $10.54 per pound [6] - Zeolite business sales grew by 26%, but gross profit decreased by $397,000, with operational losses improving from $432,000 in Q1 to $148,000 in Q2 [7][8][12] Market Data and Key Metrics Changes - The company closed its operations in Mexico, generating $1.1 million in revenue from antimony inventory sales, but still incurred a loss of $150,000 from discontinued operations [8][9] - Inventory levels decreased due to planned downtime from the main antimony supplier, but efforts are underway to increase inventory and meet demand [9] Company Strategy and Development Direction - The company is focused on a turnaround strategy, emphasizing operational changes leading to financial improvements [3][4] - Significant capital expenditures were made to enhance the zeolite processing facility, achieving a 94.3% runtime, which is a record for the company [11][12] - New product initiatives like CattleMax are being developed to expand market reach, particularly in the cattle industry [13][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the ongoing challenges but expresses optimism about the company's direction and potential for growth in both antimony and zeolite markets [9][30] - The company is actively engaging with government officials to secure support for critical mineral supply chains, particularly for antimony [24][28] Other Important Information - The company has restructured its management team to enhance operational efficiency and market presence [28] - A new mineral resource study for the zeolite business is anticipated to be completed this year, which will inform future growth strategies [5] Q&A Session Summary Question: How big could Bear River Zeolite become and in what time frame? - The company sees significant growth potential, particularly in the cattle industry and water treatment sectors, but will not expand facilities until there is confirmed business [31][32] Question: How do you plan to be successful with CattleMax while facing competition? - The strategy involves targeting new customers and working with nutritionists to promote zeolite, ensuring no conflict with existing customers [33] Question: Is there potential for zeolite sales in mining companies for air filtration? - The company has a sales presence in Canada and recognizes the need to improve marketing efforts in that region [34] Question: What is the status of zeolite acquisitions mentioned last year? - The company is currently in standby mode regarding an acquisition due to identified issues that may be insurmountable [37] Question: How will you bring back the BRZ business to profitability? - Profitability is expected through increased sales and operational efficiencies, with capital improvements already made [38][39] Question: Can you still produce trisulfide to military specifications? - The company is confident in its ability to meet military specifications with new sources and expertise being developed [40][42] Question: What is the probability of a reverse split? - The topic was not discussed in the recent board meeting, indicating no immediate plans for a reverse split [43]

Company Operations and Subsidiaries - The Company plans to sell its USAMSA subsidiary, which was shut down on March 11, 2024, and is actively seeking buyers for its operations and/or assets[72] - The Company has initiated an active search for buyers of its USAMSA operations and/or assets following the shutdown of its processing plants in Mexico[80] - The Company plans to sell its USAMSA subsidiary, which has generated cumulative losses since inception, to improve cash flow[105] Market Position and Products - The Company estimates its current share of the domestic market for antimony oxide products is approximately 4% and less than 1% in the international market[79] - The Company has the only operating, permitted antimony smelter located in the U.S., which enhances its competitive position[80] - The zeolite produced by the Company is regarded as one of the best in the world due to its high cation exchange capacity (CEC) of approximately 180-220 meq/100 gr[83] - The Company has a reputation for quality products delivered on a timely basis, which supports its competitive edge in the market[79] Financial Performance - Revenues for the three months ended June 30, 2024, increased to $2,813,780 from $2,265,117 for the same period in 2023, representing a growth of 24.2%[87] - Antimony revenue for the six months ended June 30, 2024, was $4,043,163, up $1,078,819 or 36.4% compared to $2,964,344 in the same period of 2023[89] - Gross profit for antimony for the six months ended June 30, 2024, increased by $1,585,030, reaching $1,980,802, a 400.5% increase from $395,772 in the prior year[90] - Zeolite revenue for the six months ended June 30, 2024, was $1,597,391, an increase of $328,207 or 25.9% compared to $1,269,184 in the same period of 2023[92] - Precious metals revenue for the three months ended June 30, 2024, dropped to $4,616 from $126,321 in the same period of 2023, a decline of 96.3%[93] - The average sales price per pound of antimony increased by 7.8% to $5.22 for the three months ended June 30, 2024, compared to $4.85 in the same period of 2023[88] - Total assets as of June 30, 2024, were $22,434,861, an increase from $21,547,455 as of December 31, 2023[88] - The company reported a loss from operations of $213,604 for the three months ended June 30, 2024, compared to a loss of $197,335 in the same period of 2023[87] - Average gross profit per pound of antimony increased to $2.47 for the three months ended June 30, 2024, from $0.50 in the same period of 2023, a rise of 390.6%[88] - The company’s accumulated deficit increased to $(39,538,595) as of June 30, 2024, from $(39,418,619) as of December 31, 2023[88] - EBITDA from continuing operations for the six months ended June 30, 2024, was $253,122, down from $431,257 for the same period in 2023[96] - Antimony revenue for the three months ended June 30, 2024, increased by 34.3% to $1,814,778 compared to $1,351,705 in 2023[96] - Gross profit for Antimony segment improved significantly to $859,211, a 511.0% increase from the previous year[96] - Zeolite revenue for the three months ended June 30, 2024, was $994,386, reflecting a 26.3% increase from $787,091 in 2023[97] - Consolidated revenue for the six months ended June 30, 2024, was $2,813,780, up 24.2% from $2,265,117 in 2023[98] - Antimony segment's income from operations for the six months ended June 30, 2024, was $304,504, a turnaround from a loss of $307,430 in 2023[100] - EBITDA for the Antimony segment for the six months ended June 30, 2024, was $657,985, a 480.2% increase from $113,397 in 2023[100] - Zeolite segment reported an operating loss of $579,761 for the six months ended June 30, 2024, compared to a loss of $40,753 in 2023, indicating a significant decline[100] - Total operating expenses for the Antimony segment increased by 138.4% to $1,676,298 for the six months ended June 30, 2024[100] - The company reported a consolidated net loss of $55,704 for the six months ended June 30, 2024, compared to a loss of $23,032 in 2023, representing a 141.9% increase in losses[98] - Revenue for the six months ended June 30, 2024, increased by 26.1% to $5,645,170 compared to $4,475,961 for the same period in 2023[101] - Gross profit for the six months ended June 30, 2024, was $1,731,545, a 121.6% increase from $781,402 in the prior year[101] - Operating income loss for the six months ended June 30, 2024, was $(282,350), worsening by 140.4% from $(117,459) in 2023[101] - Net cash provided by operating activities improved by $1,604,091 for the six months ended June 30, 2024, totaling $435,663 compared to $(1,168,428) in 2023[103] - Cash flow used by investing activities improved by $1,095,495 for the six months ended June 30, 2024, totaling $(100,039) compared to $(1,195,534) in 2023[104] - As of June 30, 2024, the company had cash and cash equivalents of $12,391,431, which is expected to cover cash requirements for the next 12 months[107] - Working capital increased to $13,454,756 as of June 30, 2024, up from $12,963,081 at December 31, 2023[102] - Interest expense decreased by 67.6% to $2,092 for the six months ended June 30, 2024, down from $6,450 in the prior year[101] - Depreciation and amortization increased by 42.8% to $220,633 for the six months ended June 30, 2024, compared to $154,458 in 2023[101] Internal Controls and Legal Matters - The Company identified material weaknesses in its internal controls due to the small size of its accounting staff, which may hinder adequate controls in the future[108] - No changes occurred in the Company's internal controls over financial reporting during the quarter ended June 30, 2024, that materially affected internal controls[109] - The Company is not involved in any material legal proceedings, and no significant legal issues were reported as of June 30, 2024[110] Regulatory Compliance and Safety - The Company aims to achieve excellence in mine safety and health performance while ensuring compliance with environmental regulations and health and safety standards[74] - During the six months ended June 30, 2024, Bear River Zeolite Company received four significant citations from MSHA, all of which have been rectified[111]

Financial Performance - Revenues for the first quarter of 2024 increased by 28% compared to the same period last year, with gross profit dollars more than doubling [8]. - Cash provided by operating activities from continuing operations was $350,000, with total cash flow from continuing operations at $327,000 [8]. - The cash balance at March 31, 2024, was $11.9 million, reflecting a modest increase in the cash position [15]. - Operating expenses increased by approximately $577,000 in the first quarter, with $200,000 attributed to front-loaded stock compensation and audit/legal fees [19]. - The company experienced a significant production loss, with a third of its production capacity affected in one quarter, impacting cash flow [39]. - The management is optimistic about the second quarter's performance, expecting improved numbers and potential profitability [39]. - The management is optimistic about the company's future, projecting larger revenues and higher market capitalization within the next 12 months [57]. Market Conditions - Antimony market price rose to approximately $7.44 per pound, a 40% increase since the end of 2023, marking the highest price in over five years [17]. - Significant inquiries for antimony oxide have been received, indicating a severe market shortage, with sales prices ranging from $6.75 to $7 per pound [30]. - The company sold more antimony and zeolite in the first quarter compared to the previous year, with zeolite inventory down by about 20% and antimony inventory down by about 50% [16]. Strategic Initiatives - The company is actively leasing new antimony properties in the U.S. to meet increasing demand due to reduced global supply from China and Russia [29]. - A drone survey and an ore definition drilling program are scheduled to enhance the mining and reclamation plan for the Bear River Zeolite operation [25]. - The company plans to file a Universal Shelf Registration statement in July, alongside an Annual Shareholder Meeting [32]. - The filing of a universal shelf in July provides financial flexibility for potential acquisitions or capital raising opportunities [49][50]. - The company is exploring new hard mineral opportunities, which are considered critical minerals, in addition to antimony and zeolite [47][48]. Asset Management - The company is in the final stages of engaging a broker to market its Mexican assets, with higher-than-expected land valuations noted [45][46]. - There is no royalty from BLM lands, but a royalty agreement exists with Webster Ranch for materials processed from BLM onto their property [43]. Investor Relations - The company is actively marketing its stock to institutional investors, with recent interest from individuals managing between $40 million and $2 billion in capital [41]. - Zeolite is currently in a loss position, with ongoing efforts to improve profitability despite challenges from older machinery and equipment [38]. - The company aims to significantly contribute to U.S. antimony needs, contingent on securing government funding for development [59].

Operations and Strategic Changes - The Company has shut down operations of its USAMSA subsidiary and plans to sell its assets over the next year[87]. - The Company has initiated an active search for buyers or leasing opportunities for its USAMSA operations and assets[87]. - The company shut down its USAMSA entity on March 11, 2024, due to cumulative losses and plans to sell its operations or assets over the next year[113]. Market Position and Revenue - The Company estimates its share of the domestic market for antimony oxide products is approximately 4% and less than 1% for the international market[86]. - The Company is the only significant U.S. producer of antimony products and has the only operating, permitted antimony smelter in the U.S.[89]. - Antimony revenue increased by $615,746, or 38.2%, reaching $2,228,385, primarily due to increased demand for antimony oxide and metal[100]. - Consolidated revenue for the three months ended March 31, 2024, was $2,831,390, an increase of 28.1% compared to $2,210,844 for the same period in 2023[110]. Financial Performance - Gross profit for the same period increased to $822,904, representing a 108.4% increase from $394,843 in the prior year[110]. - Net income from continuing operations decreased to $86,101, down 70.7% from $293,381 in the previous year[110]. - Gross profit for antimony segment rose significantly to $1,121,591, a 339.6% increase from $255,158 in the same quarter of 2023[100]. - Zeolite revenue increased by $120,912, or 25.1%, totaling $603,005, despite a gross loss of $292,833 compared to a profit of $29,427 in the previous year[102]. - EBITDA for the three months ended March 31, 2024, was $192,899, a decrease from $366,312 in the same period of 2023[106]. - The company’s EBITDA for the consolidated period was $192,899, a decrease of 47.3% compared to the previous year[111]. Cost and Expenses - Total operating expenses increased significantly to $891,650, up 183.1% from $314,967 in the prior year[110]. - The average sales price per pound of antimony decreased by 9.2% to $4.27, while the average cost per pound dropped by 46.4% to $2.12[100]. Cash Flow and Financial Position - For the three months ended March 31, 2024, net cash provided by operating activities was $350,225, an improvement of $1,419,199 compared to the same period in 2023[112]. - As of March 31, 2024, the company had cash and cash equivalents of $11,941,298, which is expected to cover cash requirements for the next 12 months[116]. - Working capital increased to $13,043,414 as of March 31, 2024, compared to $12,963,081 as of March 31, 2023[111]. - Cash flow used by investing activities improved by $499,171 for the three months ended March 31, 2024, primarily due to fewer fixed asset purchases[112]. - Cash flow used by financing activities improved by $789,479 for the three months ended March 31, 2024, mainly due to a dividend payment of $787,730 made on January 25, 2023[112]. Operational Challenges and Future Outlook - The Company has faced operational challenges due to inflation on costs and competitive technology positions[80]. - The company is focused on generating positive cash flow to fund its mission of profitable growth through organic means and strategic acquisitions[113]. - The Company is exploring Mexico and Central America for suppliers of antimony ore, assuming economics are profitable[85]. Internal Controls and Compliance - Management identified material weaknesses in disclosure controls due to the small size of the accounting staff, which may hinder adequate controls in the future[118]. - There have been no changes in internal controls over financial reporting that materially affected the company during the quarter ended March 31, 2024[119]. Mineral Resources and Technical Reports - The Company has not yet prepared a technical report summary for the Bear River Zeolite property regarding its mineral resources[81]. - The zeolite segment produces zeolite used for various applications, including water filtration and sewage treatment[90]. - The annual royalty payment for the zeolite lease is the greater of $60,000 or a tiered payment based on tonnage sold[91]. - The precious metals segment recovers precious metals in conjunction with antimony processing, primarily from a Canadian supplier[95].

United States Antimony Corporation (NYSE:UAMY) Q4 2023 Results Conference Call April 17, 2024 4:15 PM ET Company Participants Gary C. Evans - Lead Director Rick Isaak - Senior VP and Chief Financial Officer Joe Bardswich - Board member & Co-CEO Operator Greetings. Welcome to the United States Antimony Corporation Calendar Year 2023 Results Webcast. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Gary C. Evans, you may begin. Gary C. E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______________ to______________ Commission file number: 001-08675 UNITED STATES ANTIMONY CORPORATION (Exact name of registrant as specified in its charter) Montana 81-0305822 ( ...

Revenue Performance - Total revenue for the three months ended September 30, 2023 was $2,313,491, a decrease from $2,463,984 in the same period in 2022[23] - Total revenue for the nine months ended September 30, 2023 was $7,027,908, a decrease from $9,624,611 in the same period in 2022[23] - Revenue for the three months ended September 30, 2023 was $2,463,984, compared to $2,313,491 for the same period in 2022, representing a 6.5% increase[69] - Revenue for the nine months ended September 30, 2023 was $7,027,908, compared to $9,624,611 for the same period in 2022, representing a 27.0% decrease[69] - Revenue for the three months ended September 30, 2023 decreased to $2,313,491, a 6.1% decline compared to $2,463,984 in the same period in 2022[81] Antimony Sales - Antimony sales for the three months ended September 30, 2023 were $1,641,666, a slight decrease from $1,671,301 in the same period in 2022[23] - Antimony sales for the nine months ended September 30, 2023 were $4,844,466, a significant decrease from $6,972,312 in the same period in 2022[23] - Antimony revenue decreased by $29,635 (1.8%) for the three months ended September 30, 2023, primarily due to a 26.1% decline in average sales price per pound[72] - Antimony revenue for the three months ended September 30, 2023, decreased by 1.8% to $1,641,666 compared to $1,671,301 in 2022, primarily due to a 26.1% decline in average sales price per pound[72] Zeolite Sales - Zeolite sales for the three months ended September 30, 2023 were $671,825, a decrease from $792,683 in the same period in 2022[23] - Zeolite sales for the nine months ended September 30, 2023 were $1,941,009, a decrease from $2,487,116 in the same period in 2022[23] - Zeolite revenue for the three months ended September 30, 2023 was $671,825, a 15.2% decrease compared to $792,683 for the same period in 2022[74] - Zeolite revenue decreased by $546,107 (22.0%) for the nine months ended September 30, 2023, primarily due to a 22.5% decrease in tons sold caused by equipment failure[76] - Zeolite revenue for the nine months ended September 30, 2023, decreased by 22.0% to $1,941,009 compared to $2,487,116 in 2022, primarily due to a 22.5% decrease in tons sold[76] Precious Metals Sales - Precious metals sales for the nine months ended September 30, 2023 were $242,433, an increase from $165,183 in the same period in 2022[23] - Precious metals revenue for the nine months ended September 30, 2023 was $242,433, a 46.8% increase compared to $165,183 for the same period in 2022[78] - Precious Metals segment revenue increased by $77,250 (46.8%) for the nine months ended September 30, 2023 compared to the same period in 2022[83] - Precious Metals segment revenue for the nine months ended September 30, 2023, increased by 46.7% to $242,433 compared to $165,183 in 2022[83] Financial Position - Trade accounts receivable balance was $1,390,437 at September 30, 2023, an increase from $784,457 at December 31, 2022[23] - Allowance for doubtful accounts related to trade accounts receivables was $75,000 at September 30, 2023, an increase from $31,440 at December 31, 2022[23] - Inventories at September 30, 2023 were $1,876,555, an increase from $1,375,068 at December 31, 2022[26] - Total debt as of September 30, 2023, was $241,956, with principal payments due as follows: $62,064 in 2024, $12,998 in 2025, $13,293 in 2026, and $153,601 in 2027[32] - Royalties payable decreased to $107,937 as of September 30, 2023, from $435,075 at December 31, 2022, due to the finalization of estimates and payment of a royalty obligation[35] - Total assets decreased to $30,926,730 as of September 30, 2023, from $34,700,450 at December 31, 2022[48] - Working capital decreased to $15,349,110 as of September 30, 2023, compared to $19,397,489 as of December 31, 2022[84] - Total assets as of September 30, 2023, decreased to $30,926,730 from $34,700,450 as of December 31, 2022[71] - Accumulated deficit as of September 30, 2023, increased to $(35,858,309) from $(33,070,332) as of December 31, 2022[71] Operational Performance - The company's Mexican antimony operations reported a loss from operations of $(1,465,000) for the three months ended September 30, 2023[49] - Total capital expenditures for the nine months ended September 30, 2023, were $1,519,720, with $1,275,549 allocated to zeolite operations[49] - The company's zeolite operations generated total revenues of $1,941,009 for the nine months ended September 30, 2023[49] - The company's smelter in Coahuila has a maximum processing capacity of approximately 32,600 pounds of antimony ore per day[64] - The company estimates its share of the domestic market for antimony oxide products is approximately 4%, while its international market share is less than 1%[63] - The company's zeolite has a high cation exchange capacity (CEC) of approximately 180-220 meq/100 gr, making it one of the best zeolites in the world[66] - Royalties on zeolite sales vary from 8% to 13% of sales, with additional payments required under the Zeolite LLC lease[65] Profitability - Gross profit for the three months ended September 30, 2023 was $430,918, compared to a loss of $1,061,072 for the same period in 2022[69] - Gross profit for the nine months ended September 30, 2023 was $2,285,112, compared to a loss of $1,300,595 for the same period in 2022[69] - Zeolite gross profit for the three months ended September 30, 2023 was a loss of $350,370, compared to a profit of $129,358 for the same period in 2022, representing a 370.9% decrease[74] - Precious metals gross profit for the nine months ended September 30, 2023 was $159,414, a 93.7% increase compared to $82,316 for the same period in 2022[78] - The company's net loss for the nine months ended September 30, 2023, was $(2,787,977), compared to net income of $1,190,273 for the same period in 2022[49][50] - Net loss for the three months ended September 30, 2023 was $1,644,528, a significant decline from a net income of $50,402 in the same period in 2022[81] - Company-wide EBITDA for the nine months ended September 30, 2023 was $(2,065,050), a significant decline from $1,894,533 in the same period in 2022[83] Cash Flow - Cash flow used by investing activities decreased to $1,519,720 for the nine months ended September 30, 2023, compared to $13,685,072 in the same period in 2022[86] - Cash flow used by financing activities increased by $815,699 to $857,779 for the nine months ended September 30, 2023, primarily due to the payment of dividends of $787,730 on January 25, 2023[87] - Cash flow used by financing activities increased by $815,699 to $857,779 for the nine months ended September 30, 2023, compared to $42,080 for the same period in 2022[87] Dividends and Debt - The company paid $787,730 in dividends to holders of Series D Preferred stock, with $740,261 related to the estate of John Lawrence[42] - Total debt as of September 30, 2023, is $241,956, with principal payments due as follows: $62,064 in 2024, $12,998 in 2025, $13,293 in 2026, and $153,601 in 2027[32] Legal and Regulatory - The company's updated SAT assessment as of September 30, 2023, was approximately $22 million pesos ($1,262,000 USD), comprising $343,000 of unpaid income taxes and $919,000 of interest and penalties[40] - Bear River Zeolite Company received twelve significant and substantial citations from MSHA in September and October 2023, with four citations still pending resolution[34] Asset Disposal - The company terminated the Wadley Property agreement, expecting a loss on disposal of assets of approximately $130,000 in Q4 2023[36] Market and Capacity - Ounces of gold sold for the nine months ended September 30, 2023 was 24.30, a 13.8% increase compared to 21.35 for the same period in 2022[78] - Ounces of silver sold for the nine months ended September 30, 2023 was 15,074, an 84.4% increase compared to 8,175 for the same period in 2022[78] - Tons of zeolite sold decreased by 30.9% to 2,254 tons in the three months ended September 30, 2023 compared to 3,264 tons in the same period in 2022[74]

COMMISSION FILE NUMBER 001-08675 UNITED STATES ANTIMONY CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 Or 15(d) Of The Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 ☐ Transition Report Under Section 13 Or 15(d) Of The Securities Exchange Act of 1934 For the transition period ________ to ________ (Exact name of registrant as specified in its charter) Montana 81-0305822 (State or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 Or 15(d) Of The Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 ☐ Transition Report Under Section 13 Or 15(d) Of The Securities Exchange Act of 1934 For the transition period ________ to ________ COMMISSION FILE NUMBER 001-08675 UNITED STATES ANTIMONY CORPORATION (Exact name of registrant as specified in its charter) Montana 81-0305822 (State or ...