United States Antimony Announces Completion of New Technical Report on Nolan Creek, Alaska Gold/Antimony Deposit
Key Highlights
- ➤$233.9M measured-and-indicated insitu antimony value identified at Nolan Creek
- ➤$79.9M measured-and-indicated insitu gold value identified at Nolan Creek
- ➤1,000-ton exploration bulk sample mining began this month for Montana processing
- ➤2027 operations target demonstrating capacity to meet Radersburg mill feed requirements
- ➤USAC plans first Alaska antimony shipment to Montana for November-December sales
Expert Statements
Gary C. Evans, Chairman and CEO of USAC
“This is another example of USAC's "fast track" approach to mining methods. Having only acquired this property earlier this year, and operating in a weather environment that is difficult at best, we will be moving approximately 1,000 tons of lode ore (antimony and gold) from the underground mine for processing to our in-house flotation mill located in Radersburg, Montana, in preparation for sales during the months of November and December this year. This shipment will represent our first antimony delivered from our exploration efforts in Alaska to Montana for processing.”
Joseph Bardswich, P.E., Executive Vice President and Chief Mining Engineer of USAC
“We were very fortunate to have acquired this quality of a property earlier this year at such a nominal price. We were successful at solving prior existing environmental issues, acquiring additional leases around the prospect, making repairs on a 7 mile road owned by the state in an effort to make it usable, acquiring and moving to the site a "man camp, contracting an experienced mining contracting firm who are already underground performing mining operations today, negotiating the transport of material to Montana during the middle of winter, with all of this done in less than 12 months! These actions are representative of the quality and perseverance of the personnel that US Antimony has attracted within our organization.”
DALLAS, TX / ACCESS Newswire / October 26, 2026 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), (NYSE:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the free world outside of China and Russia, announced today the completion of a new Technical Report defining the gold-antimony resources on its 100% owned Nolan Creek Property located in northern Alaska. The Technical Report, compliant with SEC S-K 1300 Regulations will be filed with the SEC under a Form 8-K today. This Technical Report was authored by Mr. Thomas K. Bundtzen, President of Pacific Rim Geological Consulting, Inc recognized as a Qualified Person in accordance with the S-K 1300 Regulations.
The company acquired the Nolan Creek BLM Claims through a Trustee's Sale at the Courthouse steps in a public auction on January 30, 2026, after identifying the property and region as having high potential for hosting antimony as well as gold deposits. The Nolan Creek deposit is located approximately 175 miles north of Fairbanks, Alaska. The property was previously owned by a private company who conducted exploration and mining of both placer and lode targets from both surface and from an underground operation more than twenty years ago. Management of US Antimony chose to further expand the claim package by purchasing Alaskan State Claims (shown in green below) over the wider area to capture the region's full potential. The dark grey areas represent individual placer claim holders in the area. The region was predominately open since the last commercial miner in the area abandoned the Nolan Creek region when gold prices were significantly depressed. Considering the economic potential of Nolan Creek, USAC is using $4,000/oz gold price and $8.30/lb antimony price. Currently all planned operations are within the lode claims. The existing exploration drift intersects the highest confidence material: measured and indicated. Phase 2 of the operation, after the bulk sample, will continue to target this M&I material which has a current insitu value of $233.9M from contained antimony and $79.9M from contained gold (before mining, transporting and processing costs and before recovery). (link) In 2006, the previous owner collared an exploration adit and excavated 570 linear feet of 12 foot x12 foot exploration drifts and crosscuts. These headings intercepted three parallel veins of high-grade antimony containing gold as a secondary metal
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