In Montana, an antimony tri-sulfide plant has been completed to supply the U.S. military and private demand for antimony tri-sulfide used in ammunition primers. Currently, the U.S. sources this strategic compound from China.
Revenues from zeolite sales at the Company’s BRZ operation for the first half of 2012 were $1,466,040 up 70% from those during the first half of 2011 that were $862,865.
John Lawrence, Chief Executive Officer, commented, “After eight years and $7,194,258, the Company is starting production at its Los Juarez antimony, silver, and gold property. This should significantly increase USAC’s antimony, silver and gold production.”
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. 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-KSB with the Securities and Exchange Commission.