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U. S. Antimony Reports 2012 Financials

United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reports a loss of $558,536 after the provision for income taxes of $167,107 on sales of $12,042,702. The loss was primarily attributed to additional expenses of Mexican operations due to commencement of major mining, milling and smelter facilities and to a price fall of $1.19 per pound of antimony.

Following is a schedule of antimony sales:
    Lbs of     Lbs of Metal    
Year     Oxide     Contained     $
2012     1,701,032     1,403,210     $ 8,753,449
2011     1,679,355     1,401,423     $ 10,406,636
2010     1,679,042     1,393,604     $ 6,174,062

Following is a schedule of our precious metals sales:
Silver/Gold     2009     2010     2011     2012
Ounces Gold Shipped (Au)       31.797       101.127       161.711       102.319
Ounces Silver Shipped (Ag)       6,870.10       31,545.22       17,472.99       20,237.70
Total Revenues     $ 39,494     $ 483,307     $ 667,813     $ 647,554

Although our sales volume of zeolite in 2012 was similar to 2011, our average sales price per ton increased by $43.76, from $168.83 per ton to $212.59 per ton, an increase of 25.9%. During 2012, sales of zeolite increased $598,058 and the gross profit increased from $118,185 in 2011 to $361,961 in 2012.

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