@msant531 No news per se…spot antimony price continues to drop and shorts in control here. $UAMY has $108mm in cash and a stock #buyback not out of the question here!
$UAMY United States Antimony Announces Utilization of AI Technology into Certain Mining Projects Los Juarez Silver Mine (Mexico) is First Company Project
DALLAS, TX / ACCESS Newswire / July 15, 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 world outside of China and Russia, announced today that after researching and reviewing the top AI companies who are specialists in the hard rock mining space this year, a specific firm has been contracted to work on one of USAC’s in-house existing mining projects, the Los Juarez Silver Mine located in Queretaro, Mexico. Historical data is reprocessed utilizing modern and compressed timelines from months and years to weeks. The overall purpose of this new contract assignment is to reduce overall risk and expedite the potential of production at certain of USAC’s mining properties.
Los Juarez (Silver)
This particular property is a legacy asset of USAC and is located in Queretaro, Mexico. While the silver mine is not presently active, there is a tremendous amount of geological and raw data support for the significance of this deposit. The Company is presently in negotiations with other silver mine companies who are presently active in Mexico with similar properties that have a high degree of interest in acquiring Los Juarez. The negotiations include stock ownership in the acquirer, royalty ownership, and property participation or a combination thereof with these parties. The purpose of the AI work currently being conducted is to “high grade” the asset and its future potential, especially in light of near record high silver prices being experienced in the market today.
Commenting on this announcement today, Mr. Gary C. Evans, Chairman and CEO of USAC, stated, “As we continue to perform as one of the most agile and fast movers in opening up new active mining claims which are typically older mining claims located in North America, whether it be our Montana antimony mining interests, our Alaska mining claims, our Canadian operations or a hidden jewel like Los Juarez in Mexico, we want to use every available tool in our toolbox to utilize new technology and stay ahead of our competition. AI technology is now another one of those tools we will be actively utilizing in the future. When you look at all the data we have assembled over the years on each of these properties, whether it be geological or geophysical work product, gravity surveys, miner logs and notes, satellite imagery, resource reports, assays, laboratory tests, etc., the proper use of AI is a game changer. It can take this magnitude of data and quickly assemble the information in a manner that gives our highly experienced geologists and engineers a much faster and higher probabilistic review of the potential of each project that will then allow for quick decision making, which should in-turn accomplish higher success rates. AI is not the all-in answer, but if used properly, the technical use of it can change our way of doing business that adds significant immediate value to our shareholders. The question is no longer whether AI will change the world, but how quickly its potential will translate into measurable changes in how we conduct business.”
"And I think next year, this time this will be really focused on payments."
Hear more from Jody Mettler, COO of @BitGo, as she shares the importance of being the first digital asset IPO of 2026 and more at @money2020 Europe in Amsterdam. $BTGO
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