United States Antimony (UAMY) Announces New Mining Plans

United States Antimony Corporation (NYSEAMERICAN:UAMY) is one of the 10 Best Performing Penny Stocks So Far in 2025. On July 3, United States Antimony Corporation (NYSEAMERICAN:UAMY) reported that earlier this year it had started quietly reacquiring mining claims and property next to its existing antimony smelting operations located in Sanders County, Thompson Falls, Montana.

As per the report, United States Antimony Corporation (NYSEAMERICAN:UAMY) now owns about 24 acres of surface fee simple land and holds non-patented mining rights on about 1,200 acres.

United States Antimony (UAMY) Announces New Mining Plans

A miner in a safety helmet working in an underground tunnel.

Earlier this year, after carefully reviewing the geology and history of the area and inspecting the site in and around its existing operations, the company found that there could be sufficient antimony in the three vein systems on the property to restart profitable mining activities.

United States Antimony Corporation’s (NYSEAMERICAN:UAMY) smelter, which is located next to these mines, is the only operating smelter in the United States. This makes the economics of this project very attractive.

United States Antimony Corporation (NYSEAMERICAN:UAMY) is a company focused on the production and sale of antimony, zeolite, and precious metals primarily in the US and Canada.

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Disclosure: None. This article is originally published at Insider Monkey.