United States Antimony (UAMY) shares rose more than 2% overnight after a new technical assessment valued the measured and indicated resources at its Nolan Creek gold-antimony property in Alaska at over $314 million, with inferred resources worth over $125 million. The estimates use gold at $4,000 per ounce and antimony at $8.30 per pound; within the measured and indicated category, antimony accounts for $233.9 million and gold for $79.9 million. The company bought the Bureau of Land Management claims at a public trustee sale on Jan. 30 and is extracting an exploratory bulk sample of about 1,000 tons underground, with possible production in 2027. CEO Gary C. Evans said the ore will be moved to the company's Radersburg, Montana, flotation mill ahead of sales in November and December. On Stocktwits, retail sentiment stayed bearish, and the stock is down 43% year to date.
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- United States Antimony Announces Completion of New Technical Report on Nolan Creek, Alaska Gold/Antimony Deposit
United States Antimony (NYSE: UAMY) has completed a new technical report under SEC S-K 1300 defining gold-antimony resources at its 100%-owned Nolan Creek property in northern Alaska, to be filed with the SEC on Form 8-K. Measured and Indicated resources are valued at over $314 million and Inferred resources at over $125 million, using a $4,000/oz gold price and $8.30/lb antimony price, before mining, transport and processing costs. The company acquired the claims through a Trustee's Sale on January 30, 2026, and began mining an exploration bulk sample of about 1,000 tons this month. It aims to show in the first half of 2027 that the site can fully meet feed capacity for its Radersburg, Montana mill.
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