Project UpdateOct 26, 2026, 07:06 AM
US Antimony Completes Alaska Gold/Antimony Resource Report; Mining Underway
AI Summary
United States Antimony Corporation (USAC) has announced the completion of a new technical report summary for its Nolan Creek Property in Alaska, which is prospective for antimony and gold. The report, compliant with SEC S-K 1300 Regulations, estimates Measured & Indicated Lode Resources at $313.75 million and Inferred Lode Resources at $125.17 million, based on assumed prices of $4,000/oz for gold and $8.30/lb for antimony. Mining operations have commenced, with an initial 1,000-ton bulk sample excavation underway. The company acquired the property through a public auction in January 2026.
Key Highlights
- United States Antimony Corp. announced completion of a new technical report summary for its Nolan Creek Property in Alaska.
- The report estimates Measured & Indicated Lode Resources at $313.75M and Inferred Lode Resources at $125.17M.
- Mining operations commenced in October 2026 with an excavation of a 1,000-ton exploration bulk sample.
- The company acquired the Nolan Creek BLM Claims via public auction on January 30, 2026.
- A technical report summary titled 'Initial Assessment and Estimation of Placer Gold Lode Antimony-Gold Resources, Nolan Creek Area Wiseman District Alaska' was completed.
- The property is prospective for both antimony and gold, located approximately 175 miles north of Fairbanks, Alaska.
Price Impact
More from UAMY