United States Antimony Corporation announced on January 21, 2025, that it has completed contract negotiations and entered into an exclusive option agreement to acquire a 100% ownership interest in a third group of strategically located antimony mining claims in Alaska.
This new agreement covers 120 state mining claims, encompassing approximately 17,900 acres. The claims are known to contain significant Stibnite antimony mineral potential, based on results from historic exploration programs conducted by major companies and the current claim owner.
This acquisition further expands UAMY's land position in Alaska, reinforcing its commitment to developing domestic sources of critical minerals. The focus on state mining claims aims to mitigate permitting risks often associated with federal properties.
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