Business Context and Reporting Period
Company: United States Antimony Corp (UAMY)
Filing Type: Form 8-K (Current Report)
Date of Report: April 10, 2026
Reporting Period: Event date April 10, 2026; Technical Report Summary effective date January 31, 2026.
The Company provided an operational update regarding the Fostung Project, an intermediate-stage tungsten exploration asset located in Foster Township, Sudbury District, Ontario, Canada. The project is owned by UAMY Cobalt Corporation, a wholly-owned subsidiary.
Key Financial Metrics
This filing is a Current Report on Form 8-K regarding a specific operational event and does not contain audited financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The filing text does not provide a clear value for any financial performance indicators.
Material Changes and Operational Updates
- Asset Update: Release of a Technical Report Summary (TRS) for the Fostung Tungsten Property.
- Project Scope: The property comprises 50 contiguous single-cell mining claims covering 1,109 hectares.
- Geology: Hosts a skarn-type tungsten deposit (scheelite) with associated molybdenum, copper, and silver mineralization.
- Location: Approximately 8 km southeast of Espanola and 70 km west-southwest of Sudbury, Ontario.
- Preparation: The TRS was prepared by SRK Consulting (Canada), Inc., a "Qualified Person" under Regulation S-K.
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing contains forward-looking statements regarding future performance and events. Management notes that actual results may differ materially from expectations due to various risks and uncertainties.
Risks and Contingencies:
- Standard exploration risks associated with intermediate-stage projects.
- Uncertainty regarding the realization of mineralization potential.
- Reference to risks detailed in the Company's Form 10-K, Form 10-Q, and other Form 8-K filings.
Management Commentary: The Company undertakes no obligation to revise or update forward-looking statements except as required by law.
Investor Verification Checklist
- Review the full Technical Report Summary (Exhibit 99) for detailed geological data and resource estimates.
- Verify the status of the 50 mining claims and any associated tenure or royalty obligations.
- Assess the Company's capital requirements to advance the Fostung Project from intermediate-stage exploration.
- Examine recent Form 10-K and 10-Q filings for the Company's overall liquidity and debt position, as this 8-K does not provide financial data.
- Confirm the qualifications and independence of SRK Consulting (Canada), Inc. as the Qualified Person.