THOMPSON FALLS, Mont.--(BUSINESS WIRE)--United States Antimony Corporation (“USAC”, OTCBB “uamy.ob”) announced
that Bear River Zeolite Co., Inc (“BRZ”), a wholly owned subsidiary, was
issued a purchase order by West Valley Environmental Services, LLC, a
contractor to the Department of Energy, to supply a minimum of 1,500
metric tons of BRZ zeolite for remediation of radioactive isotopes from
the former Western New York Nuclear Service Center (WNYNSC). Between
1966 and 1972 WNYNSC reprocessed 705 tons of spent nuclear fuel and
generated 660,430 gallons of “high level nuclear waste” that has in part
leaked into the environment. The BRZ zeolite will be placed in a three
to four foot wide trench that will be an “engineered barrier” to the
migration of radioactive isotopes in the groundwater. See http://www.westvalleyeis.com/final/EIS-0226_F-Summary.pdf.
BRZ zeolite is a natural occurring volcanic mineral that is mined in
southeastern Idaho by the Company. The mineral removes radioactive
isotopes from water by exchanging them in the mineral lattice where they
are held and are no longer water-soluble. The use of zeolites for
nuclear remediation has long been recognized. Some 400,000 metric tons
of zeolite were used for the remediation of the Chernobyl nuclear site
in Russia. The BRZ zeolite was chosen over other zeolites due to its
high purity, its high capacity to exchange with the radioactive
isotopes, and its low clay content that makes it more resilient to
weathering.
USAC also reports that revenues from antimony and BRZ zeolite sales for
the first two months of 2010 are robust compared to those of 2009.
Forward Looking Statements:
This Press Release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 that are based upon current
expectations or beliefs, as well as a number of assumptions about future
events, including matters related to the Company's operations,
pending contracts and future revenues. Although the Company believes
that the expectations reflected in the forward-looking statements and
the assumptions upon which they are based are reasonable, it can give no
assurance that such expectations and assumptions will prove to have been
correct. The reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to numerous
factors and uncertainties. In addition, other factors that could cause
actual results to differ materially are discussed in the Company's most
recent filings, including Form 10-KSB with the Securities and Exchange
Commission.