UNITED STATES ANTIMONY CORP — Form 8-K
Filed October 26, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 48/100
What the filing says
On January 30, 2026, Great Land Minerals LLC (a wholly owned USAC subsidiary) purchased 36 federal mining claims in Nolan Creek, Alaska for $1.3M via Trustee's auction. In fall 2026, USAC staked 48 additional Alaska state claims. An independent technical report by Thomas Bundtzen (qualified person) estimates: Indicated placer gold resources of 6,250 oz Au in 66,800 cu yd; Measured & Indicated lode resources of 53,616 tons grading 26.27% Sb and 0.372 oz/ton Au (19,968 oz Au); and Inferred lode resources of 32,459 tons grading 14.29% Sb and 0.362 oz/ton Au (11,752 oz Au). No mineral reserves are defined. Previous owner Silverado produced 23,150 oz placer gold (1979–2007) and conducted exploration 1979–2009; no work occurred post-2011.
Why this rating
Early-stage property acquisition with defined but non-economic resource; no reserves, no development plan; modest cost relative to company size (~$250M mkt cap); exploration upside moderate but execution risk high given remote Alaska location.
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