UU SAC CORPORATE OVERVISAC CORPORATE OVERVIEWEW

UNITED STATES ANTIMONY

CORPORATION

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Corporate Offices and Plant, Thompson Falls, Montana

USAC is a rapidly growing natural resource company that is making a concerted effort to increase its raw material supply from Mexican operations by new mining, additional milling and smelting capacity, and third party raw material feeds.

USAC is strategically postured as a major player in the antimony market as a fully integrated producer from mine to finished product. World resources of antimony are diminishing and demand is increasing.

USAC operates smelters in Thompson Falls, Montana and at Madero, Coahuila, Mexico; a gravity and flotation mill in Guanajuato, Mexico; a property at Los Juarez, Queretaro, Mexico; and a zeolite operation at Preston, Idaho. The Company is the only significant domestic producer of antimony products.

USAC is now operating the Puerto Blanco gravity-flotation mill in Guanajuato, Mexico 20 hours per day on third party antimony mine feed. Preliminary testing has been done on the Los Juarez antimony-silver-gold property and negotiations are underway to sell the silver and gold. Production is anticipated later in Q4 2012.

USAC, with the exception of a natural gas pipeline and installation of a 500 ton per day (tpd) mill, will have finished the major CAPEX projects during Q4 2012. This includes completing the Puerto Blanco mill and doubling of the smelter capacity at Madero.

USAC became listed on the NYSE MKT under the symbol “UAMY” on May 7, 2012

USAC combined revenues through 3Q 2012 were $8,681,271.

NYSE:“UAMY”

www.usantimony.com

www.bearriverzeolite.com

Madero Smelter, Coahuila, Mexico BRZ™ zeolite mine, Preston, Idaho

WORLD PRODUCTION AND MINE RESERVES 2011 IN METRIC TONS OF METAL

(U. S. Geological Survey, Mineral Industrial Survey,

Fourth Quarter 2011).

STRATEGIC METAL Antimony is considered a “strategic metal” and wartime applications include antimony oxide used as a flame retardant in plastics and textiles for vehicles and aircraft; antimony metal used in storage batteries and in ordnance to harden lead; and antimony tri-sulfide used in bullet primers.

USES OF ANTIMONY

PRICING

Pricing of the metal is generally based on the London Metal Exchange average price C.I.F. Rotterdam per metric ton (a metric ton contains 2,204.6 pounds). Antimony oxide contains 83.1% antimony metal and it is typically the

preferred product for pricing.

SOURCE MINE PRODUCTION

2011 MINE RESERVES

Bolivia 5,000 310,000

China 150,000 950,000

Russia 3,000 350,000

South Africa 3,000 21,000

Tajikistan 2,000 50,000

Other Countries 6,000 150,000

WORLD TOTAL 169,000 1,800,000

USES PERCENTAGE

Flame retardants 36

Transportation including batteries 23

Chemicals 16

Ceramics and glass 12

Others 13

AA NTIMONYNTIMONY

BACKGROUNDBACKGROUND

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UU SAC SAC

ANTIMONY ANTIMONY

DIVISIONDIVISION

USAC has shipped 1,253,248 lbs of antimony

through 3Q 2012 resulting in $6,678,725 revenues.

EXPERIENCE AND PROPRIETARY TECHNOLOGY AND EQUIPMENT

USAC has proven experience in underground and open pit mining, flotation and gravimetric milling, crushing and screening, dry grinding, cyanide leaching, precious metal refining, pyro-metallurgy, and marketing. The Company has developed proprietary technology to smelt a variety of raw materials and remove impurities such as lead, arsenic, bismuth, mercury, sele-nium, silver, and gold.

MEXICAN ANTIMONY DEPOSITS Most of the Mexican antimony deposits are oxide ores or mixed oxide sulfide deposits. The oxides, primarily the mineral senarmontite, are recoverable by gravimetric methods, typically jigs and tables. The sulfide ores, typically the mineral stibnite, are recoverable by flotation. During World War II, the United States had relied on Mexico for antimony. Historically, Mexico was at one point the second largest producer of antimony in the world.

INVENTORY USAC has accumulated large inventories of raw materials at Madero, Puerto Blanco, and the Los Juarez property and is now planning to process and sell as much inventory as possible before the end of 2012.

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

TWELVE YEAR AVEAGE ANNUAL ANTIMONY METAL PRICE CIF U.S.A. PER METRIC TON

YEAR USD AVG/lb

2001 1,286 $0.583

2002 1,950 $0.885

2003 2,405 $1.091

2004 2,907 $1.319

2005 3,808 $1.727

2006 5,727 $2.598

2007 5,985 $2.715

2008 6,346 $2.879

2009 5,459 $2.476

2010 9,495 $4.307

2011 16,360 $7.421

2012 13,000 $5.897

LOS JUAREZ PROPERTY, QUERETARO, MEXICO

At the Los Juarez property in Queretaro, Mexico, USAC relied on a Mexican Government publication, Consejo de Recursos Minerales, Monografia Geologico-Minera del Estado de Querearo, pages74-75. The paper reported a reserve of 1,000,000 metric tons containing 253 grams per ton silver and 1.8% antimony. The deposit was interpreted as a manto (layered) deposit up to 5 meters thick. Although USAC used the report to start mining, it was disallowed by the S.E.C. as a basis for reserves. Preliminary progress includes surface mapping, analytic procedures, property acquisition, permitting, mining procedures, trucking negotiations, mill preparations, mill feed grade determinations, mill recovery, and smelting considerations.

Detailed mapping and sampling delineated jasperoid mineralization over an east-west strike length of 3.5 kilometers with a maximum width of 1 kilometer. In all cases, the silver and gold mineralization is associated with antimony. Preliminary exploration indicates that this could be a deep-seated jasperoid. Drilling and blasting is establishing faces in the jasperoids. Truckload samples have assayed approximately 2% antimony, 8 ounces of silver and 0.015 ounces of gold per ton. Presently, the Company has more than 8,000 tons of mill feed from Los Juarez. The antimony, silver, and gold are recoverable by flotation methods. The concentrate grade will be improved by depressing carbonaceous material in the feed.

Preliminary smelting has indicated good recovery and an excellent product grade.

An initial mill trial of 250 tons of dump rock from Los Juarez has been completed. The dump rock was badly diluted with soil from the mine and mud from the mill yard. The results were as follows:

MM ININGINING

Los Juarez mine face, "Minas Grande West." is one of five faces,

Los Juarez, Queretaro, Mexico.

New paved road to Los Juarez,

partially completed entire distance.

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Item Antimony Silver Gold

Range of head assays 0.47-1.12% 3.26-6.38 ounces per metric ton

0.006-0.057 ounces per metric ton

Range of tail assays 0.14-0.51% 0.47-3.33 ounces per metric ton

0.018-0.077 ounces per metric ton

Range of concentrate assays

32.5-44.4% 270.8-306.86 ounces

per metric ton 0.46-0.6 ounces per metric ton

Average grade of concentrates

38.6% 288.9 ounces

per metric ton 0.548 ounces

per metric ton

PUERTO BLANCO MILL, GUANAJUATO, MEXICO

The crushing circuit is run one shift to operate the mill for three shifts. It also includes a large pre-crusher for oversize rock from the Los Juarez deposit.

Currently, the combination flotation-gravity mill has a capacity of 150 metric tpd.

A straight oxide circuit is nearing completion that will have a capacity of 75-100 tpd that can be run simultaneously

with the flotation-gravity circuit.

The permitting and installation of a 500 metric ton per day mill owned by the Company is planned for next year. This mill will be dedicated to Los Juarez and will utilize the

present crushing circuit that is in place.

MM ILLINGILLING

Cone crusher, Puerto Blanco mill

Conveyors at crusher, Puerto Blanco mill

Ball mill Puerto Blanco mill

Pre-crusher circuit Puerto Blanco mill

Vertical shaft impactor (VSI) Puerto Blanco mill.

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Currently mill feed is from four satellite mines and from the

Los Juarez deposit.

The Company had mined a property in the late 1980s known as “Sierra Guadalupe” in the State of Zacatecas. To our knowledge, there were no documented reports of on the geology, reserves, or production. Currently, the property is being mined by a third party who is delivering 2.5 to 5% mill feed at a rate of up to 1,000 tpm. They can produce up to 3,000 tpm when underground operations are resumed. USAC

claims no reserves at this property.

USAC is sourcing mill feed and Direct Shipping Ore (DSO) for Madero from the Soyatal District in the State of Queretaro,

Mexico. The deposit was the third largest producer in Mexico.

Donald E. White (U. S. Geological Survey Bulletin 960-B, Antimony Deposits of Soyatal District, State of Queretaro, Mexico, 1948) prepared an extensive report and said that the production (p. 40) was estimated through 1943 at 25,630 metric tons of metal contained. USAC has an option to buy this

property but claims no reserves.

Puerto Blanco mill, Guanajuato, Mexico showing lined tailings pond.

SOURCE OF ANTIMONY 2008 2009 2010 2011 2012 YTD

Thompson Falls Smelter Pounds of

Antimony Contained 1,142,681 908,144 1,364,485 1,179,973 739,909

Madero Smelter Pounds of

Antimony Contained n/a 66,212 59,152 221,450 242,441

Total Pounds of Antimony 1,142,681 974,356 1,423,637 1,401,423 982,351

Gross Revenues $3706,240 $2,567,107 $6,174,062 $10,406,636 $6,678,725

Gross Profit $442,848 $505,582 $903,560 $1,556,013 $300,097

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Puerto Blanco mill flotation cell

Concentrating table, Puerto Blanco flotation-gravity circuit,

showing recovery of oxide (yellow) minerals.

THOMPSON FALLS SMELTER, MONTANA

SS MELTINGMELTING

MADERO SMELTER, COAHUILA, MEXICO USAC is in the process of doubling the smelter capacity with the goal of completion by the end of 2012. The capacity to produce will depend on the grade of the feed. With low grade 20-25% feed, the furnaces will produce 2,000 to 3,000 pounds per day (ppd) of contained antimony metal. With high-grade feed, such as flotation concentrates, the plant will produce 8,000 to 10,000 ppd of contained antimony metal. More furnaces will be added in the future if supported by market conditions.

Smelter feed is being provided by several satellite mines and also by the USAC flotation-gravity mill at Puerto Blanco.

USAC is also sourcing direct shipping ore (DSO) from the San Jose Mines near Wadley, San Luis Potosi, Mexico. The U. S. Geological Survey Bulletin 946-E, San Jose Antimony Mines Near Wadley, State of San Luis Potosi, Mexico, 1946, Donald E. White and Jenaro Gonzales R. prepared an extensive report and said the production through 1943 was 57,612 metric tons of metal contained. USAC claims no reserves at this property.

A natural gas pipeline is being installed that is intended to reduce current fuel costs by 78%. Fuel costs are second only to raw materials

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Aerial view of Antimony, Silver and Gold Smelter

The Thompson Falls smelter produces antimony ox-ide, metal, and antimony tri-sulfide from sources around the world including the Madero smelter in

Mexico.

Using antimony metal as a feed, the plant is capable

of producing 12,000,000 ppy (pounds per year) of

finished oxide.

SILVER AND GOLD

SOURCES

Silver and gold is shipped from the Thompson Falls plant from resources in Canada and Europe. PRODUCTION

Later this year our silver and gold production will begin on a much larger scale from the Los Juarez deposit in Mexico. PAYMENT

We are expecting a 92%-94% payment for new precious metal (PM) production. COSTS

The Company expects costs for PM will be minimal to include transportation and in some cases casting. Most of the historic production, that will continue, involves no cost.

SILVER / GOLD 2009 2010 2011 2012 YTD

Ounces Gold

Shipped 31.797 102.127 161.711 72.609

Ounces Silver

Shipped 6870.10 31545.22 17,472.99 16.370.15

Madero Smelter, Coahuila, Mexico

BEAR RIVER ZEOLITE (BRZ™)

www.bearriverzeolite.com

BACKGROUND.

At the Bear River Zeolite (BRZ™) operation, near Preston, Idaho, USAC began mining based on representations by George Desborough (deceased) of the U. S. Geological Survey.

The zeolite is regarded as one of the best zeolites due to its high cation exchange capacity, low sodium content, hardness, and uniformity.

ZZ EOLITE EOLITE

OPERATIONSOPERATIONS

BRZ™ open pit loading zeolite.

Raymond roller mill, BRZ™ plant, Preston, Idaho

BRZ plant, Preston, Idaho.

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MINING.

Mining is performed on open cut benches using an air track for drilling and blasting, loading with a Caterpillar 988 or excava-tor, and hauling with Cat 769 trucks.

PROCESSING PLANT.

The plant includes a conventional closed-circuit primary crusher, rotary dryers, tertiary crushing, high-frequency three-deck screens, a 6058 Raymond roller mill, blending equipment, and semi-automatic bagging equipment. The plant capacity is dependent on product sizes and blending but varies from 300 to 500 tpd.

USES.

The products are sold in the United States and throughout the world. Markets include water filtration, soil amendments, ani-mal nutrition, waste-water treatment, odor control, hydrogen sulfide gas control, nuclear remediation, pozzolan, plastic fill-ers, grout, ammonia control in underground mining operations, heavy metal and ammonia removal from water, remediation of produced water from oil and gas wells, mine remediation, and many others.

BRZ™ has shipped 9,313 tons of zeolite through 3Q 2012 resulting in $2,002,546 revenues and a gross

profit of $126,238.

Zeolite Production 2008 2009 2010 2011 2012 YTD

Tons Shipped 12,109 11,519 15,319 12,105 9,313

Average Price per Ton $131.79 $133.37 $157.71 $168.83 $215.03

Gross Revenues $1,570,747 $1,536,233 $2,415,955 $2,043,641 $2,002,546

Gross Profit ($185,981) $16,882 $470,172 $118,185 $126,238

UNITED STATES ANTIMONY CORPORATION

PO Box 643 Thompson Falls, Montana 59873

Phone: 406-827-3523 Fax: 406-827-3543

email: tfl3543@black.net

NYSE: “UAMY”

www.usantimony.com and

www.bearriverzeolite.com

UU SAC MANAGEMENT SAC MANAGEMENT

TEAMTEAM

Reclaimed tailings pond Thompson Falls, Montana

USAC is environmentally conscientious

USAC BOARD OF DIRECTORS

Gary Babbitt (Boise, Idaho)

John C. Lawrence (Thompson Falls, MT.)

Russell C. Lawrence (Deary, ID)

Hart W. Baits (Missoula, MT)

Whitney H. Ferer (Omaha, Nebraska)

Bernard J.Guarnera (Denver, Colorado)

CORPORATE OFFICERS

John Lawrence: President and CEO

Matt Keane: Director Sales

Alicia Hill; Secretary

Dan Parks: CFO

Russell C. Lawrence: Director Latin America

John C. Gustavsen: Executive Vice President

CORPORATE COUNSEL

Paul Boyd, Stoel Rives, LLP (Boise, ID.)

AUDITORS

Decoria, Maichel, & Teague (Spokane, WA.)

TRANSFER AGENT

Columbia Stock Transfer Company (Post Falls, ID)

ANTIMONY, THOMPSON FALLS, MT.

Marilyn Sink: Plant Manager

Lance Sink; Assistant Manager

Matt Keane: Director Sales

Tony Lyght: Maintenance Foreman

ZEOLITE,PRESTON,IDAHO

Angie Bengtson: Office Manager, Quality Control,

Safety Engineer

Penny Avery: Assistant Office Manager

Gerardo Sanchez: Plant Manager

Dave Cole: Mine Manager

MEXICO OPERATIONS

Russell C. Lawrence: Director

Jose Jesus Heriberto Torres Montes: Superintendent

Ricardo Martinez Aguilera: Chief Metallurgist

Rafael Morales Rivera: Flotation Mill Metallurgist

Reynaldo Angles: Mine Manager Los Juarez

Forward-Looking Statements

This presentation 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 relating 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, USAC 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 materialy are discussed in the Company’s most recent filings, including Form 10-KSB as filed with the Securities and Exchange Commission.

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