U.S. ANTIMONY CORPORATION(USAC)

ANNUAL SHAREHOLDERS MEETING2014

ASM 12-13-14 1

AGENDA

INTRODUCTION (John Lawrence, President and CEO)

STRATEGY

2014 ACCOMPLISHMENTS

WHERE WE ARE NOW

WHERE WE ARE GOING IN 2015 (John Lawrence)

ANTIMONY MARKET AND SALES (Matt Keane, Vice-President)

FINANCIAL CONDITION (Dan Parks, CFO)

ANTIMONY PROCESSING OPERATIONS

MINING Wadley, San Luis Potosi, Mexico (Gus Gustavsen, Vice-President)) Soyatal, Queretaro, Mexico (John Lawrence) Guadalupana, Queretaro, Mexico (John Lawrence) Miscellaneous Mines, Mexico (Russ Lawrence, Vice-President)) Los Juarez Silver-Antimony-Gold Mine, Queretaro, Mexico (Hart Baitis, Director) Guadalupe, Zacatecas, Mexico (Hart Baitis) Canada Off-Take (Gus Gustavsen) MILLING Wadley Oxide Mill, San Luis Potosi (Gus Gustavsen) Puerto Blanco Oxide Mill, Guanajuato, Mexico (Gus Gustavsen) Puerto Blanco Flotation Mill, Guanajuato, Mexico (John Lawrence) SMELTING Madero Smelter, Coahuila, Mexico (Russ Lawrence) Precious Metal Plant, Montana (Gus Gustavsen) Montana Smelter (Marilyn Sink, Plant Manager)BEAR RIVER ZEOLITEMARKET FOR UAMY (Bert Denton, Providence Capital, Inc)

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INTRODUCTIONNYSE: UAMY

1. Welcome

2. The USAC mission is to capture 50% or more of the domestic market for antimony, which is approximately 55,000,000 pounds. If we are successful, we will have sales of $110 million per year at $4.00 per pound of contained metal.

3. I will present a quick overview of:• Our strategy• Our accomplishments• Our present status• Where we are going

4. Thereafter, we will ask our Directors and Staff to report details

5. Feel free to ask questions after each topic 3

STRATEGY

1. To be in the antimony business, a Company must own or control their source of raw materials.

2. Historically, three countries were able to do this: Bolivia, Mexico and China.

3. Bolivia and Mexico dropped out of the picture due to low prices and China has assumed more than 90% of the world supply.

4. USAC was familiar with all of the Mexican antimony mines that had placed Mexico as the world’s second largest producer prior to their shutdown.

5. First, USAC tied up all the significant properties.

6. Second, USAC upgraded its old smelter at Mexico.

7. Third, USAC constructed a flotation and oxide mill at Puerto Blanco and an oxide mill at Wadley, Mexico.

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ACCOMPLISHMENTS IN 2014

1. The Company achieved an all time 9-month record production of 1,358,518 pounds with an estimated 1.8 million pounds for the full year.

2. From Q2 until Q3, antimony sales increased 59% from 332,106 pounds to 529,129 pounds due to an increase in the Canadian off-take contract.

3. Mexican production increased by more than 61% during this same time period from 96,724 pounds to 156,348 pounds due to additional furnace capacity.

4. Four new furnaces were added to the Madero smelter by early Q4 at a cost of $600,000. They will increase our Mexican production by 50%.

5. The natural gas line at our Madero smelter was connected during the later part of Q3 at a cost of approximately $1,800,000. This will reduce our costs for fuel by approximately $.70 per pound for the Mexico production, and approximately $.25 per pound for our total company wide production.

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PRESENT STATUS

1. We have entered an agreement with Hillgrove Mines of Australia to purchase, process and sell a 60% antimony concentrate that contains 20 grams of gold. This would amount to 3,000,000 pounds of antimony and 1,500 ounces of gold per year. There is a provision in the contract that will allow Hillgrove to triple their off-take to USAC.

2. We have developed a process to make a high recovery of the silver and gold from Los Juarez concentrates.

3. We are negotiating an Agreement to supply the oil and gas industry more than 12,000 tons minimum per year of BRZ zeolite which will double production.

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WHERE WE ARE GOING IN 2015

1. The poor commodities market presents huge opportunities for USAC to economically purchase antimony reserves, and mining and milling equipment.

2. Our Canadian off-take agreement should provide approximately 1,200,000 pounds of contained antimony during 2015.

3. Mexican production should provide 1,000,000 pounds per year and is growing fast due to increased production and higher grade furnace feed.

4. The Los Juarez leach plant is expected to be permitted, installed and operating by the second half of 2015, and will mark the beginning of precious metal (PM) production .

5. Once the leach plant is smooth and the 150 tpd mill reaches capacity, the 500 tpd mill will be completed at Puerto Blanco.

6. Hillgrove production should start in Q1 2015 and reach annualized production of 3,000,000 tpy with 1500 ounces of gold. This could triple by the end of the year.

7. During 2015 we are planning to produce 4,500,000 to 5,000,000 pounds of antimony versus 1.8 million pounds this year. Another record of antimony production is anticipated in 2016.

8. BRZ should double production in 2015 by making sales to the oil and gas industry. 7

Corporate Offices and Plant, Thompson Falls, Montana 8

Corporate Offices, Thompson Falls, Montana9

ANTIMONY MARKET AND SALES (Matt Keane)

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SALES OF ANTIMONY

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SALES OF ZEOLITE

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MEXICO MINING OPERATIONS

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ANTIMONY FLOW DIAGRAM

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Wadley Mine, San Luis Potosi, Mexico: General Labor Buscones

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Wadley aerial tramway

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Wadley Mine Ore Truck, SLP

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Soyatal Mine DSO (direct shipping ore) Queretaro, Mexico

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SOYATAL MLL REPORT, QUERETARO, MEXICO

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Guadalupana Mine, QRO, Mexico Crew

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GUADALUPANA CONCENTRATES, ZACETECAS, MEXICO

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GUADALUPANA MILLING REORT, ZACETECAS, MEXICO

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Los Juarez From Below, Queretaro, Mexico

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Los Juarez Concessions, Queretaro, Mexico24

Concesiones del Grupo

West End, Los Juarez, Queretaro, Mexico

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Miners, Mina Grande, Los Juarez, Queretaro, Mexico

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Los Juarez Mine, Reynaldo Pit, Queretaro, Mexico

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Grupo, Mexico, Los Juarez, Queretaro, Mexico

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Folding in Limestone, Guadalupe, Zacetecas, Mexico

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Santa Monica Mine, Guadalupe, Zacetecas, Mexico

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Guadalupe Mine, Zacetecas, Mexico

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Guadalupe Stopes, Zacetecas, Mexico

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Guadalupe Stopes, Zacetecas, Mexico

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Miner, Guadalupe, Zacetecas, Mexico

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Wadley Mill, San Luis Potosi, Mexico

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Wadley Concentration Tables, SPP, Mexico

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Wadley Oxide Mill, San Luis Potosi, Mexico, Mexico

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Primary Crusher, Puerto Blanco Mill, Guanajuato, Mexico

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Puerto Blanco Mill, Oxide Concentration Table, Guanajuato, Mexico

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Puerto Blanco Mill, Aerial View, Guanajuato, Mexico

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150 Ton Ball Mill, Puerto Blanco Mill, Guanajuato, Mexico

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Puerto Blanco Flotation Mill Froth, Guanajuato, Mexico

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Natural Gas City Gate, Madero Smelter, Coahuila, Mexico

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Madero Smelter 2013, Coahuila, Mexico

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2014 Madero Smelter, Coahuila, Mexico 45

150’ High Stack, Madero Smelter, Coahuila, Mexico 46

Scrubber, Madero Smelter, Coahuila, Mexico 47

Mixing Furnace Charges, Madero Smelter, Coahuila, Mexico

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USAC Precious Metals Plant, Thompson Falls, Montana

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ZEOLITE SALES BY CATEGORY

Animal Feed

Water Filtration

Soil Amendment

Traction

Air Filtration

Synthetic Turf

Odor Control

Absorption

Pest Control

Litter

Pigment

Distribution

Home and Misc.

Oil Well

Remediation

41.46%

18.34%

14.85%

9.02%

8.68%

0..83%

1.38%

0..65%

0.25%

0.35%

0.08%

0.33%

1.41%

2.06%

0.50%

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ZEOLITE PROCESS FACILITY

BRZ Pit, Preston, Idaho

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BRZ Pit, Preston, Idaho

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BRZ Raymond Mill, Preston, Idaho

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Triple Derrick, Killdeer, North Dakota

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Invest Mud Bakken, North Dakota

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BRZ On Invest Drill Mud Bakken, North Dakota

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Reclaimed tailings area, Thompson Falls, Montana. USAC is environmentally conscientious.

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