United States Antimony (UAMY) 10-Q 9 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 09, 2015
Document And Entity Information
Entity Registrant Name	UNITED STATES ANTIMONY CORP
Entity Central Index Key	101,538
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		66,316,278
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 203,324	$ 123,683
Certificates of deposit	250,414	249,147
Accounts receivable, net	757,444	454,674
Inventories	2,210,028	1,433,539
Other current assets (note 6)	313,751	42,626
Total current assets	3,734,961	2,303,669
Properties, plants and equipment, net	15,883,827	13,511,803
Restricted cash for reclamation bonds	75,755	75,754
Other assets	15,484	653,805
Total assets	19,710,027	16,545,031
Current liabilities:
Accounts payable	2,016,380	1,821,673
Due to factor	272,889	13,314
Accrued payroll, taxes and interest	137,292	135,245
Other accrued liabilities	109,577	38,811
Payables to related parties	34,942	8,357
Deferred revenue	212,718	115,962
Note payable to bank (Note 7)	92,502	0
Long-term debt, current	215,824	159,278
Total current liabilities	3,092,124	2,292,640
Long-term debt, net of discount	1,665,749	715,328
Hillgrove advances payable	1,175,751	161,339
Stock payable to directors for services	112,500	125,000
Asset retirement obligations and accrued reclamation costs	259,043	255,190
Total liabilities	$ 6,305,167	$ 3,549,497
Commitments and contingencies (Note 4 and 6)
Stockholders' equity:
Preferred stock $0.01 par value, 10,000,000 shares authorized: Series A: -0- shares issued and outstanding	$ 0	$ 0
Series B: 750,000 shares issued and outstanding (liquidation preference $900,000 and $892,500, respectively)	7,500	7,500
Series C: 177,904 shares issued and outstanding (liquidation preference $97,847)	1,779	1,779
Series D: 1,751,005 shares issued and outstanding (liquidation preference $4,837,880 and $4,796,731, respectively)	17,509	17,509
Common stock, $0.01 par value, 90,000,000 shares authorized; 66,316,278 and 66,027,453 shares issued and outstanding, respectively	663,162	660,274
Additional paid-in capital	35,890,733	35,740,671
Notes receivable from stock sales	0	(150,000)
Accumulated deficit	(23,175,823)	(23,282,199)
Total stockholders' equity	13,404,860	12,995,534
Total liabilities and stockholders' equity	$ 19,710,027	$ 16,545,031

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Stockholders' equity:
Series A Preferred stock, par value	$ 0.01	$ 0.01
Series A Preferred stock, authorized shares	10,000,000	10,000,000
Series A Preferred stock, issued shares	0	0
Series A Preferred stock, outstanding shares	0	0
Series B Preferred stock, par value	$ 0.01	$ 0.01
Series B Preferred stock, authorized shares	10,000,000	10,000,000
Series B Preferred stock, issued shares	750,000	750,000
Series B Preferred stock, outstanding shares	750,000	750,000
Series B liquidation preference	$ 900,000	$ 892,500
Series C Preferred stock, par value	$ 0.01	$ 0.01
Series C Preferred stock, authorized shares	10,000,000	10,000,000
Series C Preferred stock, issued shares	177,904	177,904
Series C Preferred stock, outstanding shares	177,904	177,904
Series C liquidation preference	$ 97,847	$ 97,847
Series D Preferred stock, par value	$ 0.01	$ 0.01
Series D Preferred stock, authorized shares	10,000,000	10,000,000
Series D Preferred stock, issued shares	1,751,005	1,751,005
Series D Preferred stock, outstanding shares	1,751,005	1,751,005
Series D liquidation preference	$ 4,837,880	$ 4,796,731
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	90,000,000	90,000,000
Common stock, issued shares	66,316,278	66,027,453
Common stock, outstanding shares	66,316,278	66,027,453

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
REVENUES	$ 3,505,452	$ 2,951,457	$ 9,853,127	$ 8,173,914
COST OF REVENUES	(3,273,324)	(3,221,717)	(9,632,616)	(8,635,571)
GROSS PROFIT (LOSS)	232,128	(270,260)	220,511	(461,657)
OPERATING EXPENSES:
General and administrative	334,617	220,150	901,460	672,373
Professional fees	45,947	51,595	188,319	169,918
Gain on liability adjustment (Note 3)	0	0	(914,967)	0
Hillgrove deferred revenue (Note 9)	(43,388)	0	(101,527)	0
Gain on sale of equipment	0	0	(5,200)	(5,450)
TOTAL OPERATING EXPENSES	337,176	271,745	68,085	836,841
INCOME (LOSS) FROM OPERATIONS	(105,048)	(542,005)	152,426	(1,298,498)
OTHER INCOME (EXPENSE):
Interest income	2,059	3,038	6,535	5,827
Interest expense	0	(348)	0	(1,110)
Uncollectible accounts	(18,668)	0	(18,668)	0
Factoring expense	(14,233)	(20,014)	(33,917)	(47,990)
TOTAL OTHER EXPENSE	(30,842)	(17,324)	(46,050)	(43,273)
INCOME (LOSS) BEFORE INCOME TAXES	(135,890)	(559,329)	106,376	(1,341,771)
INCOME TAX EXPENSE	0	0	0	0
NET INCOME (LOSS)	$ (135,890)	$ (559,329)	$ 106,376	$ (1,341,771)
Preferred dividends	$ (12,162)	$ (12,162)	$ (36,487)	$ (36,487)
Net income (loss) available to common stockholders	$ (148,052)	$ (571,491)	$ 69,889	$ (1,378,258)
Net loss per share of common stock:
Basic	$ 0	$ (0.01)	$ 0	$ (0.02)
Diluted	$ 0	$ (0.01)	$ 0	$ (0.02)
Weighted average shares outstanding:
Basic	66,248,887	65,689,496	66,170,495	64,125,977
Diluted	66,248,887	65,689,496	66,333,689	64,125,977

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows From Operating Activities:
Net (income) loss	$ 106,376	$ (1,341,771)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization expense	664,775	562,130
Gain on sale of asset	(5,200)	(5,450)
Write off of uncollectible other asset	18,668	0
Hillgrove deferred revenue	(101,527)	0
Gain on liability adjustment	(914,967)	0
Accretion of asset retirement obligation	3,853	(3,600)
Common stock issued to directors for services	0	0
Common stock issued for services	57,950	39,000
Change in:
Accounts receivable, net	(302,770)	(409,525)
Inventories	(776,489)	(98,145)
Other current assets	(291,060)	(19,729)
Other assets	63,722	(55,139)
Accounts payable	1,109,674	140,261
Due to factor	259,575	148,571
Accrued payroll, taxes and interest	2,047	(14,877)
Other accrued liabilities	34,147	(14,755)
Stock payable to directors for services	112,500	0
Deferred revenue	198,283	(68,623)
Payables to related parties	26,585	13,059
Net cash provided by operating activities	266,142	(1,128,593)
Cash Flows From Investing Activities:
Purchase of properties, plants and equipment	(1,349,234)	(1,315,846)
Cash received for sale of equipment	5,200	0
Net cash used by investing activities	(1,344,034)	(1,315,846)
Cash Flows From Financing Activities:
Proceeds from issuance of long term debt	0	130,000
Net proceeds from sale of common stock and exercise of warrants	120,000	3,070,134
Proceed from notes to bank	92,502	0
Proceed from Hillgrove advances	1,014,412	0
Principal payments on notes payable to bank	0	(138,520)
Principal payments on long-term debt	(69,381)	(99,344)
Net cash provided by financing activities	1,157,533	2,962,270
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	79,641	517,831
Cash and cash equivalents at beginning of period	123,683	20,343
Cash and cash equivalents at end of period	203,324	538,174
Noncash investing and financing activities:
Properties, plants and equipment acquired with long-term debt	1,076,348	19,040
Properties, plants and equipment with accrued liability	36,619	0
Properties, plants and equipment acquired with other long term assets	1,076,348	0
Common stock issued for debt payment	0	330,000
Equipment sold for note receivable	0	10,000
Common stock issued to directors	125,000	150,000
Common stock issued for notes receivable	$ 0	$ 150,000

1. Basis of Presentation

1. Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	The unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, as well as the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting of only normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and nine month periods ended September 30, 2015 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2015. Certain consolidated financial statement amounts for the three and nine month periods ended September 30, 2014, have been reclassified to conform to the 2015 presentation. These reclassifications had no effect on the net income (loss) or cash flows or accumulated deficit as previously reported. For further information refer to the financial statements and footnotes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. During the nine months ended September 30, 2015 and 2014, the Company incurred interest expense of $57,169 and $68,986, respectively, of which $56,987 and $67,876, respectively, has been capitalized as part of the cost of construction projects in Mexico.

2. Income (Loss) Per Common Sha

2. Income (Loss) Per Common Share	9 Months Ended
	Sep. 30, 2015
Net loss per share of common stock:
Income (Loss) Per Common Share	Basic earnings per share is calculated by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated based on the weighted average number of common shares outstanding during the period plus the effect of potentially dilutive common stock equivalents, including warrants to purchase the Company's common stock and convertible preferred stock. Warrants equal to common stock equivalents of 163,194 shares have been added to the weighted average shares of outstanding common stock of 66,170,495 at September 30, 2015, to determine the diluted income per share for the nine months ended September 30, 2015. Management has determined that the calculation of diluted earnings per share for the quarter ended September 30, 2015 and the three and nine month periods ended September 30, 2014, is not applicable since any additions to outstanding shares related to common stock equivalents would be anti-dilutive. As of September 30, 2015 and 2014, the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive are as follows: For the Nine Months Ended September 30, 2015 September 30, 2014 Warrants 831,657 Convertible preferred stock 1,751,005 1,751,005 Total possible dilution 1,751,005 2,582,662

3. Inventories

3. Inventories	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories at September 30, 2015 and December 31, 2014, consisted primarily of finished antimony products, antimony metal, antimony ore, and finished zeolite products that are stated at the lower of first-in, first-out cost or estimated net realizable value. Finished antimony products, antimony metal and finished zeolite products costs include raw materials, direct labor and processing facility overhead costs and freight. Inventory at September 30, 2015 and December 31, 2014, is as follows: September 30, 2015 December 31, 2014 Antimony Metal $ 145,229 $ 40,352 Antimony Oxide 181,605 718,982 Antimony Concentrates 945,551 33,545 Antimony Ore 732,642 447,262 Total antimony 2,005,027 1,240,141 Zeolite 205,001 193,398 $ 2,210,028 $ 1,433,539 During the first quarter of 2015 the Company discovered it had been overcharged for raw material purchases from a vendor. The Company brought the matter to the vendor’s attention and received a $914,967 credit to accounts payable due the vendor that has been recorded as gain on liability adjustment during the nine months ended September 30, 2015.

4. Accounts Receivable and Due

4. Accounts Receivable and Due to Factor	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Accounts Receivable and Due to Factor	The Company factors designated trade receivables pursuant to a factoring agreement with LSQ Funding Group L.C., an unrelated factor (the “Factor”). The agreement specifies that eligible trade receivables are factored with recourse. We submit selected trade receivables to the factor, and receive 83% of the face value of the receivable by wire transfer. The Factor withholds 15% as retainage, and 2% as a servicing fee. Upon payment by the customer, we receive the remainder of the amount due from the factor. The 2% servicing fee is recorded on the consolidated statement of operations in the period of sale to the factor. John Lawrence, CEO, is a personal guarantor of the amount due to Factor. Trade receivables assigned to the Factor are carried at the original invoice amount less an estimate made for doubtful accounts. Under the terms of the recourse provision, the Company is required to reimburse the Factor, upon demand, for factored receivables that are not paid on time. Accordingly, these receivables are accounted for as a secured financing arrangement and not as a sale of financial assets. The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts. We present the receivables, net of allowances, as current assets and we present the amount potentially due to the Factor as a secured financing in current liabilities. Accounts Receivble September 30, 2015 December 31, 2014 Accounts receivable - non factored $ 488,586 $ 445,391 Accounts receivable - factored with recourse 272,889 13,314 less allowance for doubtful accounts (4,031 ) (4,031 ) Accounts receivable - net $ 757,444 $ 454,674

5. Mineral Properties

5. Mineral Properties	9 Months Ended
	Sep. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Mineral Properties	Guadalupe On March 7, 2012 and on April 4, 2012 the Company entered into a supply agreement and a loan agreement, respectively, (“the Agreements”) with several individuals collectively referred to as ‘Grupo Roga’ or ‘Guadalupe.’ During the term of the supply agreement the Company funded certain of Guadalupe’s equipment purchases, tax payments, labor costs, milling and trucking costs, and other expenses incurred in the Guadalupe mining operations for approximately $112,000. In addition to the advances for mining costs, the Company purchased antimony ore from Guadalupe that failed to meet agreed upon antimony metal recoveries and resulted in approximately $475,000 of excess advances paid to Guadalupe. The Agreements with Guadalupe granted the Company an option to purchase the concessions outright for $2,000,000. On September 29, 2015, the Company notified the owners of Guadalupe that it was exercising the option to purchase the Guadalupe property. The option exercise agreement allowed the Company to apply all amounts previously due the Company (the “Purchase Price Credits”) by Grupo Roga of $586,892 to the purchase price consideration, resulting in a net obligation for the purchase of the Guadalupe mine of $1,413,107. The Company is obligated to make annual payments that vary from $60,000 to $149,077 annually through 2026. The debt payable for the Guadalupe mine is non-interest bearing. On September 29, 2015, the Company recorded the debt and the related Guadalupe mine asset by determining the net present value of the contractual stream of payments due using a 6% discount rate. The resulting discount on the Guadalupe debt was $440,385 at September 30, 2015, and is netted against the debt payable resulting in a carrying amount of $972,721. At September 30, 2015, the Company had made a $5,000 payment toward this note and the balance was $967,721. The discount is being amortized to interest expense using the effective interest method over the life of the debt. Soyatal On October 30, 2009, the Company entered into a supply agreement with the owners of the Soyatal concessions similar to that of Guadalupe. During the term of the supply agreement the Company funded certain of Soyatal’s equipment purchases, tax payments, labor costs, milling and trucking costs, and other expenses incurred in the Soyatal mining operations for approximately $140,000. In addition to the advances for mining costs, the Company purchased antimony ore from Soyatal that failed to meet agreed upon antimony metal recoveries and resulted in approximately $320,000 of excess advances paid to Soyatal. On April 4, 2012, the Company negotiated an option to purchase the Soyatal properties for $1,500,000, and made a deposit on the option of $55,000. On August 5, 2013, the Company notified the owners of Soyatal that it was exercising the option to purchase the Soyatal property. The option exercise agreement allowed the Company to apply all amounts previously due the Company (the “Purchase Price Credits”) by Soyatal of $420,411 to the purchase price consideration. At December 31, 2013, the Company had Purchase Price Credits of approximately $325,000 which can be used as payments on the obligation at the rate of $100,000 per year until gone. The Company is obligated to make payments of $200,000 annually through 2020, and a final payment of $100,000 is due in 2021. The debt payable for the Soyatal mine is non-interest bearing. In 2013, the Company recorded the debt and the related Soyatal mine asset by determining the net present value of the contractual stream of payments due using a 6% discount rate. The resulting discount on the Soyatal debt was approximately $212,000 at December 31, 2013, and is netted against the debt payable resulting in a discounted amount of $762,541 at December 31, 2013. The discount is being amortized to interest expense using the effective interest method over the life of the debt. During 2014, $45,752 of the discount was amortized to the Soyatal debt, resulting in a discounted amount owed of $808,293 and a remaining debt discount of approximately $166,248 at December 31, 2014. The Company agreed to pay the Soyatal debt holder $100,000 during 2014 as part of the down payment agreement, and at September 30, 2015, this debt had been paid. In addition, the Company did not make the $100,000 payment due in January of 2015. The Company has been making payments of $5,000 per month that have been informally agreed to by the parties while the future payment terms of the Soyatal debt are negotiated. These payments, which were recorded as reductions to the obligation the Company agreed to pay in 2014 as noted above, have been recorded as reductions of long term debt once the 2014 agreement was satisfied.

6. Commitments and Contingencie

6. Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	In 2005, Antimonio de Mexico S.A. de C.V. (“AM”) signed an option agreement that gives AM the exclusive right to explore and develop the San Miguel I and San Miguel II concessions for annual payments. Total payments will not exceed $1,430,344, reduced by taxes paid. During the nine months ended September 30, 2015 and the year ended December 31, 2014, $100,000 and $200,000, respectively, was paid and capitalized as mineral rights in accordance with the Company’s accounting policies. At September 30, 2015, the following payments are scheduled: $91,739 on December 15, 2015. In June of 2013, the Company entered into a lease to mine antimony ore from concessions located in the Wadley Mining district in Mexico. The lease calls for a mandatory term of one year and requires payments of $34,800 per month. The lease is renewable each year with a 15 day notice to the lessor, and agreement of terms. The lease was renewed in June of 2015. From time to time, the Company is assessed fines and penalties by the Mine Safety and Health Administration (“MSHA”). Using appropriate regulatory channels, management may contest these proposed assessments, and has no accrued liabilities as of September 30, 2015, and December 31, 2014, respectively, related to these settled claims. During the first quarter of 2015, the Company discovered that our IMMEX certification had expired and that the Company would be required to renew it. Without the IMMEX certification, the Company was required to pay the national sales tax of 16% on all items that the Company imports into Mexico, including capital items and the concentrates from Hillgrove of Australia. IMMEX requires that the Company export a minimum of 60% of everything that is imported into Mexico. The Company has met this requirement at this time. At September 30, 2015, the Company had paid in approximately $354,000, and had applied approximately $101,000 for payment of other Company taxes, leaving a net amount of approximately $253,000 included in other current assets, on deposit with the Mexican tax authorities. The Company believes that this will either ultimately be refunded, or applied to reduce other tax liabilities. The Company’s accountants and attorneys in Mexico are working on the refund application.

7. Note Payable to Bank

7. Note Payable to Bank	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Note Payable to Bank	During 2012, the Company negotiated a new credit facility increasing the Company’s lines of credit by $202,000. As part of this agreement, the Company has pledged two $101,000 certificates of deposit as collateral. The increased loan facility allows us access to borrowings at an interest rate of 5.0% for the portion of the credit line used. At September 30, 2015, we had drawn $92,502, which was reported as notes payable to bank. These notes are personally guaranteed by John C. Lawrence the Company’s President and Chairman of the Board of Directors. At September 30, 2015 and December 31, 2014, the Company had the following note payable to the bank: September 30, December 31, 2015 2014 Promissory note payable to First Security Bank of Missoula, bearing interest at 5.0%, maturing February 27, 2016, payable on demand, collateralized by a lien on Certificate of Deposit number 48615 $ 92,502 $ 0 Total note payable to bank $ 92,502 $ 0

8. Long-Term Debt

8. Long-Term Debt	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Long - Term Debt	Long-Term debt at September 30, 2015 and December 31, 2014, is as follows: September 30, December 31, 2015 2014 Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. $ 30,157 $ - Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. 6,660 10,245 Note payable to Western States Equipment Co., bearing interest at 6.15%; payable in monthly installments of $2,032; maturing June 2015; collateralized by equipment. - 11,977 Note payable to BMT Leasing, bearing interest at 13.38%; payable in monthly installments of $786; maturing December 2015; collateralized by equipment. 1,767 9,254 Note payable to Catepillar Financial, bearing interest at 5.95%; payable in monthly installments of $827; maturing September 2015; collateralized by equipment. - 8,051 Note payable toDe Lage Landen Financial Services, bearing interest at 5.30%; payable in monthly installments of $549; maturing March 2016; collateralized by equipment. 3,244 7,951 Note payable to De Lage Landen Financial Services, bearing interest at 5.12%; payable in monthly installments of $697; maturing December 2014; collateralized by equipment. - 689 Note payable to De Lage Landen Financial Services, bearing interest at 3.51%; payable in monthly installments of $655; maturing September 2019; collateralized by equipment. 28,731 - Note payable to Phyllis Rice, bearing interest at 1%; payable in monthly installments of $2,000; maturing March 2015; collateralized by equipment. 14,146 18,146 Obligation payable for Soyatal Mine, non-interest bearing, annual payments of $100,000 or $200,000 through 2019, net of discount. 829,146 808,293 Obligation payable for Guadalupe Mine, non-interest bearing, annual payments from $60,000 to $149,078 through 2026, net of discount. 967,722 - 1,881,573 874,606 Less current portion (215,824 ) (159,278 ) Long-term portion $ 1,665,749 $ 715,328 At September 30, 2015, principal payments on debt are due as follows: Year Ending September 30, 2016 $ 215,824 2017 93,345 2018 189,889 2019 273,635 2020 282,544 2021 199,498 2022 111,467 2023 118,155 2024 125,244 2025 132,759 2026 139,213 $ 1,881,573

9. Hillgrove Advances Payable

9. Hillgrove Advances Payable	9 Months Ended
	Sep. 30, 2015
Hillgrove Advances Payable
Hillgrove Advances Payable	On November 7, 2014, the Company entered into a loan and processing agreement with Hillgrove Mines Pty Ltd of Australia (Hillgrove) by which Hillgrove will advance the Company funds to be used to expand its smelter in Madero, Mexico, and in Thompson Falls, Montana. The agreement states that if a stop notice is issued by Hillgrove within one year of the date of the agreement, the Company is only obligated to repay 50% of the funds advanced at that point. If a stop notice is issued between one year and two years, there is a formula to prorate the repayment amount from 50% to 81.25%. If a stop order is issued after two years, the repayment obligation is 81.25% of the funds advanced at that point. The Company has recorded the Hillgrove advances payable net of the 18.75% discount on the obligation due if Hillgrove issues a stop order after two years. As of September 30, 2015, a discount of $119,987 has been recorded as deferred revenue and is being recognized ratably over a two year period; during the nine month period ended September 30, 2015 $101,527 was recognized as income. From the date of the contract through September 30, 2015, Hillgrove has advanced the Company a total of $1,391,610, of which $1,175,751 has been recorded as a long-term liability at September 30, 2015.

10. Concentrations of Risk

10. Concentrations of Risk	9 Months Ended
	Sep. 30, 2015
Risks and Uncertainties [Abstract]
Concentrations of Risk	For the Three Months Ended For the Nine Months Ended Sales to Three September 30, September 30, September 30, September 30, Largest Customers 2015 2014 2015 2014 Alpha Gary Corporation $ 691,363 $ 636,918 $ 2,541,838 $ 2,440,019 General Electric 382,788 Kohler Corporation 637,838 936,122 1,462,570 2,091,565 East Penn Corporation 631,277 366,520 963,301 $ 1,960,478 $ 1,939,560 $ 4,967,709 $ 4,914,372 % of Total Revenues 54.90 % 65.71 % 45.60 % 60.12 % Three Largest Accounts Receivable September 30, 2015 December 31, 2014 Kohler Corporation $ 298,452 $ - Wildfire Construction 53,315 - Teck American, Inc. 173,559 227,239 Earth Innovations 62,019 Milestone AV Technologies, Inc. 42,075 $ 525,326 $ 331,333 % of Total Receivables 69.40 % 72.87 %

11. Related Party Transactions

11. Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	During the three and nine months ended September 30, 2015 and 2014, the Chairman of the audit committee and compensation committee received $9,000 and $27,000, respectively, each year, for services performed. During the three and nine months ended September 30, 2015 and 2014, the Company paid $9,443 and $28,865 in 2015, and $3,547 and $6,843 in 2014, respectively, to John Lawrence, our President and Chief Executive Officer, as reimbursement for equipment used by the Company.

12. Taxes

12. Taxes	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Taxes	The Company has sufficient net operating losses to offset the taxable income from the first nine months of 2015. During the nine months ended September 30, 2015, and the year ended December 31, 2014, the Company determined that a valuation allowance equal to 100% of any deferred tax asset was appropriate, as management of the Company cannot determine that it is more likely than not the Company will realize the benefit of a net deferred tax asset. The net effect is that the deferred tax asset as of December 31, 2014, and any deferred tax assets that may have been incurred since then, are fully reserved for at September 30, 2015. Management estimates the effective tax rate at 0% for the current year.

13. Stockholder's Equity

13. Stockholder's Equity	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Stockholder's Equity	Issuance of Common Stock for Cash During the nine months ended June 30, 2014, the Company sold an aggregate of 1,217,571 shares of its common stock for $1.40 per share. The sales resulted in $1,698,166 of net proceeds to the Company. During the quarter ended March 31, 2014, shareholders exercised their rights to convert warrants into 125,000 shares common stock for $170,000. Issuance of Common Stock for Payable to Board of Directors During the quarter ended March 31, 2015, the Board of Directors was issued a total of 183,825 shares of common stock for $125,000 in director’s fees that were payable at December 31, 2014. In addition during the quarter, the Company accrued $75,000 in directors fees payable that will be paid in common stock. Issuance of Common Stock for Services During the quarter ended March 31, 2015, 5,000 shares were issued to Bert Denton for investor services totaling $2,950. During the quarter ended September 30, 2015, the Company issued 100,000 shares to Bert Denton and also forgave a stock receivable amount of $30,000 due to the Company in accordance with a settlement agreement that terminated Mr. Denton’s investor services to the Company. Issuance of Common Stock for Notes Receivable Notes receivable of $120,000 for the purchase of common stock were paid by two shareholders, in the third quarter of 2015. Common Stock Warrants The Company's Board of Directors has the authority to issue stock warrants for the purchase of preferred or unregistered common stock to directors and employees of the Company. No warrants were issued or exercised during the nine months ended September 30, 2015. Transactions in common stock warrants are as follows: Number of Warrants Exercise Prices Balance, December 31, 2012 1,934,667 $ .25 - $4.50 Warrants issued 629,740 $ 1.20-$1.60 Warrants exercised (25,000 ) $ 1.20 Warrants expired (50,000 ) $ 4.50 Balance, December 31, 2013 2,489,407 $ 0.25 - $4.50 Warrants exercised (346,625 ) $ 1.20-$1.60 Warrants expired (1,415,865 ) Balance, December 31, 2014 726,917 $ 0.25 - $4.50 Warrants expired (476,917 ) Balance, September 30, 2015 250,000 $ 0.25 The common stock warrants outstanding at September 30, 2015 have no expiration date.

14. Business Segments

14. Business Segments	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Business Segments	The Company is currently organized and managed by three segments, which represent our operating units: United States antimony operations, Mexican antimony operations and United States zeolite operations. The Company’s other operating costs Other income and expense The Madero smelter and Puerto Blanco mill at the Company’s Mexico operation brings antimony up to an intermediate stage, which is then shipped to the United States operation for finishing and sales at the Thompson Falls, Montana plant. The Zeolite operation produces Zeolite near Preston, Idaho. Almost all of the sales of products from the United States antimony and Zeolite operations are to customers in the United States. Segment disclosure regarding sales to major customers is located in Notes 10. As of September 30, 2015 As of December 31, 2014 Properties, plants and equipment, net: Antimony United States $ 1,924,547 $ 1,936,894 Mexico 12,413,582 9,996,579 Subtotal Antimony 14,338,129 11,933,473 Zeolite 1,545,698 1,578,330 $ 15,883,827 $ 13,511,803 Total Assets: As of september 30, 2015 As of December 31, 2014 Antimony United States $ 3,142,396 $ 3,045,426 Mexico 14,437,951 11,415,198 Subtotal Antimony 17,580,347 14,460,624 Zeolite 2,129,680 2,084,407 $ 19,710,027 $ 16,545,031 For the three months ended For the nine months ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Capital expenditures: Antimony United States $ 31,802 $ 3,166 $ 31,802 $ 77,059 Mexico 2,008,945 647,222 2,869,629 1,174,225 Subtotal Antimony 2,040,747 650,388 2,901,431 1,251,284 Zeolite 101,895 33,180 135,369 83,602 Total $ 2,142,642 $ 683,568 $ 3,036,800 $ 1,334,886 Segment Operations for the Antimony Antimony Bear River Three Months ended September 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 2,891,944 $ - $ 613,508 $ 3,505,452 Production costs 1,374,492 1,348,136 592,221 3,314,849 Depreciation and amortization 14,500 151,875 56,000 222,375 Other operating costs 42,699 (122,985 ) (183,614 ) (263,900 ) Total operating expenses 1,431,691 1,377,026 464,607 3,273,324 Gross profit (loss) 1,460,253 (1,377,026 ) 148,901 232,128 Other income (expense): (344,279 ) (6,895 ) (16,844 ) (368,018 ) Income (loss) before income taxes 1,115,974 (1,383,921 ) 132,057 (135,890 ) NET INCOME (LOSS) $ 1,115,974 $ (1,383,921 ) $ 132,057 $ (135,890 ) Segment Operations for the Antimony Antimony Bear River Three Months ended September 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 2,495,338 $ 456,119 $ 2,951,457 Production costs 1,692,970 766,122 275,440 2,734,532 Depreciation and amortization 15,868 118,341 55,102 189,311 Other operating costs 150,653 44,773 102,449 297,875 Total operating expenses 1,859,491 929,236 432,991 3,221,718 Gross profit (loss) 635,847 (929,236 ) 23,128 (270,261 ) Other income (expense): (251,077 ) (21,054 ) (16,937 ) (289,068 ) Income (loss) before income taxes 384,770 (950,290 ) 6,191 (559,329 ) NET INCOME (LOSS) $ 384,770 $ (950,290 ) $ 6,191 $ (559,329 ) Segment Operations for the Antimony Antimony Bear River Nine Months ended September 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 8,060,760 $ 12,248 $ 1,780,119 $ 9,853,127 Production costs 4,494,673 3,806,481 1,239,599 9,540,753 Depreciation and amortization 44,150 452,625 168,000 664,775 Other operating costs 338,696 - 61,498 400,194 Other operating income (914,967 ) (58,139 ) - (973,106 ) Total operating expenses 3,962,552 4,200,967 1,469,097 9,632,616 Gross profit (loss) 4,098,208 (4,188,719 ) 311,022 220,511 Other income (expense): (60,340 ) (10,081 ) (43,714 ) (114,135 ) Income (loss) before income taxes 4,037,868 (4,198,800 ) 267,308 106,376 NET INCOME (LOSS) $ 4,037,868 $ (4,198,800 ) $ 267,308 $ 106,376 Segment Operations for the Antimony Antimony Bear River Nine Months ended September 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 6,563,452 $ 1,610,462 $ 8,173,914 Production costs 4,148,964 2,401,700 1,162,646 7,713,310 Depreciation and amortization 47,618 349,206 165,305 562,129 Other operating costs 208,878 95,602 55,654 360,134 Total operating expenses 4,405,460 2,846,508 1,383,605 8,635,573 Gross profit (loss) 2,157,992 (2,846,508 ) 226,857 (461,659 ) Other income (expense): (779,090 ) (52,324 ) (48,701 ) (880,112 ) Income (loss) before income taxes 1,378,902 (2,898,832 ) 178,156 (1,341,771 ) NET INCOME (LOSS) $ 1,378,902 $ (2,898,832 ) $ 178,156 $ (1,341,771 )

2. Income (Loss) Per Common S20

2. Income (Loss) Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2015
Net loss per share of common stock:
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	For the Nine Months Ended September 30, 2015 September 30, 2014 Warrants 831,657 Convertible preferred stock 1,751,005 1,751,005 Total possible dilution 1,751,005 2,582,662

3. Inventories (Tables)

3. Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventories	September 30, 2015 December 31, 2014 Antimony Metal $ 145,229 $ 40,352 Antimony Oxide 181,605 718,982 Antimony Concentrates 945,551 33,545 Antimony Ore 732,642 447,262 Total antimony 2,005,027 1,240,141 Zeolite 205,001 193,398 $ 2,210,028 $ 1,433,539

4. Accounts Receivable and Du22

4. Accounts Receivable and Due to Factor (Tables)	9 Months Ended
	Sep. 30, 2015
Accounts Receivable And Due To Factor Tables
Account Receivables	Accounts Receivble September 30, 2015 December 31, 2014 Accounts receivable - non factored $ 488,586 $ 445,391 Accounts receivable - factored with recourse 272,889 13,314 less allowance for doubtful accounts (4,031 ) (4,031 ) Accounts receivable - net $ 757,444 $ 454,674

7. Note Payable to Bank (Tables

7. Note Payable to Bank (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Summary of notes payable to bank	September 30, December 31, 2015 2014 Promissory note payable to First Security Bank of Missoula, bearing interest at 5.0%, maturing February 27, 2016, payable on demand, collateralized by a lien on Certificate of Deposit number 48615 $ 92,502 $ 0 Total note payable to bank $ 92,502 $ 0

8. Long-Term Debt (Tables)

8. Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Long - Term Debt	Long-Term debt at September 30, 2015 and December 31, 2014, is as follows: September 30, December 31, 2015 2014 Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. $ 30,157 $ - Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. 6,660 10,245 Note payable to Western States Equipment Co., bearing interest at 6.15%; payable in monthly installments of $2,032; maturing June 2015; collateralized by equipment. - 11,977 Note payable to BMT Leasing, bearing interest at 13.38%; payable in monthly installments of $786; maturing December 2015; collateralized by equipment. 1,767 9,254 Note payable to Catepillar Financial, bearing interest at 5.95%; payable in monthly installments of $827; maturing September 2015; collateralized by equipment. - 8,051 Note payable toDe Lage Landen Financial Services, bearing interest at 5.30%; payable in monthly installments of $549; maturing March 2016; collateralized by equipment. 3,244 7,951 Note payable to De Lage Landen Financial Services, bearing interest at 5.12%; payable in monthly installments of $697; maturing December 2014; collateralized by equipment. - 689 Note payable to De Lage Landen Financial Services, bearing interest at 3.51%; payable in monthly installments of $655; maturing September 2019; collateralized by equipment. 28,731 - Note payable to Phyllis Rice, bearing interest at 1%; payable in monthly installments of $2,000; maturing March 2015; collateralized by equipment. 14,146 18,146 Obligation payable for Soyatal Mine, non-interest bearing, annual payments of $100,000 or $200,000 through 2019, net of discount. 829,146 808,293 Obligation payable for Guadalupe Mine, non-interest bearing, annual payments from $60,000 to $149,078 through 2026, net of discount. 967,722 - 1,881,573 874,606 Less current portion (215,824 ) (159,278 ) Long-term portion $ 1,665,749 $ 715,328
Debt Outstanding	Year Ending September 30, 2016 $ 215,824 2017 93,345 2018 189,889 2019 273,635 2020 282,544 2021 199,498 2022 111,467 2023 118,155 2024 125,244 2025 132,759 2026 139,213 $ 1,881,573

10. Concentration of Risk (Tabl

10. Concentration of Risk (Tables)	9 Months Ended
	Sep. 30, 2015
Concentration Of Risk Tables
Major Customers Revenue Details	For the Three Months Ended For the Nine Months Ended Sales to Three September 30, September 30, September 30, September 30, Largest Customers 2015 2014 2015 2014 Alpha Gary Corporation $ 691,363 $ 636,918 $ 2,541,838 $ 2,440,019 General Electric 382,788 Kohler Corporation 637,838 936,122 1,462,570 2,091,565 East Penn Corporation 631,277 366,520 963,301 $ 1,960,478 $ 1,939,560 $ 4,967,709 $ 4,914,372 % of Total Revenues 54.90 % 65.71 % 45.60 % 60.12 % Three Largest Accounts Receivable September 30, 2015 December 31, 2014 Kohler Corporation $ 298,452 $ - Wildfire Construction 53,315 - Teck American, Inc. 173,559 227,239 Earth Innovations 62,019 Milestone AV Technologies, Inc. 42,075 $ 525,326 $ 331,333 % of Total Receivables 69.40 % 72.87 %

13. Stockholder's Equity (Table

13. Stockholder's Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Common Stock Warrant	Number of Warrants Exercise Prices Balance, December 31, 2012 1,934,667 $ .25 - $4.50 Warrants issued 629,740 $ 1.20-$1.60 Warrants exercised (25,000 ) $ 1.20 Warrants expired (50,000 ) $ 4.50 Balance, December 31, 2013 2,489,407 $ 0.25 - $4.50 Warrants exercised (346,625 ) $ 1.20-$1.60 Warrants expired (1,415,865 ) Balance, December 31, 2014 726,917 $ 0.25 - $4.50 Warrants expired (476,917 ) Balance, September 30, 2015 250,000 $ 0.25

14. Business Segments (Tables)

14. Business Segments (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Information	As of September 30, 2015 As of December 31, 2014 Properties, plants and equipment, net: Antimony United States $ 1,924,547 $ 1,936,894 Mexico 12,413,582 9,996,579 Subtotal Antimony 14,338,129 11,933,473 Zeolite 1,545,698 1,578,330 $ 15,883,827 $ 13,511,803 Total Assets: As of September 30, 2015 As of December 31, 2014 Antimony United States $ 3,142,396 $ 3,045,426 Mexico 14,437,951 11,415,198 Subtotal Antimony 17,580,347 14,460,624 Zeolite 2,129,680 2,084,407 $ 19,710,027 $ 16,545,031
Capital Expenditure Information	For the three months ended For the nine months ended September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Capital expenditures: Antimony United States $ 31,802 $ 3,166 $ 31,802 $ 77,059 Mexico 2,008,945 647,222 2,869,629 1,174,225 Subtotal Antimony 2,040,747 650,388 2,901,431 1,251,284 Zeolite 101,895 33,180 135,369 83,602 Total $ 2,142,642 $ 683,568 $ 3,036,800 $ 1,334,886
Segment Revenue Information	Segment Operations for the Antimony Antimony Bear River Three Months ended September 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 2,891,944 $ - $ 613,508 $ 3,505,452 Production costs 1,374,492 1,348,136 592,221 3,314,849 Depreciation and amortization 14,500 151,875 56,000 222,375 Other operating costs 42,699 (122,985 ) (183,614 ) (263,900 ) Total operating expenses 1,431,691 1,377,026 464,607 3,273,324 Gross profit (loss) 1,460,253 (1,377,026 ) 148,901 232,128 Other income (expense): (344,279 ) (6,895 ) (16,844 ) (368,018 ) Income (loss) before income taxes 1,115,974 (1,383,921 ) 132,057 (135,890 ) NET INCOME (LOSS) $ 1,115,974 $ (1,383,921 ) $ 132,057 $ (135,890 ) Segment Operations for the Antimony Antimony Bear River Three Months ended September 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 2,495,338 $ 456,119 $ 2,951,457 Production costs 1,692,970 766,122 275,440 2,734,532 Depreciation and amortization 15,868 118,341 55,102 189,311 Other operating costs 150,653 44,773 102,449 297,875 Total operating expenses 1,859,491 929,236 432,991 3,221,718 Gross profit (loss) 635,847 (929,236 ) 23,128 (270,261 ) Other income (expense): (251,077 ) (21,054 ) (16,937 ) (289,068 ) Income (loss) before income taxes 384,770 (950,290 ) 6,191 (559,329 ) NET INCOME (LOSS) $ 384,770 $ (950,290 ) $ 6,191 $ (559,329 ) Segment Operations for the Antimony Antimony Bear River Nine Months ended September 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 8,060,760 $ 12,248 $ 1,780,119 $ 9,853,127 Production costs 4,494,673 3,806,481 1,239,599 9,540,753 Depreciation and amortization 44,150 452,625 168,000 664,775 Other operating costs 338,696 - 61,498 400,194 Other operating income (914,967 ) (58,139 ) - (973,106 ) Total operating expenses 3,962,552 4,200,967 1,469,097 9,632,616 Gross profit (loss) 4,098,208 (4,188,719 ) 311,022 220,511 Other income (expense): (60,340 ) (10,081 ) (43,714 ) (114,135 ) Income (loss) before income taxes 4,037,868 (4,198,800 ) 267,308 106,376 NET INCOME (LOSS) $ 4,037,868 $ (4,198,800 ) $ 267,308 $ 106,376 Segment Operations for the Antimony Antimony Bear River Nine Months ended September 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 6,563,452 $ 1,610,462 $ 8,173,914 Production costs 4,148,964 2,401,700 1,162,646 7,713,310 Depreciation and amortization 47,618 349,206 165,305 562,129 Other operating costs 208,878 95,602 55,654 360,134 Total operating expenses 4,405,460 2,846,508 1,383,605 8,635,573 Gross profit (loss) 2,157,992 (2,846,508 ) 226,857 (461,659 ) Other income (expense): (779,090 ) (52,324 ) (48,701 ) (880,112 ) Income (loss) before income taxes 1,378,902 (2,898,832 ) 178,156 (1,341,771 ) NET INCOME (LOSS) $ 1,378,902 $ (2,898,832 ) $ 178,156 $ (1,341,771 )

1. Basis of Presentation (Detai

1. Basis of Presentation (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Accounting Policies [Abstract]
Interest expense	$ 57,169	$ 68,986
Capitalized cost of construction	$ 56,987	$ 67,876

2. Income (Loss) Per Common S29

2. Income (Loss) Per Common Share (Details) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Net loss per share of common stock:
Warrants		831,657
Convertible preferred stock	1,751,005	1,751,005
Total possible dilution	1,751,005	2,582,662

3. Inventories (Details)

3. Inventories (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Inventories	$ 2,210,028	$ 1,433,539
Antimony Oxide - Finished
Inventories	181,605	718,982
Antimony Metal [Member]
Inventories	145,229	40,352
Antimony Concentrates
Inventories	945,551	33,545
Antimony Ore [Member]
Inventories	732,642	447,262
Antimony [Member]
Inventories	2,005,027	1,240,141
Zeolite [Member]
Inventories	$ 205,001	$ 193,398

3. Inventories (Details Narrati

3. Inventories (Details Narrative)	9 Months Ended
	Sep. 30, 2015USD ($)
Inventories Details Narrative
Gain on liability adjustment accounts payable	$ 914,967

4. Accounts Receivable and Du32

4. Accounts Receivable and Due to Factor (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accounts Receivable And Due To Factor Tables
Accounts receivable - non factored	$ 488,586	$ 445,391
Accounts receivable - factored with recourse	272,889	13,314
Less allowance for doubtful accounts	(4,031)	(4,031)
Accounts receivable - net	$ 757,444	$ 454,674

6. Commitments and Contingenc33

6. Commitments and Contingencies (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Payments paid for capitalized mineral rights	$ 100,000	$ 200,000
Payments scheduled	$91,739 on December 15, 2015.

7. Note Payable to Bank (Detail

7. Note Payable to Bank (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Note payable to bank	$ 92,502	$ 0
Promissory note payable CD 48615
Note payable to bank	$ 92,502	$ 0

8. Long - Term Debt (Details)

8. Long - Term Debt (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Total debt	$ 1,881,573	$ 874,606
Less current portion	(215,824)	(159,278)
Noncurrent portion	1,665,749	715,328
Wells fargo bank
Total debt	30,157	0
Wells fargo bank One
Total debt	6,660	10,245
Western States Equipmen tCo
Total debt	0	11,977
BMT Leasing
Total debt	1,767	9,254
Catepillar Finance
Total debt	0	8,051
De Lage Landen Financial Services
Total debt	3,244	7,951
De Lage Landen Financial Services 1
Total debt	0	689
De Lage Landen Financial Services 2
Total debt	28,731	0
Phyllis Rice
Total debt	14,146	18,146
Soyatal Mine
Total debt	829,146	808,293
Guadalupe Mine
Total debt	$ 967,722	$ 0

8. Long - Term Debt (Details 1)

8. Long - Term Debt (Details 1)	Sep. 30, 2015USD ($)
Long Term Debt Details 1
2,016	$ 215,824
2,017	93,345
2,018	189,889
2,019	273,635
2,020	282,544
2,021	199,498
2,022	111,467
2,023	118,155
2,024	125,244
2,025	132,759
2,026	139,213
Total	$ 1,881,573

10. Concentrations of Risk (Det

10. Concentrations of Risk (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Sales to Three Largest Customers	$ 1,960,478	$ 1,939,560	$ 4,967,709	$ 4,914,372
Total percentage of revenue	54.90%	65.71%	45.60%	60.12%
Alpha Gary Corporation
Sales to Three Largest Customers	$ 691,363	$ 636,918	$ 2,541,838	$ 2,440,019
General Electric
Sales to Three Largest Customers	0	0	0	382,788
Kohler Corporation
Sales to Three Largest Customers	637,838	936,122	1,462,570	2,091,565
East Penn Manufacturing Inc.
Sales to Three Largest Customers	$ 631,277	$ 366,520	$ 963,301	$ 0

10. Concentrations of Risk (D38

10. Concentrations of Risk (Details 1) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accounts Receivable	$ 525,326	$ 331,333
Total percentage of receivables	69.40%	72.87%
Kohler Corporation
Accounts Receivable	$ 298,452	$ 0
Wildfire Construction
Accounts Receivable	53,315	0
Teck American, Inc.
Accounts Receivable	173,559	227,239
Earth Innovations
Accounts Receivable	0	62,019
Milestone AV Technologies Inc.
Accounts Receivable	$ 0	$ 42,075

11. Related Party Transactions

11. Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Chairman of the audit committee and compensation committee
Related Party Transactions	$ 9,000	$ 9,000	$ 27,000	$ 27,000
Chief Executive Officer
Related Party Transactions	$ 9,443	$ 3,547	$ 28,865	$ 6,843

13. Stockholder's Equity (Detai

13. Stockholder's Equity (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Warrant
Beginning balance, shares	726,917	2,489,407
Warrants exercised, shares		(346,625)
Warrants expired, shares	(476,917)	(1,415,865)
Ending balance, shares	250,000	726,917	2,489,407
Ending balance Exercise Prices	$ 0.25
Minimum | Warrant
Beginning balance, Exercise Prices	0.25	$ 0.25
Warrants exercised, Exercise Prices		1.20
Ending balance Exercise Prices		0.25
Maximum | Warrant
Beginning balance, Exercise Prices	$ 4.50	4.50
Warrants exercised, Exercise Prices		1.60
Ending balance Exercise Prices		$ 4.50
Warrant
Beginning balance, shares		2,489,407	1,934,667
Warrants issued, shares			629,740
Warrants exercised, shares			(25,000)
Warrants expired, shares			(50,000)
Ending balance, shares			2,489,407
Warrants exercised, Exercise Prices			$ 1.20
Warrants expired, Exercise Prices			4.50
Warrant | Minimum
Beginning balance, Exercise Prices			0.25
Warrants issued, Exercise Prices			1.20
Ending balance Exercise Prices			0.25
Warrant | Maximum
Beginning balance, Exercise Prices			4.50
Warrants issued, Exercise Prices			1.60
Ending balance Exercise Prices			$ 4.50

14. Business Segments (Details)

14. Business Segments (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Properties, plants and equipment, net	$ 15,883,827	$ 13,511,803
Total Assets	19,710,027	16,545,031
United States Antimony [Member]
Properties, plants and equipment, net	1,924,547	1,936,894
Total Assets	3,142,396	3,045,426
Mexico Antimony [Member]
Properties, plants and equipment, net	12,413,582	9,996,579
Total Assets	14,437,951	11,415,198
Subtotal Antimony [Member]
Properties, plants and equipment, net	14,338,129	11,933,473
Total Assets	17,580,347	14,460,624
Zeolite [Member]
Properties, plants and equipment, net	1,545,698	1,578,330
Total Assets	$ 2,129,680	$ 2,084,407

14. Business Segments (Details

14. Business Segments (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Capital Expenditure	$ 2,142,642	$ 683,568	$ 3,036,800	$ 1,334,886
United States Antimony [Member]
Capital Expenditure	31,802	3,166	31,802	77,059
Mexico Antimony [Member]
Capital Expenditure	2,008,945	647,222	2,869,629	1,174,225
Subtotal Antimony [Member]
Capital Expenditure	2,040,747	650,388	2,901,431	1,251,284
Zeolite [Member]
Capital Expenditure	$ 101,895	$ 33,180	$ 135,369	$ 83,602

14. Business Segments (Detail43

14. Business Segments (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Total revenues	$ 3,505,452	$ 2,951,457	$ 9,853,127	$ 8,173,914
Production costs	3,314,849	2,734,532	9,540,753	7,713,310
Depreciation and amortization	222,375	189,311	664,775	562,129
Other operating costs	(263,900)	297,875	400,194	360,134
Other operating income			(973,106)
Total operating expenses	3,273,324	3,221,718	9,632,616	8,635,573
Gross profit (loss)	232,128	(270,261)	220,511	(461,659)
Other income (expense):	(105,048)	(542,005)	(114,135)	(880,112)
Income (loss) before income taxes	(135,890)	(559,329)	106,376	(1,341,771)
NET INCOME (LOSS)	(135,890)	(559,329)	106,376	(1,341,771)
United States Antimony [Member]
Total revenues	2,891,944	2,495,338	8,060,760	6,563,452
Production costs	1,374,492	1,692,970	4,494,673	4,148,964
Depreciation and amortization	14,500	15,868	44,150	47,618
Other operating costs	42,699	150,653	338,696	208,878
Other operating income			(914,967)
Total operating expenses	1,431,691	1,859,491	3,962,552	4,405,460
Gross profit (loss)	1,460,253	635,847	4,098,208	2,157,992
Other income (expense):	(344,279)	(251,077)	(60,340)	(779,090)
Income (loss) before income taxes	1,115,974	384,770	4,037,868	1,378,902
NET INCOME (LOSS)	$ 1,115,974	$ 384,770	4,037,868	$ 1,378,902
Mexico Antimony [Member]
Total revenues			12,248
Production costs	$ 1,348,136	$ 766,122	3,806,481	$ 2,401,700
Depreciation and amortization	151,875	118,341	$ 452,625	349,206
Other operating costs	(122,985)	44,773		95,602
Other operating income			$ (58,139)
Total operating expenses	1,377,026	929,236	4,200,967	2,846,508
Gross profit (loss)	(1,377,026)	(929,236)	(4,188,719)	(2,846,508)
Other income (expense):	(6,895)	(21,054)	(10,081)	(52,324)
Income (loss) before income taxes	(1,383,921)	(950,290)	(4,198,800)	(2,898,832)
NET INCOME (LOSS)	(1,383,921)	(950,290)	(4,198,800)	(2,898,832)
Zeolite [Member]
Total revenues	613,508	456,119	1,780,119	1,610,462
Production costs	592,221	275,440	1,239,599	1,162,646
Depreciation and amortization	56,000	55,102	168,000	165,305
Other operating costs	(183,614)	102,449	$ 61,498	55,654
Other operating income
Total operating expenses	464,607	432,991	$ 1,469,097	1,383,605
Gross profit (loss)	148,901	23,128	311,022	226,857
Other income (expense):	(16,844)	(16,937)	(43,714)	(48,701)
Income (loss) before income taxes	132,057	6,191	267,308	178,156
NET INCOME (LOSS)	$ 132,057	$ 6,191	$ 267,308	$ 178,156