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Mining exploration, development, and production may not be economically viable .
−Removed: Our properties do not contain mineral reserves as defined under SEC Subpart 1300 of Regulation S-K (“S-K 1300”) or Canadian National Instrument 43-101 (“NI 43-101”).
+Added: On July 24, 2025, the Company published its technical report summary (“TRS”) in accordance with the mining property disclosure rules specified in subpart 1300 of Regulation S-K (“SK 1300”) on its zeolite mineral deposit located in Preston, Idaho.
+Added: This TRS is an exhibit to the Form 8-K filed by the Company on July 25, 2025.
+Added: However, the Company has not completed a TRS for any of its other properties.
+Added: Until a TRS is completed for the Company’s properties in accordance with SK 1300 or Canadian National Instrument 43-101 (“NI 43-101”), there can be no guarantee or assurance of the contents, quantity, or grade of mineral resources or reserves at the location.
+Added: Any indication of the contents, quantity, or grade of minerals at these properties can be materially inaccurate.
See “Cautionary Note Concerning Disclosure of Mineral Resources,” above.
−Removed: Until mineral reserves or mineral resources are mined and processed, the quantity of mineral resources and grades must be considered as estimates only and may be inaccurate.
−Removed: The Company is in the process of completing a technical report summary documenting the estimate of total mineral resources and reserves associated with the zeolite mine under lease.
−Removed: We have not established proven or probable reserves, as defined under S-K 1300 or NI 43-101, through the completion of a feasibility study for any of our mining claims and leases.
−Removed: As a result, there is increased uncertainty and risk that may result in economic and technical failure which may adversely impact our future profitability, financial condition, and results of operations.
+Added: In addition, we have not established proven or probable reserves, as defined under S-K 1300 or NI 43-101, through the completion of a feasibility study for these mining claims and leases.
+Added: As a result, there is increased uncertainty and risk that may result in economic and technical failure which may materially adversely impact our future profitability, financial condition, and results of operations.
Processing and selling ore from new suppliers and internal sources may not be economically viable .
Ore sourced from new suppliers as well as ore sourced from our mine sites may not be able to be processed profitably, which could have a material adverse effect on our results of operations and financial condition.
+Added: More risk associated with non-domestic supply of antimony ore.
+Added: The Company purchases ore from non-domestic suppliers, each purchase of which is typically for a material amount.
+Added: There are many risks associated with purchasing ore from non-domestic suppliers.
+Added: Due diligence is performed on each supplier, however, there can be no assurance that the information obtained is credible or accurate.
+Added: In addition, there is no guarantee that the suppliers’ product will be delivered to the Company, even after payment is made by the Company.
+Added: Also, there can be no assurance that the product content, quantity, or grade will be as expected.
+Added: As a result, there is increased uncertainty and risk related to purchasing product from non-domestic suppliers that could materially adversely impact our future profitability, financial condition, and results of operations.
RECENT SALES OF UNREGISTERED SECURITIES.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.