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Release Archives: 03/17/2009
Itronics'
Makes Silver Refining Process Discovery Increasing per Melt Bullion
Recovery by 40 Percent
-
Profitability Increased for Highly Acclaimed "Green" Process
RENO, NV--(MARKET WIRE)--Mar 17, 2009 -- Itronics
Inc. (OTC BB:ITRO.OB - News) (Frankfurt:ITG.F - News) (Berlin:ITG.BE
- News) reported today that its wholly-owned subsidiary, Itronics
Metallurgical, Inc., has made a silver refining process discovery
that increases per melt bullion recovery by 40 percent and reduces
the per ounce silver refining cost proportionately. The Company
is now implementing the new process into its refining operation
and expects the transition to be completed this month.
"The new process immediately benefits Itronics by increasing
turnover in silver inventory and by reducing the per ounce refining
cost, which benefits the Company by reducing working capital needed
to sustain the silver refining operation. This new process is expected
to materially improve the profitability of the refining operation
going forward," said Dr. John Whitney, Itronics President.
Silver refining test work that resulted in
this new refining process was begun in the second half of 2008.
It is a significant improvement in the refining chemistry and is
achieved by reducing the amount of silver in the glass/slag and
iron matte produced by the refining process.
Itronics Metallurgical also expects that the
new refining process will significantly enhance the profitability
of the planned Stage 1 silver refinery expansion which was discussed
in a press release dated February 24, 2009. The silver captured
by Itronics is recovered from spent photo liquids, a highly acclaimed
environmentally "Green" and environmentally beneficial
process.
This refining technology discovery completes
another step in Itronics' implementation of its 5-year plan to use
internally developed environmentally green clean technology to produce
solid profitable growth. This focused approach to the development
and use of creative new clean technology has made the vertically
integrated "Beneficial Use Photochemical, Silver, and Water
Recycling" technology and the GOLD'n GRO brand of environmentally
friendly fertilizers a success. Itronics revolutionary technologies
create a "Green Consumer Option" for photo and X-ray processors
that continue to use silver halide photo technologies to make prints
and X-rays.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc.
is a "Creative Clean Technology" company that produces
GOLD'n GRO liquid fertilizers and pure silver bullion. Itronics,
through its subsidiary, Itronics Metallurgical, Inc. is the only
company with a fully permitted "Beneficial Use Photochemical,
Silver, and Water Recycling" plant in the United States that
converts spent photoliquids into pure silver and GOLD'n GRO liquid
fertilizers. The Company is developing environmentally compatible
mining technology, provides project planning and technical services
to the gold mining industry, and operates the popular InsideMetals.com
web site, http://www.insidemetals.com, which provides a value-added
WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior
Gold Stocks, and Junior Mineral Stocks. Itronics has received numerous
domestic and international awards that recognize its ability to
successfully create and implement new environmentally clean recycling
and fertilizer technologies. The Company's environmentally friendly
GOLD'n GRO liquid fertilizers, which are extensively used in agriculture,
can be used for lawns and houseplants, and are available, along
with liquid fertilizer injectors, at the Company's "e-store"
catalog at http://goldngro.com. The popular Silver Nevada Miner
bars are available at the Company's "e-store" catalog
at http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995: This press release
contains or may contain forward-looking statements such as statements
regarding the Company's growth and profitability, growth strategy,
liquidity and access to public markets, operating expense reduction,
and trends in the industry in which the Company operates. The forward-looking
statements contained in this press release are also subject to other
risks and uncertainties, including those more fully described in
the Company's filings with the Securities and Exchange Commission.
The Company assumes no obligation to update these forward-looking
statements to reflect actual results, changes in risks, uncertainties
or assumptions underlying or affecting such statements, or for prospective
events that may have a retroactive effect.)
Contact:
Paul Knopick
888-795-6336
Source: Itronics Inc.
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