|
Press Release
Archives: 10/29/2009
Itronics
Announces
Contractor Begins Staking Mineral Lode Claims for Auric Gold
Itronics Expanding as a "Green"
Natural Resources Company
RENO, NV, Oct 29, 2009 (MARKETWIRE via COMTEX)
-- Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG)
reported today that its wholly-owned subsidiary, Whitney & Whitney,
Inc., has hired a contractor who started staking mineral lode claims
for Auric Gold & Minerals, Inc. (Auric) this week.
Whitney & Whitney identified the polymetallic gold project,
which is located in Nevada, and agreed to help Auric acquire the
mineral property. The initial land acquisition is being accomplished
by staking lode mining claims on Federal lands managed by the U.S.
Bureau of Land Management.
"This is the most inexpensive method
of mineral land acquisition for a mining project," said Dr.
John Whitney, Itronics President. "We are excited that the
project is moving forward quickly." Further updates will be
issued as the project advances. Project details will be published
once property acquisition is complete.
Auric is a majority owned affiliate of Whitney
& Whitney, Inc. and was formed to acquire multi-mineral (polymetallic)
gold properties, and to strategically invest in Junior Gold and
Minerals Companies that provide the opportunity to develop and commercialize
environmentally friendly polymetallic gold projects.
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.
Chemicals:Specialty Chemicals
Manufacturing and Production:Mining and Metals
Environment:Natural Resource Management |
