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Press
Release Archives: 12/11/2007
Itronics
Updates Progress on GOLD'n GRO Guardian Deer Repellent
Fertilizer and Silver/Gold Recovery Technology
Developments
RENO, Nev., Dec. 11 /PRNewswire-FirstCall/ -- Itronics
Inc. (OTC Bulletin Board: ITRO; Frankfurt and Berlin
Stock Exchanges: ITG) today reported significant
progress by its subsidiary, Itronics Metallurgical,
Inc., on product and process developments that will both
improve the Company's bottom line and its reputation for
environmental excellence. Other recent highlights
include:
-- The GOLD'n GRO Guardian deer repellent fertilizer
application has been
received by the U.S. Environmental Protection Agency,
and has been
assigned a review classification number that provides
for a 180-day
registration review period. This puts the registration
on a schedule to
be completed in May-June, 2008, after which sales can
proceed.
-- Revisions to the photochemical blending procedures
that will increase
throughput capacity for GOLD'n GRO manufacturing by 250
percent have
been successfully implemented.
-- Negotiations are continuing with potential new
suppliers of used
photochemicals, with startup on one new contract
completed in November,
and another tentatively scheduled to begin in February
2008.
-- Work is continuing on equipment design and
specification for the
expansion of the solids handling capacity in the silver
refinery. Part
of the equipment has been received and engineering for
equipment
installation is now proceeding.
Two new leaching processes that are under development,
Itromet FeLix Process and Itromet SuLix Process, were
described by Itronics in a news release dated November
6, 2007. Development of operating parameters for the two
processes has been completed and bench tests to
demonstrate the operating sequence for both processes,
on a "start to finish" basis, are now underway. A
pilot-scale leach circuit that uses both processes in
sequence has been specified and sizing of process
equipment and identification of specific items of
equipment to develop an installation budget is underway.
Layout design and engineering for the pilot-scale
operating leach circuit is expected to begin early in
the first quarter 2008.
A series of small pilot scale leach tests using the
Itromet SuLix Process has been completed with
essentially complete sulfur recovery from material
containing 84 percent sulfur and 3 percent silver. More
than 95 percent of the test lot of material was put into
liquid solution leaving the silver in the solid residue
for recovery by refining. This series of tests
demonstrates that large improvements in silver refining
capacity will be achieved once this process is fully
operational due to the large bulk reduction of the
silver-bearing solids.
The Itromet FeLix and SuLix processes are demonstrating
the ability to separate nutrient metals and minerals
(iron, zinc, and sulfur) from silver and gold bearing
solids. The nutrient metals and minerals are put into
liquid solution for use in the GOLD'n GRO liquid
fertilizers, and the silver and gold bearing solids are
sent to the refinery for recovery of the precious metals
from non-nutrient impurities.
The Itromet FeLix and Itromet SuLix technologies improve
resource use because nutrient metals that are now being
wasted will be recovered for beneficial use once the
complete leaching system is operational.
"Itronics' advancement and completion of new GOLD'n GRO
products and vertically integrated silver/gold recovery
technology is a result of years of research and
development that has made the photochemical recycling
technology and the GOLD'n GRO brand of environmentally
compatible fertilizer a success," said Dr. John Whitney,
Itronics President. "The GOLD'n GRO Guardian deer
repellent fertilizer is made possible by the nutrient
delivery technology embodied in the GOLD'n GRO
fertilizers. We are truly excited by the way these
developments are progressing and the potential for sales
expansion that they represent."
About Itronics
Itronics, through its subsidiary, Itronics
Metallurgical, Inc., is the only company in the world
with a fully permitted "Beneficial Use Photochemical,
Silver, and Water Recycling" plant located in the United
States which can convert used photoliquids into pure
silver and liquid fertilizers. At the Company's Reno,
Nevada factory more than 99 percent of the silver and
virtually all the other toxic heavy metals are extracted
from used photoliquids. The purified liquids are
converted into environmentally beneficial, chelated,
micronutrient and multinutrient liquid fertilizers sold
under the GOLD'n GRO trademark. The silver is refined
and sold as bullion and 5 troy ounce, 0.999 pure, Silver
Nevada Miner numismatic bars. The environmentally
friendly liquid fertilizers can be used for lawns and
houseplants, and are available, along with GOLD'n GRO
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.
Headquartered in Reno, Nevada, Itronics Inc. is a
"Creative Environmental Technology" company and a world
leader in photochemical recycling. The Company also
provides environmentally compatible mining technology
development, project planning, and technical services to
the gold mining industry and operates the popular
InsideMetals.com web site: http://www.insidemetals.com
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 compatible recycling and fertilizer
technologies.
Contact:
Paul Knopick
888-795-6336
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.) |
