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Itronics Announces Contractor Begins Staking Mineral Lode Claims for Auric Gold
Itronics Expanding as a "Green" Natural Resources Company
| Source: Itronics Inc.
RENO, NV--(Marketwire - October 29, 2009) - 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.)