Contact Information: Contact: Paul Knopick 888-795-6336
Itronics Announces Claim Staking for a Polymetallic Gold Project
Itronics Is Expanding as a "Green" Natural Resources Company
| Source: Itronics Inc
RENO, NV--(Marketwire - October 20, 2009) - Itronics Inc. (PINKSHEETS : ITRO ) (FRANKFURT : ITG )
(BERLIN : ITG ) today announced that its wholly-owned subsidiary Whitney &
Whitney, Inc. has started a project staking lode mining claims in Nevada
for Auric Gold & Minerals, Inc., (Auric) a majority owned affiliate 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.
Whitney & Whitney used its world-wide database and its extensive mineral
property library to identify an attractive, potentially large, polymetallic
gold project in Nevada and has agreed to help Auric acquire the property by
staking lode mining claims on Federal land. Seed funding from outside
investors has been obtained for Auric and a claim staking project to
acquire the property has been initiated.
Further updates will be issued as the project advances. Project details
will be published once property acquisition is complete.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean
Technology" company. 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 used 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
(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 www.goldngro.com. The popular Silver Nevada Miner
bars are available at the Company's 'e-store' catalog at www.itromet.com.
VISIT OUR WEB SITE: 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.)