Itronics Announces Claim Staking for a Polymetallic Gold Project
October 20 2009 - 10:30AM
Marketwired
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.)
Contact: Paul Knopick 888-795-6336
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