Itronics Announces Contractor Begins Staking Mineral Lode Claims for Auric Gold
October 29 2009 - 10:20AM
Marketwired
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
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