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Itronics Announces Contractor Begins Staking Mineral Lode Claims for Auric Gold

Thu. October 29, 2009; Posted: 10:20 AM
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RENO, NV, Oct 29, 2009 (MARKETWIRE via COMTEX) -- ITRO | Quote | Chart | News | PowerRating -- Itronics Inc. (PINKSHEETS: ITRO | Quote | Chart | News | PowerRating) (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


SOURCE: Itronics Inc.

 
For full details for ITRO click here.

    


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