08/30/2017
Itronics Updates Its Fulstone Gold, Zinc, Silver, Lead, Copper, And Molybdenum Exploration Project
Nevada Project Adjacent to Minnesota Mine in Yerington Mining District RENO, Nev., Aug. 30, 2017 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO) a diversified producer of GOLD'n GRO zinc fertilizers and silver products and a green technology development Company, reported today that its wholly-owned technical services subsidiary, Whitney & Whitney, Inc., recently completed an updated Fulstone Project Geological report for its partially owned subsidiary, Auric Gold & Minerals, Inc. It also reported that Auric has made the annual claim payments to the Bureau of Land Management for its Fulstone Project in Nevada.
The Fulstone Project claims are on the west, north, and east sides of the formerly operating Minnesota Mine. The Minnesota Mine is in the northwest part of the Yerington Mining District (this western area in the Buckskin Range was historically called the Buckskin District). The Fulstone Project is about 90 miles southeast of Reno, Nevada in the Yerington Mining District. The community of Yerington, Nevada is located in the south central portion of the district.
The updated project report, which is confidential, states that the project area, and particularly the Fulstone claims, are prospective for structurally covered blind IOCG, porphyry copper, and porphyry molybdenum deposits, but also for strata-bound zinc and epithermal gold mineralization. The assessment of project prospects is based on historic archival data, published geological mapping, soil and rock geochemical sampling, several long lines of Induced Polarization survey data, and low altitude aeromagnetic mapping.
The report is available on a confidential basis to parties that have an interest in becoming investors, funding partners, or joint venture partners. The Company is currently having non-exclusive discussions that may lead to a development agreement with certain interested parties. "Copper and zinc prices are at multiyear highs and gold and silver prices are now increasing," said Dr. John Whitney, Itronics President. "Good exploration projects in major mining districts are in short supply. Because of that, our goal is to obtain exploration funding for the Fulstone project over the next several months."
"We believe that the Yerington Mining District is one of the few locations in the world that hosts a cluster of large undeveloped copper deposits," said Dr. Whitney. "With diminishing available undeveloped mineral deposits globally, the Yerington Mining District is rapidly becoming more attractive for world class mine development, as is demonstrated by the major companies that now have active development projects in the district".
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Green Technology" Company which produces GOLD'n GRO specialty liquid fertilizers, silver bullion, and silver-bearing glass. The Company's goal is to achieve profitable green technology driven organic growth in specialty GOLD'n GRO fertilizers, silver, zinc, and minerals. The Company's technologies maximize the recovery and uses of metals and minerals and by doing this maximize sustainability.
Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that converts 100 percent of the spent photoliquids into GOLD'n GRO liquid fertilizers, silver bullion, and silver bearing glass. This is internationally recognized award winning "Zero Waste" Technology. The Company is developing a portfolio of environmentally beneficial "Zero waste" processing and mining technologies. Itronics has received numerous domestic and international awards that recognize its ability to successfully use chemical science and engineering to create and implement new environmentally green recycling and fertilizer technologies.
The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company's "e-store" on Amazon.Com at: https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&fieldkeywords=Gold%27n+Gro . Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at "Buy Nevada First Gift Shop," 4001 S. Virginia St., Reno, NV 89502. As retail interest expands, new retailers will be added.
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.)
The Fulstone Project claims are on the west, north, and east sides of the formerly operating Minnesota Mine. The Minnesota Mine is in the northwest part of the Yerington Mining District (this western area in the Buckskin Range was historically called the Buckskin District). The Fulstone Project is about 90 miles southeast of Reno, Nevada in the Yerington Mining District. The community of Yerington, Nevada is located in the south central portion of the district.
The updated project report, which is confidential, states that the project area, and particularly the Fulstone claims, are prospective for structurally covered blind IOCG, porphyry copper, and porphyry molybdenum deposits, but also for strata-bound zinc and epithermal gold mineralization. The assessment of project prospects is based on historic archival data, published geological mapping, soil and rock geochemical sampling, several long lines of Induced Polarization survey data, and low altitude aeromagnetic mapping.
The report is available on a confidential basis to parties that have an interest in becoming investors, funding partners, or joint venture partners. The Company is currently having non-exclusive discussions that may lead to a development agreement with certain interested parties. "Copper and zinc prices are at multiyear highs and gold and silver prices are now increasing," said Dr. John Whitney, Itronics President. "Good exploration projects in major mining districts are in short supply. Because of that, our goal is to obtain exploration funding for the Fulstone project over the next several months."
"We believe that the Yerington Mining District is one of the few locations in the world that hosts a cluster of large undeveloped copper deposits," said Dr. Whitney. "With diminishing available undeveloped mineral deposits globally, the Yerington Mining District is rapidly becoming more attractive for world class mine development, as is demonstrated by the major companies that now have active development projects in the district".
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Green Technology" Company which produces GOLD'n GRO specialty liquid fertilizers, silver bullion, and silver-bearing glass. The Company's goal is to achieve profitable green technology driven organic growth in specialty GOLD'n GRO fertilizers, silver, zinc, and minerals. The Company's technologies maximize the recovery and uses of metals and minerals and by doing this maximize sustainability.
Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that converts 100 percent of the spent photoliquids into GOLD'n GRO liquid fertilizers, silver bullion, and silver bearing glass. This is internationally recognized award winning "Zero Waste" Technology. The Company is developing a portfolio of environmentally beneficial "Zero waste" processing and mining technologies. Itronics has received numerous domestic and international awards that recognize its ability to successfully use chemical science and engineering to create and implement new environmentally green recycling and fertilizer technologies.
The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company's "e-store" on Amazon.Com at: https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&fieldkeywords=Gold%27n+Gro . Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at "Buy Nevada First Gift Shop," 4001 S. Virginia St., Reno, NV 89502. As retail interest expands, new retailers will be added.
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.)