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Itronics Inc. - A cleantech Specialty Fertilizer, Silver and Mineral Producer  

6490 S. McCarran Blvd
Bldg. C, Suite 23
Reno, NV 89510

Press Release Archives: 01/11/2012

Itronics Reports 2011 Revenues Up 11 Percent; GOLD'n GRO Fertilizer Sales Up 2 Percent, Silver Sales Up 64 Percent

RENO, NV--(Marketwire -01/11/12)- Itronics Inc. (Pinksheets: ITRO.PK - News) reported today 2011 sales of $2.84 million, 11 percent over its 2010 sales of $2.56 million. Full year GOLD'n GRO specialty liquid fertilizer sales increased by 2 percent to $2.1 million and silver sales increased by 64 percent.

Itronics is a cleantech "green" specialty liquid fertilizer company that produces "green" silver bullion and that also owns a 6,000 acre Iron Oxide Copper Gold (IOCG) mineral property (the Fulstone Project) in the prolific Yerington Copper Mining District in northwestern Nevada. The Company's goal is to achieve profitable large scale clean technology driven by sustainable growth in specialty fertilizers, silver and associated metals, gold mining chemicals, and specialty minerals.

2011 Accomplishments

During 2011 Itronics continued to focus on strengthening its business foundation to facilitate growth. The Company's "green" fertilizers are marketed under its proprietary GOLD'n GRO brand. The fertilizers are sold through a national distributor that is a wholly-owned subsidiary of one of North America's largest fertilizer retailers to farmers. GOLD'n GRO fertilizers for home lawn and garden use are sold through Itronics web site The "green" silver bullion is sold to a finish refiner and the Company sells pure silver 5 ounce "Silver Nevada Miner" bars to the general public through its web site.
In 2011 the Company:

1. Continued to expand its GOLD'n GRO customer base which is expected to produce increased sales in 2012 and future years. Plans are being implemented to expand sales into Hawaii and Idaho in 2012, and planning is underway to develop sales in Arizona and Washington. Planning is also underway to develop additional applications for GOLD'n GRO fertilizers in the California market. The effectiveness and economic viability of these applications will be demonstrated through field trials. While some sales increase may be achieved through new application field trials in 2012, success is expected to produce expanded sales in 2013 and future years.

Itronics fertilizer manufacturing operations continued to become more efficient in 2011. During the busy spring season, the time between receipt of an order and delivery of the order was shortened, and virtually all orders received during the spring planting rush were delivered on time. This improvement in overall manufacturing and delivery operations is due to close coordination with our raw material suppliers and our truckers, and with our distributor's retail branches. In 2011 our distributor worked with us to implement an "Early Order Program" which made it possible to strategically position pre-season GOLD'n GRO fertilizer inventories at key retail branches to help reduce the seasonal impact on manufacturing that typically occurs when the planting season begins. This program is being continued and refined in 2012.

2. Implemented the first phase of the Stage 1 silver refinery expansion (start up of the Itromet FeLix Leaching Process) with the 85 percent solids mass reduction goal for solids feed to the refinery being achieved in December 2010 and the first shipment of silver recovered using the new process being made in early January 2011. Implementation of the Itromet SuLix process is being deferred until the switch to continuous use of the Itromet FeLix process is completed. The SuLix process will be implemented as a second phase of the Stage 1 refinery expansion. A 50 percent refining cost savings results from use of the silver-bearing residues from the Itromet FeLix process and the refining capacity is doubled.

The silver-bearing solids being produced by photoliquids processing are now being split, with a portion of the solids being used to continue the start up of the Itromet FeLix process and the balance going directly to the refinery. Increased leaching capacity is required to expand the use of the Itromet Felix process to handle the full production of silver-bearing solids from photoliquids processing. Design of a larger leach reactor is underway and a Reno manufacturer has been selected to build the larger reactor tank. Acquisition, installation, and start up of the larger leach reactor are expected to be completed in the first half of 2012.

Work to convert the iron-bearing leach liquid produced by the Itromet FeLix process into a base liquid that can be used in certain GOLD'n GRO fertilizers was started late in the third quarter of 2011. This iron rich base liquid will be used in the GOLD'n GRO fertilizers with iron. GOLD'n GRO 10-0-0+4% Fe was selected for first use of the new base liquid. An adjusted formulation was field tested in the fourth quarter of 2011 with positive results. The fertilizer manufacturing process is being modified to accommodate the new base liquid. Successful start up and operation of the new Itromet Felix Process Technology is a major achievement for the Company that has expanded silver refining capacity and improved economics for current operations and created substantial opportunities for future growth.

3. Now owns 303 lode mining claims in its Fulstone Project which encompass 6,060 acres, approximately 9.5 square miles. During the year a presentation notebook for the project was prepared and work was done to improve the geologic understanding for the project area. This work will be continued in 2012. During the year three major copper mining companies and one junior mining company expressed interest in the project.

Itronics' Fulstone Project gives it a significant mineral land position in one of the most attractive undeveloped copper mining districts in the world. The Yerington Copper District hosts several very large nearby undeveloped copper-gold deposits. One of these, about 20 miles away, is an IOCG deposit and has a resource approaching one billion tons. Another, which is about five miles away, is a porphyry copper deposit with gold, silver, and molybdenum that has a resource of more than 800 million tons. Both of these deposits are "elephants" on a world scale. There are four smaller copper deposits and several attractive prospects, including the Fulstone Project, in the district. The Company believes that the Yerington Copper District is one of the few locations in the world that hosts such a cluster of large undeveloped polymetallic copper-gold deposits.

Some of the largest polymetallic copper gold deposits in the world are classified as IOCG deposits. These deposits often contain a variety of extractable metals and minerals including specialty minerals, uranium, and rare earths. The copper deposits in the Yerington Copper District typically contain iron, copper, gold, silver, molybdenum, and sulfur. Uranium occurs in at least one of the deposits in the district and specialty minerals have been identified at the Fulstone Project.
The Yerington Copper District is globally attractive, because it is mineral rich, and is in a "politically safe" location with much infrastructure including rail service in place, and a skilled work force readily available. Nevada is one of the most mining friendly states in the United States, and in the world. Itronics' 6,000 acre Fulstone Project gives it a strategic mineral land asset in this globally important copper district.

2012 Outlook

As demonstrated again in 2011, the weather, which cannot be readily forecasted, can have significant negative effect on both silver and fertilizer sales, because silver recovery is directly related to production of base liquids for fertilizer manufacturing. Our current outlook, assuming positive weather in 2012, and related agricultural cropping patterns in our California markets, is that 2012 sales will increase compared to 2011. The Stage 1 silver refinery expansion is progressing and is expected to increase silver refining capacity sufficient to support a significant increase in "internally produced" silver output.
Receipts of silver-bearing photographic liquids continue to be more than sufficient to meet the requirements for on-going and expanded GOLD'n GRO fertilizer sales and are expected to continue to be more than adequate. The switch to digital image capture and transfer in the photography segment is stabilizing with continuing silver halide technology use for print production and for production of X-rays for medical archiving purposes. This on-going use of silver halide technology continues to produce silver-bearing liquids which are raw materials for Itronics processing and GOLD'n GRO fertilizer manufacturing.
2011 Sales Results

Unaudited Revenues for the fourth quarter, and full year ended December 31, 2011 together with comparative figures for 2010 are presented below:

The full year GOLD'n GRO liquid fertilizer revenue increase of 2 percent was impacted by unusually cool, wet weather through June and in the fourth quarter by a very late harvest in the California market that was followed by early onset of unusually cold dry winter weather.

Silver revenues for the year increased 64 percent on higher silver prices. Expansion of the Itromet FeLix process is expected to continue to increase the amount of silver for sale in 2012.

Dr. John Whitney, Itronics President said, "While 2011 presented many challenges, the Company ended the year on a positive note, and expects solid progress in 2012. In 2011 we successfully began operating the new Stage 1 Felix leaching process, and we made substantial progress staking lode mining claims to expand mineral land ownership for the Fulstone Project. Both of these projects are expanding the Company's foundation for solid future growth in operations and mineral assets."

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 web site,, which provides a value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and Junior Mineral Stocks.


("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements. The Company's business is subject to significant 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 any 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.)

Paul Knopick



Recent News (archives)

05/07/19 - Itronics Expands Management Team to Accelerate Its “Zero Waste” Project Developments and the Auric Fulstone Project

04/23/19 - Itronics Reports 56 Percent Increase in 2019 First Quarter Revenues and Provides Updates on Current Operations and Growth Projects

04/12/19 - Itronics Reports 2018 Year End Results; Updates Operations Expansion and Diversification Progress

03/05/19 - Itronics Discovers Strong Evidence Of A Tertiary Polymetallic Low Sulfidation Gold System At Its Auric Fulstone Gold Silver Zinc Copper Project

02/05/19 - Itronics 2009 Limited Edition of Its Popular Collectible 5-Troy Ounce Silver Nevada Miner Bars Now Available

01/29/19 - “Recycling Today” Details Itronics’ Successes, Future Plans

01/17/19 - ITRO Recycling Tin- MoneyTV with Donald Baillargeon

01/15/19 - Itronics Starts R&D To Recover Tin, A U.S. Critical Mineral, And Copper From Silver Bullion Produced By Its "Breakthrough Technology" Printed Circuit Board Refining Pilot Plant

12/11/18 - Uptick Newswire's 'Stock Day' Podcast to Interview Itronics Inc.'s Dennis Bradley December 18th on Expansion into its 2nd plant with 60,000 square feet

12/04/18 - Itronics Completes Purchase of Centrifuge That Eliminates Production Bottleneck in Its Hydromet Processes

11/20/18 - Itronics Inc. (OTC:ITRO), a diversified producer of GOLD’n GRO zinc fertilizers and silver products and a green “Zero Waste” technology development Company, today announced sales results and summarized its operations and growth projects for the third quarter and first nine months ended September 30, 2018.

11/13/18 - Itronics Completes Successful Start Up Tests of Centrifuge to Eliminate Production Bottleneck in Its Hydromet Processes

10/23/18 - Itronics Discovers Surface 0.4 Ounce per ton Gold and Surface 5 Percent Copper at its Nevada Auric Fulstone Gold Silver Zinc Copper Project

10/19/18 - The Morgan Report to Interview Dr. John Whitney November 2nd on Itronics Inc. E-Waste Urban Mining Breakthrough Technology

10/02/18 - Itronics Expands GOLD’n GRO Sales Team to Improve Field Support for Its California Distributor

09/20/18 - Itronics President Dr. John Whitney Guest Speaker at Prestigious Resource Recovery Conference; Discusses Itronics’ Breakthrough “Zero Waste” Technologies

09/11/18 - Itronics’ Breakthrough Technology to Clean Cyanide out of Leached Mining Materials and to Extract Silver, Gold and Other Valuable Metals is Detailed

09/06/18 - Mineral extraction pioneer rethinks metallurgy

09/06/18 - Itronics Takes Delivery of Centrifuge to Eliminate Bottleneck in its Hydromet Processes

08/30/18 - Itronics Begins KAM-Thio Tests to Recover Silver and Gold From High Grade Mineralized Rock

08/21/18 - Itronics E-Scrap Circuit Board Supplier, New2U Computers, Receives “Responsible Recycling” R2:2013 Certification

08/08/18 - “Imagine a World Without Waste” Dr. John Whitney, CEO, Itronics Inc. Is Doing Just That

07/17/18 - Itronics to Begin Testing of Centrifuge Technology for Its Hydromet Processes

07/10/18 - Itronics Increases Silver Content of Its Bullion by 50 Percent

06/19/18 - Itronics New E-Scrap Grinder Increases Furnace “per Melt” Yield by More Than 50 Percent

06/12/18 - Itronics President, Dr. Whitney, Invited Guest at Comstock Mining Annual Meeting of Stockholders

06/05/18 - Itronics Reports 2018 First Quarter Total Revenues and Provides Updates on Current Operations and Growth Projects

05/10/18 - Itronics Shares KOLO-TV News Story- MoneyTV with Donald Baillargeon

05/03/18 - Itronics Announces: Positive Results From KAM-Thio Tests With Comstock Mining to Recover Silver, Gold While Neutralizing Cyanide

05/01/18 - Itronics Announces Exclusive Option to Purchase 48 Acre, 54,000 Square Foot Manufacturing Facility

04/17/18 - Itronics’ Breakthrough Technology to Extract Gold, Silver, Palladium, Copper and Tin From Computer Wastes Proving Out in Tests

04/03/18 - Itronics Increased E-Scrap Grinding Capacity Will Impact Revenue

03/27/18 - Itronics Takes Delivery of Commercial Scale Grinder to Increase E-Scrap Grinding Capacity

01/23/18 - Itronics Reports 78 Percent Sales Increase in Fourth Quarter and a 29 Percent Increase for 2017

01/11/18 - Itronics Selected as One of 10 Most Sustainable, Green/Earth Friendly Businesses in Northern Nevada

01/04/18 - Gold In E-waste Valued at $22 Billion Thrown Away In 2016, New Study Shows

12/14/17 - Itronics Reports Positive Results From KAM-Thio Tests to Recover Silver, Gold and Neutralize Cyanide From Leached Mine Tailings

11/30/17 - Itronics Purchases Commercial Scale Grinder to Increase E-Scrap Grinding Capacity

11/07/17 - Itronics Increases Per Melt Silver Bullion Production by 24 Percent Using E-Scrap as a Refining Melt Ingredient

10/26/17 - Itronics Reports 2017 Nine Month Sales Increase Of 19 Percent; Updates Operations Expansion And Diversification Progress

10/03/17 - Itronics President Dr. John Whitney to Attend Worcester Polytechnic Institute Center for Resource Recovery and Recycling Fall Meeting; Key Recycling Leaders Worldwide

09/14/17 - Itronics President Dr. John Whitney to Speak About Breakthrough E-Scrap Refining Technology at Prestigious Resource Recovery Conference

09/06/17 - Itronics Reports 2017 First Half Revenue Increase of 28 Percent; Operations, Expansion and Diversification Updated

08/30/17 - Itronics Updates Its Fulstone Gold, Zinc, Silver, Lead, Copper, And Molybdenum Exploration Project

08/15/17 - Itronics Ships Silver-Copper Bearing Glass Produced by Its Breakthrough Technology in E-Scrap Refining

08/08/17 - Itronics Begins Tests to Recover Silver and Gold From Leached Mine Tailings and From Virgin Ore Using Its KAM-Thio Technology

07/20/17 - Itronics Reports 2017 First Quarter Total Revenues and Updates Operations Expansion and Diversification Progress

07/11/17 - Itronics GOLD'n GRO Fertilizer Sales up 35 Percent in Second Quarter

06/22/17 - Itronics GOLD’n GRO Fertlizer Sales Up 23 percent in January-May 2017

06/20/17 - Dr. John Whitney, Itronics President, To Speak at Colorado School of Mines on Recycling Metals from Industrial Waste

06/06/17 - KOLO8 NEWS - Made in Nevada: Itronics

05/26/17 - Itronics Recycling Computer Boards- MoneyTV with Donald Baillargeon

05/23/17 - Itronics Expands Silver Bullion Production Using E-scrap

05/02/17 - Itronics Updates Breakthrough E-Scrap Recycling Progress

03/30/17 - Itronics Reports 2016 Sales and Updates Operations Expansion and Diversification Progress

03/16/17 - Itronics Announces Stable, Long Term Storage Breakthrough for GOLD'n GRO Micronutrient Fertilizers

03/14/17 - Itronics' Early 2017 GOLD'n GRO Fertilizer Orders up 54 Percent

03/12/17 - MoneyTV with Donald Baillargeon - John Whitney, Ph.D., CEO

01/17/17 - Itronics Ships Silver Bullion Produced by "Break-Through" Technology in E-Scrap Refining

12/13/16 - Itronics Reports 2016 Third Quarter Sales up 13 Percent

11/15/16 - Itronics Develops Breakthrough Technology That Separates Copper and Silver Recovered by New E-Waste Refining Process

11/07/16 - Reno-based Itronics scales up leach reactor plant

11/07/16 - Itronics completes installation of scale-up of its Pilot Leach plant

11/01/16 - Itronics Completes Installation of a Five Times Scale up of Its Pilot Leach Plant

10/24/16 - Itronics Third Quarter 2016 GOLD'n GRO Fertilizer Sales up 17 Percent

09/15/16 - Itronics July-August 2016 GOLD'n GRO Fertilizer Sales Up 62 Percent

09/13/16 - Itronics Reports 2016 First Half Total Revenues and Updates Operations Expansion and Diversification Progress

08/09/16 - Itronics Completing Five Times Scale Up of Its Pilot Plant, Producing Silver Concentrates for Refining and Raw Materials for GOLD'n GRO Fertilizer

08/02/16 - Itronics Now Producing Elemental Sulfur, a New Product

07/26/16 - Rising Metals Values Pull Minerals Producer Into E-Scrap Refining

07/21/16 - Silver lining > Dr. John Whitney is the inventor of a fertilizer made from recycled materials

07/15/16 - Itronics Starts Silver Refining Campaign to Measure Recovery of Gold and Palladium From E-Scrap

07/08/16 - Upticknewswire - Itronics Inc. John W. Whitney

07/08/16 - Investor Town Hall - Itronics, Inc - CEO Dr. John A. Whitney

07/07/16 - Itronics Publishes 2016 Corporate Profile

06/14/16 - Itronics Completes E-Waste Grinder Installation; E-Waste Can Be Profitable Venture

06/10/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

05/20/16 -  WallStreet Research Featured Company: Itronics Inc.

04/28/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

04/19/16 - Itronics Reports 2016 First Quarter Total Revenues and Updates Operations Expansion and Diversification Progress

04/07/16 - Itronics updates operation results, reports 2015 sales (Reno Gazette-Journal)

03/31/16 - Dr. John W. Whitney on MoneyTV with Donald Baillargeon

01/20/16 - Itronics Updates Operation Results and Reports Full Year 2015 Sales

01/07/16 - Itronics' 2015 Fourth Quarter GOLD'n GRO Fertilizer Sales Increased 26 Percent; Full Year Fertilizer Sales up

12/08/15 - Itronics Obtains Funding for Installation and Start up of a New Leach Reactor System

11/19/15 - Itronics Updates Operation Results; Reports Nine Month 2015 Sales

11/12/15 - Itronics Completes Installation and Start Up of New Glass Slag Crusher and Crushed Glass Screening Machine in Its Silver Refinery

10/29/15 - Itronics Reports First Nine Months 2015 GOLD'n GRO Fertilizer Sales Volume Increase; Revenues Down Slightly

10/27/15 - Itronics Wins Manufacturing Excellence Award

10/06/15 - Itronics Ships First Silver Produced by Its New Refining Technology



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