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RENO, Nev., May 07, 2019 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), an Innovative Greentech Fertilizer, Silver, and Mineral Producer, today announced that its wholly-owned subsidiary, Whitney & Whitney, Inc., has expanded its management team by hiring John Key, a seasoned mining executive, to manage Itronics’ development projects and to take a leadership role in converting Whitney & Whitney, Inc.’s partially owned subsidiary, Auric Gold & Minerals, Inc. into an operating company.
Whitney & Whitney which is widely recognized in the mining industry, is the technical services subsidiary of Itronics and provides administrative services, project management and R & D management for Itronics subsidiaries and related partnerships. Whitney & Whitney is developing the expansion plans and “Zero Waste” projects for Itronics Metallurgical and is managing the Auric Fulstone project in Nevada for Auric Gold & Minerals.
“John Key has been appointed Vice President, Projects for Whitney & Whitney, Inc. and he has been appointed President and Chief Operating Officer for Auric Gold & Minerals, Inc. He will take the lead in obtaining financing for and implementing a Phase I drilling program for the Auric Fulstone exploration project at the newly discovered Golden Valley prospect. Mr. Key will also assist in managing the Company’s other development projects, including planning and developing the Wabuska expansion, and managing the development projects for application of the KAM-Thio tailings metal recovery and remediation process. One of his first projects will be the Comstock tailings processing project,” said Dr. John Whitney, Itronics President.
Mr. Key is a successful and innovative mining engineer, operating manager, and chief executive with proven success, including COO of Pine Point Mining Limited, CEO of a base metals junior, CEO and President of a public gold mining company, and an Operating General Manager with Teck Cominco, formerly Cominco Ltd. His operating experience includes rebuilding and funding a junior gold company and taking the exploration company into production, 20 years of mine management in increasingly diverse situations and lead roles in operating, capital, political, and development. Operations managed include Red Dog, the world’s largest zinc mine, Polaris Mine, 60 km from the magnetic north pole, and an underground lead/zinc mine at Magmont in Missouri.
“I am very excited to join Whitney & Whitney, Inc. and to be able to assist with Itronics’ development projects through the Whitney & Whitney technical services operations. The Auric Fulstone project looks extremely promising and I am looking forward to leading its development. Itronics “Zero Waste” technology developments are industry leading innovations and I am looking forward to participating in development of these technologies in mining and other industries,” said John Key.
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. Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at the "Buy Nevada First Gift Shop" at 4001 S. Virginia St.
("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.)