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Itronics (OTC PINK: ITRO), a diversified zinc fertilizer and silver producing green technology Company, today announced that it has started silver bullion production using e-scrap (ground up computer circuit boards) as a “cost reducing” precious metal bearing raw material. E-scrap is readily available in large quantities, creating the opportunity to expand the breakthrough recovery operation …
Itronics (OTC PINK: ITRO), a diversified zinc fertilizer and silver producing green technology Company, today announced that it has started silver bullion production using e-scrap (ground up computer circuit boards) as a “cost reducing” precious metal bearing raw material. E-scrap is readily available in large quantities, creating the opportunity to expand the breakthrough recovery operation in phases to a meaningful commercial scale.
Dr. John Whitney, Itronics President, commented:
“Bullion sales from this process will begin to generate revenues for Itronics early in the third quarter. The new revenue stream will be coming on line when seasonal fertilizer sales are declining. The drought in California has ended. GOLD’n GRO fertilizer sales are increasing above expectations there and the new silver bullion revenue stream will provide a welcome addition to revenues in the second half of this year.”
Itronics has done more than 20 test melts using one of its large furnaces and this generated part of the bullion shipped early this year and has subsequently produced several hundred ounces of bullion not yet shipped. The test melts have been working well so the Company has put its second large melting furnace into operation. Itronics is now operating both furnaces and is establishing an operating schedule for bullion production. Current silver bullion production is approximately 1500 troy ounces per month.
Process optimization is continuing and further furnace operation improvements are being identified and implemented as part of the process into continuous operation.
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