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3. 0
TABLE OF CONTENTS
1.0 Company Overview: What we are .......................................................................................................... 1
1.1 “Zero Waste” Operations ............................................................................................................ 2
1.2 GOLD’n GRO: Next Generation Fertilizer .................................................................................. 3
1.3 GOLD’n GRO Guardian Deer Repellent Fertilizer ..................................................................... 4
1.4 Advanced Silver Recovery Technology ...................................................................................... 5
1.5 “KAM‐Thio”‐ Next Generation Extraction/Remediation Chemical for Mining .................... 7
1.6 “Zero Waste” Technology Extensions Under Development .................................................. 9
1.7 Mining Subsidiary: Auric Gold & Minerals, Inc. ....................................................................... 9
2.0 How we got here: Saving the Truckee River & Pyramid Lake Fisheries ........................................... 10
2.1 Itronics Awards for Creative Green Technology .................................................................... 12
3.0 Current Operations: Where we are ...................................................................................................... 14
3.1 Photoliquid Processing/Fertilizer Manufacturing .................................................................. 14
3.1.1 Photochemical Services ................................................................................................ 15
3.1.2 GOLD’n GRO Fertilizer Manufacturing ....................................................................... 15
3.1.3 GOLD’n GRO Fertilizer Sales ........................................................................................ 15
3.2 Silver Recovery and Refining .................................................................................................... 17
3.2.1 Iron Silver Sulfur Concentrate Leaching ..................................................................... 17
3.2.2 Silver Concentrate Smelting & Refining ..................................................................... 18
3.3 Minerals Division ........................................................................................................................ 19
3.4 Itronics’ Sales; past 5 years ....................................................................................................... 20
4.0 Business Expansion Plans and Projects: Where we are going .......................................................... 21
4.1 Business Plan Eight‐part Approach to Growth ....................................................................... 21
4.2 Market Scope for Photoliquid Recycling and Related Technologies................................... 22
5.0 Senior Management and Directors ....................................................................................................... 25
6.0 Safe Harbor Statement & Contact Information .................................................................................. 26
4. 1
Itronics Inc.
OTC: ITRO
Address
6490 South McCarran, C-23
Reno, Nevada 89509
Website
www.itronics.com
Phone number
(775) 689-7696
E-mail address
investor@itronics.com
Founder, President, CEO
John W. Whitney
NAICS Number
325314
Industry
Fertilizer Manufacturing
Fiscal Year ends
December 31, 2014
Transfer Agent
Securities Transfer Corp
2591 Dallas Parkway
Suite 102
Frisco, Texas 75034
(469) 633-0101
Shares Outstanding
11,650,296 (04/26/2016)
Dec 31, 2015 Closing Price
.25
52 Week High
.50
52 Week Low
.09
Market Cap
2.91 million (12/31/2015)
Avg Daily Volume (3
months)
2762 shares
1.0 Company Overview: What we are
Headquartered in Reno, Nevada, Itronics Inc. (the Company) is
using its integrated portfolio of “Zero Waste Green Technologies” to
produce GOLD’n GRO specialty liquid fertilizers, silver bullion, and
silver‐bearing glass at its 35,000 square foot factory. Itronics is using
R&D to expand its integrated green technology portfolio to diversify
and increase sales and to increase capacity utilization in its factory.
The Itronics Technologies are “cost reducing” and create
business opportunities that did not previously exist. Some of the
technologies being developed are “energy saving”, another significant
environmental advantage.
The business model is unusual because it is a “win” for the
environment, a “win” for its waste generating customers, a “win” for
its fertilizer customers, and a win for Itronics stakeholders including
employees, lenders, and shareholders. Itronics benefits by being paid
a fee for handling the waste materials, fees for processing the
materials to remove their hazardous components, fees for refining
and selling the silver, and then it is paid market prices for its GOLD’n
GRO fertilizers which are environmentally beneficial and improve crop
quality and yield for farmer customers. Itronics employees are
participants in a “Zero Waste” green technology company that has
tremendous potential for growth created by inventing, developing,
and operating technologies that did not previously exist.
The Company’s operations are recognized as “Zero Waste”
because they convert spent hazardous silver‐bearing photographic
liquids to GOLD’n GRO specialty liquid fertilizers, silver bullion, and
silver‐bearing glass thereby completely eliminating the photographic
waste stream. This novel capability, which has been commercially
operational since early 2000, has been internationally recognized as
“Zero Waste” technology because it converts 100 percent of the
hazardous waste to saleable goods. A prestigious British
organization that is supported by the British Government has
designated Itronics as an “International Green Hero” thereby
validating the global significance of Itronics’ “Zero Waste”
technologies.
Today the GOLD’n GRO fertilizers have transformed the
original business concept and created large‐scale long term profitable
growth opportunities for Itronics.
5.
1
“
G
w
O
u
E
T
E
w
o
a
G
m
i
s
p
e
1.1 “Zero
Throu
“Beneficial U
GRO liquid fe
world that do
The It
Owned Treat
used to mak
Everything re
The hazardou
Environmenta
waste” when
Itroni
operational c
applications t
GOLD’n GRO
materials for
Itroni
ntegrated te
silver and zin
products, incl
emerging KAM
o Waste” O
ugh its subsid
se” plant in t
ertilizers, silve
oes this.
tronics factor
ment Works.
e fertilizers
ceived is conv
us spent silve
al law when
so used.
ics has an o
capabilities to
that have lar
fertilizers an
use in manuf
ics is using ch
echnologies t
c bearing ind
luding GOLD’
M‐Thio minin
Operation
diary, Itronics
the United S
er bullion, an
ry is a “zero d
The manu
or are sent
verted to com
er‐bearing ph
used in the
on‐going pro
o increase no
ge‐scale mar
nd one of its
facturing GOL
hemical scien
hat convert
dustrial hazar
’n GRO fertili
g process che
s
s Metallurgica
tates that co
nd silver bear
discharge” fac
facturing ope
to the refini
mmercial goo
hotographic li
Itronics Conv
ogram of int
on‐seasonal s
rket potentia
s R & D obje
LD’n GRO fert
ce and engin
spent hazard
rdous wastes
zers, silver p
emistries, and
2
al, Inc., Itron
onverts 100 p
ring glass. Th
cility. Only
erations are i
ng operation
ds and sold.
iquids are cla
version Proce
ternal techno
sales and to
l. Itronics c
ectives is to
tilizers.
neering to inv
dous silver‐be
that are gen
roducts inclu
d potentially z
ics is the onl
percent of th
his fully integ
human waste
ntegrated so
n which does
assified as a
ess. They are
ology resear
diversify by
continues to
use its proc
vent, develop
earing photo
nerated throu
uding silver b
zinc and othe
ly company w
he spent phot
grated plant i
e is discharge
that interna
s not genera
raw material
no longer d
rch and deve
developing
make quality
cess technolo
p, and comme
graphic liqui
ughout the w
ullion and sil
er metal prod
with a fully p
toliquids into
s the only on
ed to the loca
l product stre
ate any wast
l under Unite
defined as “h
elopment to
technology e
y improveme
ogies to prod
ercialize a po
d wastes and
world into com
ver‐bearing g
ucts.
permitted
o GOLD’n
ne in the
l Publicly
eams are
te either.
ed States
azardous
o expand
extension
nts in its
duce raw
rtfolio of
d certain
mmercial
glass, the
6.
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1.2 GOLD
Itroni
development
category of f
which did not
do the photol
New
population’s
Company’s u
Winning GOL
fertilizers cal
fertilized. T
which is comm
The c
fertilizer in cu
fertilized by t
availability of
micronutrient
satisfy crop m
GRO fertilizer
The c
smaller quant
used in larger
upon compet
for agricultura
Ultim
and yields an
sold in Califor
subsidiary of
argest agricu
California inc
vegetables, co
D’n GRO: N
ics GOLD’n
, and comme
fertilizing mat
t previously e
liquid process
fertilizers lik
requirement
nusual raw
LD’n GRO fe
led “chelated
he GOLD’n G
monly applied
chelated micr
ustom tailore
he Grower Cu
f micro‐nutrie
ts by more th
micronutrient
rs is now bein
chelated micr
tities. The C
r quantities.
titive pricing a
al sustainabil
mately the GO
d help mitiga
rnia through
Agrium, a p
ultural fertiliz
lude almond
otton, and sil
NEXT GENE
GRO fertilize
ercialization o
terials that im
exist, was dev
sing and GOL
ke GOLD’n G
for more fo
material (dem
ertilizers, pro
d micronutrie
GRO fertilizer
d separately.
onutrient fer
ed field mixes
ustomers. GO
ents to the pl
han 200 perc
t requiremen
ng branded as
ronutrient fe
Company also
These GOLD
and superior
ity are expect
OLD’n GRO fe
ate world hu
Crop Product
ublicly trade
zer retailers.
s, pistacios, p
eage corn.
ERATION F
ers generate
of the GOLD’n
mprove crop
veloped and
D’n GRO fert
GRO are des
od productio
metallized sp
vides a sign
ents” that p
s also include
tilizers are us
s that are for
OLD’n GRO fe
ants. In ma
ent, thereby
ts. The nutrit
s “GOLD’n GR
rtilizers have
o produces m
D’n GRO ferti
performance
ted to attract
ertilizers have
nger and imp
tion Services,
d New York
Crops curr
pecans, engli
3
FERTILIZER
e 85 to 90
n GRO special
quality and
commercializ
ilizer manufa
sperately ne
on while avai
pent photogr
ificant comp
rovide nutrie
e a significan
sed as supple
mulated by t
rtilizers incre
any cases this
reducing the
tional packag
RO Green Tech
e a much high
ulti‐nutrient
ilizers are gai
e. As brand
t increasing n
e the potent
prove sustain
, an agricultu
Stock Exchan
rently being f
ish walnuts,
R
percent of
ty fertilizers h
yield. This
zed by Itronic
cturing, is ow
eded becaus
lability of ag
raphic liquids
petitive adva
ent metals a
nt amount of
ments to bul
he Ag Retaile
ase crop qua
s increases th
e amount of m
ge that provi
h”.
her value tha
fertilizer blen
ning market
recognition e
umbers of cu
ial to signific
ability. The
ural fertilizer
nge listed co
fertilized wit
all types of g
its annual s
has created a
new type of
cs and the in
wned by Itron
se of the ra
ricultural lan
s) used as a
ntage in a c
nd minerals
f sulfur which
k nitrogen, p
er for each fa
lity and yield
he effectivene
micro‐nutrien
des these be
an bulk fertil
nds that are l
recognition a
expands, the
ustomers.
cantly improv
e GOLD’n GRO
distributor th
mpany that
th GOLD’n G
grapes, citrus
sales. The in
and establishe
f fertilizing m
tellectual pro
ics.
apidly growin
ds is decreas
base for th
category of
for the plan
h all plants n
hosphate, an
arm field that
by improving
ess of the soi
nt fertilizer ne
enefits to the
izers and are
ower in value
and acceptan
GOLD’n GRO
ve global cro
O fertilizers a
hat is a wholl
is one of the
RO micronut
s, tomatoes a
nvention,
ed a new
materials,
operty to
ng world
sing. The
e Award
specialty
nts being
need, but
d potash
t is being
g the soil
il applied
eeded to
e GOLD’n
e used in
e and are
ce based
benefits
p quality
are being
y‐owned
e world’s
trients in
and leafy
7.
t
a
b
T
w
y
1
is
G
d
t
r
S
s
d
d
p
e
b
The G
than dry fert
advancement
be shipped an
That way the
world over a
years in stora
1.3 GOL
The C
s absorbed b
Guardian has
demonstrated
This n
the fertilizer a
rodents that e
The f
States. Regi
studies that a
deer repellen
deer populati
Itroni
produce this
economics im
but extensive
GOLD’n GRO f
tilizers. Bec
ts in the stabi
nywhere in th
ey can be shi
one to two y
ge and so the
D’n GRO G
Company has
by the plants
s been field
d.
novel deer re
and are not h
eat the plants
ormulation h
stration for f
are required
t fertilizer wa
ons are a pro
cs owns all o
product on a
mprove. The
field testing
fertilizers are
ause of this
ility of the liq
he world from
pped, wareh
year time fram
e stability goa
Guardian D
developed an
that it is spr
tested for
pellent fertili
harmed by the
s that have be
has been regi
field use has
to be conduc
as developed
oblem due to
of the intellec
commercial
ere are poten
is required to
complex liqu
characterist
quids. The C
m Reno, Neva
oused, and t
me. The mos
als are being m
Deer Repel
nd field teste
rayed on, or
effectivenes
izer is benefic
e repelling in
een treated a
istered with
not been co
cted by inde
to be sold in
their spreadi
ctual property
scale. It is
ntial agricultu
o demonstrat
4
uids. Liquid fe
ic of liquid f
Company’s go
da and retain
then distribut
st popular GO
met.
llent Fertil
d, but not Fe
with which i
ss, and its l
cial to the pla
gredient whi
are not harme
the Federal
mpleted due
pendent cont
n up‐scale co
ng of Lyme d
y rights and
being held fo
ural applicati
te the possibi
rtilizers are ty
fertilizers, th
oal is to prod
n their stabilit
ted to farme
OLD’n GRO fe
izer
derally Regist
it is fertilized
ong term st
ants that it is
ch they abso
ed, only repel
Environment
e to the more
tractors over
mmunities’ t
isease by dee
has develope
or developme
ons for this
lities and the
ypically much
e Company
uce GOLD’n G
ty for a perio
rs and consu
ertilizers are n
tered, a deer
d by soil appl
tability in st
s applied to.
rb into their t
lled.
tal Protection
e than $1 mil
r a two to th
hroughout th
er ticks.
ed the manuf
ent when the
deer repellen
safety.
h less stable f
is continuing
GRO fertilizer
od of at least t
umers anywh
now stable fr
repellent fer
lication. GO
torage has b
They respo
tissues. The
n Agency in t
llion cost of t
ree year per
he United Sta
facturing tech
e upscale urb
nt fertilizer t
for storage
g to make
rs that can
two years.
ere in the
rom 2 to 4
rtilizer that
OLD’n GRO
been well
ond well to
e deer and
the United
the formal
iod. This
ates where
hnology to
an market
echnology
8.
1
c
a
r
p
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t
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T
li
1.4 Adva
Itronic
contained in t
and sulfur.
efining techn
process. Ini
proprietary pr
Today
equirement
emperature o
ncrease in op
consider proc
emperature r
Over
ecovery proc
photoliquids.
Company det
chemical leac
sending them
ecovered iron
The C
has now perf
The new leach
iquid form th
anced Silve
cs developed
the spent ph
Recovery of
nology and so
tially the re
rocedures and
y new refinin
by 44 perce
of the refinin
perating tem
cessing of sc
range.
the years, th
cess has dec
Rather tha
ermined that
ching techno
to the silver
n and sulfur a
Company has
ected it so t
hing technolo
at is used as
er Recover
d the chemic
otographic li
the silver fr
o the Compan
ecovery of t
d fluxes. Ele
ng furnace t
ent compared
ng furnaces fr
mperature. T
crap circuit
he silver con
clined signific
n expand the
t it would re
logy (hydrom
r refinery for
as raw materi
been develo
hat a 5 time
ogy, named F
a raw materia
ry Technol
cal process t
quids. The
rom this typ
ny developed
the silver wa
ectric furnace
technology h
d to the pre
rom 1,900 de
The increase
boards (e‐sc
ntent of the
cantly due t
e refinery cap
quire much l
metallurgy) to
silver recove
ials for manuf
oping this new
s increase in
FeLix and SuL
al in GOLD’n
5
logy
that is used
silver is reco
e of materia
d its own refi
as accomplis
es are used to
has been dev
evious techn
grees Fahren
in operating
rap) which c
silver iron s
to reduction
acity to hand
less capital a
o recover iro
ery. The Com
facturing the
w leaching te
the capacity
Lix, is able to
GRO fertilizer
to recover
overed in a co
al is difficult
ning technolo
shed by fire
o do this.
veloped whi
ology while
nheit to 2,200
g temperatur
can be perfo
ulfur concen
in the silve
dle larger volu
and be enviro
on and sulfu
mpany is able
GOLD’n GRO
echnology at
y of the pilot
recover 75 p
r manufactur
nearly 100
oncentrate th
using conve
ogy to perfor
e refining (p
ch reduces
increasing th
0 degrees Fah
re has create
ormed succe
ntrates produ
er content of
umes of lowe
onmentally b
r from the c
e to do this b
O fertilizers.
a pilot scale
t operation is
percent of the
ing.
percent of t
hat also cont
entional smel
rm the silver
pyrometallurg
the electrica
he reliable o
hrenheit, a 15
ed the oppor
essfully in th
uced by the
f the receive
er grade mate
etter to deve
concentrates
because it can
for several y
s being imple
e concentrate
he silver
tains iron
lting and
recovery
gy) using
al energy
operating
5 percent
tunity to
e higher
chemical
ed spent
erials, the
elop new
prior to
n use the
years and
emented.
e mass in
9.
All
refinery for
the produc
which also
produced c
The
production
economic.
operation i
The
Both the te
e‐scrap is re
The
silver bullio
useable for
its silver, g
operations
If t
producer w
GRO fertiliz
flue dusts a
of the silver
r silver recov
ctivity of the
reduces the
contains a sm
e Company
of decorativ
This techn
s significantly
e Company is
echnical and
ecovered into
eoretically, it
on. If this p
r production
gold, and pa
.
he silver alloy
which could ha
zers has prod
and in silver a
is retained in
ery. The re
refining furn
e amount of
all amount of
has develope
e tile, but the
nology is ava
y expanded.
s testing the
economic fe
o the silver bu
is possible th
proves to be
of solder by
alladium con
y outcome is
ave economic
duced. The
and alkaline b
n the residua
duction in m
naces by 10
glass slag tha
f silver and is
ed a process
e amount of
ailable for c
feasibility of
easibility are
ullion being p
hat copper an
the result, th
solder manuf
ntent, and co
realized, the
c benefits sim
alloys would
battery scrap i
6
al concentrate
ass of concen
times and re
at is produce
sold to a cop
s to incorpo
silver bearing
ommercial d
adding e‐scra
being studie
produced by t
nd tin contain
hen the silve
facturers. A
ould significa
en it opens th
milar to the fin
be produced
in addition to
es produced
ntrate being
educes the am
ed. The glas
pper smelter.
rate the gla
g glass being
development
ap as a feed
ed. Silver, go
the refining o
ned in the e‐s
r bullion will
As such it wo
antly increas
e door for th
nancial benef
d using residu
o the metal co
by this opera
produced for
mount of flu
ss slag (silve
ss slag as a
produced is
in the futu
material for
ld, and palla
peration.
scrap will also
become a s
uld have grea
se the profit
e Company t
fits that deve
ual metals co
ontents of the
ation and is s
r refining has
x required fo
r bearing gla
raw materi
too small for
ure when th
the refining
dium contain
o be recovere
ilver alloy th
ater value th
tability of th
to become a s
lopment of th
ntained in zin
e e‐scrap.
sent to the
increased
or refining
ass) that is
al for the
r this to be
e refining
operation.
ned in the
ed into the
at may be
an just for
e refining
silver alloy
he GOLD’n
nc bearing
10.
1.5 “K
Itro
variability i
related to c
is done in t
the fertiliza
and reduce
Itronic
sales. One
in the exis
significant.
in some of
use a great
hazardous
businesses
provide a s
stabilizing s
strengthen
The C
able to lea
extension f
been exten
extension
contaminat
In 201
Itronics is p
outside lab
companies
K
AM‐Thio”
onics is active
in GOLD’n G
crop growing
he spring wh
ation is done
e manufacturi
cs has severa
e of those pr
sting GOLD’n
KAM‐Thio
the mining o
er quantity o
waste landf
and medical
steady supply
silver bullion
Itronics in a v
Company inv
ach silver fro
from one of
nsively field t
is being bra
ted industrial
15 two cyanid
preparing to
boratory. Th
with one or m
KAM
: Next Gen
ely developing
RO fertilizer
patterns ove
en crops are
in late winte
ng plant utiliz
l R&D projec
rojects is the
n GRO manu
will have an “
operations.
f the availabl
ills. This ph
x‐ray facilitie
y of silver‐bea
and silver‐be
very significa
ented and is
m the Comp
Itronics’ field
tested as an
nded as “KA
waste.
de neutralizat
move forwa
he Company
more of their
M‐Th
neration Ex
g extension te
sales caused
r the course o
planted or w
er through sp
zation to a lo
ts underway
Company’s K
ufacturing op
“all year roun
The acquisit
le supply that
hotoliquid su
es. All year
aring concent
earing glass sa
nt way by inc
developing t
pany’s silver‐b
d proven fert
additive to a
AM‐Thio” for
ion tests wer
ard with furt
y is also inte
mines to furt
hio
7
xtraction/
echnologies t
d by adverse
of a year. In
hen they are
ring. When
w level.
that have th
KAM‐Thio tec
peration. Th
nd”, moderate
tion of spent
t is presently
upply is gene
r round proce
trates for Itro
ales. Overa
creasing and s
the liquid pro
bearing glass
tilizers which
agricultural fe
r use in min
re conducted
her demonst
erested in w
ther develop
o
Remediati
to increase an
weather an
n areas with o
in early grow
crops are m
e goal of sta
hnology. Pr
he benefits o
ely seasonal m
silver‐bearin
being dispos
erated all ye
essing of pho
onics’ refining
ll, the KAM‐T
stabilizing sal
oduct (KAM‐T
s. This prod
is registered
ertilizer field
ning and for
and were su
tration testin
working with
the technolo
ion Chemi
nd diversify s
d drought, a
one crop per
wth stages.
aturing, ferti
bilizing, expa
roduction of
of KAM‐Thio
market due t
g photoliquid
ed by the gen
ear round by
otoliquids to p
g operation t
Thio technolo
es throughou
Thio) that neu
duct was inve
d in Nevada a
blends. Th
r possible us
ccessful in ne
g by working
one or mo
ogy.
cal for Min
ales, and to r
and by the s
year, most fe
For tree crop
lizer sales slo
nding, and d
KAM‐Thio wi
to the Com
o wintertime
ds can be exp
nerators to se
y the photop
produce KAM
thereby expa
ogy has the po
ut the year.
utralizes cyan
ented as a t
and Californi
is fertilizer t
se in treatin
eutralizing th
g with an ex
ore silver go
ning
reduce the
easonality
ertilization
ps, most of
ow sharply
iversifying
ll be done
mpany are
cut‐backs
panded to
ewer or to
processing
M‐Thio will
nding and
otential to
nide and is
echnology
a and has
echnology
g cyanide
e cyanide.
xperienced
old mining
11.
K
w
a
t
r
p
I
t
p
l
t
f
p
i
r
w
y
w
The Com
KAM‐Thio is u
which is not e
and metal rem
to neutralize
released from
possibility fin
n a limited
technology w
Several
photoliquids
iterature, the
types of oxidi
for those dep
process would
mproved rec
remediation,
will be tested
years.
Longer t
while improvi
mpany believe
used to neutr
economically
moval using K
cyanide using
m its reclamat
ancially attra
number of c
ill be introdu
years ago t
readily disso
e Company b
zed copper g
posits. Sulfu
d offer benef
overies, (2) p
and (4) pote
and may be
erm, KAM‐Th
ng mineral re
es based on
ralize cyanide
recoverable
KAM‐Thio ma
g KAM‐Thio m
ion bonding e
active. Toda
cases remedi
ced to the Ne
he Company
olve copper.
believes that
old silver dep
uric acid is a
fits similar to
potential for r
ntial for rem
introduced to
hio may be ab
esource susta
testing perfo
e it will simult
using curren
y be useable
may shorten
earlier. Rec
ay, remediati
ation is still
evada gold m
y conducted
Because o
KAM‐Thio ma
posits. It wou
hazardous c
those which
reduction in r
ediation and
o the Nevada
ble to substa
ainability.
8
ormed on go
taneously rec
t technology
as a low ana
the remediat
clamation bon
on to mine p
on‐going aft
ining industry
a series of
f this test w
ay be used to
ld replace the
chemical and
may be achi
reagent cons
recycling of
a and Arizona
ntially reduce
old mill tailin
cover some o
. The mine
lysis fertilizer
tion time and
nds can be in
permit stand
ter 30 years.
y over the ne
tests which
work and inf
o recover cop
e sulfuric acid
does not re
eved in silver
umption, (3)
certain mine
a copper mini
e the negativ
gs in the ear
of the gold an
water after c
r for site rem
d allow the m
the millions
ards can take
. This “brea
xt few years.
h confirmed
formation in
pper, gold, a
d recovery pr
cover gold a
r‐gold mines.
environment
e waste strea
ng industries
ve environme
rly 1990’s, th
nd silver in th
cyanide neut
ediation. T
mining compa
of dollars, ma
e from 5 to
akthrough” K
that the de
historical m
nd silver from
ocess presen
nd silver, so
These wou
tally attractiv
ms. This te
s over the nex
ental impact o
hat when
e tailings
ralization
he ability
any to be
aking this
20 years.
KAM‐Thio
e‐silvered
metallurgy
m certain
tly in use
the new
uld be (1)
ve tailings
chnology
xt several
of mining
12.
1
t
t
z
t
1
O
D
c
b
F
s
d
b
c
s
z
a
h
1.6 “Zer
The C
technologies
technologies
zinc‐bearing f
the effects of
1.7 Mini
The C
Oxide Copper
District in nor
copper distric
billion tons w
Fulstone prop
The A
size for produ
developed.
by maximizing
costs and is be
Withi
silver mineral
zinc. It has als
a separate ar
holds the pote
ro Waste”
Company has
which are i
to convert
flue dusts, an
non‐nutrient
ing Subsid
Company con
r Gold (IOCG)
rthwestern N
cts in the wor
which are in v
perty, making
Auric Fulstone
uction of up
Multi‐meta
g the amount
eing held for
n the Auric F
ization that c
so discovered
ea that is an
ential for iron
Technolog
identified a
in various st
silver‐bearing
d certain typ
t toxic metals
iary: Auric
trols, through
mineral prop
Nevada. The
ld and hosts
various stage
g it highly pros
e Project has
to seven me
l and minera
t of material
long term ex
Fulstone proje
contains anom
d high grade c
omalous for
n ore product
gy Extensio
number of ot
tages of eva
g concentrat
es of batterie
s in agricultur
c Gold & M
h its partially
perty (the Au
e Yerington M
6 copper dep
es of develop
spective for d
the potential
etals and sev
l production
recovered fo
xploration and
ect area, the
malous molyb
copper miner
copper. Th
tion as well.
9
ons Under
ther applicati
aluation, or
es, precious
es to commer
al soils.
Minerals, In
y owned subs
uric Fulstone P
Mining Distric
posits that ran
pment. Thre
discovery of o
l to host one
veral industria
will minimize
r sale. This
d developmen
Company ha
bdenum in a
ralization tha
e property is
r Developm
ions that are
under early
metal‐beari
rcial products
nc.
sidiary, Auric
Project) in th
ct is one of t
nge in size fro
ee of these d
one or more la
or more dep
al minerals in
e the environ
strategically
nt using Itron
as discovered
large area th
t contains an
s adjacent to
ment
extensions o
stage devel
ng circuit bo
s, as well as t
Gold & Mine
e prolific Yer
he largest re
om 100 millio
deposits are
arge deposits
posits exceedi
ncluding clay
nmental impa
important pr
nics’ Technolo
surface high
hat is geochem
nomalous gold
a former ope
of existing op
lopment. T
oard scrap (
echnology to
erals, Inc., a l
ington Coppe
maining und
on tons to mo
within 5 mile
s.
ing 100 millio
y and limesto
act and cost o
roject has low
ogies.
h grade zinc, l
mically anom
d and molybd
erating iron m
perational
hese are
e‐waste),
o mitigate
arge Iron
er Mining
eveloped
ore than a
es of the
on tons in
one when
of mining
w holding
lead, and
malous for
denum in
mine and
13.
2
b
R
d
f
a
a
p
c
d
b
n
W
h
o
D
p
t
2.0 How
The s
began.
Itroni
Reno and Spa
discharged in
fishery.
Silver
aquatic life.
against the st
problem.
Being
cities asked fo
Spent
dentists, x‐ray
being receive
not able to re
At th
Whitney was
heap leaching
of a process t
Dr. Whitney t
photographic
the raw spent
w We Got H
significance o
ics developm
arks, Nevada
nto the Truck
r is highly tox
In 1986 the
tate of Nevad
g familiar wit
or help. All
t silver‐beari
y facilities, ho
ed in the sew
emove all of t
he time of fo
helping pion
g is standard
to chemically
the knowledg
c liquids. Th
t silver‐bearin
Here: Sa
f the Itronics
ent of the “ze
asked Dr. Wh
ee River, a se
xic to fish, es
United State
da and force
h Dr. Whitne
parties believ
ng photoche
ospitals, and
wer treatment
he silver or a
ounding Itron
neer and build
practice for s
y separate silv
ge he used to
he new proce
ng photograp
ving the T
s “Green Tech
ero waste” ch
hitney to assis
ensitive fishe
pecially trout
es Environme
the state to s
ey’s on‐going
ved the US EP
emicals were
one hour pho
t plant was in
ny of the nitr
nics’ wholly‐
d the first silv
silver and gol
ver from gold
o develop the
ess was tested
phic liquid. T
10
Truckee Riv
hnology” “Zer
hemical proce
st in solving a
ery, that flow
t and salmon
ental Protecti
sue the cities
research int
PA approach
being discha
oto shops. A
n the spent p
rogen from th
owned subsi
ver heap leac
ld mines. A
d and silver b
e process to
d in the labor
The new proc
ver & Pyra
ro Waste” bre
ess technolog
a problem of
ws into Pyram
; too much n
on Agency (U
s of Reno and
o application
to solving thi
arged into th
All of the silv
photographic
he water, whi
idiary Whitne
ching operatio
At that project
bearing cyanid
remove the s
ratory and su
cess did not r
mid Lake F
eak‐through
gy began in 1
too much silv
id Lake, whic
nitrogen caus
US EPA) was t
d Sparks, forc
ns of silver re
s problem wa
he sewer trea
er and more
liquids. The
ich was a pro
ey & Whitne
on in the Sta
t Dr. Whitney
de solution.
silver from th
uccessfully re
emove the ni
Fisheries
is illustrated
986 when the
ver and nitrog
ch is another
es many pro
threatening t
cing them to
ecovery chem
as undesirabl
atment plant
than half the
e treatment p
blem.
ey, Inc. in 19
te of Nevada
y led the deve
This experie
he spent silve
moved the si
itrogen.
by how it
e cities of
gen being
sensitive
blems for
to file suit
solve this
mistry, the
e.
t by local
e nitrogen
plant was
976, Dr.
a. Today
elopment
ence gave
er‐bearing
ilver from
14.
b
a
c
T
t
s
f
B
L
p
o
p
n
i
p
w
c
$
T
d
t
A
f
Reno
being pressed
acquired Whi
central facilit
This approach
the Cities of R
sewer. This
fisheries.
By signif
Lake Fis
portfolio
This e
outcome for t
potentially la
need to spend
n avoided op
processing se
were estimate
communities
$300,000. T
To date the cu
In 199
de‐metallized
the developm
Agriculture e
fertilizers and
and Sparks p
d to install, an
tney & Whit
y and to dis
h was approv
Reno and Spa
solved the
ficantly
sheries,
o began
environmenta
the northern
rge legal cos
d capital for a
erating expen
ervice for nor
ed to be less
(taxpaying cit
Thus, more th
umulative sav
90 Itronics be
spent photo
ment through
extension pro
d fertilization
performed a
nd learned th
ney, Inc. in 1
pose the no
ved by the US
arks who then
problem. T
helping
the dev
al mitigation
n Nevada com
sts. Contam
a nitrogen rem
nses of a nitr
rthern Nevad
than $300,00
tizens) excee
han 95 perce
vings exceed
egan the dev
ographic liqui
appropriate
ofessors at s
to Itronics, an
feasibility stu
hat the opera
1988 to estab
n‐hazardous
S EPA, the Sta
n, in 1989, ba
Therefore th
to save
velopme
effort which
mmunities. T
mination of th
moval plant w
ogen remova
da medical an
00 net of silv
ded $6 millio
ent of the sav
$150 million.
velopment of
ds as a raw m
application
several land
nd in some ca
11
udy for a nitr
ting cost wou
blish a busine
liquid as dir
ate of Nevada
anned the dis
his invention
e the Tru
ent of It
h was led by
The threaten
he Truckee R
was avoided,
al plant. The
nd dental x‐r
ver credits.
on annually w
vings from th
the GOLD’n
material. Th
of the enviro
grant unive
ases reviewed
rogen remova
uld be more t
ess to collect
rected by the
a, the Washo
scharge of sp
saved the T
uckee Ri
tronics’
y Dr. Whitney
ned lawsuits w
River and Py
and the cities
e annual serv
ray and one
The economi
with service co
his technolog
GRO fertilize
he Nevada en
onmental rule
ersities provi
d the propose
al operation,
than $6 millio
t and process
e local enviro
oe County He
pent silver‐be
Truckee Rive
iver and
“Green
y produced a
were not pur
ramid Lake w
s saved at lea
vice fees to pr
hour photo‐p
ic benefits to
osts to local b
gy solution w
rs using the
nvironmental
es. United S
ded technica
ed formulas a
which they w
on per year.
s the photoli
onmental au
ealth Departm
earing photo
er and Pyram
d the Pyr
Techno
an amazingly
rsued, elimin
was eliminate
ast $6 million
rovide the ha
processing bu
o the northern
businesses of
went to the ta
now “non ha
authorities f
States Depar
al informatio
and testing re
were also
Itronics
quid at a
thorities.
ment, and
liquids to
mid Lake
ramid
ology”
y positive
ating the
ed. The
annually
uling and
usinesses
n Nevada
less than
axpayers.
azardous”
acilitated
rtment of
on about
esults.
15.
t
l
s
p
u
s
p
a
W
G
s
n
r
w
g
c
t
B
t
2
d
p
e
t
f
E
a
G
i
In the
toxic waste st
iquid waste
solution could
provided the
use” solution
In 199
subsidiary of
potential of
agreement w
Western U.S.
GOLD’n GRO
staff, but Cr
necessary to
relationship a
Not o
waste” techn
government r
control waste
thereby maxi
Conve
Because of t
technology ha
2.1 Itron
Itroni
developing “
photographic
eliminating th
Itroni
the global env
for its “zero
Engineering S
awarded USA
GOLD’n GRO
nnovation by
e early 1990’
tream in the
stream gene
d be used to
justification f
for the de‐sil
96 Crop Prod
Agrium, Inc.,
the GOLD’n
was entered in
retail netwo
product line
op Productio
complete a p
and recognize
only is there
nologies pro
regulation of
es generated
mizing global
ersion of was
he benefits,
as enormous
nics Award
ics and its Pr
zero waste”
c waste as raw
he waste by p
ics has receiv
vironment.
o waste” silv
Society at its W
A Gold at the
fertilizers we
y the Canadia
’s the US EPA
United State
erated in the
solve the pr
for the long t
lvered liquids
uction Servic
, one of the
GRO fertili
nto in 1998.
rk for field tr
was perfecte
on Services
project of thi
es and apprec
significant co
vide significa
converted w
by business
sustainabilit
ste to raw ma
as documen
long term va
ds for Crea
resident, Dr.
chemical pr
w material fo
putting its ing
ved internatio
Here are the
ver‐bearing p
Worldwide En
Internationa
ere named o
n Association
A said that si
es alone, and
e United Sta
roblem and t
term commit
s and establis
ces (then Wes
world’s large
zer concept.
Crop Produ
rials and sales
ed and label r
provided acc
s magnitude
ciates its impo
ommercial po
ant benefits
astes, dispos
es and “zero
y.
aterial minim
nted by the
lue for societ
ative Green
John Whitne
rocess techn
or manufactu
redients back
onal recogniti
e most prestig
photochemic
nvironmenta
al Green App
ne of the top
n of Agri‐Reta
12
ilver bearing
that silver‐be
ates. This m
hat a large n
tment to deve
hed the basis
stern Farm Se
est fertilizer m
. An exclus
uction Service
s as well as p
registrations
cess to its e
. The Comp
ortance.
otential for th
to society
al costs, envi
o waste” tech
mizes long ter
“Truckee Riv
ty, businesses
n Technolo
ey, have rece
ology that i
ring the GOL
k into use and
ion and awar
gious of thes
al conversio
l Awards Mee
le Awards Ce
p 10 new tec
ilers.
photoliquids
earing photo
meant that u
ational need
elop the GOL
s for developi
ervices), a wh
manufacturer
sive manufac
es provided t
product devel
completed.
employees a
pany is benef
he Itronics’ t
as well by
ronmental co
hnology puts
rm cost to so
ver and Pyra
s, and the glo
ogy
eived interna
s able to us
D’n GRO fert
d benefiting t
rds for its tec
e. In 2005
n technolog
eting in Londo
eremony in L
chnologies re
s had become
liquids were
ultimately th
for the tech
LD’n GRO fert
ing the “zero
holly‐owned n
rs and distrib
cturing and
the field sup
opment guid
Itronics prov
nd the agric
fiting from th
echnology po
eliminating
ontamination
all of the m
ciety and ma
mid Lake Fis
obal environm
tional recogn
se hazardous
ilizers and sil
he communit
chnology cont
Itronics was a
y by the In
on, England.
ondon, Engla
presenting th
e a 100 millio
the largest h
e Itronics te
hnology existe
tilizers as a “b
waste” techn
national fertil
butors, recog
distribution
port and acc
ance under w
vided the fun
cultural infra
his on‐going l
ortfolio, but t
the need f
, costs to tax
aterials back
aximizes susta
sheries” exam
ment.
nition and aw
s silver‐beari
lver products
ty.
tribution to im
awarded seco
nternational
In 2005 Itro
and. In 2005
he best of ag
on gallon
hazardous
echnology
ed. This
beneficial
nology.
lizer sales
nized the
licensing
ess to its
which the
nding and
structure
ong term
the “zero
or costly
payers to
k into use
ainability.
mple, the
wards for
ng liquid
s, thereby
mproving
ond place
Chemical
onics was
5 Itronics
gricultural
16.
T
t
r
s
a
o
R
o
In 200
The Green Or
technologies
recognition an
At th
selected as th
also received;
of Commenda
Recognition”
of Nevada.
2000
Nevad
2000 ‐
2001
indust
2005
to rec
2005 ‐
2005
Englan
2005
innova
2006 ‐
2007 ‐
2008
Techn
2012
Award
06 Itronics w
rganization is
that have w
nd awards.
e 4TH
Annua
he winner in t
; a “Certificat
ation” from
from the U.S
‐ Dr. John W
da’s Truckee M
‐ Dr. John Wh
‐ Itronics is on
try.
‐ Dr. John Wh
cycle photoche
‐ Itronics wins
‐ Itronics aw
nd.
‐ GOLD’n GR
ation by the C
‐ Itronics nam
‐ Dr. John Wh
‐ Itronics na
nology (NCET).
‐ Itronics N
ds
was named an
funded by th
world‐wide a
l EDAWN Ex
the Manufact
te of Senatori
United State
. House of Re
Whitney receiv
Meadows qua
itney is select
ne of five fina
hitney honore
emicals.
s second place
warded USA G
RO is named o
Canadian Asso
med Internatio
itney named n
med Green C
.
Named Mediu
n Internationa
he British Gov
applicability.
xisting Indust
turing Excelle
ial Recognitio
s Senator Ha
epresentative
ves a Silver S
lity of life.
ted as Nevada
alists for 2001
d as “Scot of
e (IchemE), Wo
Gold at the I
one of the to
ociation of Agr
nal Green Her
northern Neva
Company of
m Entreprene
13
al Green Hero
vernment to
Since the
try Awards C
nce Small Bu
on”, from U
arry Reid; and
es from Mark
Star Award fo
’s Inventor of
Kirkpatrick C
the Year” by
orldwide Envi
nternational
op 10 new te
ri‐Retailers.
ro by the Gree
ada Entrepren
the Year by
eurial Techno
o by the Gree
seek out and
n Itronics ha
Ceremony, on
siness catego
United States
d was award
E. Amodei, M
or making a s
the year.
hemical Engin
the Nevada S
ronmental Aw
Green Apple
echnologies re
en Organizatio
neur of the Ye
the Nevada’s
ology Compan
en Organizat
d provide reco
as continued
n October 22
ory for Northe
Senator Dean
ded a certifica
Member of Co
significant con
neering Award
Society of Scot
wards in Londo
Environment
epresenting t
on, London, En
ar – Agricultu
s Center for
ny of the Yea
ion, London,
ognition to ne
d to receive
2, 2015, Itro
ern Nevada.
n Heller; a “C
ate of “Cong
ongress from
ntribution to
d, a major awa
ttish Clans for
on, England.
tal Awards in
he best of ag
ngland.
ral/Environme
Entrepreneur
r by NCET Te
England.
ew green
regional
onics was
Itronics
Certificate
gressional
the State
northern
ard in the
r his work
n London,
gricultural
ent
rship and
echnology
17.
3.0 Cu
Itr
emerging
Company’s
services to
now provid
3.1 Ph
Th
site to re
demetalliz
This integr
Company’s
Th
quality mil
use to ope
being used
Th
proprietary
fertilizers
pumps.
iron‐silver‐
urrent Ope
onics operat
greentech s
s sales. The
o Itronics Inc.
ding administ
hoto liquid
e fertilizer di
eceive used
ed liquids to
ration provid
s sales expand
e factory has
litary grade c
erate some of
d for the silve
e equipment
y information
is a fairly typ
Silver‐bearin
‐sulfur concen
erations:
tes two divis
pecialty ferti
e other divis
and its subsi
trative and te
d Processin
ivision owns
photoliquids
award winni
es very attra
d.
s 1.2 megawa
construction.
f the new tec
r refining ope
t being used
n. However, t
pical chemica
ng solids p
ntrate that is
Where w
sions, One d
ilizer and s
ion, Whitney
diaries, mana
echnical servic
ng/Fertilize
and operates
s, recover th
ng GOLD’n G
active operat
atts of power
Most of th
hnologies tha
eration.
in the photo
the plant for
al process fa
roduced by
processed by
14
we are
division, Itro
silver refining
y & Whitney
ages research
ces to Auric G
er Manufa
s a 35,000 sq
he silver an
GRO liquid fer
ting economi
r available an
his electrical p
at are under
ochemical pro
chemically p
acility consist
processing
y the silver re
nics Metallu
g business t
, Inc. (Miner
h and develop
Gold & Minera
acturing
quare foot fac
d other non
rtilizers. The
cs which are
d the electric
power capaci
development
ocessing and
rocessing liqu
ing of an ap
are recove
efining operat
rgical, Inc.(F
that now acc
rals Division)
pment for the
als for its Aur
ctory on a 3.5
n‐nutrient m
e operations
e expected to
cal infrastruct
ity which is n
t. For exam
fertilizer ma
uid photoche
ppropriate arr
ered by filt
tion.
ertilizer Divi
counts for m
provides ad
e Fertilizer Div
ric Fulstone P
5 acre fenced
metals, and c
are vertically
o be more vi
ture in the fa
not in use is a
mple, electric f
anufacturing
emicals into G
rangement o
tration to p
sion), is an
most of the
dministrative
vision and is
roject.
d and paved
convert the
y integrated.
isible as the
acility is high
available for
furnaces are
operation is
GOLD’n GRO
of tanks and
produce an
18.
3.1.1 Pho
This
Photochemi
more than 1
at the custo
recovery an
financially a
being served
3.1.2 GO
Our
GRO fertilize
per year, or
dry raw ma
manufacturi
KAM
existing fact
separate ma
are expected
The
gallons to its
amount of s
direct to con
3.1.3 GO
Ther
purposes. Th
the Compan
category is “
nurseries, fo
GOLD’n GRO
otochemic
service se
cal services o
100 customer
omer locatio
nd GOLD’n G
nd environm
d.
LD’n GRO
manufacturin
er annually (a
about 36,000
aterial and l
ng functions.
M‐Thio was in
tory. If KAM‐
anufacturing
d to be non‐s
Company sh
s distributor
sales is in 2 X
nsumers in ½
OLD’n GRO
re are 10 GO
he first catego
ny’s sales, an
“chelated ma
or use by lan
O fertilizers an
cal Services
gment is li
operates as a
rs in those m
ns and trans
GRO fertilize
mentally attra
Fertilizer M
ng plant is co
about 5,700 t
0 tons. Plan
iquid storage
. Expansion
vented as an
‐Thio is accep
unit in the fa
easonal and w
ips most of it
retail outlets
2.5 gallon pa
pint and qua
O Fertilizer
LD’n GRO sp
ory, “chelated
nd is being s
cro nutrient
dscape main
nd their gene
s
icensed as
a regional bu
arkets. The
sports them
r manufactu
ctive to the
Manufactu
onfigured to p
tons) and can
nned expansio
e, increasing
will be done
extension of
pted in the m
actory that w
will improve f
ts GOLD’n GR
s. Some of t
ackages on p
rt bottles wh
r Sales
ecialty liquid
d micro/midd
old for use
blends”, and
tenance com
ral uses are p
15
a hazardou
usiness in nor
e Company pi
to the facto
uring. The “
Company’s c
uring
produce 1.2 m
n be expanded
ons to achiev
g tank truck
e incremental
f one of the G
mining marke
ould be dedi
factory utiliza
RO fertilizers
the fertilizer
pallets. The
ich are prese
fertilizers.
dle nutrients”
in high value
consists of 5
mpanies for u
presented in T
s waste ha
rthern Califo
icks up the sp
ory for proce
“total recycl
customers an
million gallons
d to produce
ve the 36,000
loading cap
ly as fertilizer
GOLD’n GRO f
ets in Nevada
cated to mak
ation through
in tank truck
is shipped in
Company se
ntly hand pac
These are di
”, consisting o
e agricultural
5 fertilizers w
rban use, an
Table 1.
auler in Ne
rnia and nort
pent silver‐be
essing as a ra
e” service b
nd is a servic
s (on a single
7.2 million g
ton output in
pacity, and a
r sales grow.
fertilizers. It i
a, it may be
king this prod
hout the year
k quantities o
250 gallon t
lls a very sma
ckaged due to
vided into tw
of 5 fertilizers
l crops in Ca
hich are bein
d for genera
vada and C
thern Nevada
earing photoc
aw material
being offered
e to the com
e shift basis) o
gallons of GO
nclude increa
automation o
is manufactu
necessary to
duct. KAM‐T
.
of approximat
otes as well.
all amount of
o small volum
wo categories
s is generatin
alifornia. Th
ng sold for us
l consumer u
California.
a, serving
chemicals
for silver
d is both
mmunities
of GOLD’n
LD’n GRO
asing both
of certain
red in the
o install a
Thio sales
tely 5,000
A small
f fertilizer
me.
s for sales
ng most of
he second
se in plant
use. The
19.
av
by
th
9‐
G
a
P
G
w
ex
a
is
G
in
Two o
vailable to th
y “clicking” o
hrough the Co
Itronic
‐0‐1+7% Zn b
GOLD’n GRO 1
re effective fo
Itronic
roduction Se
GOLD’n GRO
wholly‐owned
xtension und
GOLD’
nd Colorado
s expanding s
GRO micro nut
Itronic
n its existing m
of the fertiliz
he general pu
on the “BUY
ompany’s dist
cs has becom
being the do
10‐0‐1+3% M
or both soil a
cs is establish
rvices, its AG
fertilizers a
national ma
er an exclusiv
’n GRO fertiliz
and the Com
sales in Neva
trient fertilize
cs actively sup
markets, and
TABL
zers shown in
blic through A
GOLD’n GRO
tributor may
me an importa
ominant prod
n and GOLD’
pplication an
hing GOLD’n
retail distrib
are co‐brand
arketing subs
ve licensing a
zers are regis
mpany sells di
da through r
ers into Neva
pports on‐goi
in other state
E 1
n Table 1, G
Amazon. The
O NOW” but
be obtained
ant regional
uct. Sales o
n GRO 10‐0‐0
d for foliar ap
GRO as a nat
utor in Califo
ded under
sidiary Lovela
nd marketing
stered in each
rect and thro
recent acquis
da agricultura
ing field testi
es and countr
16
OLD’n GRO
e Amazon sto
tton. Informa
by calling 1‐8
manufacture
of GOLD’n G
0+4% Fe. T
pplication.
tional brand,
rnia, Arizona,
“Loveland P
and Products
g agreement f
h state in wh
ough distribut
sitions and is
al markets.
ng and is acti
ries.
20‐1‐7 +3%S
re can be acc
ation about p
800‐368‐1865
er of micronu
RO 9‐0‐2+3%
hese fertilize
and has a “c
, Hawaii, Ore
Products” th
s. The Com
for the name
ich they are b
tors in those
working with
ively seeking
S and GOLD’n
cessed throug
purchasing G
5.
utrient fertiliz
%Zn are expa
ers are dual u
co‐branding”
gon, Washing
rough Crop
mpanies are i
ed western sta
being sold, in
states. Cro
h the Compa
to identify ne
n GRO 6‐3‐9+
gh the Itronic
OLD’n GRO
zers with GOL
nding, as are
se, meaning
agreement w
gton, and Ida
Production
n their fourt
ates.
cluding Neva
op Production
any to sell the
ew sales oppo
+4%S are
s website
direct, or
LD’n GRO
e sales of
that they
with Crop
ho. The
Services
th 5 year
ada, Utah,
n Services
e GOLD’n
ortunities
20.
3
si
tr
p
in
th
d
e
d
le
re
re
su
si
se
fu
a
a
re
3
F
in
3.2 Silve
The C
ilver‐bearing
ransfer to t
yrometallurg
n them. Itro
Over t
hereby reduc
eveloping pr
lectrical cont
Rathe
ecision to de
eaching proce
equired and
educing oper
ubstantially r
ilver content
Due to
eparate large
unctions as a
nother locati
nd will be p
efining opera
3.2.1 Iron
The le
eLix and SuLi
ncreasing the
er Recovery
ompany uses
photo liquid
the refining
gy (smelting a
onics is using
the last 10 y
cing the silver
roprietary lea
trol and indus
r than expan
evelop techno
ess. This ap
achieve a
rating costs s
reduced, and
has been elim
o space limita
er scale refi
an integrated
on. The pa
artly defined
tion.
n Silver Su
eaching proce
x leaching te
production o
F
y and Refin
s chemical p
ds. The proc
operation.
nd refining u
its own inter
years the silv
r content of t
aching techn
strial ceramic
nd the refinin
ology to reco
pproach made
10 times im
significantly.
an intermed
minated.
ations at the C
ining operati
d “stand alon
rameters for
d based upon
lfur Conce
esses have be
chnologies ar
of higher valu
FeL
ning
rocessing to
cess produce
The Comp
sing furnaces
nally develop
ver content o
the recovered
nology and h
technologies
ng furnace c
over the iron
e it possible
mprovement
The amoun
diate matte p
Company’s fa
ion that wo
ne” operatio
such a facilit
n non‐photog
entrate Lea
een named F
re cost reduc
ue raw materi
Lix
17
remove the
es an iron‐silv
pany is usin
s) to process t
ped proprieta
of the photo
d concentrate
has upgraded
s to improve r
apacity by in
and sulfur fo
to invest les
in the silver
nt of silver‐b
product that p
actory, it may
uld incorpor
on, either adj
y, including o
graphic feed
aching
eLix (for iron
cing and impr
ials for use in
silver and ot
ver‐sulfur bea
ng hydrome
the concentra
ry technologi
liquids has d
es. To overco
d its electric
reliability and
nstalling mor
or use in the
s capital than
r production
earing glass
previously ha
y be desirable
rate concent
jacent to the
operating sca
materials th
n leaching) an
rove operatin
GOLD’n GRO
ther non‐nut
aring concen
tallurgy (che
ates to recov
ies to perform
declined by m
ome this chal
refining furn
d efficiency.
re furnaces, t
GOLD’n GRO
n a refinery e
from the ex
slag produce
ad to be repr
e in the future
rate leaching
e Company’s
le, will be det
at may be a
nd SuLix (for
g efficiency w
O fertilizer ma
rient metals
trate that is
emical leach
er the silver c
m these funct
more than 75
lenge, the Co
naces using
the Company
O fertilizers w
expansion wo
xisting furna
ed by silver r
rocessed to re
e to design an
g and silver
s operating s
termined in t
available for
sulfur leachin
while at the s
anufacturing.
from the
dried for
hing) and
contained
tions.
5 percent
ompany is
advanced
y made a
ith a new
ould have
ces while
refining is
ecover its
nd build a
smelting
site, or at
the future
the silver
ng). The
same time
21.
b
b
d
b
m
b
sa
sc
su
is
m
te
m
si
G
3
e
E
th
fe
re
m
a
si
m
w
e
re
A thir
een tested o
een operatin
evelopment
een bench te
metal product
The ne
eing scaled u
ame time pro
cale leaching
This n
ulfur bearing
s removed i
manufacturing
echnology bre
materials.
The le
ilver separati
GRO fertilizer
3.2.2 Silv
The n
nergy cost of
nergy, Nevad
he Company’
The re
ertilizer base
efining furna
manufacturing
The re
nd glass crus
ilver output
materials that
will be in the r
‐scrap. The
evenue throu
d technology
on a laborato
ng at a com
time. A rel
ested, but pr
tion process w
ewly invente
up 5 times, w
oviding opera
operation to
newly invente
solids that w
s nutrient ir
g the GOLD’n
eak through t
eaching opera
ion and purif
manufacturin
ver Concen
new electric
f refining by m
da’s major pu
s current refi
efining opera
e liquid that
aces. The sc
g GOLD’n GRO
efinery opera
shing and scr
capacity is d
t remains in t
range of 500 t
e Company se
ugh its sale.
y for leaching
ory scale, but
mercial scale
ated technol
rototyping th
will make this
d leaching te
which produc
ating paramet
o perform the
ed leaching te
were previous
ron and sulf
n GRO micro
that has pote
ation produce
fication. Th
ng.
ntrate Sme
furnace tech
more than 40
blic utility.
ning needs.
tion produce
is generated
crubber wet
O fertilizers, m
ating equipme
eening equip
etermined by
the glass slag
to 4,000 ounc
ells the silver‐
g zinc from z
t is a direct e
e for several
ogy for prod
e recovery te
s technology t
echnologies a
ces enough si
ters that can
newly identi
echnology is
sly delivered
fur bearing
onutrient fert
ential applicat
es high silver
is operation
elting & Re
hnology impr
percent and
The new furn
es three prod
by a wet sc
chemistry p
making the re
ent is proprie
pment. The
y the silver c
g after proces
ces per mont
‐bearing glass
18
zinc bearing f
extension of t
years and s
ucing zinc m
echnology ha
technically fe
re still in pilo
ilver concent
be used as t
fied leaching
able to recov
to refining fo
and has be
tilizers. The
tion to other
r content con
also produce
efining
roves operat
has been off
nace technolo
ucts: silver b
crubbing syst
produces a b
efining operat
etary informa
feed capacit
content of th
ssing. In pra
h and will inc
s to a smelte
flue dusts (na
the fertilizer
so is expecte
etal from the
as not been c
asible to dev
ot scale proto
rate to feed
the basis for d
functions.
ver 75 perce
or processing
een formulat
e ability to d
concentrated
ncentrate tha
es two fertiliz
ing control a
ficially recogn
ogy is operati
ullion, silver‐
tem which c
base liquid th
tion a “zero d
ation, but con
ty of the furn
he feed mate
actical terms,
clude small am
r for flux and
amed ZinLix
manufacturi
ed to work
e zinc enriche
completed. C
elop to a com
otype develop
the refining
designing and
nt of the we
in the furnac
ed for use
do this is a s
d nutrient me
at is transferr
zer base liqu
and reliability
nized as “Ener
onal at a scal
‐bearing glass
cleans the ga
hat is used
discharge” op
nsists of elec
naces is fixed
erials, and th
, the output w
mounts of go
d the silver in
for zinc leach
ng process w
with a much
ed leaching l
ompletion of
mmercial scale
pment, but ca
furnaces wh
d engineering
eight of the s
ces. The we
as raw mat
significant co
etal and sulfu
red to the ref
ids for use in
y while redu
rgy Saving” by
le which is su
s (refining sla
ases produce
as a raw ma
eration.
ctric refining
by their size
e percentage
with existing
ld and pallad
n the glass co
hing) has
which has
h shorter
iquid has
f the zinc
e.
apacity is
ile at the
g a larger
ilver iron
eight that
terial for
st saving
r bearing
finery for
n GOLD’n
ucing the
y Nevada
itable for
ag), and a
d by the
aterial in
furnaces,
e, but the
e of feed
furnaces
ium from
ntributes
22.
te
re
c
b
th
g
re
A
w
3
s
g
M
(F
m
In the
erm it will be
The C
efinery feed
ircuit boards
been installed
he refining op
The o
gold, and pal
ecovered.
Produ
Addition of no
will stabilize th
3.3 Mine
Today
ubsidiaries.
greentech spe
Minerals, Inc.
Fulstone Proj
miles southea
e short run a
desirable to
ompany is co
material. To
can be turne
d, the Compa
peration.
perating para
lladium that
uction of silve
on‐photograp
he refining op
erals Divisi
y the Minerals
Now, inste
ecialty miner
develop a ma
ject) in the Ye
st of Reno, an
dditional cap
design and in
onducting a f
o do this, a s
ed into small p
ny plans to e
ameters of th
is in the e‐
er concentrat
phic precious
peration and
on
s Division is c
ead of provid
als develope
ajor polymeta
erington Mini
nd by seeking
pacity can be
nstall larger fu
feasibility stu
hredder and
particles that
evaluate spen
he silver refin
scrap. Tin t
tes for refini
metals bear
expand silver
continuing to
ding technical
r and produc
allic and mult
ing District ne
g to acquire s
19
obtained by
urnaces as a m
udy for addin
two grinders
t are suitable
nt silver oxide
ning operatio
that is used
ng is closely
ing feed mat
r sales indepe
provide adm
l consulting s
cer by helpin
ti‐mineral Iro
ear the north
pecialty mine
y installing ad
more efficien
g scrap comp
s have been a
for furnace f
e batteries as
n are suited
in the solde
tied to GOL
terials which
endent of fert
inistrative an
ervices to the
ng its majorit
n Oxide Copp
hern Nevada c
erals operatio
dditional furn
nt method of
puter circuit
added to the
eed. Now t
s a silver‐bear
for recovery
er in circuit
D’n GRO fert
are available
tilizer manufa
nd R & D servi
e mining indu
ty‐owned sub
per Gold(IOCG
community o
ons.
naces. In th
expanding.
boards (e‐scr
operation so
that the grind
ring feed mat
of the coppe
boards may
tilizer manufa
e throughout
acturing.
ices to Itronic
ustry, it is bec
bsidiary Auric
G) exploration
of Yerington, a
he longer
rap) as a
that the
ders have
terial for
er, silver,
also be
acturing.
the year
cs and its
coming a
c Gold &
n project
about 90
24.
4
to
o
c
te
g
o
h
re
e
lo
p
fe
o
4
4.0 Busin
One o
o completely
of commercia
lean technolo
Itronic
echnologies t
generated thr
or that have to
When
hazardous wa
egulated lan
eliminates the
ong term man
Extens
problems in m
ertilizer divis
opportunities
4.1 Busin
1. Increa
2. Conti
3. Devel
4. Expan
5. Devel
6. Devel
7. Comp
8. Acqui
ness Expan
of the Compa
convert cert
l goods. Th
ogy extension
cs is using it
to convert ce
roughout the
o be stored in
n used as a
aste, “declas
d disposal fa
e long term n
nagement.
sion technol
mining, agricu
sion. Implem
become bett
ness Plan E
ase sales in th
nue facilities
lop KAM‐Thio
nd technology
lop zinc flue d
lop and comm
plete develop
ire establishe
nsion Plan
ny’s fundame
ain categorie
he Company i
ns to establish
s intellectual
rtain large sc
world and th
n permanent
raw materia
ssified” for g
acilities for it
need for cost
ogies are be
lture, and ind
mentation of
ter defined.
Eight‐part
he established
and operatio
o applications
y to new segm
dust processin
mercialize tec
ment of and
ed companies
ns and Proj
ental strength
es of hazardou
is using this c
h year‐round
l property fo
cale liquid and
hat presently
hazardous w
al, the hazard
government
ts long term
tly governme
eing develop
dustry. On Jun
f this plan is
Approach
d market seg
ons expansion
s for mining m
ments.
ng and zinc m
chnology exte
commercializ
and/or their
21
jects: Wh
hs is its ability
us waste mat
creative abilit
non‐seasona
oundation to
d solid hazard
must be disp
waste landfills,
dous waste
environment
disposition.
ent oversight,
ped to solve
ne 3, 2005 Itr
continuing,
h to Growt
ments.
n and technol
markets.
metal product
ensions and n
ze glass tile p
technologies
here we ar
y to invent, b
terials into ca
ty to diversify
al sales in new
identify and
dous and non
posed into riv
, with all of th
becomes a c
tal control p
This elimina
, and elimina
e specific glo
ronics outline
with adjustm
h
ogy developm
tion technolog
ew “Zero Wa
roducts.
s.
re going
build, and ope
sh through th
y its operatio
w market segm
d develop ad
n‐hazardous w
vers, lakes, gr
he attendant
commercial
purposes, an
ates long term
ates the busin
obal environm
ed its eight‐pa
ments being
ment.
gy.
aste” technolo
erate clean te
he production
ons by develo
ments.
ditional bene
waste stream
oundwater, o
costs and risk
material; no
d no longer
m environme
ness costs an
mental conta
art growth pl
made as new
ogies.
echnology
n and sale
oping core
eficial use
ms that are
or oceans,
ks.
longer a
r requires
ental risk,
nd risks of
amination
an for the
w market
25.
si
C
re
a
in
C
G
th
th
w
in
to
F
e
a
c
in
to
d
a
te
4
to
n
sp
S
o
co
la
The d
ilver bullion,
Company’s po
eceives inqui
pplied to sol
nquiries are
Company’s tec
A core
GOLD’n GRO f
hat will prod
hese new ap
would be exp
nfrastructure
The gr
o seek out s
ulstone Proje
nvironmenta
nd that oppo
hemicals, an
ntellectual pr
o facilitate ph
ivision is skil
nd integratin
echnology go
4.2 Mark
Itronic
The to
o be about
on‐irrigated f
pecialty fertil
Itronic
pecialty Agric
of nurseries a
orn, cotton,
andscape con
evelopment
silver bearin
ortfolio of te
ries from oth
ve hazardous
leading to i
chnologies m
e focus for th
fertilizer man
duce non‐seas
pplications w
pected to req
normally req
rowth plan fo
specialty min
ect, or to th
l benefits.
ortunities exis
nd specialty
operty as one
hysical asset
led at R & D,
ng advanced
oals.
ket Scope
cs estimates t
otal fertilizer
$3 billion.
farms, and ar
izers are liqu
cs is selling i
culture which
re a subcateg
potato’s, and
nstruction and
of the zero w
g glass, and
chnologies to
hers from tim
s waste proc
dentification
ay be applied
he Company’s
nufacturing.
sonal sales o
will require n
quire rail serv
quired for larg
or the minera
nerals produc
e fertilizer d
The Compan
st to strategic
minerals. T
e of its strong
acquisition a
, has a demo
mineral rec
for Photol
that the mark
market in the
Liquid fertiliz
re otherwise u
id, so they fit
nto or devel
h includes avo
gory of Speci
d soybeans, a
d maintenanc
waste techno
GOLD’n GRO
o other wast
me‐to‐time as
essing issues
of other m
d.
s developmen
The other f
on a large co
new “large s
vice and wou
ge industrial f
ls division is t
ction acquisit
division’s grow
ny believes th
cally develop
The fertilizer
gest assets.
nd developm
onstrated abil
covery techn
liquid Recy
kets targeted
e U.S. is more
zers are a s
used in irrigat
t into this sma
loping applic
ocados, citrus
alty Agricultu
and (3) the U
ce.
22
ology for con
fertilizers ha
te materials
s to whether
s that had no
market segme
nts is to crea
focus is to be
ommercial sca
scale” proces
uld need indu
facilities.
to continue t
tions that ar
wth plan, an
hat technolog
an integrated
division is
The minera
ment and new
lity to develo
nologies deve
ycling and
for its service
e than $20 bi
ubset of this
ted agricultu
aller market.
ations for th
s, grapes, frui
ure. (2) Bulk
Urban Marke
nversion of sp
as created ne
and to new
its technolog
ot been previ
ents and wa
te new sourc
e able to com
ale. The Co
ssing/manufa
ustrial power
o expand and
re compleme
nd that may
gy synergy be
d business mo
a clean tech
ls division use
w clean techno
op clean tech
eloped by o
Related T
es and produ
llion, of whic
s market and
re which is a
he three agri
t and nut tre
Field Crops, w
et, which incl
pent silver‐be
ew opportuni
applications
gies or develo
ously conside
ste disposal
ces of recove
mmercialize t
ompany fully
cturing facili
r, good highw
d develop the
entary to the
be able to
etween the t
odel that inclu
hnology driv
es proprietar
ology develop
nology, and i
others to ach
echnologie
cts exceed $1
h specialty fe
d are largely
smaller mark
cultural segm
es, and veget
which include
ludes home
earing photo
ities for exte
. The Comp
opment skills
ered. Some
problems w
erable raw ma
technology e
expects that
ities. Such
way access, a
e Fulstone Pro
e developme
provide dem
two divisions
udes fertilize
en business
ry intellectual
pment. The
is skilled at id
hieve advanc
es
1 billion in the
ertilizers are e
y used at pla
ket. The GO
ments. Thes
tables. Vari
e alfalfa, cere
lawn and gar
oliquids to
nding the
pany now
s could be
e of these
where the
aterial for
extensions
t some of
h facilities
and other
oject, and
nt of the
monstrable
is strong
rs, mining
that has
l property
e minerals
dentifying
ced clean
e U.S.
estimated
anting on
OLD’n GRO
se are (1)
ous types
eal grains,
rden, and
26.
9
G
a
s
U
f
C
u
w
s
Z
c
p
a
p
e
p
i
b
c
f
c
p
1
t
t
T
p
Itroni
9‐0‐1+7% Zn
GOLD’n GRO
are effective f
soil applicatio
Use on table g
In Cal
fresh tomatoe
California mar
Zinc d
use of zinc mi
Zinc d
widely occurr
soils are defic
Zinc deficienc
children. Be
people, there
award winnin
Spent
photography.
estimated 20
print product
ndustrial req
believes that
conversion pr
Two m
film has been
current levels
processing an
10 years. Th
technology to
Itroni
the United St
The balance is
production.
cs has becom
being the do
10‐0‐1+3% M
for both soil
on on tree cro
grapes, raisin
ifornia use of
es, cotton, an
rket due to th
deficiency is c
cronutrients
deficiency is
ring problem
cient in zinc, t
cy in humans,
ecause of this
e is a growing
g GOLD’n GR
t silver‐beari
The origin
million gallon
tion. Howev
uirements an
there will b
rocess provide
major impact
n reduced by
s. The secon
nd commercia
his latter cha
o accommoda
cs estimates
ates and that
s captured an
me an import
ominant prod
Mn and GOLD
application a
ops, including
grapes, and
f the zinc mic
nd sileage cor
heir efficacy w
common in Ca
is increasing
a nationwide
throughout
this leads to l
, especially in
s emerging re
g worldwide m
RO micronutri
ng photoliqu
nal EPA estim
ns per year b
ver, it is mor
nd consumer
be on‐going
es the best en
s have result
more than 9
nd change is
al consumer p
ange has affe
ate the reduct
that approxi
t about 70 pe
nd hauled for
tant regional
duct. Sales
D’n GRO 10‐0‐
and for foliar
g almonds, en
wine grapes
cronutrients is
rn. GOLD’n
when soil app
alifornia grow
as growers le
e issue for ag
the world.
ow zinc conte
n children, lea
ecognition of
market for zin
ents has the
uids are still
mated volume
by widespread
re cost effect
silver halide
use of thes
nvironmenta
ed from the c
90 percent ov
that the silve
print producti
ected the Com
tion in silver c
imately 20 m
ercent of this
hazardous w
23
manufacture
of GOLD’n G
‐0+4% Fe. T
application.
nglish walnut
is expanding,
s well establis
GRO zinc mic
plied through
wing areas.
earn the bene
griculture in t
Zinc is an im
ent in the cro
ads to poor h
f the importa
nc micronutri
potential to g
being gener
e of 100 mil
d adoption of
tive to use bo
technology fo
se methods
l profile for co
conversion to
ver the prior
er content of
ion has been
mpany the m
content of th
million gallons
s is disposed
waste disposa
er of micronu
GRO 9‐0‐2+3%
These fertilize
They are p
s, pistacios, a
and use on c
shed for fresh
cronutrient fe
micro‐sprink
More than 30
efits of using t
the United S
mportant micr
ops that beco
health which
nce of zinc a
ients. Becau
grow for the i
rated by bot
llion gallons
f digital techn
oth conventio
or making pr
for a long t
onventional p
o digital imag
10 years. T
f the spent p
reduced by m
most and has
e photograph
s of silver‐bea
to sewer syst
l, or sent to It
utrient fertili
%Zn are expa
ers are dual u
roving to be
and pecans in
citrus is begin
h vegetables,
ertilizers are
kler and drip i
00 crops are g
the micro nut
tates, and is
ronutrient fo
ome food for t
can result in
as a micronut
use of this, d
indefinite fut
th x‐ray proc
per year ha
nology for im
onal x‐ray im
ints for consu
ime. The C
photo proces
ing. The fir
The decline i
hotoliquids g
more than 75
required the
hic liquids.
aring photoliq
tems through
tronics for us
zers with GO
anding, as ar
use, meaning
especially eff
n the Californ
nning.
canning tom
widely accep
rrigation.
grown in Calif
trients.
being recog
r humans.
the human p
pre‐mature d
trient for crop
emand for hi
ure.
cessing and
s been redu
age capture a
maging for me
umers. The
Company’s p
sors.
st is that use
n use has sta
generated by
5 percent ove
e developme
quids are gen
hout the Unit
se in silver an
OLD’n GRO
re sales of
g that they
fective for
ia market.
matoes and
pted in the
fornia and
nized as a
When the
opulation.
deaths for
ps to feed
igh quality
consumer
ced to an
and digital
edical and
Company
hotoliquid
of 35 mm
abilized at
x‐ray film
r the prior
nt of new
nerated in
ted States.
d fertilizer
27.
4
m
p
s
n
f
t
1
a
n
s
r
c
s
Using
40 million gall
market. GO
potential. Th
supply of silve
While
non‐seasonal,
ertilizer sub m
The 2
oday worth a
12,000 and 24
and as deman
Additi
not yet foreca
Curre
silver refining
emain about
company. T
sales through
Itronics’ tech
lons of GOLD
OLD’n GRO w
his demonstr
er‐bearing ph
e no estimat
, is regional i
markets that
20 million gal
about $24 mi
4,000 ounces
nd for KAM‐Th
ion of silver o
asted.
ntly the Com
operation is
80 to 85 per
echnologies t
diversificatio
hnology, 20 m
’n GRO fertili
with an annua
rates that, ev
otoliquids.
es have yet
in Nevada an
Itronics is tar
lons of silver
illion. With
of silver per
hio emerges.
oxide battery
mpany’s GOLD
brought bac
cent of sales
that the Com
on.
million gallons
zers, or 200,0
al production
ven with larg
been made
nd surroundin
rgeting.
r‐bearing pho
its current p
year. This w
y and e‐scrap
D’n GRO fert
k into produc
making the C
mpany is deve
24
s of silver‐bea
000 tons. A
n of about 2,5
ge annual inc
e for the po
ng states, and
otoliquids wo
photoliquid su
will grow as th
recycling wo
tilizers accou
ction, GOLD’n
Company a hi
loping could
aring photoliq
At current pric
500 tons is e
creases in fer
tential dema
d could be co
ould contain a
upply, Itronic
he demand fo
ould increase
unt for about
n GRO fertiliz
gh technolog
significantly
quids are suff
cing, this is a
equal to abou
rtilizer sales,
and for KAM
onsiderably l
about 1.4 mi
cs will be able
or GOLD’n GR
this, but the
t 90 percent
zers and KAM
gy greentech
change the s
ficient to man
$260 million
ut 1.25 perce
there is an a
M‐Thio, the m
arger in size
illion ounces
e to produce
RO fertilizers
amount of in
of sales. W
M‐Thio are exp
chemical and
sales mix and
nufacture
potential
nt of this
abundant
market is
than the
of silver,
between
increases
ncrease is
When the
pected to
d fertilizer
add new
28.
5
e
D
f
w
t
c
2
e
V
M
b
M
r
a
p
A
E
5.0 Seni
Dr. Jo
experience in
Director of Itr
from Penn Sta
Howla
wholesale an
through 2005
co‐developed
2005. He ha
Duan
experience is
Vice Presiden
M.B.A. in Indu
Micha
background.
Member of I
registered CPA
Grego
as secretary
practice in 20
After 2003 he
Economics an
or Manage
ohn W. Whit
n mining, mi
ronics and its
ate, an M.Sc.
and S. Green
d retail nurs
5. He is an e
the GOLD’n
as a B.Sc. deg
e Rasmussen
a combinatio
t with Jacobs
ustrial Manag
ael Horsley,
Experience
tronics mana
A.
ory S. Skinne
and general
003. Prior to
e has continu
nd J.D. degree
ement and
ney, Preside
ineral econo
subsidiaries
in mineralog
n, Director ‐
sery markets
expert on de
GRO Guardia
ree in plant s
n, Engineerin
on of chemica
s Engineering
gement and a
Controller
with all as
agement tea
r, Esq., Corpo
counsel of It
o that he acte
ued as corpor
e in law.
d Directors
nt ‐ Experien
mics, and re
since their fo
y, and a B.Sc.
Mr. Green h
. He found
eer repellents
an systemic d
cience and la
ng and Ope
al manufactu
Group. Me
B.S. in Chem
‐ More than
spects of ac
m since 199
orate Secreta
tronics and i
ed as legal co
rate secretar
25
s
nced in busin
ecycling and
ormation or a
. in geology.
has more tha
ded and oper
s and researc
deer repellen
andscape arch
erations Advi
uring, and ma
ember of Itro
mical Engineer
n 25 years
ccounting, co
95. He hold
ary ‐ Experien
its subsidiarie
unsel for Itro
y for Itronics
ess and tech
fertilizer tec
acquisition. H
n thirty year
rated his ow
ched and dev
nt. Member o
hitecture from
isor ‐ Experi
ny years of b
nics managem
ring.
experience,
ontrol, and
ds a B.Sc. in
nced in all as
es from 1990
onics subsidia
s and its subs
nology R & D
chnology R &
e has a Ph.D.
s experience
wn commercia
veloped Mirre
of Itronics ma
m the Univers
ienced chem
building chem
ment team si
CPA with a
reporting fo
Business Ad
spects of busi
0 until he re
ry Whitney &
sidiaries. He
D. More than
& D. Presid
in Mineral E
in the lands
al nursery fr
epel and subs
anagement te
sity of Rhode
mical enginee
mical plants as
nce 1990. H
auditing and
r a public c
dministration
iness law. H
etired from a
& Whitney, sin
e has a B.A.
35 years
dent, and
conomics
scape and
rom 1989
sequently
eam since
Island.
r. Work
s a Group
He has an
business
company.
and is a
He served
active law
nce 1980.
degree in
29.
6
6.0 SAFE
("Safe Ha
contains o
profitabili
the indus
subject to
Securities
statement
statement
E HARBOR
arbor" Stateme
or may contai
ity, growth str
try in which th
o other risks a
s and Exchang
ts to reflect a
ts, or for prosp
R STATEME
ent under the
n forward‐loo
ategy, liquidity
he Company o
nd uncertaint
ge Commission
ctual results, c
pective events
Itro
ENT AND C
e Private Secu
king statemen
y and access t
operates. The
ies, including t
n. The Compa
changes in risk
that may have
Invest
Itr
6490 Sout
Reno, N
(88
onics In
26
CONTACT IN
urities Litigatio
nts such as sta
o public marke
forward‐lookin
those more fu
any assumes n
ks, uncertainti
e a retroactive
tor Relatio
ronics Inc.
h McCarran
Nevada 895
8) 795‐633
nc: (OTC
NFORMAT
on Reform Act
atements rega
ets, operating
ng statements
ully described
no obligation
es or assumpt
effect.)
ns
n, C‐23
509
6
C: ITRO
TION
t of 1995: Thi
rding the Com
expense redu
contained in
in the Compa
to update the
tions underlyin
O)
is Corporate P
mpany's growt
ction, and tre
this profile ar
ny's filings wit
ese forward‐lo
ng or affecting
Profile
h and
nds in
e also
th the
ooking
g such
30.
The ancien
moon. The
moon sy
photo‐byp
of advanc
future for
Te
E‐m
nt symbol fo
e sun symb
ymbolizes I
product recy
ed Hydrome
Itronics.
elephone: (77
ail: investor@
or gold is the
bolizes Itroni
Itronics urb
cling busine
etallurgical t
Itron
75) 689‐7696
P.O
Reno
@Itronics.com
27
e sun. The a
ics rural go
ban minin
ess. The orbi
technology o
ics Inc: (ITRO
Fa
O. Box 10725
o, Nevada 895
m We
ancient symb
old mining d
g for silv
its symbolize
opportunitie
)
ax: (775) 689‐
510
ebsite: www.i
bol for silver
development
ver through
e the conste
es which are
‐7691
itronics.com
r is the
ts. The
h the
ellation
e in the
Version: ITTRO62816
