*******NEWS*******
Itronics Announces Approval of Special Use Permit
RENO, Nev.--(BUSINESS WIRE)--March 10, 1998--Itronics Inc. (ITRO) announced today that on March 4, 1998 the Reno Planning Commission approved the Special Use Permit Application that Itronics Metallurgical, Inc., Itronics' photobyproduct recycling subsidiary, had filed for use at the proposed Stead Manufacturing Facility.
The Special Use Permit is expected to become effective on March 14, 1998.
The lease of the 35,000 square foot manufacturing facility in the Reno Stead area is contingent upon the receipt of the Special Use Permit, and on obtaining the necessary Environmental Control Permit. The move is being planned for May/June, 1998 and includes design and construction of spill control berms at the Stead Facility.
The timing of the move to the new facility is now dependent upon completion of the engineering drawings for required improvements, receipt of the necessary building permits, and after construction is complete, inspection and approval by the City of Reno Environmental Control Department.
The new facility will make it possible for Itronics Metallurgical, Inc. to expand commercial production of its fertilizer line which is marketed under the trade name Gold'n Gro. Itronics Metallurgical, Inc. recently announced completion of development of 11 new products which will be introduced during 1998, increasing the Gold'n Gro fertilizer line to 15 products.
The new facility will make it possible to expand the semi-works silver refining operation and to initiate R & D on mine applications for its silver recovery and refining technology.
Itronics Metallurgical, Inc. has been operating an R & D and semi-works recycling facility in Reno for the past 12 years, during which the fertilizer product line was developed, field tested and initially marketed.
Itronics Inc. is a Reno-based company specializing in recycling technology development, photobyproduct recycling, silver refining, and technical services for the mining and recycling industries.
Contact:
Whitney & Whitney Inc.
John W. Whitney, 702/689-7696 |
