The Company has entered into a silver bullion sales agreement with a finish refiner and will be paid for silver, gold, palladium, and copper contained in the bullion. Settlement will be made seven to nine weeks after shipment and sales proceeds from this first shipment are expected to be reported in the first quarter 2017 sales report. As previously reported, the Company has entered into a preliminary agreement to purchase personal computer circuit boards (e-scrap) from a northern Nevada computer services company that disassembles discarded personal computers and sorts the contents for sale to recyclers. The economics of a supply arrangement will be evaluated as part of the Phase III work program. The e-scrap refining technology uses silver as a collector of the metals contained in the e-scrap. Itronics believes https://www.evernote.com/pub/troychanny/evergroundinvestments that it is the only company in the world to use this method of recovering the metals contained in the e-scrap. The silver used in the e-scrap refining is recovered from spent photographic liquids. Significant value is added to each ounce of silver used in e-scrap refining.
http://finance.yahoo.com/news/itronics-ships-silver-bullion-produced-150000544.html
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