1. Special Shareholders’ Meeting Itronics Inc. March 31, 2006

2. Meeting Outline Welcome and Introductions Business Meeting –Election of the Board of Directors –Ratification of accountants –Share approval Company Results and Outlook Questions and answers

3. Safe Harbor Statement "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This presentation 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 presentation 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.

4. Introductions

5. Business Meeting Approval of nominees to the board of directors Ratification of the selection of Cacciamatta Accountancy Corporation as independent auditors Ratification of the amendment to the Company’s Articles of Incorporation increasing authorized share capital

7. Company Results and Outlook Dr. John W. Whitney Founder, President, Chairman

8. Financial Report Financial Position and Results of Operations (Nine months 2005)

9. Itronics’ Summary Balance Sheet

10. Itronics’ Summary Income Statement

11. The Problem -- SILVER Photowaste put into the sewer systems or into waterways is a major concern Soluble silver is not toxic –To humans –To animals –To plants Soluble silver IS TOXIC –To fish –To bacteria

12. Beneficial Use Photochemical Recycling Photo-Imaging Processor Solution Pick-up and Delivery Services Recycling, Inc. X Treatment Plant Benefits: Improved Biosolids Compliance with NPDES Limits Rivers Itronics GOLD’n GRO ® Fertilizer Silver X Recycling, Inc. Photo/Medical/Industrial Waste 80% volume reduction Licensed Processing Facility

13. Itronics’ Business Model The company generates three basic revenue streams Paid to transport and process raw material Recover, refine, and sell the silver on the open market Manufacture and sell GOLD’n GRO ® fertilizers and Guardian –Base liquid –Chelated Micro-nutrients –Chelated Multi-nutrients –Developing GOLD’n GRO ® Guardian, a deer repellent fertilizer

14. Itronics’ Environmental Advantages Converts toxic waste to usable products: –Zero discharge facility – consume all input products Fertilizer from liquid portion of separation Silver extracted from solid portion Solid residual can be converted to non-toxic tile products Reduces run-off and ground water contamination problems due to reduced fertilizer consumption 90% reduction in the amount of zinc metal needed-soil residuals and accumulation eliminated

15. Itronics’ Technology Benefits Fertilizer is 1.5 to 3 times more effective than other products –More economical for farmer Crop production is increased by up to 40% Lower salt index than other products

16. Itronics’ Business Advantage Significant entry barriers: –Specialized EPA, State, City, and County hazardous waste permits required –Each fertilizer must be registered in each state in which it is sold –Long lead time required to develop and test similar technology and fertilizer products; up to10 years for each fertilizer product –Up to 5 years to develop a product –Up to 5 years to commercialize a developed product –Itronics did 10 years of field evaluation before getting clearance for use on food crops –Liquid fertilizer distribution is specialized and takes long lead time to establish

17. Itronics - Award Winning Creative Environmental Technology 2000--John Whitney was selected as Nevada’s Inventor of the Year. 2001--One of five finalists for the 2001 Kirkpatrick Chemical Engineering Award 2005--Awarded second place (IChemE), Worldwide Environmental Awards in London, England 2005--Awarded USA Gold at the International Green Apple Environmental Awards in London, England 2005--GOLD'n GRO ® was named one of the top 10 new technologies representing the best of agricultural innovation by the Canadian Association of Agri-Retailers

18. Itronics - Recycling for the 21st Century Operates photochemical recycling facility in Reno 15 years of R&D, including 8 years of university field testing First GOLD’n GRO ® bulk liquid fertilizer shipments in Q4 2001 2006 expanding GOLD’n GRO ® liquid fertilizer sales to meet growing demand Beginning registration of Guardian product

19. Itronics’ Markets Itronics Metallurgical, Inc. --------------- Photochemical Processing Photo-by-product Fertilizer Manufacturing Silver Recovery and Refining Current Applications: Cotton Fruit and Nut Trees Grapes Vegetables Silver Sales Photography X-Ray Graphic Arts Motion Picture Micro Reproduction Miscellaneous Future Applications: Alfalfa Soybeans Corn (silage) Corn (grain) Nurseries Ornamental plants Timber seedlings

20. The Market is GLOBAL Photochemistry and agricultural fertilizer are standardized worldwide Annual production or usage: –Photochemical waste ~1.5M tons –Liquid Fertilizers ~76M tons –Silver Demand for use in photography and x-ray ~180M troy oz.

21. How Big Is The United States Market? Photochemical waste ~ $140M –500K tons Liquid Fertilizer ~ $2.2B –19M tons –8M tons of multi-nutrient –1.3M tons of micro and secondary nutrients Silver ~ $550M –Demand for use in photography and x-ray 55M troy oz.

22. Reno Facility Capacity 35,000 square foot structure on 3.5 acres 7,500 ton annual current fertilizer capacity Capable of producing 36,000 tons of fertilizer Commenced operations in January 2000

23. Silver Nevada Miner 99.9% pure Five troy ounces Emblematic of Nevada’s rich mining history A very high quality numismatic silver bar sold in annual editions Available through the Itronics web site

24. Distribution of GOLD’n GRO ® Chelated Liquid Fertilizers Selling bulk wholesale through distributors –Chelated liquid micronutrients - 5 products –Chelated liquid multinutrients - 6 products Chelated liquid deer repellant fertilizer - 1 product (in registration) Consumer Fertilizers Available through the Itronics web site

25. Market Entry Challenges Established distributors and bulk retailers are focused on retention of market share with existing product The GOLD’n GRO ® product formulations are unique and new to the industry and their safety and effectiveness requires field demonstration –introducing bulk chelation as a fertilizer material concept –introducing general use of thiosulfates for multinutrient and micronutrient formulation –introducing general use of demetallized chemically conditioned photographic liquids as blend components in liquid fertilizers Commercial fertilizer consumers are very conservative and slow to change

26. The Good News Is… Our micronutrients are producing incredible results in side-by-side field tests –Nursery plants –Turf –Sweet corn –Watermelons –Peppers –Tomatoes –Cotton

27. GOLD’n GRO ® Produces Healthier Nursery Plants

28. The Key is Stronger Root Growth

29. Another Comparison of GOLD’n GRO ® to Grower’s Standard Practice

30. Five-Gallon Crepe Myrtles

31. Comparative Sod Cuttings

32. Comparing the Root Growth

33. Improved Turf Farm Results

34. Field Test on Sweet Corn

35. Field Test on Watermelons

36. Field Tests on Peppers

37. One Happy Customer Dayton Valley Golf Club needed to “kick-start” its greens and tees out of winter dormancy Three days after applying GOLD’n GRO ® 20-1-7 formulation with Iron and chelates...

38. What Do These Results Mean? Our multi-nutrient products give the farmer an important edge –Higher yields –Better quality –Improved economics Western Farm Service sees our products as giving them an important marketing and sales tool –New line of nutrient products –New fertilizer technology

39. WFS Is Integrating GOLD’n GRO ® Products Published article in quarterly newsletter –Highlighting GOLD’n GRO ® ’s clean fertilizers Listing GOLD’n GRO ® products on WFS and Agrium web sites Co-branding as First Choice GOLD’n GRO ® - WFS house brand Replacing established products when possible Integrating GOLD’n GRO ® fertilizer in liquid field blends at retail outlets

40. Key Accomplishments in 2005 Registered GOLD’n GRO ® products in Oregon, Washington and Idaho Acquired the rights to GOLD’n GRO ® Guardian Obtained $3.25M in financing Resumed sales growth in Q4

41. GOLD’n GRO ® Chelated Liquid Fertilizer Sales Are Expanding Sales up 45% in Q4; Up 2.1% for the full year 2005 Chelated Liquid Micronutrients up 32% in Q4 Chelated Liquid Multinutrients up 105% in Q4 Chelated Liquid Multrinutrient Sales targeted for 2 to 3 X increase in 2006

42. Itronics Silver Sales are Expanding Silver Sales Up 83% in Q4 2005; up 44% for the full year Silver recovery capacity was tripled in early 2006 Silver sales expected to increase driven by fertilizer sales Developing plan to expand refining capacity Developing pilot scale leaching project

43. What’s Next? Continue to expand GOLD’n GRO ® fertilizer sales Register Guardian and proceed with marketing plan Continue to acquire financing to support growth

44. Geographic Expansion Plan Specialty Agriculture –Northeast and Southeast US Bulk Field Crops –Upper Mid-West US Nursery and Landscape (Guardian) –Northeast, Southeast and Northwest US

45. GOLD’n GRO ® Guardian Howland S. Green

46. GOLD’n GRO ® Guardian Results

49. GOLD’n GRO ® Guardian Itronics is progressing in its process to register the GOLD’n GRO ® Guardian product with the U.S. Environmental Protection Agency, which is currently expected to be completed some time in 2007

50. Voting Results

51. Questions and Answers

52. Adjourn Meeting