| Press
Release Archives: 01/30/2009
Itronics'
2009 Silver and GOLD'n GRO Fertilizer Sales Start Strong, Driven
by Environmentally Green Clean Technology
RENO, NV--(MARKET WIRE)--Jan 30, 2009 -- Itronics
Inc. (OTC BB:ITRO.OB - News) (Frankfurt:ITG.F - News) (Berlin:ITG.BE
- News) reported today that its wholly-owned subsidiary, Itronics
Metallurgical, Inc., is off to an excellent start for 2009 with
GOLD'n GRO fertilizer orders exceeding the same time period of 2008
and silver sales expected to double first quarter 2008 figures.
"Itronics Metallurgical has entered into an interim silver
refining agreement to expand recovery while the planned Stage 1
silver refinery expansion is progressing. This will result in a
major increase in silver ounces recovered for sale in 2009,"
said Dr. John Whitney, Itronics President. "GOLD'n GRO fertilizer
sales are also expected to continue their pattern of strong year
over year increases with the GOLD'n GRO Guardian Deer Repellent
adding to the sales growth."
Itronics is expecting that total sales could
increase by 30 percent in the first quarter with the growth being
driven by a large increase in silver sales. Receipts of spent photographic
liquids for recycling into GOLD'n GRO fertilizers increased by 15
percent in the fourth quarter and that increase is continuing in
the first quarter, ensuring adequate supply for fertilizer manufacturing.
First quarter fertilizer sales, although strong so far, may be affected
by drought conditions in the California market. GOLD'n GRO Guardian
will be introduced to the landscape maintenance companies in the
Northeast United States during the second quarter and is expected
to make a major contribution to on-going sales growth.
Itronics is successfully implementing its
long-term plan to use internally developed environmentally green
clean technology to produce solid growth. This focused approach
to the use of creative new clean technology to achieve solid growth
has made the vertically integrated "Beneficial Use Photochemical,
Silver, and Water Recycling" technology and the GOLD'n GRO
brand of environmentally friendly fertilizers a success. Exciting
related technologies and products are being developed for commercialization.
The planned Stage 1 silver refinery expansion will incorporate some
of these and in so doing will expand and strengthen the Company's
core processing operations and improve its ability to grow profitably.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc.
is a "Creative Clean Technology Growth Company." Itronics,
through its subsidiary, Itronics Metallurgical, Inc., is the only
company with a fully permitted "Beneficial Use Photochemical,
Silver, and Water Recycling" plant in the United States that
converts spent photoliquids into pure silver and GOLD'n GRO liquid
fertilizers. The Company is developing environmentally compatible
mining technology, provides project planning and technical services
to the gold mining industry, and operates the popular InsideMetals.com
web site, http://www.insidemetals.com, which provides a value-added
WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior
Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and
international awards that recognize its ability to successfully
create and implement new environmentally clean recycling and fertilizer
technologies.
The Company's environmentally friendly GOLD'n
GRO liquid fertilizers, which are extensively used in agriculture,
can be used for lawns and houseplants, and are available, along
with liquid fertilizer injectors, at the Company's "e-store"
catalog at http://goldngro.com. The popular Silver Nevada Miner
bars are available at the Company's "e-store" catalog
at http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995: This press release
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 press release 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.)
Contact:
Paul Knopick
888-795-6336
Source: Itronics Inc. |
