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Press
Release Archives: 03/16/2004
Itronics
Announces That Its Silver Sales Are Expected to Double
in First Quarter Due to Popularity of Silver Nevada
Miner Bars
RENO,
Nev., March 16 /PRNewswire-FirstCall/ -- Itronics Inc.
(OTC Bulletin Board: ITRO; Frankfurt Stock Exchange:
ITG) reported today that a significant increase in sales
of 2004 Limited Edition Silver Nevada Miner bars by
its subsidiary, Itronics Metallurgical, Inc., is doubling
first quarter silver sales compared to 2003.
The
beautifully crafted, 5 troy ounce, 99.9 percent pure
Silver Nevada Miner bar is the only 5 troy ounce silver
bar currently being manufactured and sold in the United
States. With renewed consumer interest in silver and
rising prices the 2004 Limited Edition Silver Nevada
bars, which became available for sale in January, are
rapidly becoming a popular collectible item.
"While
this is still a modest part of our overall business,
we are pleased by the increased sales and are looking
forward to this trend continuing," said Dr. John
Whitney, Itronics President. "Because of expanding
consumer interest in silver we are initiating an Internet
advertising campaign for the second quarter which is
expected to further increase Silver Nevada Miner bar
sales."
The
Silver Nevada Miner bar was created to commemorate the
long and eventful silver mining history of Nevada and
is an excellent souvenir of Nevada, the "Silver
State." The top surface of the bar is engraved
with an authentic reproduction of a miner in one of
the famous "square-set" stopes of the Comstock
Silver Mines at Virginia City, Nevada, in the mid-1860's.
The bars are 2 3/8 inches by 1 3/8 inches by 1/4 inch
thick and contain exactly 5 ounces of pure silver. They
are "proof quality" and include a year-stamp
authenticating the limited edition. The Silver Nevada
Miner bars are available at the Company's 'e-store'
catalog at http://www.itronics.com/ .
Itronics,
through its subsidiary, Itronics Metallurgical, Inc.,
is the only company in the world with the technology
to extract more than 99 percent of the silver and virtually
all the other toxic heavy metals from used photoliquids
and to use this "Beneficial Use Photochemical,
Silver, and Water Recycling" technology to convert
the resulting liquids into environmentally beneficial,
chelated, multinutrient liquid fertilizer products sold
under the trademark GOLD'n GRO, and animal repellent/fertilizer
products under the trademark GOLD'n GRO GUARDIAN.
Headquartered
in Reno, Nevada, Itronics Inc. is one of Nevada's leading
process technology companies and a world leader in photochemical
recycling. The Company also provides project planning
and technical services to the mining industry. Dr. John
Whitney, Itronics President, was selected as Nevada's
Inventor of the Year for 2000 and is a member of the
Inventor's Hall of Fame at the University of Nevada,
Reno. Itronics was one of five finalists for the 2001
Kirkpatrick Chemical Engineering Award, the most prestigious
worldwide award in chemical engineering technologies.
VISIT
OUR WEB SITE: http://www.itronics.com/
(Statements
in this press release may constitute forward-looking
statements and are subject to numerous risks and uncertainties,
including the failure to complete successfully the development
of new or enhanced products, the Company's future capital
needs, the lack of market demand for any new or enhanced
products the Company may develop, any actions by the
Company's partners that may be adverse to the Company,
the success of competitive products, other economic
factors affecting the Company and its markets, and other
risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission. The actual
results may differ materially from those contained in
this press release. The Company disclaims any obligation
to update any statements in this press release.)
CONTACT:
Paul Knopick, +1-888-795-6336, for Itronics Inc.
Web
site: http://www.itronics.com/
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