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Press
Release Archives: 05/14/2004
Itronics
Announces That Silver Sales More Than Tripled in First
Quarter With a 231 Percent Increase
RENO,
Nev., April 20 /PRNewswire-FirstCall/ -- Itronics Inc.
(OTC Bulletin Board: ITRO; Frankfurt and Berlin Stock
Exchanges: ITG) reported today that silver sales by
its subsidiary, Itronics Metallurgical, Inc., more than
tripled last year's first quarter with a 231 percent
increase.
"Sales
of our beautifully crafted 5 troy ounce, 99.9 percent
pure Silver Nevada Miner bars accounted for more than
half of the increase in first quarter silver sales,"
said Dr. John W. Whitney, Itronics President.
"Due
to widespread consumer interest, Itronics Metallurgical
has begun an Internet advertising campaign which will
continue through the second quarter and is expected
to further increase Silver Nevada Miner bar sales,"
Dr. Whitney said. "Retail sales of limited edition
numismatic silver bars have the potential for meaningful
growth as consumer interest in silver and gold is rekindled."
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, animal repellent fertilizer
products under the trademark GOLD'n GRO GUARDIAN, and
5 troy ounce, 0.999 pure, Silver Nevada Miner numismatic
bars. The environmentally friendly liquid fertilizers,
which can be used for lawns and houseplants, and the
popular Silver Nevada Miner bars are available at the
Company's 'e-store' catalog at http://www.itronics.com.
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: 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.)
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