|
Press
Release Archives: 09/20/2002
Itronics'
GOLD'n GRO Liquid Fertilizer, an Earth Friendly Product,
Significantly Increases Output of Cotton, a $6 Billion
Crop, in Field Trials
RENO,
Nev.--(BUSINESS WIRE)--Sept. 20, 2002--Itronics Inc.
(ITRO - news) today reported that its subsidiary, Itronics
Metallurgical, Inc., obtained a 10 percent increase
in mature cotton bolls in a field fertilization trial
using its GOLD'n GRO fertilizer. This would be expected
to increase bales per acre for sale, with an increase
in value to the grower about 30 times the cost of the
GOLD'n GRO fertilizer used.
The
foliar field application was made by a grower spray
rig along with a growth regulator that is normally applied
to cotton. The increase in the number of cotton bolls
is compared to the grower's normal practice of spraying
the plants with the growth regulator without fertilizer.
The increase was achieved with the application of one
quart of GOLD'n GRO per acre at a cost of about $2.50
per acre. Based on the results, the grower could expect
to produce a return of about $75 per acre using Itronics'
environmentally beneficial product.
"The
results demonstrate a very cost effective application
for GOLD'n GRO in the important cotton market,"
said Dr. John Whitney, Itronics President. Cotton is
one of America's premier crops, with about 13 million
acres grown producing an annual crop value of about
$6 billion, according to the U.S. Department of Agriculture.
California and Arizona, states in which GOLD'n GRO is
currently sold, produce high quality cotton. Itronics
is actively investigating GOLD'n GRO distribution opportunities
in Texas, which is the largest cotton producing state
with approximately five million acres.
"These
results further demonstrate that GOLD'n GRO products
are effective on a wide range of crops, including alfalfa
for dairy hay, oranges and lemons, green peppers, lettuce,
table and wine grapes, sweet corn, sunflowers, tomatoes,
watermelons and fresh plums and prunes," said Dr.
Whitney. The cotton field trial was conducted on a 400-acre
field in southwestern Arizona utilizing GOLD'n GRO 8-8-8,
a new product being introduced into the specialty agriculture,
nursery and greenhouse markets. The Company also announced
that another new product, GOLD'n GRO Zinc, is being
introduced this year as a micronutrient supplement for
cotton field preparation in the Fall and Winter in California
when fields are prepared for next year's crop.
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 photowaste and
to convert the resulting liquid into environmentally
beneficial, chelated, multinutrient liquid fertilizer
products sold under the trademark GOLD'n GRO. These
earth friendly liquid fertilizers, which can also be
used for lawns and houseplants, and the popular Silver
Nevada Miner bars, a souvenir of the Silver State, are
available at the Company's Web site: http://www.itronics.com.
Itronics
Inc. is one of Nevada's leading process technology development
companies and a world leader in photochemical recycling.
Headquartered in Reno, Nevada, it specializes in recycling
technology development, photobyproduct recycling, silver
refining, and technical services for the mining and
recycling industries. 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 award in the chemical process
industries worldwide.
VISIT
OUR WEB SITE: www.itronics.com
(The
statements in this news release that are not historical
facts or statements of current status are forward-looking
statements as defined in the Private Securities Litigation
Reform Act of 1995 that involve risk and uncertainties.
Actual results may differ materially.)
|
