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Press
Release Archives: 12/13/2005
Itronics
Silver Sales Expected to Increase by 79 Percent in the
Fourth Quarter, 43 Percent for the Year
RENO, Nev., Dec. 13 /PRNewswire-FirstCall/ -- Itronics
Inc. (OTC Bulletin Board: ITRO; Frankfurt and Berlin
Stock Exchanges: ITG) reported today that its
subsidiary, Itronics Metallurgical, Inc. expects its
silver sales to be up approximately 79 percent in the
fourth quarter and to increase by 43 percent for the
full year 2005.
"Silver prices have risen strongly this year, and we've
achieved an increase in the amount of silver bullion we
extract by processing photoliquids," said Dr. John
Whitney, Itronics President. "This increase in silver
bullion is being fueled by expanding sales of GOLD'n GRO
bulk chelated liquid multinutrient fertilizers which
include the GOLD'n GRO 4-0-9 + 6.6% Sulfur Base Liquid
that is being successfully introduced into our
distributor's sales network in California."
GOLD'n GRO bulk chelated liquid multinutrient fertilizer
sales tonnage through December 6 was up approximately 80
percent for the quarter-to-date compared to 2004, and
full year tonnage-to-date in this category was up
approximately 17 percent compared to the entire year
2004. "This growth is expected to continue in 2006,"
said Dr. Whitney. "And this on-going growth in GOLD'n
GRO fertilizer sales is expected to increase silver
bullion production in 2006."
About Itronics
Itronics, through its subsidiary, Itronics
Metallurgical, Inc., is the only company in the world
with a "Beneficial Use Photochemical, Silver, and Water
Recycling" facility that extracts more than 99 percent
of the silver and virtually all the other toxic heavy
metals from used photoliquids and converts the resulting
liquids into environmentally beneficial, chelated,
multinutrient liquid fertilizer products sold under the
GOLD'n GRO trademark, and 5 troy ounce, 0.999 pure,
Silver Nevada Miner numismatic bars. The environmentally
friendly liquid fertilizers can be used for lawns and
houseplants, and are available, along with GOLD'n GRO
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.
Headquartered in Reno, Nevada, Itronics Inc. is a
"Creative Environmental Technology" company and a world
leader in photochemical recycling. The Company also
provides project planning and technical services to the
mining industry and operates the global Internet
Information Portal, http://www.insidemetals.com. 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. Itronics was awarded second place, Highly
Commended in the Environmental Technology category, at
the prestigious Institution of Chemical Engineers (IChemE)
2005 Worldwide Environmental Award ceremonies at the
Royal Courts of Justice in London, England in September
2005. Itronics was awarded the USA Gold Award at the
House of Commons in London in November 2005 as part of
the International Green Apple Environmental Awards
contest, one of the largest and most prestigious of its
kind in the world.
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.)
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Source: Itronics Inc. |
