QualityStocks
would like to highlight Hondo Minerals Corporation (OTCBB: HMNC). The company
is engaged in the acquisition of mines, mining claims and mining real estate in
the United States, Canada, and Mexico, with mineral reserves of precious metals
or non-ferrous metals. Hondo owns the Tennessee and Schuylkill Mines in
Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in
Arizona history. The Tennessee Mine operated from the late 1800s until 1947
producing lead, zinc, gold and silver. The company also owns numerous other
mining claims in the US Southwest, which are being evaluated for additional
reserves.
In the
company’s news yesterday,
Hondo
Minerals Corporation acknowledges they have received numerous inquiries of
interest into the use of its proprietary processing technology including its
patent-pending E-Leach technology. As a result the company will begin exploring
potential opportunities to further expand operations into the global market.
Hondo
Minerals has developed proprietary processing techniques that dramatically
reduce the need for toxic chemicals such as cyanide or stronger acids that are
widely used in mining activities. Part of the proprietary process includes the
patent-pending E-Leach process. E-Leach is a process that leaches minerals
using electrolyzed water rather than hazardous chemicals. By replacing these
harsher chemicals with safer low pH water we can leach metals such as Gold,
Silver, Lead, Zinc, Copper and Rare Earths. This process extracts minerals more
effectively and efficiently with much lower production cost. The reduction of
chemical use greatly reduces the environmental impact and improves the
relationship between mining and the environment. Hondo has demonstrated the
viability of the process at scale at its Tennessee Mine property in Chloride
Arizona.
“By
extracting metals on a larger scale at our facilities at the Tennessee Mine, we
have proven the efficacy of our E-Leach based processes. We will now begin to
address the many inquires we receive regarding our new technology. We are ready
to take the next step in Hondo’s strategic plan and begin considering and
evaluating business arrangements around the world,” said William Miertschin,
Chief Executive Officer of Hondo Minerals Corporation.
Mr.
Miertschin continued, “This process technology is a real game-changer for us
and potentially for the mining industry. The future of Hondo is more than just
the metals we will extract from the Tennessee Mine resources. By utilizing our
process that uses no chemicals harsher than you might find in a salt water
swimming pool, we have an opportunity to change the way mining relates to the
environment. We intend to seek business opportunities that will create revenue
and ultimately increase our shareholder value.”
Those
interested in learning more about our proprietary technology should contact
Hondo Minerals at the number provided below.
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Statement:
This release
may contain forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. All forward-looking statements are inherently
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