Hondo Minerals Will Begin Sampling its Newly Acquired Properties with Plans to Expand Production
PR Newswire
CHLORIDE, AZ, May 11
CHLORIDE, AZ, May 11 /PRNewswire-FirstCall/ – Hondo Minerals Corporation (OTCBB: HMNC) is
pleased to announce that the company has now closed on a major new land
acquisition whereby the company will begin to sample the property for
future mining and processing. Hondo Minerals now controls 1796 acres
of patented and BLM claims in the Southwestern United States.
Bill Miertschin, CEO of Hondo Minerals says, “We are very excited that
we have acquired new Patented and BLM acreage for future exploration
development. As we continue to expand our mining and revenue
opportunities in the Southwestern United States” Mr. Miertschin added,
“As we are nearing completion of our Tennessee Processing Plant, we are
driven by our confidence to utilize our technology and begin sampling
and testing of our land assets with our newly acquired lab.”
Hondo has acquired the following patented and BLM land.
Chloride area new BLM claims include:
- Calamity
- Temperance
- Raven
- Stair Step
- Sir Load
- Randy Bell.
Mohave BLM claims include:
- Hondo
- St Louis
Mohave patented ground include:
- Ra
- Quaker
- Exchequer
- Golden Gem
- Red Seal
- Siwash
Mineral Park Area patented ground:
- Summit Mine
- Silver Monster Mine
About The Company
Hondo Minerals Corporation 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 1800’s 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.
This press release contains forward-looking statements that involve
risks and uncertainties, including the Company’s beliefs about its
business prospects and future results of operations. Some factors that
could cause actual results to differ materially include economic and
operational risks, changes in anticipated earnings, continuation of
current contracts, and other factors detailed in the Company’s filings
with the Securities and Exchange Commission, including its most recent
Forms 10-KSB and 10-QSB. The Company forecasts provided above are
dynamic and therefore refer only to this release date. The Company does
not undertake to update any forecasts that it may make available to the
investing public.
Please visit www.Hondominerals.com
SOURCE Hondo Minerals Corporation
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