CHLORIDE, AZ, Aug. 21, 2012 /PRNewswire/ - Hondo Minerals Corporation (OTCBB: HMNC.OB) today announced the release of the report on its Tennessee Mine operations provided by Dr. Dick Wullaert an independent consultant.
Bill Miertschin, Chairman and CEO of Hondo, said, "We are pleased to release Dr. Wullaert's report because it provides a good summary of our operations. As always, we remain focused on maximizing the use of our E-Leach technology as we continue to process tailings at our Tennessee Mine location."
This report provides an overview of the mining site, the mining operation and the process flow to produce precious metals from mine tailings. Certain aspects of the leaching process and the RenoCell recovery process are discussed in more detail in the report including laboratory sample results.
The full report can be downloaded off the Hondo Minerals website at the following link: http://www.hondominerals.com/investor-relations/reportsAs part of an ongoing effort to optimize the leaching of the Tennessee tailings, our in-house laboratory has performed hundreds of tests on samples exposed to the E-Leach solution and analyzed the results. The calibration methods used by our laboratory are in alignment with the calibration methods used by independent third party assay laboratories such as ACME Labs. Dr. Dick Wullaert PhD Dr. Dick Wullaert has a BS in Metallurgical Engineering from Case Institute of Technology, a MS in Materials Science from Northwestern University and a PhD in Materials Science from Stanford University. He is currently President of Bioguard Industries, Inc., a company specializing in functional liquid and materials science research. As Division Chief at Battelle Columbus, he supervised a staff of 50 scientist and engineers in contract research on nuclear materials, structural integrity, and materials testing. He was a Senior Scientist at Science Applications International Corporation (SAIC), where he advised top level DOE and NRC staff on nuclear materials issues, and managed several functional water programs. About Hondo Minerals 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 operated from the late 1800s until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the U.S. Southwest. Cautionary Note Regarding Forward-Looking Statements 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-K and 10-Q. 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.
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