This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Hondo Minerals Corporation Enlists Mining Experts Maiden Resources At Tennessee Mine

CHLORIDE, AZ, Nov. 13, 2012 /PRNewswire/ - Hondo Minerals Corporation (OTCBB: HMNC) today announces that the Company has enlisted the expertise and mining related talents of Maiden Resources, Inc. from the Coeur d'Alene Mining District of North Idaho.

The Coeur d'Alene Mining District is known for its rich silver, lead and zinc deposits and an enormous amount of these minerals have been extracted in the area for more than one hundred years.  Maiden Resources brings decades of experience in assaying, processing, permitting, regulatory and safety matters in both underground and open pit mining operations to Hondo's team, Maiden will aid Hondo in professionally evaluating the old Tennessee Mine with the idea of exploring its underground ore reserves for possible mining ventures.

Tim Cushman, Bob Flinders and Lee Haynes of Maiden Resources were on site and commented on the similarities between the Tennessee Mine and the mines of the Coeur d'Alene Mining District.  In a recent visit, preliminary sampling of identified ore exposures were conducted with promising results. The results are showing good numbers and should justify a more extensive exploration of the possible ore reserves left in the ground. Hondo and Maiden will be discussing these possibilities in the coming weeks and will keep the public informed as results develop.

As Hondo Minerals has continued to make the transition from primarily mining construction operations to ore processing operations in the past several months, the most recent 2-3 weeks have been ones of decisive and substantial changes in our operations at the Chloride/ Tennessee Mine facilities.

The contract of the Operations Manager of the past 2.5 year and the related management company, Advanced Natural Technology Services, Inc., was not renewed.

Stock quotes in this article: HMNC 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs