Hondo Minerals Regulatory Update
CHLORIDE, AZ, May 10, 2012 /PRNewswire/ - Hondo Minerals Corporation (HMNC.OB) today provided an update on operations.
Over the past two weeks, the Company's Tennessee Mine near Chloride, Arizona, has had site inspections of our facilities and operations by the State of Arizona Department of Mines and Mineral Resources, State of Arizona Department of Environmental Quality by both the Water Quality Division and Air Quality Division, and additionally two inspection visits by the US Department of Labor Mine Safety and Health Administration (MSHA). Hondo is pleased to report that the Company has not been ticketed or fined for any violations for our current mining operations. The Agencies and their personnel were very professional and thorough in the inspection process and helpful in their assessments. Because of Hondo's representatives training and experience in the environmental and safety industry, including mining reclamation and remediation of contaminated sites for governmental agencies, the parties interfaced well, and results were productive and helpful for Hondo.
"Over the past few weeks we have had government regulators visiting our Chloride operations, and we are pleased to report that our efforts to control dust, emissions, noise, and drainage were recognized as these agencies performed their inspections. As a processor for mineral leaching and extraction, we use no chemicals stronger than you find in a saltwater swimming pool, and our tailings and wastewater is non-toxic. Almost all of wastewater re-circulated and re-used for additional processing. "
"Our intent has always been to as "green" a mining company as we can be, both environmentally and financially. I commend our Chloride staff for their dedication and efforts in this regard," stated William R. Miertschin, Hondo's CEO.
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 was at one time 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.
Cautionary Note Regarding Forward-Looking Statements
The company's presentation will contain 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 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.
SOURCE Hondo Minerals Corporation
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