CHLORIDE, AZ, April 27 /PRNewswire/ - Hondo Minerals Corporation (OTC:BB HMNC), is pleased to announce it is installing equipment that will be using a newly developed technology for the abstraction of minerals at Tennessee Mine. E-Leach a patent pending technology that creates a leaching process without the use of hazardous chemicals such as cyanide has become the technology of choice for Hondo's Tennessee Mine processing facility.
Toxic chemicals previously used such as Hydrochloric and Nitric Acid are replaced with a water-based and pH adjusted medium to leach precious and base metals from mine tailings that is safe to humans and the environment.
Electrochemical processes are used to generate pH levels low enough to leach metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery at an extremely low cost per ton.
Bill Miertschin, President of Hondo Minerals says, "This process eliminates most of the dangerous chemicals used in traditional mining making Hondo an Eco-Friendly mining company. We maintain a high recovery rate for a low cost per ton." Bill Miertschin went on to say, "Due to the unique nature of our million ton Tennessee Tailing Pile, we built a plan and helped design a leaching system around this technology and we expect to replicate such systems on future properties."
A total of Fourteen (14) samples were collected at various Tennessee Mine dump and tailing locations by a certified geologist at Kayzak Resources. Assays from American Assay, a Canadian certified lab in Reno, Nevada, were returned on March 18, 2010. Calculations were confirmed by a certified Geologist on March 19, 2010. Results showed free gold and gold from sulfides when concentrated for further purification leading to a yield of 1.7 oz of gold per ton.
Bill adds, "These results are encouraging and when combined with our full E-Leach system in place, we can expect to have a higher yield and we look forward to such results as we begin production in the next few weeks."
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