Thursday January 5, 2012

HMNC owns a total of 540 acres of mineral rights and an additional 720 acres of minerals claimed. Hondo Minerals Corporation's management will continue to search for new mining properties in North America as well as joint venture opportunities.
HMNC began trading in March of 2011 on the OTCBB. Management's goal is to dual list on the American Stock Exchange and the Canadian TSX once the company has qualified for those listings.
INVESTORS ARE WATCHING HMNC

Breaking News For HMNC

Hondo Mineral Corporation Announces Success with eLeach System

CHLORIDE, AZ, January 5, 2011 (GLOBE NEWSWIRE) -- Hondo Minerals Corporation (OTCBB: HMNC.OB - News), today announced preliminary success with its processing facility at the Old Tennessee Mine in Chloride, Arizona. The company is producing commercial quantities of pregnant leached solution (PLS) using its exclusive eLeach process. Metal is being extracted from the PLS using its Renocell electroplating systems.

The company has filled two of its Renocells with metals and is currently drying the Renocells which is the final step in preparation for metal extraction. Once the Renocells are dry and extraction is complete, the metals will be ready to be poured.

Bill Miertschin Chairman and CEO of Hondo said, "We are now at the stage were the company will begin pouring metals. We are extremely happy to show that our proprietary process is scalable and working."

The Renocell is a proprietary machine developed by Renovare Corporation of Alameda, CA, which performs electroplating on a carbon mesh. The company is expecting delivery of the remaining Renocells, the production scale electroplating systems, by the end of this month to complete construction of its first commercial scale extraction plant. Electroplating is a standard process to remove metals from the pregnant solution created by the leaching process step. Electrical current is applied to a conductor, which causes the metal to precipitate on the conductor. The conductor is then burned away to leave metal. The installation of the remaining Renocells is the last stage to ramping up to full scale processing of the one million ton tailings pile present at the mine. The company intends to extract gold, silver, zinc, lead, and other metals that it believes to be present in the pile.

Company Profile - HMNC

Hondo Minerals Corporation ("Hondo") is engaged in the acquisition and exploration of historically significant, mining claims and mining real estate in North America with mineral reserves primarily consisting of precious metals.

The centerpiece of Hondo is the Tennessee and Schuylkill Mines located near Kingman Arizona. This property is the host of what once was the largest producer of silver in Arizona history.

In the fall of 2010, Hondo began construction on the Tennessee Mine Concentration Plant. Late Spring 2011, Hondo is scheduled to begin operations of the metals recovery facility at the Tennessee Concentration Plant will produce gold, silver, zinc, and other metals.

Hondo owns a total of 540 acres of mineral rights and an additional 720 acres of minerals claimed. Hondo Minerals Corporation's management will continue to search for new mining properties in North America as well as joint venture opportunities.

Hondo Minerals Corporation began trading in March of 2011 on the OTCBB. Management's goal is to dual list on the American Stock Exchange and the Canadian TSX once the company has qualified for those listings.

We will announce the winner of 100,000 shares of HMNC in 2 weeks!

Not entered?

Click here to enter to win share certificate for HMNC

Investor Relations for HMNC

The Tennessee Mine operated from the late 1800's until 1947 producing gold, silver, lead and zinc. With as much as 40% of the historically proven veins intact, the Tennessee Mine offers long range opportunities for continued growth. The Tennessee Mine was the largest producing gold and silver mine in Arizona history. By the end of 1938 the mine had developed numerous workings down hole. Future prospects were set for development.

In 1942 The United States Government issues the "Gold Closing Order". Gold is not considered "essential" to the war efforts and gold mining is made illegal in the United States. 2011, 64 years later our assets include one million tons of mineral rich tailings on the surface, Hondo Minerals Corporation owns 540 acres of Mineral Rights & an additional 720 acres claimed or pending. With as much as 40% of the historically proven Gold and Silver underground veins intact, the Tennessee Mine offers long range opportunities for continued growth in addition to process its tailings.

About Gold
Gold Historical Background
Gold has a long and complex history. From gold's first discovery, it has symbolized wealth and guaranteed power. Gold has caused obsession in men and nations, destroyed some cultures and gave power to others.

During the frontier days of the United States news of the discovery of gold in a region could result in thousands of new settlers, many risking their lives to find gold. Gold rushes occurred in many of the Western States, the most famous occurring in California at Sutter's Mill in 1848. Elsewhere, gold rushes happened in Australia in 1851, South Africa in 1884 and in Canada in 1897.

The rise of a gold standard was meant to stabilize the global economy, dictating that a nation must limit its issued currency to the amount of gold it held in reserve. Great Britain was the first to adopt the gold standard in 1821, followed, in the 1870s, by the rest of Europe followed.