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HONDO MINERALS CORP (OTCPK:HMNC)
What are the facts about gold? Gold in fact is an element, which the symbol Au as its chemical abbreviation, this comes from the periodic table of elements. The Au could be mistaken for being, Australia or Austria in short terms. However the abbreviation Au, is in fact Latin, deriving from the word Aurum, which was the Latin word for gold.
Gold has been sort after throughout history; it is the most malleable and ductile of all metals. Did you know if you got 1 gram of the yellow metal and bashed it with a hammer, it is possible to have a thin sheet of gold that would be equal to one square meter!! Gold is also a great conductor and it is used in many different electrical devices.
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.
HONDO MINERALS CORP (OTCPK:HMNC) is pleased to announce that it has just acquired over $500,000 dollars of additional E-Leech equipment for its Tennessee Mine production facility. William R. Miertschin Chairman and CEO of Hondo Minerals says, "This purchase a long with the $2.4 million dollars of previously announced equipment demonstrates our continued efforts to invest real dollars in this project to increase shareholder value."
Mr. Miertschin went on to say, "All of this newly acquired equipment will allow the company the ability to reach its production and revenue targets 6 to12 months ahead of schedule, and with the advanced technology of E-Leech Hondo Minerals is posed to set new standards while obtaining optimum results from its exclusively licensed mining process."
E-Leech technology is a patent pending process that creates a leaching process without the use of hazardous chemicals such as cyanide at its Tennessee Mine processing plant. 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.
For more information please visit: http://www.hondominerals.com
Orofino Gold Corp. (ORFG)
Orofino's strategy to become a recognized player in the Colombia mining sector began with the acquisition of the La Azul/La Estrella property in the Senderos de Oro region of Colombia; a Northern extension of South America's highly mineralized Andes Mountain Range. Development of this property has included acquisition of concessions for the surrounding lands, including adding the San Carlos and Culo Alzado properties, detailed analysis of historic geological and cultural records of the area, and regular mineral analysis of newly obtained resource samples. In addition, Orofino has acquired a database comprised of exploration and mining results from previous operators who left as a result of pre-21st century regional civil and economic instability.
Gold has a wide distribution within the earth, especially in areas under the oceans and sea; it is found in the form of dust, grains, flakes, or nuggets. Gold is ductile as well as malleable in nature. This means it can be drawn into wires and beaten into thin sheets. This soft metal is able to reflect heat as well as light. Gold is a metal and therefore a good conductor of electricity. Gold is considered to be a noble metal. It is chemically inactive. This is because it is highly resistant to react with other elements.
Orofino Gold Corp. President Ary Pernett and Vice President of Development Alfonso Calderon hosted investors interested in a firsthand look at the company's Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.
The group spent four days in Colombia during which they had an opportunity to tour Orofino's active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia's revitalized foreign investment opportunities and stability. Following this site visit, Orofino's directors and investors are expected to prepare for the company's future funding and development needs as it continues to expand exploration at Senderos de Oro.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino's corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
Developers Diversified Realty Corp. (NYSE:DDR) the Board of directors has declared its second quarter 2011 common stock dividend of $0.04 per share. The common dividend is payable July 6, 2011 to shareholders of record at the close of business on June 20, 2011.
Developers Diversified Realty Corporation (DDR) operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.
The Singapore Fund, Inc. (NYSE:SGF) announced that it has postponed the Annual Meeting of Stockholders, which had been scheduled for Thursday, June 2, 2011. The Fund will announce a new date for the Annual Meeting of Stockholders, as well as the record date for the determination of stockholders entitled to notice of and to vote at the Annual Meeting as soon as they are available.
The Singapore Fund, Inc. is a close-ended equity mutual fund launched by DBS Asset Management (United States) Pte. Ltd. It is managed by Daiwa SB Investments (Singapore) Ltd. (DSBI Singapore).
PolyOne Corporation (NYSE:POL) opened the doors of a state-of-the art Innovation Center at its Avon Lake, Ohio headquarters. This facility supports customers with leading-edge capabilities for application development, testing, process optimization and color matching. The new facility is a significant extension of the Company's customer-focused resources, and represents a first-phase investment of over $3 million.
PolyOne Corporation provides specialized polymer materials, services, and solutions with operations in thermoplastic compounds, specialty polymer formulations, color and additive systems, thermoplastic resin distribution, and specialty polyvinyl chloride resins.
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