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HONDO MINERALS CORP (OTCPK:HMNC)
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.
Gold has many applications in a variety of uses and industries. Commonly known to most people of course is gold bullion in the form of coins and gold bars and jewelry. Gold has been used as a currency for hundreds of years. Gold is also used extensively in industrial applications, dentistry, food and the health industry.
Recorded examples of gold used in dentistry go back as far as the Etruscans in the seventh century BC but probably unrecorded may go back a lot further. The Etruscans used gold wire to hold in place substitute animal teeth when their own were damaged or needed replacing. The first book to mention using gold in dentistry was 1530 in Leipzig in which gold leaf was recommended as filling for cavities. Gold has been recommended in dentistry due to it being easy to work with and being resistant to corrosion. In addition it is non toxic, or in other words biocompatible, and can be attached to the body even in the mouth. Gold alloys are used in restoration work as gold malleability makes it easy to produce molars, crowns, incisors and permanent bridges.
For more information please visit: http://www.hondominerals.com
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Black Box Corp. (Nasdaq:BBOX) announced that its Board of Directors has declared a 17% increase to its quarterly cash dividend resulting in a payout of $0.07 per share of its Common Stock. The $0.07 per share dividend was declared on all outstanding shares of Black Box's Common Stock and will be payable on July 14, 2011 to stockholders of record at the close of business on July 1, 2011.
Black Box Corporation provides network infrastructure services for communication systems. The company offers design, installation, integration, monitoring, and maintenance of voice, data, and integrated communication systems.
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Cyberonics Inc. (Nasdaq:CYBX) announced it will participate in the 2011 Jefferies Global Healthcare Conference on Wednesday, June 8, 2011, in New York. Greg Browne, Cyberonics' Senior Vice President, Finance & Chief Financial Officer, will speak to the attendees of the conference at 10:30 AM Eastern Time. A live audio webcast of the presentation can be accessed by clicking on the Investor Relations link on the Cyberonics home page at http://www.cyberonics.com on June 8, 2011.
Cyberonics, Inc., a neuromodulation company, engages in the design, development, manufacture, sale, and marketing of implantable medical devices that provide vagus nerve stimulation (VNS) therapy for the treatment of refractory epilepsy and treatment-resistant depression.
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Telvent Git S.A. (Nasdaq:TLVT) the leading real-time IT solutions and information provider for a sustainable world, announced that it has been selected to install the power control system along the Vigo-Santiago de Compostela-Corunya line, operated by the Spanish infrastructure administrator, Adif. Telvent will develop, install and share maintenance of its energy telecontrol system for the rail line. The installation is scheduled to be completed in 2012.
Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa.
*********************** Orofino Gold Corp. (ORFG)
Here are some uses of gold.
1. Gold is used in medicine, and up until recently in dentistry as fillings.
2. Gold is used in many different electrical goods, as is it such a good conductor.
3. Gold is used in some paints.
4. Gold is used in rings, chains, watches and many different types of jewelry.
5. Gold cars and various other sorts of mechanical applications
6. Gold is used in coins; many mints around the world still make coins today
7. Gold is used as a store of wealth, locked in vaults and traded on the world markets
As you can see these are the most common uses for god, gold is nearly used in all aspects of your life; you can see why it is royally treated and has such value.
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 Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. The rich history of gold in Colombia dates back to pre-Columbian times. Explorers from Europe traveled across the ocean in search of legendary South American riches, much of which were believed to be in the land that comprises what is modern-day Colombia. However, until recently, geographic and political conditions have prevented people and companies from fully leveraging the extent of the region's rich mineralogical resources.
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.
Orofino Gold Corp recently announced results from random chip samples within their Culo Alzado mining area, on the north margin of Senderos de Oro, in Colombia that indicate high grades. A newly recognized gold and silver zone has been discovered in this mining area and the current exploration program will be escalated as recommended by the company's Qualified Person. A complete listing of Acme Analytical Laboratories reports is available on the Company's website at www.orofinogoldcorp.com.
Highlights
O Random chip samples returned high grades to 31.80 grams of gold per tonne in average by adopting fusion method (G6Gr).
o Random chip samples returned grades to 66.80 grams of silver per tonne in average by adopting aqua regia digestion method (7AR).
For more information on ORFG please visit www.orofinogoldcorp.com
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