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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.
Diversity is silver's primary asset. Its unique properties include beauty, strength, sensitivity to light, malleability and ductility, electrical and thermal conductivity, reflectivity and the ability to endure extreme temperature changes. These properties allow groundbreaking research to be conducted by scientists and engineers that affect the way we live.
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
Fiserv, Inc. (Nasdaq:FISV) announced that its Board of Directors has authorized it to repurchase up to 7.5 million shares of the company's common stock, or approximately 5 percent of its outstanding shares. Fiserv may repurchase shares in the open market or in privately negotiated transactions at the discretion of management, subject to its assessment of market conditions and other factors.
Fiserv, Inc. and its subsidiaries provide various financial services technology solutions. Its solutions include electronic commerce systems and services, such as transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions.
Dollar Tree, Inc. (Nasdaq:DLTR) reported its results for the quarter ended April 30, 2011 ("first quarter"). Consolidated net sales for the first quarter were $1.55 billion, a 14.3% increase compared to $1.35 billion reported for the quarter ended May 1, 2010 ("first quarter 2010"). Comparable store sales increased 7.1%, on top of a 6.5% increase for the first quarter 2010. Earnings per diluted share for the first quarter were $0.82, compared to earnings per diluted share of $0.49 reported for the quarter ended May 1, 2010, which included a non-recurring, non-cash charge of $26.3 million relating to a retail inventory accounting change in the first quarter 2010. The Company's earnings per diluted share of $0.82 in the first quarter 2011 were an increase of 34.4% compared to the first quarter 2010 earnings per diluted share of $0.61, absent the charge.
Dollar Tree, Inc. operates discount variety stores in the United States. Its stores offer merchandise at the fixed price of $1.00. The company operates stores under the names of Dollar Tree, Deal$, and Dollar Bills.
Royal Gold, Inc. (Nasdaq:RGLD) announced that its Board of Directors has declared its third quarter dividend of $0.11 per share of common stock. The dividend is payable on July 15, 2011 to shareholders of record at the close of business on July 1, 2011. The quarterly dividend of US$0.11 is also payable to holders of exchangeable shares of RG Exchangeco.
Royal Gold, Inc., together with its subsidiaries, acquires and operates precious metals royalties. The company owns royalty interests in various production, development, evaluation, and exploration stage projects, which explore for gold, silver, copper, lead, and zinc metals.
Orofino Gold Corp. (ORFG)
Orofino Gold Corp. President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) 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.
Orofino Gold Corp. is a Colombia-based gold producer with primary projects in the mineral-rich Senderos de Oro region of northern Colombia. Orofino's directors operate the company two parallel growth strategies: continue development of existing properties and acquire additional mining assets.
Gold is used in decorations. It is very malleable so it can be beaten into gold leaves. This is how it was used in the past to decorate cathedrals, castles, towers and even whole roofs. It is still used nowadays in situations like these and also to decorate pieces of furniture and chairs. This opulence was a symbol of wealth in the past, and still is nowadays.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
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