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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 Corporation is pleased to announce that, as planned, it has completed the operation to produce ionized water which is the critical substance needed for the extraction of minerals as required by our process.
The ionized water will be produced in a nearby offsite to be stored and available for immediate use following the anticipated Mining Safety and Health Administration (MSHA) training, inspection and site review at the Tennessee Mine. The full mineral extraction process onsite will begin immediately following the MSHA regulatory and safety training certification.
William R. Miertschin Chairman and CEO of Hondo Minerals say, "With machinery in place to load and crush our tailings and electric generation to power our processing equipment, we await regulatory inspections for final approvals for our site and facilities."
Hondo's initial independent testing has indicated the Tennessee Mine tailings and dumps could produce an average of 1 oz. to 3 oz. of gold and about 30 oz. or more of silver per ton using our exclusive environmentally friendly technology. At the Tennessee Mine there are approximately a million tons of metal rich tailings and dump material.
Silver is used to make silver oxide batteries which have a longer life and a higher energy / weight ratio than alternative battery types such as mercury or alkaline. Also they have more energy per size and will last longer than lithium-ion batteries used in computers and other such electronics. Batteries manufactured with silver tend to be small due the cost of silver, with large silver oxide batteries usually only used in military or industrial settings where superior performance is necessary.
For more information please visit: http://www.hondominerals.com
Arch Capital Group Ltd. (Nasdaq:ACGL) announced that John C.R. Hele, Executive Vice President and Chief Financial Officer of Arch Capital Group Ltd., is scheduled to present at the Deutsche Bank Securities Global Financial Services Investor Conference in New York. The presentation will take place on June 7, 2011 at 8:55 a.m. Eastern Time.
Arch Capital Group Ltd., together with its subsidiaries, provides insurance and reinsurance products worldwide. It operates in two segments, Insurance and Reinsurance. The company was founded in 1995 and is based in Hamilton, Bermuda.
OmniVision Technologies Inc. (Nasdaq:OVTI) reported financial results for the fiscal fourth quarter and fiscal year ended April 30, 2011. Revenues for the fourth quarter of fiscal 2011 were $258.3 million, as compared to $265.7 million in the third quarter of fiscal 2011, and $157.2 million in the fourth quarter of fiscal 2010. GAAP net income attributable to OmniVision Technologies, Inc. in the fourth quarter of fiscal 2011 was $34.0 million, or $0.56 per diluted share, as compared to net income attributable to OmniVision Technologies, Inc. of $44.7 million, or $0.75 per diluted share in the third quarter of fiscal 2011, and $3.5 million, or $0.07 per diluted share in the fourth quarter of fiscal 2010.
OmniVision Technologies, Inc. designs, develops, and markets semiconductor image-sensor devices. OmniVision Technologies, Inc. was founded in 1995 and is based in Santa Clara, California.
MAKO Surgical Corp. (Nasdaq:MAKO) announced that Maurice R. Ferre, M.D., President and Chief Executive Officer of MAKO, will present at the Goldman Sachs 32nd Annual Global Healthcare Conference at the Terranea Resort at Ranchos Palos Verdes, CA on Thursday, June 9, 2011 at 10:40 am PT. A webcast will be available and may be accessed by visiting MAKO's website at www.makosurgical.com under the Investor Relations section. A replay of the webcast will be available immediately after the conclusion of the presentation.
MAKO Surgical Corp., a medical device company, markets its advanced robotic arm solution and orthopedic implants for minimally invasive orthopedic knee procedures primarily in the United States.
Cleantech Transit Inc. (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide. Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Biomass is biological material derived from living, or recently living organisms. In the context of biomass for energy this is often used to mean plant based material, but biomass can equally apply to both animal and vegetable derived material. Biomass is carbon based and is composed of a mixture of organic molecules containing hydrogen, usually including atoms of oxygen, often nitrogen and also small quantities of other atoms, including alkali, alkaline earth and heavy metals.
Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facility and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
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