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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 has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year. La Azul features numerous geological similarities to Greystar's Angostura project and Ventana's La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.
Gold is a metallic element with a characteristic yellow color, but can also be black or ruby when finely divided, while colloidal solutions are intensely colored and often purple. Gold is the most malleable and ductile metal known; a single gram of gold can be beaten into a sheet of one square meter, or an ounce into 300 square feet. A soft metal, gold will readily form alloys with many other metals.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
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.
Silver plays no known natural biological role in humans, and possible health effects of silver are a subject of dispute. Silver itself is not toxic, but most silver salts are, and some may be carcinogenic.
Silver (particularly colloidal silver) and its compounds can be absorbed into the circulatory system and become deposited in various body tissues, leading to a condition called argyria. This condition produces a blue-gray pigmentation of the skin, eyes, and mucous membranes. Although this condition does not harm a person's health, it is disfiguring and usually permanent. Argyria is rare and mild forms are sometimes mistaken for cyanosis.
Silver ions and compounds have a toxic effect on some bacteria, viruses, algae, and fungi, similar to the toxicity of heavy metals like lead or mercury. For humans, however, they do not have the high toxicity associated with lead and mercury.
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
Orbit International Corp. (Nasdaq:ORBT) announced that its Orbit Instrument Division received an order of approximately $440,000 for Standard Terminal Automation Replacement System ("STARS") keyboards that will be incorporated into air traffic control systems in U.S. airports. Deliveries are expected to commence in the third quarter of 2011 and continue through year-end, with additional orders expected in the fourth quarter of 2011, for delivery next year.
Orbit International Corp., through its subsidiaries, primarily engages in the design, manufacture, and sale of customized electronic components and subsystems, commercial power units, and commercial-off-the-shelf power solutions. The company operates through two segments, Electronics and Power.
Geron Corporation (Nasdaq:GERN) announced two presentations on the company's ongoing Phase 1 clinical trial of the human embryonic stem cell-based therapy, GRNOPC1, in patients with spinal cord injury. Data on the first two patients were presented at the 2011 International Conference on Spinal Cord Medicine and Rehabilitation in Washington, D.C. A second presentation was given at the 2011 Spine Symposium, which was held as part of The American Spinal Injury Association (NASDAQ:ASIA) Annual Scientific Meeting. The presentations were given by Edward Wirth, III, M.D., Ph.D., Geron's Medical Director for Cell Therapies and Linda Jones, P.T., M.S., Geron's Senior Clinical Trials Manager for GRNOPC1.
Geron Corporation, a biopharmaceutical company, develops biopharmaceuticals for the treatment of cancer and chronic degenerative diseases, including spinal cord injury, heart failure, and diabetes. Geron Corporation was founded in 1990 and is based in Menlo Park, California.
Odyssey Marine Exploration Inc. (Nasdaq:OMEX) has executed a charter agreement to utilize the Russian Research Vessel Yuzhmorgeologiya to conduct search operations for the SS Gairsoppa. The Gairsoppa was torpedoed by a German U-Boat in February 1941 while enlisted in the service of the United Kingdom Ministry of War Transport. Contemporary research and official documents indicate that the ship was carrying as much as 7,000,000 ounces of silver. In 2010, the United Kingdom (NASDAQ:UK) Government Department for Transport awarded Odyssey, through a competitive bid, the exclusive salvage contract for the cargo of the SS Gairsoppa. Under the salvage contract, Odyssey will retain 80% of the bullion value of the cargo after expenses.
Odyssey Marine Exploration, Inc. engages in the exploration and recovery of deep-ocean shipwrecks worldwide. The company sells coins, artifacts, and merchandise, as well as leases its themed attraction exhibit and expedition charters.
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