Hondo Minerals Corporation ("Hondo") is engaged in the acquisition and exploration of historically significant, mining claims and mining real estate in North America with mineral reserves primarily consisting of precious metals.
In the fall of 2010, Hondo began construction on the Tennessee Concentration Plant. Late Spring 2011, Hondo is scheduled to begin operations of the metals recovery facility at the Tennessee Mine. The Tennessee Concentration Plant will produce gold, silver, zinc, and other metals. IT IS NOW 2013 - WHERE IS THE GOLD???
Hondo owns a total of 540 acres of mineral rights and an additional 720 acres of minerals claimed. Hondo Minerals Corporation's management will continue to search for new mining properties in North America as well as joint venture opportunities.
Hondo Minerals Corporation began trading in March of 2011 on the OTCBB. Management's goal is to dual list on the American Stock Exchange and the Canadian TSX once the company has qualified for those listings.
Hondo Minerals Corporation Trading Symbol: HMNC
HMNC Security Details
|Market Value1 ||$16,395,400 ||a/o May 05, 2011 |
|Shares Outstanding ||36,221,888 ||a/o Oct 31, 2010 |
|Float ||Not Available |
|Authorized Shares ||Not Available |
|Par Value ||0.001 |
|Shareholders of Record ||41 ||a/o Oct 27, 2010 |
| ||Ex. Date ||Record Date ||Pay Date |
Effective March 8, 2011, Tycore Ventures Inc. changed it's name to Hondo Minerals Corporation and increased it's authorized shares of common stock from 75,000,000 to 200,000,000. Also on that date, the Company authorized a 5:1 stock dividend whereby for every one old share of common stock was exchanged for 5 new shares of the Company's common stock. As a result, the issued and outstanding shares of common stock increased from 6,860,000 to 34,300,000.
EXAMPLES OF HONDO PROPAGANDA:
The Tennessee Mine operated from the late 1800′s until 1947 producing gold, silver, lead and zinc. MOSTLY LEAD AND ZINC, MUCH LESS GOLD AND SILVER, WHICH WERE BYPRODUCTS ONLY
With as much as 40% of the historically proven veins intact, the Tennessee Mine offers long range opportunities for continued growth. VERY, VERY LONG RANGE - IT TAKES UP TO 10 YEARS TO PERMIT A NEW UNDERGROUND MINE IN ARIZONA
The Tennessee Mine was the largest producing gold and silver mine in Arizona history. POPPYCOCK! IT WAS A GOOD LEAD AND ZINC PRODUCER, BUT NOT IN THE TOP 20 FOR GOLD OR SILVER PRODUCTION IN ARIZONA
By the end of 1938 the mine had developed numerous workings down hole. WHAT DOES THIS MEAN? IT IS AN UNDERGROUND MINE, OF COURSE IT HAD WORKINGS DOWN HOLE.
Future prospects were set for development.
In 1942 The United States Government issues the "Gold Closing Order". Gold is not considered "essential" to the war efforts and gold mining is made illegal in the United States.
2011, 64 years later our assets include one million tons of mineral rich tailings on the surface, Hondo Minerals Corporation owns 540 acres of Mineral Rights & an additional 720 acres claimed or pending. NO PROOF THAT THERE IS ANY GOLD IN THE TAILINGS WORTH PROCESSING.
With as much as 40% of the historically proven Gold and Silver underground veins intact, the Tennessee Mine offers long range opportunities for continued growth in addition to process its tailings. NOPE, MANY YEARS TO EXPLORE AND PERMIT AN UNDERGROUND MINE.
Early independent testing has shown the Tennessee Mine has approximately a million tons of tailings and dump material that can produce 1 oz. to 3 oz. gold and about 33 oz. of silver per ton using our exclusive technology above ground. TOTAL GARBAGE - THE TAILINGS HAVE BEEN SHOWN TO HAVE GOLD AT 0.020 OZ/TON (AT BEST) - THIS IS INFORMATION OBTAINED BY HONDO'S OWN CONSULTANT, HOWARD METZLER, AND BACKED UP BY HISTORIC PRODUCTION RECORDS AVAILABLE AT THE ARIZONA GEOLOGICAL SURVEY
In addition the Tennessee Mine has as much as 40% of the historically proven veins intact underground, the Tennessee Mine offers long range opportunities for continued growth through its underground reserves.
The Tennessee Mine was the largest producing gold and silver mine in Arizona history. BULL! NOT EVEN CLOSE!
Samples for the Tennessee Mine tailings were collected by certified geologist Howard Metzler of Kayzak Resources. Fourteen (14) total samples were collected from various locations from the Tennessee dump and tailings pile.
Assays from American Assay, a Canadian certified lab in Reno, Nevada, were returned on March 18, 2010. Calculations were confirmed by certified Geologist Howard Metzler on March 19, 2010. Results showed free gold and gold from sulfides when concentrated for further purification leading to a yield of 1.7 oz of gold per ton. WRONG. HIS RESULTS AVERAGED ABOUT 0.020 OZ/TON, AND HONDO WON'T RELEASE THE REPORT.
Due to the unique (?) nature of silicates such as clay and heavy Galena concentrations, a plan is under design to switch to a leaching system for the Tennessee tailings. Precious metal recovery during gravity float showed to be around the 45% - 50% level while leach based recovery is expected to return 93% - 95% of precious metals.
Environmentally Friendly Mining YEA RIGHT! HONDO HAS BEEN ISSUED NUMEROUS NOTICES OF VIOLATION BY THE STATE OF ARIZONA, WHICH HAVE NOT ALL BEEN ADDRESSED. IN PARTICULAR, THEY NEED AN AQUIFER PROTECTION PERMIT BEFORE OPERATING AGAIN, WHICH TYPICALLY TAKE SEVERAL YEARS.
Using a new patent pending process (BS) that creates a leaching type process without the use of hazardous chemicals such as cyanide
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.
Chemical and 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.
A major advantage to this proprietary leach process is the ability to selectively drop metals inherent to the ore, thereby reducing such processing complications such as zinc impregnation in silver.
Properties & Claims
Hondo owns the Tennessee and Schuylkill Mines in the Wallapai Mining District near Chloride, Mohave County, Arizona. The Tennessee Mine operated from the late 1800′s until 1947 producing lead, zinc, gold and silver. The Tennessee Mine includes a 750,000-ton tailings pile and is adjacent to the Schuylkill Mine.
Hondo also owns 24 mining claims in the Cripple Creek, Teller County, Colorado area. However, the properties are not in operation at this time.
Hondo owns another 80-acre patented mining claim in Juab County, Utah known as the Sullivan Lode and 9 unpatented mining claims in Iron County, Utah referred to as War Eagle. Again, neither site is in operation at this time.
List of Current Mining Properties:
|Patented Mining Claims: ||Non-Patented BLM Claims: |
- Molly Gipson
- Buillion Beck
- Little Wonder
- Great Lead
- Terminal Mill Site (Pending)
- Lucky Boy (Pending)
- Queen (Pending)
- Silver Monster (Pending)
- Golden Gem (Pending
- Exchequer (Pending)
- Ra (Pending)
- Quaker (Pending)
- Red Seal (Pending)
- Siwash (Pending)
- Hondo Millsite 1-6
- Sullivan Lode
- Tennessee Extension
- Turtle Shell
- Miss Maggie
- Western Extension Great Lead
- Randy Bell
- Stair Step
- North East Bullion
- St. Louis Claims