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Hondo Minerals (HMNC)

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Last Post: 6/25/2014 7:23:57 PM - Followers: 28 - Board type: Free - Posts Today: 0

Hondo Minerals

 
Gold$: 1,516.70 TSX: 783.09 NYSE: 8,584.68 NASDAQ: 2,841.62

Welcome to Hondo Minerals Corporation

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




  WEBSITE: http://hondominerals.com/ 

 

HMNC Security Details

Share Structure
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
Shareholders of Record 41 a/o Oct 27, 2010
Latest news releases:

http://www.otcmarkets.com/stock/HMNC/news



 

From their last 10Q:
 
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.  


 
History

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.

 


 

Tennessee 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!

Tailings Samples

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:
  • Schuykill
  • Tennessee
  • Molly Gipson
  • Buillion Beck
  • Little Wonder
  • Montana
  • Arizona
  • 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
  • Elkhart
  • Turtle Shell
  • Daisy
  • Miss  Maggie
  • Lady
  • Western Extension Great Lead
  • Romeo
  • Randy Bell
  • Sir
  • Stair Step
  • Raven
  • Calamity
  • Temperance
  • North East Bullion
  •   St. Louis Claims
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
HMNC
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Bid Ask Day's Range
Wiki
HMNC News: Current Report Filing (8-k) 06/23/2014 05:27:59 PM
PostSubject
#1174   Gee, what a surprise. Data from one gitreal 06/25/14 07:23:56 PM
#1173   Miertschin steps down (sick), Larson(y) steps in, and gitreal 05/30/14 01:26:20 PM
#1172   You are about to get your wish. gitreal 04/28/14 04:15:16 PM
#1171   I wonder why this crap isn't in subpenny Antam 03/17/14 02:10:53 AM
#1170   Did anyone really believe this company was worth gitreal 02/05/14 05:14:31 PM
#1169   looks like no buyouts here Cobra Kai 02/03/14 04:39:38 PM
#1168   http://www.hondominerals.com/update-on-hondo-minerals-and-binding-letter-of-inte RSALAZAR 12/19/13 01:04:56 AM
#1167   Today's nonsense PR by Hondo is a last-ditch gitreal 12/16/13 01:49:15 PM
#1166   $800K a year for being a man with gitreal 12/01/13 10:07:24 PM
#1165   Ouch......$800k for what? To pull a bunch of rbtree 12/01/13 10:01:06 PM
#1164   Running a bit late with the 2013 10-K. gitreal 12/01/13 09:52:15 PM
#1163   I see they haven't filed their 2013 10-K yet.... rbtree 12/01/13 09:12:02 PM
#1162   Hey, a post on this board - how gitreal 11/16/13 03:43:55 PM
#1161   Yeah wow the iBox says it all here.. sirius22 11/16/13 02:02:53 PM
#1160   MMs ready to pump it again. password1 09/25/13 08:54:21 AM
#1159   In case nobody noticed, another 1.25 million shares gitreal 09/23/13 02:28:22 PM
#1158   A Memorandum of Understanding is now an agreement gitreal 09/10/13 03:28:39 PM
#1157   No link, sorry. But ADEQ is a gitreal 07/26/13 01:10:45 PM
#1156   OUCH!!! That should be enough to cancel the purchase Oscar2000 07/26/13 12:12:02 PM
#1155   News! Not good...... gitreal 07/24/13 07:20:53 PM
#1154   Last Price Today’s Change Bid (Size) Ask (Size) Oscar2000 07/19/13 01:29:54 PM
#1153   HOW IS THIS GETTING BOUGHT OUT FOR $88 gitreal 07/19/13 01:17:09 PM
#1152   Last Price Today’s Change Bid (Size) Ask (Size) Oscar2000 07/19/13 11:44:18 AM
#1150   SUB PENNY BY YEAR END. Maybe sooner gitreal 06/28/13 12:57:10 PM
#1149   Last Price Today’s Change Bid (Size) Ask (Size) Oscar2000 06/28/13 12:51:33 PM
#1148   All good points, but the basic truth here gitreal 06/21/13 12:29:47 PM
#1147   gitreal, they are out of money. take Oscar2000 06/21/13 11:29:44 AM
#1146   10Q is out, these guys are just about gitreal 06/20/13 02:09:54 AM
#1145   I'm thinking the PPS increase of late indicates Highlandmike 05/28/13 11:26:38 AM
#1144   Well, while purely speculative, perhaps Crown sees a Highlandmike 05/28/13 08:33:56 AM
#1143   Any particular reason you think so? I gitreal 05/27/13 09:56:55 PM
#1142   Buyout possibility gaining legs? Thinking so. HMNC Highlandmike 05/27/13 05:14:05 PM
#1141   Think I'll use up my 15 posts here...perhaps Highlandmike 05/22/13 04:21:10 PM
#1140   Alright, insiders, quit hoarding shares! HMNC Highlandmike 05/22/13 04:20:29 PM
#1139   Wowser! Look at the form 4 stock Highlandmike 05/19/13 10:43:52 AM
#1138   In fact all I have seen is buy orders. Twe2012 05/14/13 12:54:16 PM
#1137   Management has not reported selling any shares. The Value Investors 05/14/13 10:01:59 AM
#1136   That is a pretty easy %100 from today's chasem 05/13/13 08:41:18 PM
#1135   About .65 a share after the debt and Twe2012 05/13/13 08:30:21 PM
#1134   I am happy for you bro,Wish I had SOUTHGAS 05/13/13 03:46:53 PM
#1133   Yep. My portfolio is on fire today. Highlandmike 05/13/13 03:43:05 PM
#1132   With the 88 million buyout offer, how much chasem 05/13/13 03:39:05 PM
#1131   Hondo lookin good today SOUTHGAS 05/13/13 01:51:17 PM
#1130   No need to say ur sorry,I am not SOUTHGAS 05/13/13 08:41:54 AM
#1129   Yeah, I saw that. Means nothing and gitreal 05/13/13 01:03:23 AM
#1128   I found this Company Overview SOUTHGAS 05/12/13 11:19:57 PM
#1127   No problem, I was confused by it too. gitreal 05/12/13 09:15:24 PM
#1126   Your right my mistake there. SOUTHGAS 05/12/13 09:08:01 PM
#1125   Wrong. Try again. Try CrownCorp Investments Corporation gitreal 05/12/13 07:47:01 PM
#1124   What's the third chat board? Thanks in gitreal 05/12/13 07:38:25 PM
PostSubject