Hondo Minerals Confirms Onsite Lab Results with Independent Third Party Verification
CHLORIDE, AZ, April 9, 2012 /PRNewswire/ – Hondo Minerals Corporation (OTCBB:
HMNC.OB) announced today that it has received independent third party
verification that confirms the onsite lab results previously reported
by Hondo Minerals.
G.B Western, Inc., a California based independent mining consultant,
verified samples, assays and processes through Acme Analytical
Laborites, a Canadian certified assayer. Results returned to the
Company by those third parties have confirmed the previously reported
results of our onsite lab. These results average within our initial
range of approximately 1 oz gold per ton.
These samples and their corresponding assays vary by sample location in
the 1 million ton tailings pile. The results are a reflection of more
than 20 assays prepared by G.B. Western, Inc. These reports have also
been used to assure that our onsite lab has been calibrated to
a tolerance that is within +/- 3.65% of the results given by the
Canadian certified lab.
The Company’s equipment was calibrated by a trained professional in ICP
Mass Spectrometry from its manufacturer, Thermo Scientific.
Bill Miertschin, Chairman and CEO of Hondo commented, “I am very pleased
with these results confirming and validating our earlier onsite
reports.” Bill continues to say, “We take pride in our lab facility
and the accuracy of our findings, it makes me very satisfied to know
that our results match that of an independent third party. As such we
feel even more confident in our innovative leeching and extraction
About Hondo Minerals
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 at one time the largest producing silver mine in
Arizona history. The Tennessee Mine operated from the late 1800s 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.
Cautionary Note Regarding Forward-Looking Statements
The company’s presentation will contain forward-looking statements that
involve risks and uncertainties, including the Company’s beliefs about
its business prospects and future results of operations. Some factors
that could cause actual results to differ materially include economic
and operational risks, changes in anticipated earnings, continuation of
current contracts, and other factors detailed in the Company’s filings
with the Securities and Exchange Commission, including its most recent
Forms 10-KSB and 10-QSB. The Company forecasts provided are dynamic
and therefore refer only to this release date. The Company does not
undertake to update any forecasts that it may make available to the
SOURCE Hondo Minerals Corporation