Maiden Resources will be assisting Hondo in evaluating the old Tennessee mine to explore its underground ore reserves for mining ventures.

Hondo Minerals CEO Bill Miertschin said that the company is currently evaluating their operations and resources for efficiency from both processing and financial perspectives.

"We are focused on increasing the professionalism and technical skills of our staff

"Hondo Minerals strives to increase shareholder value by maximizing our resources," added Miertschin.