HONDO MINERALS RETAINS ICR, LLC TO PROVIDE INVESTOR RELATIONS SERVICES

CHLORIDE, AZ, June 15, 2011 /PRNewswire/ - Hondo Minerals Corporation (OTCBB: HMNC.OB) announced today that it retained ICR, LLC, as its investor relations firm.

Founded in 1998, ICR is a leading financial communications consulting firm that provides counsel from senior professionals with specific industry expertise. ICR sets a new standard for financial communications with a business model driven by deep capital markets expertise provided by a team of former Wall Street and corporate professionals, including senior sell-side analysts, portfolio managers and investment bankers. The firm represents approximately 300 corporate clients, including recognized mining companies such as Molycorp Minerals and Talison Lithium.

Gary Dvorchak, CFA, Senior Vice President at ICR, commented, "We are very excited to work with Hondo as the company embarks on a period of rapid growth. Hondo will benefit from increasing its exposure to major financial institutions, including sell-side analysts and portfolio managers focused on smaller miners making the transition to commercial production. We believe this company creates a compelling investment proposition for the resources investor looking for a high quality, undiscovered mining company. We are excited to be a partner in Hondo's success."

William R. Miertschin, Chairman and CEO of Hondo Minerals said, "We are pleased to be partnering with ICR in our investor relations efforts. We believe ICR's relationships with, and insights into, the capital markets will be beneficial to us as we enhance our outreach to the investment community.  As our business continues to grow, we look forward to working closely with ICR to ensure that we are effectively communicating Hondo's strategy, milestones, and successes to the proper investment community audience in order to maximize shareholder value."

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 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.

About ICR
ICR is a leading financial communications firm specializing in investor relations and corporate communications. Established in 1998, ICR represents more than 275 companies and has significant industry expertise and relationships in the resources sector. ICR maintains offices in Norwalk, CT, New York, Los Angeles, San Francisco, Boston and Beijing and is one of the industry's fastest growing consultancies. www.icrinc.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains 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 above 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 investing public.

SOURCE Hondo Minerals Corporation