Hudson Resources Inc

Published : July 26th, 2016

HUDSON COMMENCES CONSTRUCTION AT THE WHITE MOUNTAIN ANORTHOSITE PROJECT IN GREENLAND

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Keywords :   Calcium | Greenland | K Street | Storage |

HUDSON COMMENCES CONSTRUCTION AT THE WHITE MOUNTAIN ANORTHOSITE PROJECT IN GREENLAND

FOR IMMEDIATE RELEASE TSX-V: HUD

July 26, 2016 OTC: HUDRF

NR2016-03

HUDSON COMMENCES CONSTRUCTION AT THE WHITE MOUNTAIN ANORTHOSITE PROJECT IN GREENLAND

Vancouver, BC - HUDSON RESOURCES INC. (the "Company") - (TSX Venture Exchange "HUD"; OTCQX "HUDRF") is pleased to announce the commencement of field activities at its wholly-owned White Mountain anorthosite (calcium feldspar) project in Western Greenland.

The Company recently commenced construction activities at the White Mountain project. Construction is focused on civil works in preparation of equipment delivery and process plant construction in the spring of 2017. Activities this year include drilling and blasting for the foundations for the process plant, fuel storage farm, maintenance shop and the 35,000 tonne product warehouse at the port. Hudson has also entered in to an agreement to purchase a barge which will be used as a floating wharf. The use of the barge, which is 28m wide by 92m long, will enable the port to be constructed in a timely manner, and will also reduce transportation costs for project equipment shipped to site.

James Tuer, Hudson's President stated: "We are on track to meet our goal of delivering product in the second half of next year to one of the world's leading fiberglass producer as part of our 10 year purchase agreement (NR2015-3). We expect this years activities to be completed by October."

ON BEHALF OF THE BOARD OF DIRECTORS

"James Tuer"

James Tuer, President

For further information:

James Tuer, President

Ph: 604-628-5002 or 604-688-3415

[email protected]

Forward-Looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this news release, including, without limitation, statements regarding the use of proceeds from the private placement, and other future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include market prices, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Suite 1460 - 1066 West Hastings Street Tel: (604) 628-5002

Vancouver, B.C. V6E 3X1 Fax: (604) 688-3452

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Greenland | All
Gold and Silver Prices for these countries : Greenland | All

Hudson Resources Inc

EXPLORATION STAGE
CODE : HUD.V
ISIN : CA44415F1036
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Hudson Res. is a silver and gold exploration company based in Canada.

Hudson Res. holds various exploration projects in Greenland.

Its main exploration properties are GARNET LAKE in Canada and SARFARTOQ in Greenland.

Hudson Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 4.0 millions as of today (US$ 3.2 millions, € 2.8 millions).

Its stock quote reached its highest recent level on February 02, 2007 at CA$ 2.41, and its lowest recent point on June 16, 2023 at CA$ 0.03.

Hudson Res. has 134 600 000 shares outstanding.

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Financings of Hudson Resources Inc
4/5/2011Closes Equity Financing and Overallotment Option Exercised f...
4/1/2011. Announces Signing of Underwriting Agreement and Pricing of...
4/12/2010CLOSES $5,000,000 PRIVATE PLACEMENT
3/12/2010ANNOUNCES PRIVATE PLACEMENT
12/16/2009Confirms $1.6M Raised by Exercise of Warrants
6/16/2009 Private Placement
Nominations of Hudson Resources Inc
11/6/2012Announces Appointment of Herb Wilson to Board
5/3/2010ANNOUNCES BOARD CHANGES AND APPOINTMENT OF CFO
Project news of Hudson Resources Inc
2/19/2014s Alumina Development Program at its White Mountain Anorthos...
11/27/2013Completes Community Meetings for the White Mountain Project ...
9/19/2013Produces High Quality Alumina From Its White Mountain Anorth...
1/23/2013Reports 94% Aluminum Extraction from Initial Leaching Testwo...
9/24/2012s Rare Earth Project and Introduces New Anorthosite Project ...
12/7/2011(Sarfartoq)Reports Robust Preliminary Economic Assessment (PEA) for the...
7/12/2011(Sarfartoq)Awards Sarfartoq REE Project Environmental Impact Study
6/9/2011(Sarfartoq)Awards Sarfartoq Rare Earth Project Preliminary Economic Ass...
4/14/2011(Sarfartoq)Presents Sarfartoq REE Project to European Parliament
2/21/2011(Sarfartoq)Clarifies Continuous Disclosure Statements
8/12/2010(Sarfartoq) Drills 310M of 1.0% treo including 94M of 1,8% treo at Sarf...
5/27/2010(Sarfartoq)Provides Update on Drilling Program at Sarfartoq Rare Earth ...
11/5/2009(Sarfartoq)Drill Results Confirm High Grade Rare Earth Zones on the Gre...
9/17/2009Reports Additional High Grade Rare Earth Assays from Greenla...
9/9/2009(Sarfartoq)Commences Drilling Greenland Rare Earth Project
8/11/2009Exploration Program Delineates Three High Grade Rare Earth D...
7/23/2009(Sarfartoq)Completes first phase of Rare Earth exploration program
2/20/2009(Garnet Lake)2008 Garnet Lake Bulk Sample Results and Additional High Gra...
12/5/2008(Sarfartoq)IDENTIFIES HIGH GRADE NIOBIUM, URANIUM & TANTALUM
9/10/2008(Garnet Lake)GREENLAND DIAMOND PROJECT SEPTEMBER UPDATE
Corporate news of Hudson Resources Inc
7/26/2016HUDSON COMMENCES CONSTRUCTION AT THE WHITE MOUNTAIN ANORTHOS...
4/19/2016HUDSON SIGNS MANDATE LETTER WITH THE EUROPEAN INVESTMENT BAN...
12/16/2015HUDSON CLARIFIES AND CORRECTS DISCLOSURE
12/15/2015Hudson Clarifies and Corrects Disclosure
10/2/2015HUDSON SIGNS EXPLOITATION LICENSE AND IMPACT BENEFIT AGREEME...
9/17/2015HUDSON CLOSES SECOND TRANCHE OF EQUITY FINANCING FOR TOTAL P...
9/11/2015HUDSON AWARDED 30 YEAR MINING LICENSE FOR THE WHITE MOUNTAIN...
9/9/2015HUDSON ANNOUNCES GRANTS OF OPTIONS
9/3/2015HUDSON CLOSES EQUITY FINANCING FOR TOTAL PROCEEDS OF $4,023,...
8/20/2015HUDSON SECURES SHORT TERM BRIDGE LOAN
8/19/2015Hudson Secures Short Term Bridge Loan
8/8/2015HUDSON ANNOUNCES PRIVATE PLACEMENT
7/30/2015HUDSON SIGNS 10-YEAR GLOBAL SUPPLY AGREEMENT FOR THE WHITE M...
7/30/2015IIROC Trading Resumption - HUD
7/30/2015IIROC Trading Halt - HUD
3/30/2015HUDSON REPORTS ROBUST PRELIMINARY ECONOMIC ASSESSMENT (PEA) ...
3/30/2015Reports Robust Preliminary Economic Assessment (PEA) for Spe...
12/11/2014HUDSON PRODUCES SPECIALTY GRADE CALCINED ALUMINA USING WHITE...
7/29/2014Hudson's White Mountain Calcium Feldspar Used Successfully i...
5/2/2014Hudson Initiates Mining Application for Its White Mountain A...
4/24/2014Hudson Announces Grants of Options
8/7/2013Continues to Advance Its White Mountain Anorthosite Project ...
4/4/2013Commences Prefeasibility Study for the White Mountain Anorth...
2/12/2013Aheadoftherd Must Read - Anorthosite Has Huge Three Market P...
1/30/2013Reports Indicated Resource of 27.4 Million Tonnes for the Wh...
1/21/2013(Sarfartoq)Reports High Grade Rare Earth Assays from 2012 Drill Program...
10/12/2012Announces Grants of Options and Corporate Update
9/9/2011Drills Highest Grade Intervals to Date at its Greenland Rare...
6/6/2011Retains Brisco Capital to Provide Investor Relation Services
5/10/2011Commences 10,000M Rare Earth Drill Program in Greenland
3/10/2011ANNOUNCES PROPOSED EQUITY FINANCING
2/2/2010APPROVES 2010 FIELD PROGRAM FOR ITS RARE EARTH PROJECT IN GR...
1/26/2010ADDS JOHN MCCONNELL AS DIRECTOR
11/26/2009Hong Kong Rare Earth Conference Summary
11/5/2008CONVERTS TECK DEBT TO EQUITY
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