FOR IMMEDIATE RELEASE TSX-V: HUD
November 26, 2018 OTC: HUDRF
NR2018-11
HUDSON RESOURCES ANNOUNCES START OF COMMISSIONING OF THE WHITE MOUNTAIN ANORTHOSITE PROJECT IN GREENLAND
Vancouver, British Columbia, November 26, 2018 – Hudson Resources Inc. (“Hudson” or the “Company“) (TSXV: HUD, OTC: HUDRF) is pleased to announce that construction at its 100% owned anorthosite (calcium feldspar) mine in Greenland is now complete and commissioning is underway.
Commissioning highlights to date include:
- Mine haul road complete and blasted anorthosite now being trucked down to the plant
- Primary and secondary mobile crushers producing feed material for the process plant
- Process power plant facility fully commissioned and operational
- Dry run of all equipment in the process plant complete
- Crushed rock now being fed in to the plant and testing of all equipment under load and balancing of plant systems is underway
James Tuer, Hudson’s President stated: “We are very excited to have reached this key milestone of delivering our anorthosite from the mine to the plant and watching it being processed into product for our customers. We expect commissioning will take approximately 4-6 weeks. We are in negotiations with shippers to move the first load of finished product to the US eastcoast in January.”
Pictures of the commissioning progress can be found on the company website at https://hudsonresourcesinc.com/gallery.
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
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.