FOR IMMEDIATE RELEASE TSX-V: HUD May 13, 2015 OTC: HUDRF NR2015-02
HUDSON SUCCESSFULLY CONCLUDES COMMUNITY CONSULTATION MEETINGS IN GREENLAND FOR THE WHITE MOUNTAIN PROJECT
Vancouver, BC – HUDSON RESOURCES INC. (the “Company”) – (TSX Venture Exchange “HUD”; OTCQX “HUDRF”) is pleased to announce that community consultation meetings, which are a key component of the mine permitting process, have been successfully concluded in Greenland.
Information meetings were held in the towns of Kangaamiut, Maniitsoq, Itilleq, Kangerlussuaq, Sarfannguit and Sisimiut, which are located in the Qeqqata Kommunia (Municipality) and within 50km to 130km of the White Mountain project.
Hudson, along with the Minister of Industry, Labour, Trade and Foreign Affairs, Vittus Quiaukitsoq, the Minister of Nature, Environment and Justice, Mala Kuko Hoy, and Mayor Herman Berthelsen of Qeqqata Municipality made presentations in each of the six communities.
James Tuer, Hudson’s President, stated, “We are extremely pleased with the positive response from the communities and the strong support expressed for our project. The local communities and government clearly recognize the positive impacts the project will have. Completing these final public meetings is a major milestone in moving towards the granting of our exploitation license, which we hope to have in the coming months.”
Confirmation of the very positive nature of the meetings is highlighted in the recent government of Greenland press release, including the following translated excerpts: “There has been a large turnout for the many events. Questions and comments covered a wide spectrum – from how the project will affect the environmental conditions – over the effect on fishing and hunting – to what types of jobs that will be available to the ordinary citizen.” “Overall, environmental experts from the DCE and the Greenland Institute of Natural Resources confirmed it is a relatively straightforward project that will only have a limited environmental impact. Overall, there has been an overwhelming citizen support for the project”.
The full press release can be found in Danish and Greenlandic on the Government’s website.
The public consultation comment period ends on May 29th, 2015. Hudson is currently negotiating the Impact Benefit Agreement (IBA), which it hopes to conclude in June.
The White Mountain project is 100% owned by Hudson. The anorthosite has three potential high value applications that are being investigated, as follows:
- A new source of feedstock to the high-end fiberglass (E-glass) industry;
- A new source of filler and coatings material, which are used by the plastics, paints and paper industries
- A new source of high-purity specialty alumina.
ON BEHALF OF THE BOARD OF DIRECTORS
James Tuer, President
For further information:
James Tuer, President
Ph: 604-628-5002 or 604-688-3415 [email protected]
Suite 1460 – 1066 West Hastings Street Vancouver, B.C. V6E 3X1
Tel: (604) 628-5002 Fax: (604) 688-3452
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 plans for the completion of a financing and the intended terms and use of proceeds thereof, 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.
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