New York, New York 2/3/2010 5:20:00 AM
News / Business

Hudson Resources Approves Phase 1 of 2010 Drill Program at REE Project on Sarfartoq Carbonatite in Greenland

 

Hudson Resources Inc. (TSX-V: HUD) has approved its first phase of a program to advance the rare earth element (REE) project on the Sarfartoq Carbonatite in Greenland, which is wholly owned by Hudson. The program will start in March and include geophysical surveying, environmental baseline data collection, a minimum 3,000 meter drill program and bench scale metallurgical testwork.

 

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Drilling's first phase is expected to start in April. It will concentrate on expanding rare earth zones at ST1 and ST40, which yielded REE intercepts in the 2009 drill program. The two zones are about 2.5km apart and appear to be linked based on geophysics and mineralization traced along surface. The first phase will include ground geophysics and 3,000 meters of core drilling.

 

Hudson Resources Inc. (Hudson) is a junior mineral exploration company. The Company is engaged in the business of acquiring, exploring and evaluating resource properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed.

 

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