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HUD Hudson Resources Inc

0.03
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hudson Resources Inc TSXV:HUD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.03 0.025 0.035 0 01:00:00

Hudson's White Mountain Calcium Feldspar Used Successfully in Owens Corning Furnace Test

29/07/2014 2:00pm

Marketwired Canada


HUDSON RESOURCES INC. (the "Company") - (TSX VENTURE:HUD) (OTCQXHUDRF) is
pleased to announce the completion of a successful trial test with Owens Corning
of the White Mountain calcium feldspar anorthosite in a production E-Glass
fiberglass furnace. Hudson and Owens Corning are working together to evaluate
the application of the White Mountain anorthosite as a significant input
material for the production of E-Glass fiberglass. 


"The successful application of the White Mountain anorthosite in a commercial
glass fiber furnace is a significant milestone for our Company," stated James
Tuer, President of Hudson. "We are excited to be working with Owens Corning, who
are not only the inventors of fiberglass but also the industry leaders in
fiberglass manufacturing and innovation. We look forward to continuing to work
with Owens Corning to put the material to use commercially."


Owens Corning (NYSE: OC) is a leading global producer of residential and
commercial building materials, glass-fiber reinforcements and engineered
materials for composite systems. A Fortune(R) 500 company for 60 consecutive
years and in business for more than 75 years, Owens Corning is a market-leading
innovator of glass-fiber technology with sales of $5.3 billion in 2013 and about
15,000 employees in 27 countries.


The White Mountain Anorthosite project is 100% owned by Hudson. The anorthosite
has three potential high-value applications which are being investigated, as
follows:




1.  A new source of feedstock to the high end fiberglass (E-glass) industry 
2.  A new source of filler and coating material used extensively by the
    plastics, paints and paper industries
3.  A new source of alumina to supply aluminum smelters



The Company has initiated the White Mountain mine licensing process in Greenland
with the submission of the engineering study, the Environmental Impact
Assessment and the Social Impact Assessment to the Government of Greenland's
Mineral Licence and Safety Authority.


ON BEHALF OF THE BOARD OF DIRECTORS

James Tuer, President 

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 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.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hudson Resources Inc.
James Tuer
President
604-628-5002 or 604-688-3415
tuer@hudsonresources.ca

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