Hudson Nears Completion of Construction of the White Mountain Anorthosite Project IN Greenland
Suite 420 – 1639 2nd Ave W. Tel: (604) 628-5002
Vancouver, B.C. V6J 1H3 WWW.HUDSONRESOURCESINC.COM
FOR IMMEDIATE RELEASE TSX-V: HUD
October 16, 2018 OTC: HUDRF
NR2018-10
HUDSON NEARS COMPLETION OF CONSTRUCTION OF THE
WHITE MOUNTAIN ANORTHOSITE PROJECT IN GREENLAND
Vancouver, B.C., October 16, 2018 – Hudson Resources Inc. ("Hudson" or the "Company")
(TSXV: HUD, OTC: HUDRF) is pleased to provide an update on construction activities at its 100%
owned anorthosite (calcium feldspar) mine in Greenland . Hudson is nearing completion of
construction and is on budget with this year’s activities. Commissioning of the plant will commence
in the next few weeks.
Construction is now 95% complete. Construction highlights since the last update (NR2018-08
dated August 16, 2018) include:
• Process plant building is complete.
• Product storage building is complete.
• All major mechanical equipment including conveyors, hoppers and chutes installed.
• Lillegaarden EL of Denmark has completed the main electrical installations and is expected
to have all electrical components completed by the end of the month.
• The road from the port to the mine has less than 500 meters remaining to be completed.
• Currently 34 personnel on site.
James Tuer, Hudson’s President stated: “We are excited to be winding up the construction of our
mine, bringing us one step closer to shipping product to our customers and generating cash flow.
The execution of the construction phase this year has been a great success and has met all of
our expectations from a safety, cost and scheduling perspective. This a great reflection of the
excellent team we have assembled”.
In September, Hudson was pleased to host a delegation from the Danish Ministry of Energy,
Utilities and Climate, including the Minister, Mr. Lars Lilleholt. The Ministry requested the visit to
learn more about the green products and CO2 reducing qualities offered by Hudson’s GreenSpar
anorthosite. The Ministry’s mandate is to promote a greener and more sustainable society, which
Hudson is proud to be part of.
Pictures and videos of the construction progress and the site visit can be found on the company
website at https://hudsonresourcesinc.com/gallery. A short interview by the Minister on site (via
Twitter) is available at https://twitter.com/MinForsyning/status/1044206117985898496.
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
Suite 420 – 1639 2nd Ave W. Tel: (604) 628-5002
Vancouver, B.C. V6J 1H3 WWW.HUDSONRESOURCESINC.COM
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.
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Exchange) accepts responsibility for the adequacy or accuracy of this release.