Source
Marketwire
Date 07/29/2014
Time 06:01:04 AM
Company
HUDSON RESOURCES INC.
Title Hudson's White Mountain Calcium Feldspar Used Successfully in Owens
Corning Furnace Test
CDNX Symbol: HUD
Press Release
NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: Hudson Resources Inc.
TSX VENTURE SYMBOL: HUD
OTCQX SYMBOL: HUDRF
July 29, 2014
Hudson's White Mountain Calcium Feldspar Used Successfully in Owens
Corning
Furnace Test
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2014) - 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 marketleading
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:
/T/
1. A new
industry
2. A new
plastics,
3. A new
source of feedstock to the high end fiberglass (E-glass)
source of filler and coating material used extensively by the
paints and paper industries
source of alumina to supply aluminum smelters
/T/
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.
- 30 CONTACT INFO:
Hudson Resources Inc.
James Tuer
President
604-628-5002 or 604-688-3415
tuer@hudsonresources.ca
INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: BFC - BUSINESS CONTRACTS
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