Hudson's White Mountain Calcium Feldspar Used Successfully in Owens Corning
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
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
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
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
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.
604-628-5002 or 604-688-3415
INDUSTRY: Manufacturing and Production - Mining and Metals
-0- Jul/29/2014 13:00 GMT
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