Hudson Resources Completes Loading of First Bulk Shipment and Installation of New Crusher Equipment
21 Août 2019 - 3:00PM
HUDSON RESOURCES INC. (“Hudson” – TSX Venture Exchange “HUD”, OTC:
HUDRF) is pleased to announce that the MV Happy Dragon bulk ship
has been loaded and departed August 20th for Hudson’s port facility
in Charleston, South Carolina. The ship is carrying approximately
14,400 tonnes of GreenSpar 250 anorthosite product and 56 tonnes of
GreenSpar 90 (98% finer than 90 microns) which is a high quality
air separated product from the low iron process plant dust
collection system. The GreenSpar 90 material will be used in
further development of the paints and coatings markets and CO2 free
cement applications. The ship is also transporting two Terex all
terrain cranes (80 tonnes and 55 tonnes) and three manlifts which
will be sold in North America. Sailing time to Charleston is
approximately 10 days.
During the ship loading the process plant was
shut down for general maintenance. During this time the new gear
boxes and ancillary components for the Weir Minerals secondary High
Pressure Grinding Roll (HPGR) crusher were installed. These
components were needed as the original motors and gearboxes
installed were the wrong size. A new feed chute was also installed
above the secondary HPGR at the recommendation of Weir, to provide
adequate head pressure to allow the crusher to operate more
effectively. The costs for the new equipment, including delivery
and installation were covered by the vendor. Load testing of the
new crusher equipment is expected to take place in the next
week.
Jim Cambon, President, commented: “We are
excited to have successfully loaded our first shipment of product.
We utilized the down time in the plant to install the new secondary
crusher components and will begin filling the warehouse once again
in the next few days.”
Hudson, through Hudson Greenland A/S, owns 100%
of the White Mountain Anorthosite mine in Greenland. The calcium
feldspar mine is in operation and permitted for 50 years.
ON BEHALF OF THE BOARD OF DIRECTORS
“Jim K
Cambon”
President and Director
For further information:Ph:
604-628-5002
Forward-Looking StatementsThis
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.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.
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