Hudson Confirms Greenland Governments Amendment to Lift Certain Restrictions on Radioactive Elements

Rare Earth Investing

HUDSON RESOURCES INC. (CVE:HUD) confirmed that the Government of Greenland has announced an amendment to the Standard Terms for Exploration Licences that will permit, subject to their approval, the exploitation of minerals that co-exist with radioactive elements above normal background concentrations.

HUDSON RESOURCES INC. (TSXV:HUD) confirmed that the Government of Greenland has announced an amendment to the Standard Terms for Exploration Licences that will permit, subject to their approval, the exploitation of minerals that co-exist with radioactive elements above normal background concentrations.

The press release is quoted as saying:

The Sarfartoq rare earth project is located within 10 km of tidewater and only 60 km from Greenland’s international airport. The Company is currently conducting the second phase of the 2010 drill program. It is expected to be completed within a week and results are expected by the end of October.

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