Hudson Resources Drilling at Sarfartoq Confirms High Ratio of Neodymium to Total Rare Earth Oxides

Hudson Resources (TSXV:HUD, OTCQX:HUDRF) announced drill results for 2012 from the Sarfartoq light rare earth element project in Greenland.

As quoted in the press release:

2012 Drill Program Highlights:

• Sixteen drill holes surrounding and infilling the ST1 Zone resource area contained high-grade intersections including:
  • 6 meters of 6.05% TREO (SAR12-03)
  • 6 meters of 4.91% TREO (SAR12-01)
  • 8 meters of 4.61% TREO (SAR12-15)
  • 6 meters of 4.34% TREO (SAR12-15)

Hudson’s President, James Tuer, said:

We are very pleased with the results from our 2012 drill program. We have continued to demonstrate that the mineralization extends to the northeast and have intersected some of our highest-grade material as we move in that direction. Drilling to the south confirmed that the mineralization continues at depth with a high ratio of neodymium to total rare earth oxides at 23%. We expect that these results will increase the overall grade and tonnage of the resource when they have been incorporated into the resource model.

To view the whole press release, click here.