Hudson River Minerals Ltd. (“Hudson River”) (TSX-V:HRM) is pleased to announce the start of a drill program on its 100% owned Glenrock property to explore for gold. The drill program will consist of a maximum of 12 drillholes, 150 m in length for a total of 2,000 m in drilling.
The first 9 holes will target the main Glenrock gold trend along a strike length of 450 m. Holes will be spaced 50 m apart. The exploration depth is estimated to be 50-75 m below surface. This trend has been previously tested by drilling, trenching and sampling back to the 1950s. In the early 1990s, Noranda Inc. completed two exploration trenches across the trend 50 m apart with grades returning 3.96 g/t Au over 8.0 m and 4.96 g/t Au over 6.0 m. Most of the historic drilling was within the top 30 m.
Three additional holes will test for the continuation to a second gold trend located north of the main zone where a previous drillhole (AR-97-08) intersected 1.34 g/t Au over 13.7 m. This north trend was intersected in two other drillholes as well, both holes returning anomalous gold. The drill program at Glenrock is estimated to take four to six weeks to complete.
This document may contain forward-looking statements relating to Hudson River’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Hudson River’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Hudson River disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.