Production Of 55.3% Niobium Concentrate From the Nukittooq Project

VANCOUVER - Hudson Resources Inc. reported the results of independent metallurgical testwork conducted on the high-grade Nukittooq niobium-tantalum project in Greenland which is owned 100% by Hudson Resources Inc. The testwork, conducted by SGS Canada Inc. achieved a niobium (Nb) concentrate assaying 55.3% Nb2O5 at a 66.6% global recovery along with 65% of the tantalum (Ta). A Composite sample used in the metallurgical test program assayed 22.3% Nb2O5 and 0.3% Ta2O5. The Composite sample was comprised of thirty-five samples collected from the Nukittooq project in September 2020 which averaged 19.35% Nb2O5 over 112 meters (see NR2020-15).   The Nukittooq deposit has some of the highest reported niobium assays in the industry.

QEMSCAN analysis indicated that the Composite sample consisted of pyrochlore (37.3%) (including traces of tentatively identified columbite), aegirine (33.3%), K-feldspars (21.9%), biotite (5.4%), and trace amounts of other minerals (ca. 2%).   The major gangue elements in the Composite sample were 36.7% SiO2, 11.5% Fe2O3, and 4.27% K2O.   Rare earth minerals (REM) including synchysite/parisite and bastnaesite were also present in trace amounts.

Jim Cambon, President, said, “We are very encouraged by the success of the metallurgical program and the ability to produce a very high-value niobium-tantalum concentrate with recoveries in line with or above current producers. Our goal is to define significant tonnage and rapidly advance the project where we can ship a concentrate out of Greenland for toll processing. We will continue to advance the metallurgical program and plan to commence a drill program in 2022 to outline economic tonnages along the 500m strike length of this exciting target.”