- Hudson Resources (HUD) is reporting positive results from independent metallurgical testing on its high-grade Nukittooq niobium-tantalum project
- The company owns a 100-per-cent interest in the Nukittooq Project, located in Greenland
- The Nukittooq deposit has some of the highest reported niobium assays in the industry
- Testwork achieved a niobium concentrate assaying 55.3 per cent at a 66.6 per cent global recovery along with 65 per cent of the tantalum
- Hudson Resources is up 7.14 per cent, trading at $0.075 at 11:58 am ET
Hudson Resources (HUD) is reporting positive results from independent metallurgical testing on its high-grade Nukittooq niobium-tantalum project.
The company owns a 100-per-cent interest in the Nukittooq Project, located in Greenland.
The testwork achieved a niobium concentrate assaying 55.3 per cent at a 66.6 per cent global recovery along with 65 per cent of the tantalum.
The composite sample was comprised of thirty-five samples collected from the Nukittooq project in September 2020 which averaged 19.35 per cent niobium.
The Nukittooq deposit has some of the highest reported niobium assays in the industry.
The composite sample consisted of pyrochlore (37.3 per cent), aegirine (33.3 per cent), K-feldspars (21.9 per cent), biotite (5.4 per cent), and trace amounts of other minerals.
Rare earth minerals including synchysite/parisite and bastnaesite were also present in trace amounts.
“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 500-metre strike length of this exciting target,” said Hudson President Jim Cambon.
Hudson owns 100 per cent of the high-grade Nukittooq niobium-tantalum project and the Sarfartoq rare earth element project which are both located on the Sarfartoq exploration license in southwestern Greenland.
Hudson Resources is up 7.14 per cent, trading at $0.075 at 11:58 am ET.