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Company description::
News Release
For Immediate Release:
May 17, 2004
Hudson Resources to Be One of the Featured Firms at the New York Diamond Expo 04
VANCOUVER, British Columbia - May 17, 2004 - Hudson Resources, Inc. (TSX VENTURE: HUD), a junior exploration mining company investigating potential diamond sites in Greenland, today announced that it will be one of the featured firms at the New York Diamond Expo 04, to be held on June 2 and 3, 2004.
As one of the sponsors of the Expo, Hudson will operate a booth where investors can meet Company representatives and learn more about Hudson's activities in the Sarfartoq region of West Greenland, where it holds exploration rights to land with geological conditions favorable to diamond deposits. The Company also will provide background on the technical and managerial depth of its management team.
"Hudson's appearance at Diamond Expo 04 is timely for both the Company and for investors," said James Tuer, President and Director. "Over the next several months, we are scheduled to carry out an extensive exploration program on our diamond prospects in Greenland. We are planning a heliborne magnetic survey over areas that have very significant indicator mineral anomalies and yet have never been tested with geophysics. We'll then follow-up any anomalous occurrences in the field with the intention of establishing drill targets. Subject to encouraging results and other factors, we are planning to be drilling later this summer. With what we believe to be a very prospective project, we want to use this opportunity at Expo 04 to make ourselves better known to the investing community, and for investors to get to know us."
Diamond Expo 04, to be held at the New York Marriott Marquis in New York City, is open this year to qualified private investors for the first time. There is no charge to register for this conference and it includes entry for each day of the conference, a copy of the official conference publication, and all the workshops and presentations. Registration information can be found at www.iiconf.com. According to the information on their website, the conference "will present investment and diversification opportunities with the leading explorers and producers of rough diamonds and it is expected to draw the world's top global mining executives, government policy makers, natural resource analysts and financial advisors. Significant emerging prospects in Canada will be featured. Held concurrently with the New York Institutional Gold Conference, the Expo will include presentations on all levels of the pipeline, including topics such as emerging market trends and strategies, demand and pricing issues, verticalization, new discoveries, and updates on the Diavik and Ekati deposits in Northern Canada."
For further information or to be added to Hudson Resources' mailing list, please contact Zack Noory, Senior Account Executive at znoory@irintl.com.
About Hudson Resources
Hudson Resources, Inc., is a Vancouver, B.C.-based company focused on diamond exploration in West Greenland. The company has a direct 100% interest in 558 square kilometers (218 square miles) in the Sarfartoq region, near Kangerlussuaq, Greenland. It has a further 80% interest in an additional 765 square kilometers (300 square miles) via a joint venture with New Millennium Resources NL. This highly prospective area is situated on the same archean craton that hosts the major diamond discoveries in Canada. Hudson trades on the Toronto Venture Exchange under the symbol HUD. For more information, visit Hudson's web site at www.hudsonresources.ca.
This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Safe Harbor Statement -- This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause HUD's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
Hudson Resources, Inc. is a featured company on Gold Stocks click here for more details: http://www.investorideas.com/Research/Industries/Gold.asp
For more information click here: http://www.investorideas.com/Hudson_Resources/NewsReleases.asp
Hudson Resources
James Tuer, 604-688-3415
tuer@hudsonresources.ca
or
Investor Relations Intl
Zack Noory, 818-382-9718
znoory@irintl.com
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