Hudson River Suspends Drilling on Glenrock Gold Property
June 13 2011 - 11:13AM
PR Newswire (Canada)
TORONTO, June 13, 2011 /CNW/ -- TSX-V: HRM TORONTO, June 13, 2011
/CNW/ - Hudson River Minerals Ltd. ("Hudson River") (TSX-V:HRM) has
suspended its Glenrock drill program at the request of the
Batchewana First Nation (the "BFN"), which is claiming traditional
aboriginal rights within the area. Hudson River had been in
consultations with BFN since February 2011 regarding access to its
mineral claims on the Glenrock property in order to conduct the
proposed drill program that was announced on May 31, 2011.
The BFN is requiring Hudson River to obtain a "BFN Exploration
Drill Permit" (the "BFN Drill Permit") in order for Hudson River to
access the Glenrock property to carry out its exploration program.
Hudson River has consulted with the Ministry of Northern
Development, Mines and Forestry ("MNDMF") on whether such a drill
permit is necessary. The MNDMF has advised Hudson River that
consultation with First Nations groups is required prior to
commencement of a drill program. The MNDMF has also advised
Hudson River that it has the legal right to explore on the Glenrock
property through its valid mineral claims and that a BFN Drill
Permit is not required. Hudson River continued its consultations
with the BFN until May 26, 2011, when it became clear that the BFN
would deny Hudson River access to its mining claims unless Hudson
River acquiesced to the BFN's claim that the BFN had the right to
deny access to the Glenrock property unless a BFN Drill Permit was
issued. The BFN has contacted the MNDMF and announced it will
block Hudson River's drill program if Hudson River proceeds without
a BFN Drill Permit. The BFN also advised the MNDMF of a
possible burial site in the area of the Hudson River drill program.
MNDMF officials visited with the BFN to discuss the matter on June
1, 2011, but were unable to convince the BFN to allow Hudson River
access to its mining claims and further, that a BFN Drill Permit
was not required for Hudson River to conduct its exploration
program. The MNDMF also visited the drill site with Hudson
River personnel and commented that there are no burial grounds in
the area of the proposed drill program and that the drill site was
acceptable for Hudson River's drilling activities. Because the BFN
is denying Hudson River its right to access its mineral claims on
the Glenrock property, Hudson River has decided to cancel its
proposed drill program at the Glenrock site. Hudson River
will focus on its other exploration projects until such time as
Hudson River is satisfied that it can continue exploring at
Glenrock without interruption. About Hudson River Minerals Ltd.
Hudson River is focused on the discovery of precious metals and
base metals in Ontario. The management team has experience
exploring in areas with little geologic outcrop and that rely
heavily on geophysical technologies for discovery. For more details
on Hudson River's properties see the National Instrument 43-101
compliant technical report, which is available at www.sedar.com or
visit www.hudsonriverminerals.com. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 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.
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table valign="top" border="0" tr valign="top" td colspan="2"
align="left" bHudson River Minerals Ltd. /b /td /tr tr
valign="top" td Stephen J. Balch, President and CEO br/ Tel:
(905) 407-9586 br/ Email: a
href="mailto:sbalch@hudsonriverminerals.com"sbalch@hudsonrivermin/aa
href="mailto:sbalch@hudsonriverminerals.com"e/aa
href="mailto:sbalch@hudsonriverminerals.com"r/aa
href="mailto:sbalch@hudsonriverminerals.com"als.com/a /td /tr
/table p /p
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