Hudson Resources Inc.
TSX VENTURE : HUD

Hudson Resources Inc.

June 09, 2006 09:00 ET

Hudson Hits Best Kimberlite Intersections to Date

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 9, 2006) - HUDSON RESOURCES INC. ("Hudson") (TSX VENTURE:HUD) is pleased to provide the following update on the 2006 drill program on its diamond program in West Greenland. Hudson has now completed the first two drill holes. Both holes hit significant intersections of kimberlite.

HIGHLIGHTS OF THE 2006 DRILL PROGRAM TO DATE

- The first drill hole, 06DS01, intersected 10.7m of kimberlite under a lake 13km north east of Garnet Lake. The hole had to be abandoned while still in kimberlite, due to deteriorating ice conditions. This hole was designed to test a geophysical anomaly coincident with a circular lake. Images will be available on the Hudson website;

- The second drill hole, 06DS02, intersected 4.6m of kimberlite at a location 300m east of where the Garnet Lake dike subcrops. These results are consistent with the modeled projection of a 2m to 4m kimberlite sheet that dips to the east from Garnet Lake;

"The first couple of drill holes from this year's program demonstrates our belief in the high potential for significant diamond discoveries in Greenland," stated James Tuer, President. "We have hit the largest intersection of kimberlite drilled to date in Greenland. We plan to aggressively follow up this occurrence as it could represent a kimberlite pipe, which would clearly be a very attractive discovery. The second drill hole was equally exciting in that it helps establish our model of a thick kimberlite sheet that subcrops at Garnet Lake. The primary focus of this year's program is to confirm the potential of a large tonnage, economic body at Garnet Lake. We expect to be drilling until mid-August, in addition to collecting the mini-bulk sample and further ground prospecting. This is an excellent start to the process."

The first hole, 06DS01, was designed to test a geophysical magnetic low anomaly that is coincident with a circular lake and nearby high quality kimberlite indicator mineral chemistry. The modeled anomaly is a roughly spherical magnetic low centered at the eastern portion of the 620m wide lake. In 1998, a drilling program by Monopros Ltd., a subsidiary of DeBeers, was unsuccessful in their attempt to penetrate the lake bottom.

Hudson successfully drilled into the target and recovered a significant intersection of core from what appears to be bedrock. Of 76.2m of drilling completed, the top 47.5m consisted of ice and water. The next 18m consisted of variable rock types with rounded pebbles likely to be lake-bottom sediments. The bottom 10.7m of core appears to be kimberlite. The recovered core is being split with portions being tested by thin-section analysis to determine its mineral composition, for magnetic remnancy, kimberlite indicator minerals and microdiamond analysis by caustic fusion. The rock is green-grey and competent with a large amount of discrete and veined carbonate present. It is micaceous and rich in weathered olivine, which in places shows strong serpentinisation. The presence of garnet grains are evident.

The first hole was abandoned early due to the precarious nature of the melting ice. Further ground-truthing around the lake will be conducted throughout the summer with an option of lake-edge drilling being carried out should practicalities allow.

The second drill hole, 06DS02, was completed at the Garnet Lake project. Hudson is pleased to report that in addition to numerous smaller intersections of kimberlite, an uninterrupted section of 4.6m of kimberlite was recovered at an approximate depth of 130m. This hole was designed to test the extension of the diamondiferous kimberlite sheet-complex drilled and sampled at numerous locations in 2005, and to ground-truth the results of the seismic reflection survey conducted earlier this year. The hole was collared along the main seismic line, 300m to the east of Garnet Lake (where drill hole 05DS12 intersected 4.2m of highly diamondiferous kimberlite). A total of 233m was drilled from a set-up comprising 10m of ice and water at the surface.

The main kimberlite intersection is competent, fine grained and contains numerous individual garnet grains. This appears very similar to the diamondiferous kimberlite intersected at 05DS12, 300m to the west. Lower portions of this kimberlite intersection show bands of coarse (3 cm) mantle xenoliths demonstrating that the sheet was thick enough for efficient flow sorting to occur.

Initial results at Garnet Lake suggest that, as modeled, the principal Garnet Lake kimberlite sheet previously drilled close to surface does extend to depth towards the east.

Hudson Resources Inc. is a diamond exploration company focused on a 100% owned 2,400 sq km licence area near Sarfartoq, West Greenland. In 2004, the Company located the first highly diamondiferous kimberlite occurrence in Greenland with the recovery of 151 diamonds from a 108 kg sample. In 2005, Hudson found additional sources of significantly diamondiferous kimberlite in drill core at Garnet Lake. Dr. Mark Hutchison, Trigon GeoServices Ltd., is in charge of the ongoing exploration program in Greenland. Dr. John Ferguson reviewed this press release and is a qualified person under National Instrument 43-101. Hudson currently trades on the TSX Venture Exchange under the symbol "HUD" and has 20.8 million shares outstanding.

To find out more about the Company, investors are encouraged to meet management at the World Gold, PGM & Diamond Investment Conference on Sunday, June 11 and Monday, June 12 (Booth No. 201). For more information on attending this free conference, located at the Vancouver Convention Centre, please go to www.cambridgehouse.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

James Tuer, President

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.

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