Hudson River Minerals Ltd fka HRM

[~ Blue ~]

another news: Hudson River Intersects 3.25 g/t Au over 12.7 m at Forge Lake
Thursday, Jan 26, 2012

TORONTO, Jan. 25, 2012 /CNW/ - Hudson River Minerals Ltd. ("Hudson River") (TSX-V:HRM) is pleased to announce it has received the assay results from the recent drill program on its Forge Lake gold property located 32 km northeast of Wawa, Ontario and 14 km south of the Richmont Mines Island Gold Mine and Mill.

Of the seventeen (17) diamond drillholes completed, sixteen (16) holes
intersected anomalous gold.


Drilling was concentrated in two areas of the property. Eleven (11) holes were drilled through the East Zone to test for higher-grade mineralization and thicker intersections within the presence of a major deformation zone. Holes HR-FL-04, HR-FL-15 and HR-FL-16 tested this zone. Six (6) holes were drilled through the Main Zone to test for the presence of gold in two thick deformation zones. HR-FL-09, HR-FL-10 and HR-FL-12 are representative of the Main Zone.

Within the Main Zone the best gold assays come from within the major quartz vein located near the base of the deformation zone. Lower grade sections (e.g. up to 0.89 g/t Au) are common and occur throughout the deformation zone but are not always continuous. For example, hole HR-FL-12 grades 4.56 g/t Au over 3.3 m within the major quartz vein and grades 1.99 g/t Au over 9.1 m within a thicker interval of the deformation zone that includes the major quartz vein.

Within the East Zone the gold assays are more continuous throughout the quartz vein system within the deformation zone (e.g. 3.25 g/t Au over 12.7 m in hole HR-FL-16) but the thickness of these quartz veins can vary rapidly over a short distance (e.g. from 3 to 12 m over 20 m).

The assay results for all holes are summarized in Table One. A previous press release (dated December 14th 2011) listed the collar coordinates, dip and azimuth and length of all holes. All assays were by fire assay with Atomic Absorption (AA) finish and were completed by ALS Canada. The lab also completed a thorough quality control program including analyzing duplicates, blanks and standards. All checks were within acceptable limits. The intersected widths are not true widths, which would be approximately 75 to 85% of the intersected widths based on the estimated dip of the mineralization of -30o to -45o below the horizontal.

The Forge Lake property contains a historic resource of 170,000 tons that had been defined by Regnery Metals in 1940 and later reported by AMC in 1979. No grade was reported for this resource although 8,000 tons were mined in the early 1940s with a reported grade of 9.5 g/t Au. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, therefore, Hudson River is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

Hudson River has completed a high resolution airborne magnetic survey over the Forge Lake, Otter Pond and Hawk Junction properties and is currently designing a spring exploration program at Forge Lake that will test for a continuation of the intersection in HR-FL-16 further to the west (where it was intersected by HR-FL-15) and east and down-dip of HR-FL-12 where the zone is open in both directions. The drilling on this program was confined to the upper 80-110 m of surface and several historic intersections at greater depth remain to be tested. The airborne survey will help in establishing geologic contacts and structures across the three projects in advance of further ground work, including additional sampling of known surface showings and possible ground geophysical surveys, scheduled for 2012.

Hudson River has also identified a series of surface showings located 400-500 m south of the Forge Lake Main and East Zones that produced assay values near 1 oz/t Au within quartz veins and that will be the subject of further investigation in 2012.

SOURCE Hudson River Minerals Ltd.

http://www.yourindustrynews.com/hudson+river+intersects+3.25+g+t+au+over+12.7+m+at+forge+lake_73501.html