Hudson Receives Excellent Test Results for Paint and Clear Coating Formulations Using Its Greenland Anorthosite
VANCOUVER, British Columbia, Aug. 23, 2018 (GLOBE NEWSWIRE) -- Hudson Resources Inc. ("Hudson" or the "Company") (TSXV: HUD, OTC: HUDRF) is pleased to announce that it has received very favourable test results when using the company’s anorthosite (trade named “GreenSpar”) in paint and clear coating formulations. The testwork was completed by Marschall Labs Inc, of Clearwater, Florida. The results indicate that GreenSpar performs very well in paint and clear coating applications. The paints and coatings market is very large, and projected to grow from US$160.54 billion in 2017 to US$209.36 billion by 2022. (Source:
https://home.kpmg.com/xx/en/home/insights/2018/03/industry-update-2018.html)
Samples of GreenSpar 45 (GreenSpar ground to 98% finer than 45 microns) and GreenSpar 15 (98% finer than 15 microns) were used to produce two paint formulations that were evaluated for their general performance as a pigment extender. A further clear coat (urethane) formulation using GreenSpar 15 was tested for its clarity.
Since GreenSpar is free of crystalline silica, it was tested alongside the industry standard, a silica-free, nepheline syenite product. Below is a summary of the testing:
- In the white paint formula and deep base paint formula, GreenSpar 45 achieved very similar results to the premium nepheline syenite product including exhibiting improved scrub resistance properties.
- GreenSpar 15 achieved higher gloss properties in both paint formulations, with nearly the same scrub resistance properties.
- GreenSpar 15 achieved the same haze and clarity properties with improved high gloss values, in the clear coating formulation.
In summary, initial independent test results show that GreenSpar demonstrates excellent performance in paint and clear coating applications. Full test results are available upon request.
James Tuer, Hudson’s President stated: “These results clearly demonstrate that our White Mountain anorthosite has the potential to generate revenue from multiple product streams. We have been working with a number of paint and coating companies who are currently testing our material with the expectation that they will translate into future off take agreements in this new market area.”
Hudson is in the process of completing the construction of the GreenSpar mine in Greenland with commissioning expected to commence in the next two months. Pictures of the construction progress can be found on the company website at https://hudsonresourcesinc.com/gallery.
ON BEHALF OF THE BOARD OF DIRECTORS
“James Tuer”
James Tuer, President
For further information:
James Tuer, President
Ph: 604-628-5002 or 604-688-3415
Forward-Looking Statements
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