rmr undervalued, page-15

HUDSON RESOURCES INC. ("Hudson" or "the Company") (TSX VENTURE:HUD)(OTCQX:HUDRF)has announced a Preliminary Economic Assessment (PEA) for its Greenland project to be completed by mid-2011.

Ram Resources Limited (?Ram or the Company?) recently advised of results from trenching carried out during the drilling programme undertaken at its Motzfeldt Project in Southern Greenland in September 2010. This is the precursor to a JORC statement later in 2011

 Anomalous mineralisation has been found at surface up to 270 m from the westernmost drill hole
at Motzfeldt Project, with the best result returning 1.69% Total Rare Earth Oxide (?TREO?) +Y2O3,
5040 ppm Nb2O5, 1.23% Zr02 and 385 ppm Ta205 over 5 m in trench channel samples
 Further confirmation that higher grade Rare Earth Elements (?REE?) results trend to the west of the
drilled area and higher Tantalum ?Niobium (?Ta-Nb?) occurs in the east of the drilled area
 Trench SRK_TR1 averaged 1720 ppm Nb2O5 and 88 ppm Ta2O5 over its 30 m length
 Trench SRK_TR1A averaged 4150 ppm TREO+Y2O3 over its 70 m length


HUDSON RESOURCES INC. ("Hudson" or "the Company") (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce that metallurgical testwork has commenced on the ST1 Zone of the Company's Sarfartoq rare earth element (REE) project in western Greenland. The testwork is being conducted by Hazen Research Inc. in Golden, Colorado under the direction of Mr. Les Heymann, P. Eng. Mr. Heymann is a highly experienced consulting metallurgist with extensive experience in REE processing, including building and operating several REE plants in China. Results of the metallurgical test program are expected in the first half of 2011.

James Tuer, Hudson's President, stated, "We are very pleased to be commencing metallurgical testwork on the ST1 Zone. The results of this work will be an important component in our Preliminary Economic Assessment (the "PEA"), which we plan to initiate in the first half of 2011. The PEA, together with infill drilling and baseline environmental and additional engineering studies, will be included in an application for a 30 year mineral exploitation license with the Bureau of Minerals and Petroleum in Greenland, which we plan to file in 2012."

Hudson recently announced a NI 43-101 resource estimate for the Company's ST1 Zone, which defined 14.1M tonnes averaging 1.51% total rare earth oxides (TREO) using a cutoff of 0.8%. The ST1 Zone represents one of the industry's highest ratios of neodymium and praseodymium to TREO, totaling 25%. The ST1 Zone contains over 40 million kilograms of neodymium oxide, which is the key component in permanent magnets and the fastest growth sector of the rare earths industry. Neodymium oxide (FOB China) is currently selling for approximately US$114/kg according to www.metal-pages.com.