HRM

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES
OF AMERICA


Zara Resources Inc. (CNSX:ZRI) ("Zara") and Hudson River Minerals Ltd. (TSX
VENTURE:HRM) ("Hudson") are pleased to announce that the acquisition by Zara of
Hudson's mining claims in the Forge Lake Property has been completed. In
accordance with the terms of a mining claims assignment agreement, Hudson
assigned all of its rights, title and interest of the mining claims in the Forge
Lake Property to Zara in exchange for 5,715,780 common shares of Zara at a
deemed issue price of $0.10 per Zara common share. Zara also issued 114,316
common shares to the owner of the Forge Lake Property, 3011650 Nova Scotia
Limited, as consideration to permit the assignment. 


Hudson is restricted from transferring or otherwise disposing of the common
shares of Zara received as consideration for the assignment of its rights in the
Forge Lake Property for a period of 18 months following the closing date. Hudson
is, however, permitted to distribute the Zara common shares to its shareholders
on a pro rata basis, at which time the contractual restriction on transfer would
be removed. Additionally, Hudson has entered into a voting trust agreement
whereby Hudson has granted the voting rights attached to its Zara common Shares
to Danny Wettreich, CEO of Zara, for a period of 18 months following the
closing. In the event the Zara common shares are distributed to Hudson's
shareholders prior to the expiration of the 18 month period, the voting trust
agreement will terminate at the time of such distribution. 


The Forge Lake Property is located about 32 kilometers to the northeast of Wawa,
Ontario in the Cowie Township of Ontario, and consists of eight contiguous
claims totaling approximately 7.17 square kilometers with a potential to host
gold mineralization. 


About Hudson River Minerals Ltd. 

Hudson is focused on the discovery of precious metals and base metals in
Ontario. The management team identifies underexplored areas that have historical
intersections of economic minerals and has experience exploring in areas with
little geologic outcrop and that rely heavily on geophysical technologies for
discovery.


About Zara Resources Inc.

Zara is a Toronto based mineral company developing its Pigeon River and
Riverbank nickel-copper projects, in Ontario, Canada, as well as the acquisition
and development of other Canadian natural resource properties.


Forward-Looking Information: This press release may include forward-looking
information within the meaning of Canadian securities legislation, concerning
the business and trading in the common stock of Zara Resources Inc. or Hudson
River Minerals Ltd. The forward-looking information is based on certain key
expectations and assumptions made by Zara's or Hudson's management. Although
Zara and Hudson believe that the expectations and assumptions on which such
forward-looking information is based are reasonable, undue reliance should not
be placed on the forward-looking information because the company can give no
assurance that they will prove to be correct. These forward-looking statements
are made as of the date of this press release and Zara and Hudson disclaims any
intent or obligation to update publicly any forward-looking information, whether
as a result of new information, future events or results or otherwise, other
than as required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hudson River Minerals Ltd.
Stephen J. Balch
President and CEO
905.407.9586
sbalch@hudsonriverminerals.com
www.hudsonriverminerals.com


Zara Resources Inc.
Danny Wettreich
Chairman and CEO
(647) 931 9775
dw@zararesourcesinc.com
www.ZaraResourcesInc.com

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