The value of the deal has not been disclosed.
According to the deal, Superior Copper will acquire a 100% interest in the project for a 1.5% net smelter return previously granted to a third party, by issuing 2.1 million shares to Hudson River Minerals.
The acquisition is subject to conditions precedent, including obtaining required regulatory approvals.
The Glenrock Property covers 18 unpatented mineral claims, which covers an area of 2,515ha and is located in the Batchawana Greenstone Belt of the Archean Superior Province near the margin of the Proterozoic Southern Province.
