Mr. James Place reports

HIGHBANK COMPLETES 750 TONNE BULK AGGREGATE SAMPLE FROM ITS SWAMP POINT NORTH PROJECT & LOCAL NEWS UPDATE

Highbank Resources Ltd. has completed a bulk sample of approximately 750 tonnes of bank-run aggregate (pit-run) and quarried stone from Swamp Point North and the company has delivered it to the port of Prince Rupert. The material will be stored on land leased by the company where it will undergo processing and product testing.

Processing of the pit run will consist of crushing, screening and washing to produce coarse (gravel) and fine (sand) concrete aggregates. Aggregate evaluation will be carried out by a certified concrete aggregate testing laboratory. The quarried stone will undergo visual and laboratory testing to evaluate its suitability as rip rap, armour stone and rail ballast.

Highbank is anticipating increased construction activity in the Prince Rupert area in the near future and feels optimistic that local contractors will see Swamp Point North as an economic alternative for construction and concrete raw materials. The Swamp Point North property is located on Portland Canal, approximately 75 miles (120 kilometres) north of Prince Rupert and has direct access from the pit face and stockpile site to a marine shipping facility owned by Highbank Resources.

We seek Safe Harbor.