VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 26, 2014) - Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O) (the "Company" or "Highbank"). Further to our news release dated March 19, 2014, Highbank is extremely pleased to announce receipt of the Mines Act Permit which authorizes sand and gravel extraction activities as detailed in the Notice of Work and Reclamation Program ("NoW") dated October 31, 2013.
Victor Bryant, President and CEO, of Highbank Resources Ltd. comments, "We are very pleased that we have reached another milestone in the development of the Swamp Point North aggregate project. From the initial signing of an Earn-In Agreement with Portland Canal Aggregates Corporation in 2003; preliminary testing - seismic surveying, road building, site preparation, sonic drilling and airborne surveying in 2005 and 2006; through to defining the deposit in a NI 43-101 Technical Report in November 2007; and completing the earn-in of a 100% Working Ownership Interest in 2008; the Company has persevered."
Victor Bryant further comments, "Bringing a mining property from its discovery through to a permitted operation is an achievement that involves a partnership with government, first nations, local stakeholders, consultants and the investment community. We wish to wholeheartedly thank all those who have contributed to our mutual success. We look forward to moving to production, supporting job creation, and providing opportunities for growth in the Pacific Northwest, and throughout B.C."
On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.
Victor N. Bryant, CEO/President
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