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Highbank (HBK.V) Update on Archeological Survey & Swamp Point North Aggregate Project

Discussion in 'Stock Market News & Analysis' started by mickymoose99, Aug 6, 2013.

  1. mickymoose99

    mickymoose99 Member

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    Highbank (HBK.V) Update on Archeological Survey & Swamp Point North Aggregate Project Permitting



    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2013) - Highbank Resources Ltd. (TSX VENTURE:HBK)(V7O.F), (the "Company") is pleased to report on the progress of its resubmission of documentation for its Notice of Work Permit for the Swamp Point North, Portland Canal Aggregates project.

    Archaeological Preliminary Field Reconnaissance

    On July 26, 2013 Kleanza Consulting Ltd. ("Kleanza") of Terrace conducted an archaeological preliminary field reconnaissance ("PFR") of the Phase 1 development area for Highbank's proposed Swamp Point North aggregate quarry development (the "Development Area"). Stephanie Huddlestan, Archaeologist of Kleanza; Colleen Wesley (Metlakatla First Nation), and Anthony Moore, Lands Officer (Nisga'a Lisims Government) were on-site to conduct the PFR. Gary Musil, CFO and Jim Place, P.Geo.,/Directors of Highbank also accompanied the crew during the site visit.

    The purpose of the PFR was to identify if there was any areas of archaeological potential within the proposed Development Area ("DA") in respect to culturally modified trees ("CMT's"), sub-surface deposits, midden exposure, rock shelters, pictographs and petroglyphs.

    A flyover was first conducted to identify areas for the survey and access to the DA. It was determined that it was possible to access the site from the beach and old access/logging road that was expanded during the 2005-2006 seismic refraction survey, test pits and sonic drilling programs.

    Kleanza reported: "No archaeological materials, features or areas of archaeological potential were identified within the Development Area. No further archaeological survey or monitoring work is recommended for the proposed DA, provided Highbank does not significantly amend the DA boundaries". The notes and map data collected during the PFR will be subject to further analysis, and a letter report will be prepared detailing the results. This letter report will be provided to Highbank Resources Ltd., Metlakatla and Nisga'a First Nations, Archaeology Branch of the Ministry of Forestry, Land, and Natural Resource Operations, and the Ministry of Energy and Mines ("MEM").

    Mine and Management Plan

    DMT Geosciences Ltd. (formerly Associated GeoSciences), with the assistance of Mr. Eric Beresford, P.Eng., has now provided Highbank with a revised mine and management plan. The text and maps/drawings encompasses the scope of work discussed and addresses the concerns raised by MEM. Micon International Limited is reviewing and compiling all the data and will be preparing the revised Notice of Work ("NoW") application for submission shortly.

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

    Gary Musil, CFO/Director

    Website re-launched:

    The company has now re-launched its Corporate website www.highbankresources.com and www.highbankres.com. Aside from an updated user friendly presentation the site now acts as a "Virtual Investor Centre" for a broad range of social media platforms. Shareholders, potential investors, brokers, associated organizations and interested parties now may 'follow" us on:

    Facebook: https://www.facebook.com/HighbankResourcesLtd?ref=hl

    Twitter: https://twitter.com/HighbankHBK

    GooglePlus: https://plus.google.com/b/115999208073439737262/115999208073439737262/posts

    YouTube: http://www.youtube.com/watch?v=iF-4vHNRRLw

    LinkedIn: http://www.linkedin.com/company/highbank-resources-ltd-?trk=top_nav_home

    Slideshare: http://www.slideshare.net/stockshaman/highbank-res

    Please feel free to "Share", "Like", or "Follow" these Highbank Resources Ltd. social media platforms within their respective mediums
     
  2. mickymoose99

    mickymoose99 Member

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    Highbank (HBK.V) Update on Swamp Point North Aggregate Project Permitting & Extension

    Highbank (HBK.V) Update on Swamp Point North Aggregate Project Permitting & Extension/Amendments to Warrants

    Swamp Point North Aggregate - Permitting Update


    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2013) - Highbank Resources Ltd. (the "Company") (TSX VENTURE:HBK)(FRANKFURT:V7O) has contracted Megatech Engineering Ltd. of Surrey, B.C. to supply the Company with Conceptual Engineering Drawings for our Swamp Point Barge Load-out structure. The drawings will form a part of the overall site plan and supplement the mine plan information to include the shore abutment for the marine works to the discharge into the barge loading area, including the required mooring structures and barge winch articulation. Micon International Limited is reviewing and compiling all the data and will be preparing the revised Notice of Work ("NoW") application for submission shortly and should be able to finalize the submission upon receipt of the Megatech documentation.

    Warrant Extensions and Amendments

    The Company is announcing that the TSX Venture Exchange has agreed to extend the terms of the following warrants:

    Original Expiry - November 3, 2013 and November 29, 2013. These warrants were originally issued on November 3, 2011 and November 29, 2011 and had an expiry of two years. The Company has obtained regulatory approval to extend the expiry for an additional one year along with amending the exercise price from $0.20 to $0.15.

    Original Expiry - February 7, 2015, February 27, 2015 and April 25, 2015 - These warrants were originally issued on February 7, 2013, February 27, 2013 and April 25, 2013 and had an expiry date of two years. The Company has obtained regulatory approval to amend the exercise price as to $0.12. All other terms remain the same.

    The Company will not be issuing new warrants unless a written request is provided by the warrant holder to the Company. Warrant holders requiring the issuance of a new warrant should do so in writing to the Company at Suite 600, 625 Howe Street, Vancouver, B.C. V6C 2T6. New warrants will only be issued upon the warrant holder surrendering their original warrant.

    If you have any questions, please feel free to contact the Company at (604)

    On behalf of the Board of Directors of

    HIGHBANK RESOURCES LTD.

    Gary Musil, CFO and Director

    Website re-launched:

    The company has now re-launched its Corporate website www.highbankresources.com and www.highbankres.com. Aside from an updated user friendly presentation the site now acts as a "Virtual Investor Centre" for a broad range of social media platforms. Shareholders, potential investors, brokers, associated organizations and interested parties now may 'foll
     
  3. mickymoose99

    mickymoose99 Member

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    Highbank Submits (HBK.V) Swamp Point North Aggregate Project, Notice of Work (NoW) ap

    Highbank Submits (HBK.V) Swamp Point North Aggregate Project, Notice of Work (NoW) application to the B.C. Ministry of Energy and Mines, (MEM)

    Vancouver, B.C. – October 29, 2013 –Highbank Resources Ltd. (the “Company”) (TSX Venture: HBK) is pleased to announce a milestone in the development of the Company’s NI 43-101 compliant Swamp Point North aggregate project on the Portland Canal, B.C. Canada site. With the submission of it’s NoW permit application, Victor N. Bryant, President, is extremely pleased to state; “that finally the Company is able to realize the trust the shareholders have shown in Highbank and its Board of Directors”. “We can now envision an operating plant in our future. It has been a long struggle, but the goal is finally in sight”. Further, “the Company would like all the contributing consultants that were instrumental in the completion of the NoW permit submission documents. Without their diligent efforts this milestone would not have been possible”.

    Contributors:

    Megatech Engineering Ltd. of Surrey, B.C. for Conceptual layout of the barge load-out; combined with Blackfish Management Ltd. of North Vancouver and Superior Industries LLC of Michigan, U.S.A. DMT Geosciences Ltd. (formerly Associated GeoSciences) of Calgary, Alberta, with the assistance of Mr. Eric Beresford, P.Eng. for the mine management plan engineering, design and site layout. Micon International Limited for the preparation of the licence and permit applications, coordinating the engineering, compiling the documents and preparing the responses to fulfill deficiencies and liaison with the MEM; and the Federal Department of Fisheries and Oceans (“DFO”). Kleanza Consulting Ltd. (“Kleanza”) of Terrace, B.C. who conducted the archaeological preliminary field reconnaissance (“PFR”) and Stephanie Huddlestan, Archaeologist; along with attendees Colleen Wesley (Metlakatla First Nation); and Anthony Moore, Lands Officer (Nisga’a Lisims Government); and Stan Spletzer, Highbank’s V.P. of Operations.



    On behalf of the Board of Directors of

    HIGHBANK RESOURCES LTD.



    “Victor N. Bryant”

    Victor N. Bryant,

    CEO/ President
     
  4. mickymoose99

    mickymoose99 Member

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    B.C. Government Inks Land Agreement With Chinese-Owned Nexen for Proposed LNG Project

    B.C. Government Inks Land Agreement With Chinese-Owned Nexen for Proposed LNG Project at Grassy Point Close to Highbank's (TSX :HBK) Swamp Point North Aggregate Project






    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 14, 2013) - Highbank Resources Ltd. (the "Company") (TSX VENTURE:HBK) (FRANKFURT:V7O) announces that Chinese-owned Nexen Inc. has inked an agreement with the B.C. Government that gives it the sole option to purchasing Crown land in northwestern B.C. more commonly known as Grassy Point, for a liquefied natural gas ("LNG") terminal.

    Further to our news release of April 12, 2013, the Calgary-based company which was purchased by the state-owned China National Offshore Oil Corp. ('CNOOC") earlier this year, agreed to pay the province $12 million as a potential down payment to secure the deal for 615 hectares of land at Grassy Point. The land is located north of Prince Rupert and within 40 miles of Highbank's Swamp Point North, Portland Canal aggregate project. To view a map of three proposed LNG sites in B.C. click on the link:

    http://www.theglobeandmail.com/repo...al-lng-terminals/article8956483/?from=8955271

    Nexen joins about half a dozen companies that have located land for their proposed LNG projects in B.C. Three of those proposals (Australia-based Woodside, South Korea based SK E & S, and ExxonMobil) also include interest in Crown land in the Grassy Point area, for which the province continues discussions.

    At a news conference Tuesday led by Premier Christy Clark, Nexen CEO and president Kevin Reinhart said while the acquisition of the land is a milestone, it is a first step in a long "journey." He pointed to the need for extensive public consultation (including with First Nations), a comprehensive environmental assessment and company approvals.

    But Reinhart noted that its new owner, commonly known as CNOOC, is the largest importer of LNG into the growing natural gas market in China.

    "We have an incredibly strong partnership that provides us with expertise, financial capacity, unique access to the Asian gas market and a strong track record of responsible development to turn this opportunity into a real project," said Reinhart.

    Nexen owns 60 percent of the proposed LNG project at Grassy Point, dubbed Aurora LNG. The other 40 percent is owned by Japanese companies INPEX Corp. and JGC Corp.

    Japan is the largest importer of LNG in the world by a wide margin, according to the International Gas Union's 2013 World LNG report.

    For further information on this announcement, view this story in the Vancouver Sun - Business BC - Section C titled - "Resources - Victoria does a deal with Nexen" -November 13, 2013 link to:

    http://www.vancouversun.com/busines...minal+north+Prince/9157847/story.html?__lsa=1

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

    Victor N. Bryant, CEO/President
     
  5. mickymoose99

    mickymoose99 Member

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    Highbank (TSX VENTURE:HBK) Receives Approval for Licence of Occupation Expanded Land

    Highbank (TSX VENTURE:HBK) Receives Approval for Licence of Occupation Expanded Land Tenure at Swamp Point North






    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2013) - Highbank Resources Ltd. (the "Company") (TSX VENTURE:HBK) (FRANKFURT:V7O)is pleased to announce that the application for the expanded tenure area of its Swamp Point North aggregate deposit has been approved by the Ministry of Forests, Lands and Natural Resource Operations of B.C. This approval more than doubles, and increases the Gravel/Quarry Licence of Occupation ("LoO") area by an additional 72 hectares to a total 123 hectares and has the potential to significantly increase the resource.

    It is not intended to mine from the expanded area at this time, as sufficient aggregate material has been located on the original LoO to satisfy demand in the Port of Prince Rupert area; however, it consolidates the Highbank land position, essential for forward planning and viability, ensures the Company's long term future and the ability to meet any expected future demands.
     
  6. mickymoose99

    mickymoose99 Member

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    Highbank(TSX:HBK) Receives Comments on Notice of Work (NoW) Permit Application for It

    Highbank(TSX:HBK) Receives Comments on Notice of Work (NoW) Permit Application for Its Swamp Point North Aggregate Project




    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 6, 2013) - Highbank Resources Ltd. (the "Company") (TSX VENTURE:HBK)(V7O.F). Further to our news release on October 29, 2013, the Company has received review comments from the Ministry of Energy and Mines ("MEM") indicating the results of MEM's review and future expectations for this particular project in regards only to the Mines Act permitting.

    The Regional Director of MEM, Smithers has made a decision in regards to our project, to establish a Mine Development Review Committee (MDRC), pursuant to Part 10.3.1 of the Health, Safety and Reclamation Code for Mines in B.C., to meet in early 2014. The MDRC will provide an opportunity for the Company, pertinent regulators and First Nations to gather and discuss requirements of the project as it relates to both federal and provincial regulatory authorities.

    The Company and Micon International Limited will be reviewing the response and begin compiling its reply as soon as possible in preparation for discussion with the MDRC.

    Victor N. Bryant-CEO/President, James H. Place-Director, and Stan Spletzer, V.P. of Operations will be travelling to Prince Rupert on Tuesday. The Company will be meeting with representatives from the Metlakatla First Nation (Prince Rupert), site of the Petronas $18 billion proposed liquefied natural gas (LNG) export facility, on Lelu Island within the District of Port Edward on land administered by the Port of Prince Rupert. Also included in the meeting will be a representative from the Lax Kw'alaams Band (Port Simpson- nearby Grassy Point), where China's CNOOC Ltd. has secured exclusive rights with Japan's Inpex Corp. and JGC Corp. to examine building a LNG export plant and terminal. These discussions will center on further joint venture participations with the First Nations as they will be involved in the public consultations and potential partnerships of these builds. It was hoped that a similar meeting could be arranged with the heads of the Nisga'a Lisims Government at the same time, unfortunately they were not available as they are currently attending meetings in Ottawa.

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

    Victor N. Bryant, CEO/President
     
  7. mickymoose99

    mickymoose99 Member

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    (TSX VENTURE:HBK) Responds to Notice of Work (NoW) Permit Application for its Swamp

    Highbank (TSX VENTURE:HBK) Responds to Notice of Work (NoW) Permit Application for its Swamp Point North Aggregate Project




    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 30, 2013) - Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O) (the "Company") -

    Further to our news release of December 6, 2013, the Company is pleased to report that with the assistance of Micon International Limited and other technical consultants, we are forwarding to the Ministry of Energy and Mines ("MEM") our comments and expanded information as requested from the MEM's review and future expectations for our aggregate project in regards to the Mines Act permitting.

    In particular we have requested further explanation and the reasoning behind the Regional Director of MEM, Smithers' decision to establish and refer this project to a Mine Development Review Committee ("MDRC").

    The Company would like to thank all the investors and shareholders for your confidence and patience during the past year and in particular throughout this permitting process.

    Other

    The Company is now an Associate Member in the BC Stone, Sand and Gravel Association. Management will be attending the next meeting to be held on January 16, 2014 in Vancouver. Of particular interest on the agenda at this meeting will be the Minister of Energy and Mines - Bill Bennett; a presentation from Eddy Taje - Senior Inspector for the MEM; as well as Stewart Guy who will be updating the delegates on the Aggregate Policy for B.C.

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD
     
  8. mickymoose99

    mickymoose99 Member

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    Highbank (TSX VENTURE:HBK) Presents Its Swamp Point North Mines Permit Application t

    Highbank (TSX VENTURE:HBK) Presents Its Swamp Point North Mines Permit Application to the Regional Mine Development Review Committee




    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 11, 2014) - Highbank Resources Ltd. (the "Company") (TSX VENTURE:HBK)(FRANKFURT:V7O). Further to our news release of January 21, 2014, Highbank has been notified by the Ministry of Energy & Mines ("MEM") northwest mines office in Smithers that the Company will be scheduled for presentation of the Swamp Point North mines permit application at the Regional Mine Development Review Committee ("RMDRC") meeting scheduled for February 26, 2014. One of the functional purposes of the RMDRC is to bring together multiple agencies to ensure that all authorizations for the project are identified and to provide guidance to the proponent (Highbank Resources Ltd.) regarding information requirements required by the statutory decision makers for these authorizations. Potentially affected First Nations are invited to sit as RMDRC members for any project within their traditional territories, to represent their communities and the interests of these communities.

    Mr. Victor N. Bryant, CEO/President, and Jenifer Hill, R.P.Bio. of Micon International Limited are preparing the documentation and will be presenting the mines permit application on behalf of Highbank.

    On behalf of the Board of Directors of

    HIGHBANK RESOURCES LTD.

    Victor N. Bryant, CEO/President
     
  9. mickymoose99

    mickymoose99 Member

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    Highbank (hbk.v) Receives Notice Of Work Permit Approval On Its Swamp Point North Agg

    HIGHBANK (HBK.V) RECEIVES NOTICE OF WORK PERMIT APPROVAL ON ITS SWAMP POINT NORTH AGGREGATE PROJECT



    is very pleased to announce that the Company has received the Notice of Work (“NoW) Permit approval and a ‘Reclamation Security Request for the Swamp Point North Aggregate Project’. Based on the information Highbank has provided as reviewed by the Ministry of Energy and Mines (“MEM”), and referral comments received from other government agencies and First Nations regarding the Notice of Work and Reclamation Program application (“NoW”) dated October 31, 2013, the MEM is ready to issue a new Mines Act Permit.


    Read full release http://ow.ly/uK26I
     
  10. mickymoose99

    mickymoose99 Member

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    Highbank (HBK.V) Resources Granted Production Permit for Swamp Point North Aggregate

    Highbank (HBK.V) Resources Granted Production Permit for Swamp Point North Aggregate Project



    $11 Billion LNG Project Seeks Concrete Answers

    VANCOUVER, British Columbia, March 20, 2014 (GLOBE NEWSWIRE) -- The Prince Rupert area is targeted for multiple massive construction projects including the $11 billion LNG facility at the Port of Prince Rupert. Malaysian petroleum giant Petronas has also declared a commitment to inject $36 billion into British Columbia LNG. Overall, the "announced" construction and infrastructure projects in the region add up to $60 billion.

    On March 19, 2014, Highbank Resources (TSX-V:HBK) announced that it received a Notice of Work Permit approval for the Swamp Point North Aggregate Project 78 miles by sea north of Prince Rupert. This milestone is the culmination of six years development and collaboration with First Nations and government stakeholders, by management.

    Highbank has an at-surface NI 43-101 compliant aggregate resource of 72 million tonnes, with initial off-take commitments. Aggregate is an industrial crushed rock that is the primary ingredient in concrete.

    "This permit is a very big milestone for us," confirms Highbank CEO Victor Bryant in an exclusive interview with Financial Press, "we have been working on this, getting over the hurdles, for about six years. There is now a very straightforward path to production."

    Aggregate mining generates dust and noise. Proposed projects often meet opposition from local residents wishing to preserve tranquility. The Swamp Point North project is in a completely isolated area, accessible only by boat and helicopter.

    "Our location is one of our key advantages," states Bryant, "We are close to the epicenter of the Northern B.C. construction boom, and we are on tidewater. The cost advantages are significant. Aggregate is a bulk commodity. Transportation is a major cost factor. Highbank can load directly onto barges and ships whereas many of our competitors are forced to truck in the product."

    Unlike gold, silver, copper, iron ore, an aggregate mine requires little in terms of preparation before market.

    "Our product is very close to surface," states Bryant, "We only have about half a metre of material to remove before we are into the aggregate. The raw material will contain a few large rocks. But it is basically what we call 'free digging'. The large rocks will be put aside, and then it will be crushed and sized. Construction companies order different blends depending on what type of concrete they are making. Highbank aggregate is suitable for high-rise construction, although most of our end-use will be industrial."

    The Highbank aggregate begins at the shoreline and flows back at surface on relatively flat land. The product is so close to the load-out facility that it can be delivered to the barges on a conveyor belt system.

    Highbank's initial targeted production rate is 235,000 tonnes a year, but with the anticipated growth demand from the LNG terminals in 2015, the company may apply for a permit to expand production.

    Unlike gold mines, which seem to start at about $100 million, the Capex of the Highbank Aggregate Project is only about $4 million because of the minimal amount of processing. The $4.0 million will be raised either through debt financing or a combination of debt and equity.

    "We're looking at starting production in the summer of 2014," confirms Bryant, "The timing of our work permits is excellent, because the first phase of LNG construction is relatively small but it will ramp up dramatically in 2015. And we will be ready to deliver aggregate to Northern B.C. construction projects at very competitive prices. Being on tidal water that is open year round, gives us a huge competitive advantage."

    Aggregate is the world's most mined material next to oil. 2013 global sales revenues are around $100 billion. Annual Canadian consumption of aggregate is 10 to 15 tons per person. Highbank's First Sales Contract has been signed with West Fraser Concrete for 100,000 tonnes.

    "My guess is that about 80% of Highbank aggregate will be used in concrete," states Bryant, "but in the BC North there is a lot of clay, which is not stable to build on. So a lot of times the construction company will excavate the clay and use aggregate to back-fill, thereby creating a stable foundation for the construction and provide good drainage."

    On November 2, 2012, Highbank announced the signing of a Cooperation Agreement with the Metlakatla First Nation with the stated objective of giving the Metlakatla the opportunity to participate in the economic benefits of an aggregate project on their traditional lands. Discussions with the other First Nation in the area, the Nisga'a have taken place and Highbank will also offer job training to suitably qualified candidates.

    This Cooperation Agreement has been a key to Highbank's successful permitting process. The Metlakatla have been supportive of Highbank's application, and Highbank has pledged to provide Metlakatla the first opportunity to fill jobs and to securing contracts for goods and services.

    "Highbank respects the Metlakatla and Nisga'a traditions and their longstanding commitment to preserve their way of life in their traditional territory," stated Bryant.

    The Swamp Point Project represents an opportunity to invest in sustainable, innovative and broadly based renewed economic development activity for Northwest BC.

    Highbank is currently trading at $0.15 with a market cap of $12 million
     
  11. mickymoose99

    mickymoose99 Member

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    Highbank (TSX VENTURE:HBK) Receives Mines Act Permit on Its Swamp Point North Aggrega

    Highbank (TSX VENTURE:HBK) Receives Mines Act Permit on Its Swamp Point North Aggregate Project




    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
     
  12. mickymoose99

    mickymoose99 Member

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    Highbank (HBK.V) Signs Tug & Barging Letter of Intent and Completes 'OLTC' Timber ***

    Highbank (HBK.V) Signs Tug & Barging Letter of Intent and Completes 'OLTC' Timber Assessment




    VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 27, 2014) - Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O) (the "Company" or "Highbank") is pleased to announce:

    TUG & BARGING LETTER OF INTENT ("LOI")

    Highbank has signed a LOI with West Coast Tug & Barge Ltd.("West Coast Tug") of Campbell River, B.C. for barging aggregate from the Swamp Point North operation to destinations in the Port Simpson and Prince Rupert area. Highbank is pleased with the scheduling from West Coast Tug to provide two barges to operate from the property, which allows one to be loaded while the other is en route with aggregate to its destination or returning for re-loading.

    It is anticipated that this LOI will be formalized soon and be in operation for the duration of all the construction projects in the northwest coast area. Victor N. Bryant comments, "With this agreement in place, Highbank is now able to deliver aggregate production at very competitive prices."

    OCCUPANT LICENCE TO CUT ("OLTC")

    Mr. Stan Spletzer, V.P. of Aggregate Operations, accompanied by a representative of Cypress Forest Consultants Ltd. of Terrace, B.C. helicoptered to the Swamp Point North site on March 24, 2014. A merchantable timber assessment was compiled and a report was delivered to Highbank. This assessment will be used to compile our OLTC application to the Ministry of Forests, Lands and Natural Resource Operations ("FLNRO").

    Highbank is proceeding forward with providing the Ministry of Energy and Mines ("MEM"), with final engineered construction drawings, and further documents, as required within (30) days prior to mobilization to the site.

    On behalf of the Board of Directors of

    HIGHBANK RESOURCES LTD.

    Victor N. Bryant, CEO/President
     
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    mickymoose99 Member

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    Highbank (TSX VENTURE:HBK) Raising $4,000,000

    Highbank (TSX VENTURE:HBK) Raising $4,000,000



    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 3, 2014) - Highbank Resources Ltd. (TSX VENTURE:HBK)(V7O.F) (the "Company") is arranging non-brokered Convertible Debenture financings up to $4,000,000.

    Convertible Debenture/Loan Financing

    Highbank is arranging Convertible Debenture/Loan Financings of up to $4 million of 10 percent convertible debentures. The convertible debentures will have a maturity of three (3) years from the date of signing, and will be convertible into common shares based on the following terms, or repaid from aggregate production revenues:

    -Providing 90 calendar days' notice to the Company:

    (a) converting the principal amount within one year of anniversary of signing -the conversion price will be calculated at $0.45 per share; (b) converting the principal amount within two years of anniversary of signing - the conversion price will be calculated at $0.35 per share; (c) converting the principal amount within three years of anniversary of signing - the conversion price will be calculated at $0.25 per share.

    Interest Payable - Annually at 10% -Immediately accruing upon receipt of funds; and payable on a quarterly basis commencing 90 days following the month at which the Company reaches agreed tons of aggregate production. The investors can convert the interest at any quarter with the investor giving the Company 30 days' notice. Conversion is based on the greater of the market price of the Company's shares (as defined in the TSX Venture Exchange Policy 1.1) and the twenty (20) day weighted average price from the date of the conversion notice.

    The Company will pay a finder's fee based on recommended TSX Venture Exchange policy guidelines and regulatory approvals. The financing will be subject to TSX Venture Exchange acceptance.

    The net proceeds of the financing will be used to continue development to production, and start-up costs of the Swamp Point North aggregate project, and general working capital.

    The Company has received expressions of interest of up to $2.7 million of the $4 million financing, and is expecting to sign definitive agreements soon.

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

    Gary Musil, CFO/Director

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. •Commodity Markets •Investment & Company Information
     
  14. mickymoose99

    mickymoose99 Member

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    Highbank Resources (HBK.V) Mobilizes for Summer Aggregate Production

    Highbank Resources (HBK.V) Mobilizes for Summer Aggregate Production

    VANCOUVER, B.C., May 21, 2014 (GLOBE NEWSWIRE) -- The Prince Rupert area in Northern British Columbia is about to undergo a construction boom to rival Saudi Arabia's recent infrastructure bonanza.

    Multiple massive construction projects include Petronas' commitment to a $36 billion LNG (Liquid Natural Gas) transfer station, and the $11 billion LNG facility in the Port of Prince Rupert area. Total announced construction projects in the region add up to about $60 billion.

    Some local suppliers and "picks and shovels" business are going to reap the rewards from the 20 years-plus construction boom.

    Highbank Resources (TSX-V:HBK) appears to be one of those companies. Swamp Point North Aggregate Project is just 78 miles north of Prince Rupert and has an at-surface NI 43-101 compliant aggregate resource of 72 million tonnes, with initial off-take commitments at least $22.50 per tonne. Aggregate is an industrial crushed rock that is the primary ingredient in concrete.

    Highbank's path to production dominates the company agenda for this summer. HBK has received its Notice of Work (NoW) permit and is currently completing the remaining permit conditions prior to gaining access to the site.

    The company expects to receive a timber cutting permit by the middle of May and permit for barging operations shortly after. The environmental baseline study has been completed and will form the basis of an application to expand production in the future. The company is now finalizing the mine operating procedures which are required prior to commencement of operations.

    The location of the Swamp Point North Aggregate Project is one of Highbank's competitive advantages. Close to the Prince Rupert construction boom, it is also on tidewater, which creates significant cost advantages when moving bulk materials. Highbank can load the aggregate directly onto barges, whereas many of its competitors are forced to truck in the product.

    "We have just completed a $2.7 million financing, which is the first tranche of $4.0 million to bring the property into production," states CEO and President Victor Bryant in an exclusive interview with Financial Press. "Those funds have been used to purchase two 35-ton trucks, a D-8 bulldozer, a 27 foot boat for personnel and supply transportation, a crusher and a washing plant and much ancillary equipment – basically everything we need to develop the site and start mining our at-surface aggregate."

    Six individuals were involved in the current financing. Some of them are long term shareholders who believe in Highbank's upside and potential, harnessed to the $60 billion construction boom. Bryant describes them as 'entrepreneurial investors.'

    Highbank recently signed a Memorandum of Understanding with Hobiyee-Matrix Logistics, outlining a mutually beneficial agreement between the two companies. This agreement complements a cooperative agreement signed in November 2012 with the Metlakatla.

    "Matrix Logistics are a Yellowknife - based company, offering helicopter solutions and exploration logistics," states Bryant, Matrix has a Joint Venture Agreement with Hobiyee Management, a First Nation Corporation established to assist in ensuring that the Nisga'a people are able to participate in business opportunities as they arise. It is possible that Highbank will enter into service agreements with the Nisga'a Village of Gingolx, B.C to provide camp staff-cooks, medics and other personnel.

    "It is our intention to employ as many qualified first nation people as possible in equipment operation and camp logistics. We see this not only as smart business, but also as a symbiotic relationship. Highbank has also offered to provide technical and advisory support to the Gingolx in developing other projects."

    The Highbank Cooperation Agreement with the Metlakatla First Nation, states that they will participate in the economic benefits of aggregate project at Swamp Point North and through a working relationship in the Prince Rupert area.

    In April 2014 Highbank received permission from Fisheries and Oceans Canada, to "Construct a barge loading facility, comprised of barge moorage, barge mooring dolphins and a pile supported aggregate conveyor, and barge landing ramp."

    HBK also received verbal confirmation from the Canadian Coast Guard that the Nisga'a has attached no conditions as to the traversing of its traditional marine areas by Highbank's barges.

    Aggregate is the world's most mined material next to oil. 2013 global sales revenues are around $100 billion. Annual Canadian consumption of aggregate is 10 to 15 tons per person.

    About 75% of Highbank aggregate will be used in concrete. Much of the ground in the in the BC North has a heavy clay composition, which is not stable to build on. Construction companies will excavate the clay and use the more-stable aggregate to back-fill to ensure foundation strength.

    It is often a good entry point to invest in companies on the concrete-supply chain just prior to a construction boom.

    For context, Saudi Cement (SACCO-AB) manufactures building materials like Portland concrete and oil well cements. Its primary market is Saudi Arabia, which is undergoing an infrastructure boom. SACCO stock price has increased 300% in the last three years.

    "We anticipate being in commercial production by the end of August, 2014, achieving our annual production rate of 235,000 tonnes by November," states Bryant, "starting with the 150,000 tonne order from North Coast Concrete. But of course our big opportunity is the $60 billion LNG market which will explode in 2015."

    Highbank is currently trading at $0.14 with a market cap of $11.3 million
     
  15. mickymoose99

    mickymoose99 Member

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    Highbank Resources (TSX:HBK) Mobilizes and Commences Site Development at Swamp Point

    Highbank Resources (TSX:HBK) Mobilizes and Commences Site Development at Swamp Point North

    Mr. Victor N. Bryant, CEO reports another milestone in our development of Swamp Point North…

    The first tug and barge load of equipment and supplies will depart the Port of Prince Rupert this morning approximately 10:30 a.m. PST, travelling north to Swamp Point. The tug and barge will be transporting the Company and Contractors D5 Cat, 225 Excavator c/w various attachments, a 330B Case Rock Truck, 5000 gallon fuel tank, the 4th Atco trailer (containing dry room, showers, washrooms and laundry), and general camp materials for site preparation. Highbank's 6-person crew will also be launching the Company's work boat from Stewart, B.C. to travel south 38 miles to rendezvous with the tug and barge at Swamp Point North to commence offloading of equipment at approximately 1 p.m.PST Friday, June 27, 2014. The 6 person crew will remain on site and proceed with the camp and site preparation. Additional equipment will be transported to the site in the coming weeks.

    To view todays video news release presentation click on… http://youtu.be/yzktCJBlM-8

    ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.

    Victor N. Bryant, CEO/President
     
  16. mickymoose99

    mickymoose99 Member

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    Highbank (TSX VENTURE: HBK) (FRANKFURT: V7O), Continues Mobilization & Site Developm

    Highbank (TSX VENTURE: HBK) (FRANKFURT: V7O), Continues Mobilization & Site Development at Swamp Point North



    VANCOUVER, BC--(Marketwired - July 24, 2014) - Highbank Resources Ltd. (TSX VENTURE: HBK) (FRANKFURT: V7O), (the "Company").

    Mr. Victor N. Bryant, CEO reports further on the development of Swamp Point North….

    Mobilization & Site Development

    The second barge load of equipment and supplies has been delivered from the Port of Prince Rupert to the Swamp Point North site. Since the arrival of the first barge load of equipment and supplies on June 27th, Stan Spletzer, V.P. of Aggregate Operations and his Solid Holdings Ltd. crew have been working aggressively on refurbishing the existing camp trailers, setting up the additional Atco trailer (containing dry room, showers, washrooms and laundry); rebuilding the service roadways from the foreshore to the camp and plant site; repairing and upgrading the crew boat landing dock; and other site clearing.

    Mine Permitting

    Further to the receipt of our 'Mines Act' Permit dated March 19, 2014 the Company has recently submitted to the Ministry of Energy and Mines ("MEM") the various 'special conditions' and other pertinent permit approvals which are an integral part of the permit such as: 1. An OHS plan (Occupation Health & Safety Policy Manual) as prepared by White North West Consulting; 2. A Health & Safety Training Plan, Wildlife Protection Plan, Monitoring Plan, MER Plan (Mine Emergency Response Plan), HMH Plan (Hazardous Materials Handling Plan), FMSC Plan (Fuel Management & Spill Contingency Plan), ISM (Invasive Species Management), & Reclamation Plan; 3. Misc. Permits and Licences including: Knight Piesold Consulting letter regarding the Water Management Plan (WM) Design; (i) Knight Piesold Consulting letter regarding the Water Management Plan (WM) Design; (ii) Ministry of Forest Lands and Natural Resource Operations (FLNRO) Occupant Licence to Cut and Remove Timber; (iii) Transport Canada, Navigation Protection Program approval Notice of the Barge load-out facilities; (iv) Fisheries & Oceans Canada review and acceptance re 'Implementation of mitigation measures to avoid and mitigate serious harm to fish'; (v) Additional Certificates for operating of the crew boat and camp, etc.

    Upon acceptance and satisfaction of these 'special conditions', the Company will then be permitted to proceed into aggregate production.

    Other

    The Company has granted to 360 Aviation Services Inc. an option to purchase 500,000 common shares and a consultant an option to purchase 100,000 common shares, exercisable at the price of $0.25 per share for five years. The stock options granted will be in accordance with the Company's Stock Option Plan, subject to regulatory approval, will have the required four (4) months hold period, and will have vesting provisions attached.

    ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.

    "Victor N. Bryant"

    Victor N. Bryant, CEO/President
     
  17. mickymoose99

    mickymoose99 Member

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    Highbank (TSX VENTURE: HBK) Closes 2nd Tranche - $1.3 Million Convertible Debenture a

    Highbank (TSX VENTURE: HBK) Closes 2nd Tranche - $1.3 Million Convertible Debenture and Swamp Point North Progress Update



    VANCOUVER, BC--(Marketwired - August 08, 2014) -

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    Highbank Resources Ltd. (TSX VENTURE: HBK)(FRANKFURT: V7O), (the "Company") is pleased to announce the closing of the 2nd tranche of its $1.3 million convertible debenture, as its Swamp Point North aggregate project moves closer to production.

    Swamp Point North -project update Mr. Victor N. Bryant, President/CEO reports: V.P. Operations Mr. Stan Spletzer, is presently onsite assisting in planning for preparation of stripping and mining activities; and for installation of the crushing and washing plant equipment. Final discussions are taking place with the pile driving company-part of the barge load-out facility, which we expect to be on site in the latter part of this month.

    Convertible Debenture Highbank closes the 2nd tranche -$1.3 million of our total $4 million convertible debenture financing.

    The convertible debentures bears interest at the rate of 10% per annum and has a term of three years for repayment by the Company from revenues earned through the sale of aggregate from the Swamp Point North aggregate project. The debentures are convertible into shares of the Company at a price of $0.45 during the first year, $0.35 during the second year, and at a price of $0.25 in the third year.

    The Company is paying cash finder's fees equal to 7-1/2% on a portion of the gross proceeds raised from the convertible debentures or $82,500 and 22,727 shares at a deemed price of $0.33 per share.

    On Behalf of the Board of Directors of HIGHBANK RESOURCES LTD. "Victor N. Bryant" Victor N. Bryant, CEO/President
     
  18. mickymoose99

    mickymoose99 Member

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    Highbank (HBK.V) Swamp Point North Site Update

    Highbank (HBK.V) Swamp Point North Site Update





    VANCOUVER, BC--(Marketwired - September 30, 2014) - Highbank Resources Ltd. (the "Company") (TSX VENTURE: HBK) (FRANKFURT: V7O).

    President, Victor N. Bryant updates, onsite inspection September 23, 2014.

    Swamp Point North Barge loading Facility….
    Transportation of the pilings from the Port of Prince Rupert was received at Swamp Point North on Tuesday, September 23, 2014. Over one-half of the pilings required for the load-out facility have now been installed, placing us approximately 2 weeks ahead of schedule. Installation of the loading conveyor system has commenced, again this is well ahead of schedule.

    Camp and Mine Site Development….

    Improvement to the site and camp continue. Telephone and internet communications have been established. A camp perimeter electrified bear fence as per site requirements has been installed. Road access development and overburden stripping is proceeding satisfactorily. The region has experienced record rainfall affording on-site environmental personnel to precisely implement the requirements for compliance with water management and other regulations. Despite the extremely high rainfall in the area, development continues well on track. Watch for photo updates and an updated power point presentation on our website at http://www.highbankresources.com

    Highbank looks forward to being in the preeminent position of being able to supply aggregates in support of the ongoing construction to the Port of Prince Rupert ($1.2 billion Federal development project). Our contribution will assist in meeting the Federal Government's commitment to make the Port of Prince Rupert, "Canada's Gateway to the Asian Markets". The Company has unwavering confidence in B.C.'s Premier Christy Clark and her Ministers ability to conclude negotiations and set forward a fair Liquefied natural gas ("LNG") tax regime. The B.C. government has stated that the tax regime will be outlined at the opening of the Legislature's fall session October 8, 2014. LNG is an increasingly important pillar of the global energy industry.

    On behalf of the Board of Directors of
    HIGHBANK RESOURCES LTD.

    "Victor N. Bryant"
    Victor N. Bryant,
    CEO/ President
     
  19. mickymoose99

    mickymoose99 Member

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    (HKUP) Continues Its Growth, Exceeding 89,000 Downloads for September and Adding to O

    iHookup Social (HKUP) Continues Its Growth, Exceeding 89,000 Downloads for September and Adding to Overall Registered User Base

    Company Posts 7th Consecutive Month of Increased User Growth



    CAMPBELL, CA--(Marketwired - Oct 2, 2014) - iHookup Social, Inc. (OTCQB: HKUP), a mobile application positioned at the intersection of dating, social media and location-based connections, is pleased to provide user growth statistics for September of 2014.

    For the month of September, the Company showed growth over the previous month of August with a total of 89,970 new downloads of the popular iHookup Social app in the Apple App Store marketplace. This total is another record for the Company as it attracts users to its growing platform, which has now surpassed a total of 386,694 registered users.

    January 7,406 New Downloads 120,148 Total Registered Users

    February 6,547 New Downloads 124,588 Total Registered Users

    March 16,599 New Downloads 137,743 Total Registered Users

    April 43,207 New Downloads 164,632 Total Registered Users

    May 67,054 New Downloads 212,528 Total Registered Users

    June 75,065 New Downloads 257,316 Total Registered Users

    July 80,283 New Downloads 308,167 Total Registered Users

    August 86,207 New Downloads 353,440 Total Registered Users

    September 89,970 New Downloads 386,694 Total Registered Users

    "iHookup Social continues to charge forward in our perpetual effort to build a social dating community of significant size, ultimately providing the company with multiple opportunities to monetize this user base and build value for our shareholders," stated Robert Rositano Jr., CEO, iHookup Social. "I am most pleased to state that September was our best month ever by the all-important user growth metric."

    "Factor in the roll-out of our Venue based options now available for our users to connect at a local venue, along with the opportunity for local businesses to invite our members in for a real-world visit, and this has been a tremendous month for our app side and operational advancements," added Rositano. "Additionally, we were most pleased to hear of Apple's entry into the wearable tech market with the announcement of their Watch. As we look toward our future expansion we feel this new category is well suited for our technology. In addition to an Android version of our popular app, we believe Apple's investment in this new platform has the potential to greatly expand our market."
     
  20. mickymoose99

    mickymoose99 Member

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    Highbank- (TSX VENTURE: HBK) Swamp Point North Site and Load-Out Update

    Highbank- (TSX VENTURE: HBK) Swamp Point North Site and Load-Out Update



    VANCOUVER, BC--(Marketwired - October 06, 2014) - Highbank Resources Ltd. (the "Company") (TSX VENTURE: HBK) (FRANKFURT: V70).

    President, Victor N. Bryant is pleased to announce:

    Swamp Point North Barge loading Facility...

    The piling work for the load-out conveyor system is now complete. A total of 24 pilings have been installed with excellent penetration in compacted gravel to average depths of 55 - 65 feet. All pile caps of one inch thick steel have been installed to hold each set of pilings together. The work was completed several days ahead of schedule. Driving of only one piling caused some difficulty when a large boulder was encountered. The piling was re-located and driven without further difficulty.

    The Foresight Innovations Ltd. construction crew is now assisting with assembly of the prefabricated conveyor sections and installation on the pilings. Walkways connecting the mooring dolphins will be installed later this week and the conveyor belt and drive installed. A concrete base is being constructed at the feed end of the conveyor to support the aggregate receiving hopper for the load-out system.

    Camp and Mine Site Development...

    In the mine site area, stripping of the sand/silt layer immediately above the gravel deposit is progressing. Heavy rainfall has slowed this activity; however, this has not prevented flat areas for location of the crushing, washing and screening equipment from being prepared. Weather permitting; Highbank continues to work toward having aggregate ready for shipment in late October/early November 2014. Watch for photo updates and an updated power point presentation on our website at http://www.highbankresources.com

    LNG taxation...

    Mr. Bryant further comments. As per our September 30, 2014 news release we stated, "The British Columbia Government will conclude negotiations and set forward a fair Liquefied Natural Gas ('LNG') tax regime". As reported in the Vancouver Sun on Thursday, October 2, 2014 titled 'Province signals reductions in planned LNG project taxes'. The governing Liberals return to the legislature on Monday and will table the final tax legislation in the week of October 20, 2014, said Finance Minister Mike de Jong. "These are sizable investments with a lot at stake for the citizens of B.C., and the proponents and we want to get it right," de Jong said. To learn more on this Vancouver Sun article "Province signals reductions in planned LNG project taxes" click on http://urlm.in/tahq

    On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

    "Victor N. Bryant" Victor N. Bryant, CEO/ President
     
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