VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 24, 2011) - Highland Resources Inc. (the "Company") (News - Market indicators) is pleased to report that it has engaged the firm of Behre Dolbear & Company Ltd. ("Behre Dolbear") to prepare a Property of Merit 43-101 Compliant Report on certain copper resources located in Keweenaw and Houghton Counties, Michigan, subject of an LOI as announced by the Company on January 5, 2011.
Behre Dolbear is one of the oldest, continuously operating, mineral industry advisory firms in the world. Founded in 1911, they have specialized in studies for commercial and multilateral financial institutions, mining companies, governments and governmental agencies, legal firms, and other parties with interests in the minerals industry. Behre Dolbear's global experience covers the full spectrum of technical, operational, and financial issues in a broad range of commodities including base and precious metals, coal, industrial minerals, diamonds and gemstones, ferrous metals, and construction materials.
The transaction announced by the Company on January 5, 2011 is subject to, among other matters, the execution of a definitive agreement, receipt of certain third party consents, and receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD
Robert Eadie, Chief Executive Officer and Director
Neither the 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.
