VANCOUVER, BC--(Marketwired - April 14, 2015) - Highbank Resources Ltd. (the "Company") (TSX VENTURE: HBK) (FRANKFURT: V7O) -
Victor Bryant, CEO/President comments,
"Another Major Milestone has been Reached. Our Director- Jim Place, P.Geo. was on site for the commissioning of the wash plant, cone crusher, jaw crusher and stacking conveyor systems. To view the first production video (click #1 below). Mr. Place took several samples of the first production, adhering to proper handling protocol procedures. The samples were delivered to a certified testing laboratory in Terrace, B.C. where standard construction aggregate tests will be conducted to ensure compliance with end user specifications. Mr. Place also delivered samples of the initial Swamp Point North ("SPN") quarry run to sand and gravel consumers in Prince Rupert. The quality of our aggregates was well received. A potential new client will be visiting the operation in the next two weeks to ensure the compatibility of our load-out facility with their marine transport systems."
"Currently the plant is being used to produce crushed gravel for onsite haulage road and stockpile site upgrades. Once these improvements are completed SPN will move into full plant production mode and begin preparing aggregate stockpiles for shipments."
"Within a year of receiving our mine operating permit, we have seen the SPN -Portland Canal Quarry Project obtain funding, procure and transport to the site all necessary equipment, establish a year round camp, logged and cleared the site and expanded a road haulage network, construct a $multi- million marine load-out system, build a water recirculation pond for the aggregate washing plant, and commissioned all equipment for a fully functioning oceanside sand and gravel operation."
"We would like to thank all the parties involved, from investors to construction personnel for their optimism and confidence throughout these difficult market times, and the construction period. Highbank intends to continue its positive and productive pace, as we become a major aggregate supplier on the northwest coast of British Columbia, Canada."
3rd Annual Canadian LNG Exports Multi-Stakeholder Collaboration Initiative 2015 - April 15 & 16, 2015
Highbank' s Directors and Consultants will be exhibiting and attending for the second year at the Canadian LNG Exports Conference taking place at the Pan Pacific Hotel. The Conference attendees will be examining collaborate solutions for accelerating final investment decisions for Canadian LNG Export Projects by identifying opportunities for partnerships between terminal proponents, upstream producers, pipeline proponents, local communities, First nations, Asian buyers and Government bodies.
#1 - SPN Production video http://ow.ly/LyWYm
#2 - http://ow.ly/Lz436 (classical) & http://ow.ly/Lz0w2 (LP)
On behalf of the Board of Directors of
HIGHBANK RESOURCES LTD.
"Victor N. Bryant"
Victor N. Bryant, CEO/President
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This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plan and objective for future operations and include, without limitation, statements with respect to the anticipated production from the Swamp Point North Aggregate Project, the realization of mineral estimates, success of mining operations, the timing and amount of estimated future production, title disputes or claims, environmental risks, limitations on insurance coverage, current and anticipated purchase negotiations and arrangements, requirements for additional capital; and government regulation of mining operations. In some cases, you can identify forward- looking statements by the use of terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors, including: fluctuations in worldwide prices and demand for aggregates; changes in project parameters as plans continue to be refined; possible variations in grade and or recovery rates; accidents, labour disputes as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, are filed and available for review on SEDAR at www.sedar.com.
