March 27, 2014
TSX-V: HBK
FRANKFURT: V7O
HIGHBANK SIGNS TUG & BARGING LETTER OF INTENT AND COMPLETES ‘OLTC’ TIMBER
ASSESSMENT
Highbank Resources Ltd. (TSX-V: HBK) (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”
Victor N. Bryant,
CEO/President
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.