Tuesday, September 30, 2014 7:26:10 AM
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
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