Highbank Resources Ltd. (HBK)

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Highbank Resources Ltd (HBK-TSXV) to capitalize on $32 Billion Infrastrucutre expansion to the Port of Prince Rupert. — Presentation Transcript

1. HIGHBANK RESOURCES LTD. HBK – TSX.V V7O - Frankfurt OCTOBER 2012
2. STOCK SNAPSHOTSector: ResourcesProperty Type: Construction AggregateStock Market Symbol: TSXV: HBK; Frankfurt: V7O52-Wk Trading Range: C$0.04 -C$0.11Shares I&O: 80,436,499 (as at June 30, 2012)Shares Held in Escrow: 16,000,000Market Capitalization: C$4.0 million (approx.) 2
3. CONSTRUCTION AGGREGATE• Sand, gravel, crushed stone• Essential for road building and concrete• Construction aggregate is world’s most mined material• Annual Canadian consumption of aggregate 10 to 15 tons per person• 2010 BC Production 38 million tonnes valued at C$322million• BC Production expected to exceed previous years 3
4. HIGHBANK’S AGGREGATE PROJECT: SWAMP POINT NORTH• Full Working Ownership Interest earned• $2.1 million of capitalized costs• Proximity to Prince Rupert – high demand for aggregate• NI 43-101 compliant• 72 million tonnes measured and indicated• First sales commitment received• Cooperative relationship with First Nations• Near-term production, pending final permits and financing 4
5. LOCATION• East side of Portland Canal fjord on protected, year round tidewater• 78 miles north of Prince Rupert (by sea)• Access by helicopter, float equipped aircraft, or boat• Prince Rupert is closest west coast port to Asia by approx. 33 hours• Flight times: Prince Rupert - 40 minutes; Stewart – 15 minutes; Terrace – 60 minutes 5
6. RESOURCEClassification TonnesMeasured 62,936,877Indicated 8,775,166Measured and Indicated 71,712,043Inferred 2,246,464 6
7. ECONOMIC POTENTIAL • PRINCE RUPERT AREA – HAS LIMITED SUPPLIES OF QUALITY SAND AND GRAVEL • HIGHBANK’S SWAMP POINT DEPOSIT MEETS SPECIFICATIONS• CLOSEST SOURCE WITH LOW COST TRANSPORTATION • PRICE RANGE $20 - $25 /Tonne 7
8. TARGET MARKET• Primary Target Region Prince Rupert-Kitimat, B.C. and Alaska• Competitive Advantage Proximity to the Port of Prince Rupert’s construction projects facilitates port to port transportation – most economic mode of delivery• Highbank’s First Sales Contract JOC News Service image To West Fraser Concrete. 100,000 tonnes. Signed March 2012. 8
9. MAJOR PRINCE RUPERT-KITIMAT CONSTRUCTION PROJECTS TOTAL $80 BILLION (VANCOUVER SUN - SEPT. 2012)• 10 year expansion plan of Prince Rupert Port Authority - $1.3 billion Federal Initiative• Spectra – BG, 850-km pipeline project - $6-$8 billion• Canpotex potash terminal - $400 million• Watson Island Industrial Site Redevelopment - $90 million• Ridley Terminals coal expansion - $200 Vancouver Sun image million and $90 million road and infrastructure projects• Global TV video clip on multi-billion dollar projects in Prince Rupert-Kitimat http://tinyurl.com/9q4syyx 9
10. MAJOR PRINCE RUPERT-KITIMAT CONSTRUCTION PROJECTS – CONT.• Kitimat LNG and Pacific Trails pipelines• Shell Oil LNG facility - $12 billion• Apache Oil LNG facility - $5 billion• Region’s share of BC provincial govt’s $25 billion Pacific Gateway Transportation Strategy investment• Rio Tinto expansion of Alcan smelter - C$3.3 billion 10