An aggregate developing and producing company in northwestern British Columbia.
Highbanks' NI 43-101 compliant, measured and indicated- 71,712,043 ton construction aggregate (sand and gravel) resource is the largest, nearest most accessible quarry (barging a fraction of the cost of trucking same tonnage) to the proposed massive infrastructure projects at Grassy Point LNG, The Port of Prince Rupert, the Port of Stewart & Kitimat.
May 2015 Preliminary Economic Assessment values the asset at $24.3M with 8% discount to projected cash flows.
Highbank is continuing expansion of its Swamp Point North location and has commissioned all site equipment and barge load-out facilities to commence production.
Highbank Resources Ltd. holds a 1% NSR royalty interest in the Murvey and Mace molybdenum (“moly”) Prospecting Licenses located in the County of Galway, Republic of Ireland.
Focused expanding production to fulfill further infrastructure and expansion in the Port of Prince Rupert and nearby area (ie. Grassy Point) and the construction sites of the LNG plants, terminals, pipelines, etc.
Increasing production to meet the expansion in the Pacific Northwest, reducing operating costs and potentially issuing dividends to shareholders will bring appreciation and increased value to the share price, and shareholders.