Vancouver, B.C. – August 6, 2013 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company") is pleased to report on the progress of its resubmission of documentation for its Notice of Work Permit for the Swamp Point North, Portland Canal Aggregates project.
Archaeological Preliminary Field Reconnaissance
On July 26, 2013 Kleanza Consulting Ltd. ("Kleanza") of Terrace conducted an archaeological preliminary field reconnaissance ("PFR") of the Phase 1 development area for Highbank’s proposed Swamp Point North aggregate quarry development (the "Development Area"). Stephanie Huddlestan, Archaeologist of Kleanza; Colleen Wesley (Metlakatla First Nation), and Anthony Moore, Lands Officer (Nisga’a Lisims Government) were on-site to conduct the PFR. Gary Musil, CFO and Jim Place, P.Geo.,/Directors of Highbank also accompanied the crew during the site visit.
The purpose of the PFR was to identify if there was any areas of archaeological potential within the proposed Development Area ("DA") in respect to culturally modified trees ("CMT’s"), sub-surface deposits, midden exposure, rock shelters, pictographs and petroglyphs.
A flyover was first conducted to identify areas for the survey and access to the DA. It was determined that it was possible to access the site from the beach and old access/logging road that was expanded during the 2005-2006 seismic refraction survey, test pits and sonic drilling programs.
Kleanza reported: "No archaeological materials, features or areas of archaeological potential were identified within the Development Area. No further archaeological survey or monitoring work is recommended for the proposed DA, provided Highbank does not significantly amend the DA boundaries". The notes and map data collected during the PFR will be subject to further analysis, and a letter report will be prepared detailing the results. This letter report will be provided to Highbank Resources Ltd., Metlakatla and Nisga’a First Nations, Archaeology Branch of the Ministry of Forestry, Land, and Natural Resource Operations, and the Ministry of Energy and Mines ("MEM").
Mine and Management Plan
DMT Geosciences Ltd. (formerly Associated GeoSciences), with the assistance of Mr. Eric Beresford, P.Eng., has now provided Highbank with a revised mine and management plan. The text and maps/drawings encompasses the scope of work discussed and addresses the concerns raised by MEM. Micon International Limited is reviewing and compiling all the data and will be preparing the revised Notice of Work ("NoW") application for submission shortly.
On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.
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