Highbank Resources Ltd.

Highbank Resources Ltd.

February 21, 2012 09:00 ET

Highbank Appoints Vice President of Aggregate Operations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2012) - Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O) (the "Company") is pleased to announce the appointment of Stan Spletzer, as Vice President of the Aggregate Operations.

Mr. Spletzer brings to the Company 30 years of contracting experience working with enterprises such as Canfor and Houston Forest Products, and the B.C. Ministry of Forests. The basis of these contracts (durations up to 13 years) range from logging, aggregate and road building, silviculture (mechanical site preparation), and various other levels of construction and forestry related jobs. These contracts involved managing as many as 90 employees. He has worked with First Nations in Northern B.C. employing up to 20 band members for 9 years.

Recently, Mr. Spletzer has worked through the process of turning a sensitive 33 acre pasture into a functioning gravel operation in the Fraser Valley, and presently holds haulage and crushing contracts with a British Columbia mining company.

Mr. Spletzer's services will include, but not limited to the following:

  • To develop the north Swamp Point aggregate deposit with all necessary equipment, subcontractors, and secure barging and other operations to successfully load and deliver to nearby ports and other locations;
  • To act as the Company's Northern Coastal British Columbia representative with a mandate to negotiate profitable partnerships between First Nations groups and others (regarding training and employment), and to secure contracts to provide aggregate for upcoming major expansion projects in the north such as the Port of Prince Rupert and Kitimat, as well as other aggregate consumers in North America.

On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.

Jake Bottay, President and CEO

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.

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