Highbank Resources Ltd. (TSXV:HBK,FWB:V7O) has signed a memorandum of understanding with Hobiyee-Matrix Logistics and Hobiyee Management Ltd. following a meeting with the companies and the Nisga’a Nation. As part of the agreement, HML will aid in facilitating a relationship between Highbank and the the Nisga’a Village of Gingolx in British Columbia. Highbank also announced that it has received approval for a barge facility from Fisheries and Oceans Canada.

As quoted in the press release:

On April 22, 2014, Highbank received written notice from Fisheries and Oceans Canada, that they have accepted our December 4, 2013, proposal to “Construct a barge loading facility, comprised of barge moorage, barge mooring dolphins and a pile supported aggregate conveyor, and barge landing ramp on Portland Canal”. The acceptance was received from the Pacific Biological Station, Fisheries Protection Program, Pacific Region – Nanaimo, B.C. On April 28, 2014, Highbank received verbal confirmation from the Canadian Coast Guard that the Nisga’a has no conditions as to the traversing of its traditional marine areas as a result of Highbank’s barging activity.

Highbank CEO, Victor N. Bryant, said:

Highbank is in the final stages of achieving all other NoW permit requirements which will enable Highbank to commence site work this month, prior to production.

Click here to read the Highbank Resources Ltd. (TSXV:HBK) press release

See this press release on Marketwire
Click here to see the Highbank Resources Ltd. (TSXV:HBK) profile.