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Highbank Resources (TSXV:HBK) announced it has signed a MOU to permit the Company to complete due diligence on a more than 1,000 ha potential aggregate property on Vancouver Island
Highbank Resources (TSXV:HBK) announced it has signed a MOU to permit the Company to complete due diligence on a more than 1,000 ha potential aggregate property on Vancouver Island.
As quoted in the press release:
The property is accessible by road and deep water shipping entry. The due diligence will allow Highbank to conduct preliminary assessment of the Claims by reviewing existing reports, data and mapping provided by the Vendor. The Company will undertake preliminary collection of market potential information related to rock and aggregate products; and will consult with Provincial, Federal, local governments and First Nations to ensure that there are no conditions that will preclude the creation and operation of mining and shipping facilities on the Claims. Highbank shall undertake to complete such review as quickly as possible and in any event prior to April 30, 2016.
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