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Highbank Resources – Advanced Aggregate Gravel Exploration in Canada "Digging into our Past to bring Prosperity to YOUR Future"

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1. Loadout Location > Donahue Creek OCTOBER 2014 1 This document contains certain forward-looking statements and information relating to Highbank that are based on the beliefs of management as well as assumptions made by and information currently available to management. When used in this document, the words "anticipate," "believe," "estimate," "expect," and "intend" and similar expressions, as they relate to Highbank or its management, are intended to identify forward-looking statements. Such statements reflect the current view of Highbank respecting future events such as the antcipated completion of certain Prince Rupert-Kitimat construction projects, the company’s ramp-up schedule, various stages of financing by the company, completion of stage two and any production estimates, the company’s use of proceeds calculation, projected cashflow forecasted revenue and production dates, revenue and profit, and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended.

  • 2.  East side of Portland Canal fjord on protected, year round ice free tidewater  Site access by helicopter, float equipped aircraft, or boat  78 miles by water, south to Prince Rupert and 38 miles north to Stewart  Importantly only 35 miles south by water, to Grassy Point, site of proposed LNG Terminal/Plants 2
  • 3. Swamp Point 3
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  • 6. Sector: Resources Property Type: Construction Aggregate Stock Market Symbol: TSX.V: HBK; Frankfurt: V7O 52-Wk Trading Range: C$ 0.05 - C$ 0.38 Shares I&O: 85,577,749 (Sept, 2014) Market Capitalization: C$25.6 million (approx.) 6
  • 7. Athabasca Minerals TSX.V: ABM Price: $2.31 52-Wk Range: $1.02 -$3.20 Market Cap: $77.3 million Polaris Minerals (TSX: PLS) Price: $2.22 52-Wk Range $1.38 - $3.20 Market Cap: $192.3 million 7
  • 8.  Sand, gravel, crushed stone essential for road building and concrete for commercial operations  Aggregate is the world’s most mined material next to oil. 2012 global sales revenues were est. at $99 billion, an increase of 41% from 2010 est. sales of $70 billion http://ow.ly/oaQzb  Annual Canadian consumption of aggregate 10 to 15 tons per person  BC Production was 38 million tonnes in 2010 valued at C$322million  BC Production expected to considerably exceed previous years 8
  • 9.  All permits, licences and approvals obtained  Approx. $5.3 million of capitalized costs  Proximity to LNG and pipeline projects – high demand for aggregate  72 million tonnes - NI 43-101 compliant resource  First sales commitment received, other bids placed for supply  Cooperative agreement in place with First Nations  Processing Equipment on site and site preparation underway  Near-term production, barge loading facility under construction  Land position increased from 51 to 174 Hectares (all in good standing) 9
  • 10. 10 Classification Tonnes Measured 62,936,877 Indicated 8,775,166 Measured and Indicated 71,712,043 Inferred 2,246,464
  • 11.  PRINCE RUPERT AREA – HAS LIMITED SUPPLIES OF QUALITY SAND AND GRAVEL  HIGHBANK’S SWAMP POINT DEPOSIT MEETS SPECIFICATIONS FOR CONSTRUCTION AGGREGATE  NEAREST, LARGEST AND MOST ACCESSIBLE SOURCE WITH LOW COST TRANSPORTATION  72.0 MT RESOURCE @ $30/t = $2.1 BILLION ASSET  PRICE RANGE $30 - $35 / Tonne 11
  • 12.  Primary Target Region Prince Rupert-Kitimat, B.C. and Alaska  Competitive Advantage Proximity to the Port of Prince Rupert’s construction projects facilitates port to port transportation – most economic mode of delivery  Strategic location to supply Grassy Pt. and proposed pipelines  Highbank’s First Sales Contract To North Coast Concrete. 150,000 tonnes. Signed March 2014. 12 Proposed Off –Loading site at Ridley Island
  • 13.  10 year expansion plan of Prince Rupert Port Authority - $1.3 billion Federal Initiative  Spectra – BG, 850-km pipeline project - $6-$8 billion  Canpotex potash terminal - $400 million  Watson Island Industrial Site Redevelopment - $90 million  Ridley Terminals coal expansion - $200 million and $90 million road and infrastructure projects  Global TV video clip on multi-billion dollar projects in Prince Rupert-Kitimat http://tinyurl.com/9q4syyx 13 Canpotex Potash Export Terminal
  • 14.  Exxon Mobile Imperial Oil export, permit filed for terminal at Grassy Point (38 miles from Swamp Point)  Region’s share of BC provincial govt’s $25 billion Pacific Gateway Transportation Strategy investment  Pacific North West LNG Terminal $9 - $11 Billion  See Invest in Northwest http://investnorthwestbc.ca 14
  • 15.  Site preparation complete October and Plant installed – stockpiles of aggregate being prepared for shipping  Pilings for loadout complete October 2014  Conveyors installed on pilings October/November  Loading first barge for shipment to Prince Rupert October/November 2014  Initial mining phase at rates of up to 235,000 tonne per year 15
  • 16.  Initiate Environmental Impact and associated studies for unlimited production January – July 2015  Assess requirements for plant expansion April/May 2015  Install new conveyor from plant to load-out conveyor  Commence plant scale-up and determine additional equipment requirements  Year 2015/16 Full Scale production 16
  • 17. Source of Funds Financing (Conv. Debt & equity) C$6.0 – C$7.5 million Use of Funds Swamp Point North Capital & Start-up Costs C$5.3 – C$5.8 million General Working Capital C$ 500,000 Total C$6,300,000 17
  • 18. Inflows  C$ 4.5 million financing, Q2 – Q4 2014  C$ 2.7 million exercise of $0.10, $0.12, $0.15 warrants & options, Q1-Q4 2014  C$3.05 million in aggregate sales, less C$328,000 royalties, from sale of 115,000 tonnes in 2014 Outflows*  C$5.3 million on start-up capital costs & capital costs  C$2.01 million of operating expenses from production of 115,000 tonnes  C$480,000 for Highbank overhead expenses *excluding interest payments and taxes ** Company will update Cash Flow projections on our Swamp Point North project upon initial commercial shipments. 18
  • 19. Production Years 2014/2015  115,000 tonnes 2014  810,000 tonnes 2015 $27.5 million per year in revenue (@ $34/tonne). Assumes expansion in latter half of the year  $11.7 million per year in operating profit* *prior to interest, Highbank overhead, taxes Potential Production By 2016 (includes expansion)  1,170,000 tonnes per annum  $39.8 million per year in revenue ($34/Tonne)  $16.9 million per year in operating profit * * prior to interest, Highbank overhead, taxes 19
  • 20.  Victor N. Bryant, I.Eng; MAusIMM, President/CEO/Director 40+ years mining experience incl. with Major Mining Companies  Gary Musil, Secretary/CFO/Director 30 years financial and management consulting experience  Stan Spletzer, VP of Aggregate Operations 30 years contracting experience incl. for Canfor, Houston Forest Products, and BC Ministry of Forests  Luard J Manning, P.Eng (Mining) Director 50 years mining experience as a consultant and as President of L.J. Manning and Associates since 1967  Jim Place, P. Geo; & Director 25+ years with BC Government, engineering and consulting companies including Levelton, and quarry evaluations  William (Bill) Loucks , CPA, CA, CFP & Director 25+ years providing audit, accounting, tax & consulting services 20
  • 21. #600 - 625 Howe Street, Vancouver, B.C. V6C 2T6 Victor Bryant CEO/President/Director Gary Musil, CFO, Secretary/Director t. (604) 683-6648/f. (604) 683-1350 highbank@telus.net www.highbankresources.com This document contains certain forward-looking statements and information relating to Highbank that are based on the beliefs of management as well as assumptions made by and information currently available to management. When used in this document, the words "anticipate," "believe," "estimate," "expect," and "intend" and similar expressions, as they relate to Highbank or its management, are intended to identify forward-looking statements. Such statements reflect the current view of Highbank respecting future events such as the antcipated completion of certain Prince Rupert-Kitimat construction projects, the company’s ramp-up schedule, various stages of financing by the company, completion of stage two and any production estimates, the company’s use of proceeds calculation, projected cashflow forecasted revenue and production dates, revenue and profit, and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. 21
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