Highbank Resources Ltd.


TSX - "HBK"
12g3-2(b): 82-1508

July 12, 2005

"NEWS RELEASE"

PORTLAND CANAL - SWAMP POINT NORTH, PROJECT UPDATE

Highbank Resources Ltd. (“HBK”) is pleased to report the completion of the first stage of its Phase 1 work program.

This program consisted of taking approx. 12,000 lbs. of sample material from test pits over 20 ft. deep. The material was then shipped to Levelton Engineering of Richmond, who will perform the necessary test in accordance with the recognized Canadian Standards Association (“CSA”) and American Society for Testing and Materials (“ASTM”) standards for the evaluation of construction aggregates both in Canada and in the United States.

These results will be evaluated by Wardrop Engineering as part of the feasibility study.

***See Pictures***

ON BEHALF OF THE BOARD
Jake Bottay, President/Director

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