HIGHBANK TERMINATES OPTION ON HIGHLAND VALLEY PROPERTY

Vancouver, B.C. – December 10, 2012 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company"), has terminated its option with MOAG Copper Gold Resources Inc. ("Moag") to acquire an interest in the Highland Valley, B.C. property.

The Company will concentrate its efforts and focus on the development of its Swamp Point North aggregate deposit.

On behalf of the Board of Directors of

HIGHBANK RESOURCES LTD.

"Victor N. Bryant"

Victor N. Bryant,

CEO/President

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.