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HI.V ·

Highland Signs LOI for Copper Properties

Mergers & Acquisitions

HIGHLAND RESOURCES INC.

News Release

Highland Signs LOI for Copper Properties

January 5, 2011 HI- TSXV

Vancouver, British Columbia – Highland Resources Inc. (the “Company”) is pleased to report that it has signed a non-binding Letter of Intent for the acquisition of an interest in and development of certain copper resources located in Keweenaw and Houghton Counties, Michigan.

The transaction is subject to, among other matters, the execution of a definitive agreement, receipt of certain third party consents, and receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed “Robert Eadie”

Robert Eadie, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-602-4935 Facsimile: 1-604-602-4936 Website: www.highlandresources.ca Contact: Robert Eadie

Neither the 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.

750 - 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone: (604) 602-4935 Fax: (604) 602-4936