That'll work. Another good way to utilize hickory bark is to take the thin bark from a small 2"-3" sapling, cut it into inch-wide strips, and weave a quiver like a basket. You can scrape off some of the outer layer and it will be more flexible. Hickory bark is good stuff, tough and flexible. It makes good lacings and cordage, too. You can take thin strips of the inner bark and use it to sew up the side of you piece of bark you have now.