Halo Resources’ business strategy is to review, acquire, explore and develop mineral properties of merit in Canada with the greatest potential for value creation. Halo Resources is committed to developing value with open, transparent and fair reporting to a broad range of stakeholders, including shareholders, employees, government and the communities where we operate.

Halo Resources primary focus is to develop a mineable resource at the Sherridon Copper-Zinc Project by:

• Confirmation of the near-surface resources at Cold, Lost and Bob Lake deposits;
• Expansion of the indicated and inferred 43-101 resource tonnage at Jungle Lake;
• Commencement of scoping, metallurgical and environmental studies in 2008 to test the open pit potential of the existing closely-spaced deposits; and
• Continued exploration drilling at multiple, new high priority targets with the goal of making discoveries.

Halo Resources' growth strategy is to focus on the development of quality assets in significant geological areas and close to infrastructure, either alone or in joint venture.

The Sherridon VMS Property
The Sherridon VMS Property covers an area of over 20,876 hectares and hosts the past-producing Sherridon Mine that was operated by Sherritt Gordon Mines from 1933 to 1950 and produced 7.7 million tonnes of ore grading 2.46% copper and 0.8% zinc. Results from an airborne geophysical survey completed in the summer of 2006 identified an additional 122 targets. The property is located only 70 km northeast of the mining and metallurgical complex in Flin Flon operated by HudBay Minerals Inc. Future development of the property is facilitated by the presence of an all-weather road and railroad access as well as a power line and communications tower. [READ MORE]

For further information please click on each of the deposits below:
Bob Lake Deposit
Cold Lake Deposit
Jungle Lake Deposit
Park Lake Deposit
Lost Lake Deposit

West Red Lake Gold Property
The Halo-Goldcorp Joint Venture is exploring 15 sq. km.  located 25 km west of the Red Lake mines which have produced 25 million ounces of gold.  Relatively unexplored for 70 years, recent field programs identified samples with up to 172 g/t gold, 6% nickel and 2% cobalt coincident with geophysical anomalies.  [READ MORE]

Duport Gold
Located on Stevens Island in Shoal Lake, 45 km southwest of Kenora, Ontario, the property hosts a resource of 316,000 ounces of gold, based on 3.8 km of underground development and 81 km of core drilling. [READ MORE]

Management:

Lynda Bloom, President and CEO, M.Sc., P.Geo.
Ms. Bloom has 30 years of leadership experience in the mining industry, which includes responsibility for project generation, financing and regulatory compliance. After earning an M.Sc. at Queen's University in Geological Sciences, she gained experience as an exploration geochemist planning and interpreting geochemical surveys across Canada, and in many South American and African countries. She is recognized as a world expert on assay methods and has travelled extensively worldwide to review sampling and analytical procedures. Over the past 20 years, she has also acted as a consultant to some of the largest exploration and mining companies in the world including Barrick, Falconbridge, AngloAmerican and Cameco. She is a Director of the Prospectors and Developers Association of Canada and recently completed her term as Chair of the Canadian Institute of Mining and Metallurgy - Toronto branch. She also serves on several government advisory boards.

Marc Cernovitch, Chairman
Mr. Cernovitch studied Economics at McGill University. He started his career in the financial sector as a stockbroker and has lived and worked in Montreal, Calgary, Vancouver, New York and Toronto. Since leaving the brokerage industry, Marc has focused on corporate development, funding and building companies primarily in the resource and energy technology fields. He has a strong background in corporate governance and finance.

Tom H. A. Healy, Senior Vice President & COO, M.Sc., P.Eng.
Mr. Healy, a mining engineer, is a graduate of the University of Melbourne and holds a postgraduate degree from the Royal School of Mines. He has over 30 years of experience in open pit and underground mine design and operations, and in the management of base and precious metal, coal, oil sand, diamond and industrial mineral projects. Mr. Healy is also President of Kamcot International Ltd., an independent company providing management and engineering services to the international mining community.

Nick DeMare, CFO
Mr. DeMare holds a Bachelor of Commerce degree from the University of British Columbia and is a member in good standing of the Institute of Chartered Accountants of British Columbia. Since May 1991, Mr. DeMare has been the President of Chase Management Ltd., a private company which provides a broad range of administrative, management and financial services to private and public companies engaged in mineral exploration and development, gold and silver production, oil and gas exploration and production and venture capital.

Board of Directors:

Lynda Bloom, Director, President and CEO

Marc Cernovitch, Director and Chairman

Tom H. A. Healy, Director, Senior Vice President & COO

Nick DeMare, Director and CFO

William Lee, Director
Mr. Lee holds a Bachelor of Commerce degree from the University of British Columbia and is a member in good standing of the Institute of Chartered Accountants of British Columbia. In 1986, Mr. Lee held the position of Senior Audit Manager at Deloitte & Touche. He was the CFO of Jinshan Gold Mines Inc. from January 2006 to May 2008.  Since then he has been financial officer with control over several public and private companies. He has been a Consultant Financial Analyst from May 2008 to present.

Derek Cathcart, Director
Mr. Cathcart holds a CMA, B.A. & MBA from the University of Western Ontario and is Managing Partner of First Canadian Property Investments Ltd. and Principal of Cathcart & Associates.  From 1998 to 2005, Mr. Cathcart was a Partner of Capital Canada Limited, a recognized leader in providing investment banking services to predominantly mid-market companies.  Derek specialized in resource finance for 15 years as a successful investment banker at Toronto Dominion and ABN AMRO, with responsibility for project finance and relationship management.  Before becoming an investment banker, Derek held a number of senior financial management and planning positions at Abitibi-Price Inc. and Reed Paper Limited.  Mr. Cathcart currently serves on the University Health Network Research Ethics Board as well as the Ontario Cancer Research Ethics Board – Governance Committee.

Julie Lassonde, Director
Ms. Lassonde holds a Bachelor of Engineering degree from Queen’s University.  She has held various positions in the financial and engineering fields over the last 12 years.  Her experience, as an engineer with SNC-Lavalin to investment banker with Macquarie Bank Ltd. (Australia and the U.S.A.) brings the Company a deep understanding of mining transactions and evaluations.  Most recently Ms. Lassonde was President of Garson Gold where she assisted with financing, corporate restructuring, marketplace visibility, and finally its successful sale at a significant premium to markets.

Gary Ostry, Director
Mr. Ostry holds an Honours Bachelor of Science degree from the University of Manitoba and Bachelor of Laws degree from Queen’s University.  He has a unique background combining geology and law.  Gary’s career with the Manitoba Government began as a mineral deposits geologist and culminated in 15 years as Manager of Minerals Policy and Business Development.  He principally focused on strategies to attract mineral investment and development in the province through the enhancement of fiscal, policy and regulatory frameworks and retired in 2009.  He maintains an extensive network of contacts, within the provincial government and with companies interested in doing business in Manitoba.

Click here for investor information

Updated from Halo's website on the 4th October 2010