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BOOM:


HALO INITIATES METALLURGICAL TESTING



Toronto, Ontario, July 15, 2008 – Lynda Bloom, President and CEO of Halo Resources Ltd. (the “Company”) (TSXV:HLO; FSE:HRL) is pleased to announce initiation of metallurgical test work on its’ 100%-owned Cold and Lost Lake deposits.

Mineralized drill core and sample rejects have been sent to G&T Metallurgical Services Ltd., located in Kamloops, B.C., for a comprehensive metallurgical test program. The samples represent copper-zinc ore from within 150 m of surface from the two deposits. The test work will meet the requirements for developing a scoping level study for determining process requirements and establishing an anticipated metal recovery. The test work program will commence in July and is anticipated to be completed over a three month period.

In addition, spring run-off water sampling was completed to begin environmental baseline studies as part of an eventual permitting process. Water sampling, as well as biota studies, will be carried out seasonally throughout 2008.

A NI43-101 compliant report is in progress to report on resource calculations for Cold, Lost and Bob Lakes; a NI43-101 compliant resource calculation for Jungle Lake was reported in January 2008.

ON BEHALF OF THE BOARD

Lynda Bloom, President and CEO
 
aus der Diskussion: HALO RESOURCES LTD (GOLD / KUPFER / ZINK) Info Thread
Autor (Datum des Eintrages): gruenerteufel  (15.07.08 16:56:05)
Beitrag: 106 von 2,007 (ID:34512654)
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