Zitat von Robert023: Halo Grants HudBay One Year Extension
TORONTO, ONTARIO -- (Marketwire) -- 11/01/12 -- Marc Cernovitch, President and CEO of Halo Resources Ltd. ("Halo", the "Company") (TSX VENTURE: HLO)(FRANKFURT: HRLN), reports that Halo has recently granted HudBay Minerals Inc. (TSX: HBM) a one year extension for all remaining cash payments and exploration commitments under the West Sherridon option agreement. HudBay advised Halo that it has not yet received the permits required to complete the first year of exploration commitments under the agreement. The extension was granted to provide HudBay with additional time to secure the required permits and commence exploration of a number of promising targets.

Under this agreement, HudBay proposes to test for a mineable copper-zinc deposit focusing on two areas adjacent to the historic East and West Sherridon Mines. The proposed $1.5 million exploration program was originally planned to commence in the fall of 2012 but this amendment to the option agreement allows HudBay to defer the commencement of drilling to the winter months of 2013 and minimize potential environmental impact.

ON BEHALF OF THE BOARD OF DIRECTORS

Marc Cernovitch, President & CEO