UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of SEPTEMBER, 2007.
Commission File Number: 0-30196
HALO RESOURCES LTD
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(Translation of registrant's name into English)
#1305 - 1090 West Georgia Street, Vancouver, British Columbia, V6E 3V7, Canada
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F: FORM 20-F [X] FORM 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): _______
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): _______
Indicate by check mark whether the registrant by furnishing the information
contained in this Form, is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES [ ] NO [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3- 2(b): 82-_____________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned, thereunto duly authorized.
HALO RESOURCES LTD.
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Date: September 25, 2007 /s/ Marc Cernovitch
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Marc Cernovitch
Chairman
HALO RESOURCES LTD.
#2900A - 25 KING STREET
YORK, ON M9N 1K8
TEL: (416) 368-7045 FAX: (416) 368-9805
TSXV SYMBOL: HLO OTCBB SYMBOL: HLOSF
FRANKFURT EXCHANGE: HRL
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HALO DRILLING COLD LAKE DEPOSIT, SHERRIDON, MANITOBA
TORONTO, ONTARIO, SEPTEMBER 25, 2007 - LYNDA BLOOM, PRESIDENT AND CEO OF HALO
RESOURCES LTD. (TSX:HLO; OTC.BB:HLOSF; FSE:HRL) is pleased to announce that Halo
Resources Ltd. has commenced drilling at the Cold Lake copper-zinc deposit on
its 200 square km Sherridon VMS Property in the Sherridon - Flin Flon area of
Manitoba. Drilling of the known deposits and mineral occurrences on the
Sherridon VMS Property is part of the planned 30,000 metre drill program
designed to confirm results identified by earlier work and to explore for
extensions to the known deposits. The preliminary program on the Cold Lake
copper-zinc deposit will consist of 2,500 metres of drilling in 15 holes.
"The Cold Lake deposit is the fourth known deposit that we will have drilled on
the Sherridon VMS Property. All of these deposits lie within a few kilometers of
each other and very close to the past producing Sherritt-Gordon mine at
Sherridon. The close proximity of these deposits further improves the economics
of a potential mining scenario at Sherridon", said Lynda Bloom, President & CEO.
Discovered in 1928 by Cold Lake Mines Limited, the Cold Lake deposit is now
fully owned by Halo Resources.
Based on limited drilling in the 1960s, the Cold Lake copper-zinc deposit has
been described as a massive sulphide lens consisting of pyrrhotite and pyrite
and lesser amounts of sphalerite and chalcopyrite. It has a known northwest
strike length of 180 metres and a true width of 3 metres. The Cold Lake deposit
is hosted by similar rocks to that of the past- producing Sherrit-Gordon
copper-zinc mine located only 1.5 kilometres to the south.
The objectives of this drill program are to confirm historical grades such as
1.1% copper and 4.5% zinc over 4 m at shallow depths and test potential at depth
and along strike. Geophysical targets generated from the 2006 airborne survey
500 m south of the known mineralization will be drilled as part of the Cold Lake
Extension drill program.
ON BEHALF OF THE BOARD
/s/ Lynda Bloom,
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President and CEO
For further information, please contact:
Lynda Bloom, President & CEO or Marc Cernovitch, Chairman
Halo Resources Ltd.
Tel: 416-368-7045 Fax: 416-368-9805
Toll Free: 1-866-841-0068 lbloom@halores.com
ABOUT 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%
-2-
zinc and six other known deposits and zones of mineralization. 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.
ABOUT HALO RESOURCES LTD.
Halo is a Canadian-based resource company focused on the acquisition of near
production base and precious base metal deposits. Currently the Company owns or
has an interest in 3 projects: Duport, which is an advanced stage gold project;
West Red Lake, which is a gold exploration project, and the Sherridon VMS
project that is a combination of mature and grassroots volcanogenic massive
sulphide (VMS) copper, zinc and gold exploration opportunities. The Company is
operated by an experienced management team and backed by a strong network of
mining financiers. The Company's growth strategy is to develop a diversified
portfolio of advanced mining projects.
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release. Except for historical statements contained herein,
this news release presents "forward looking information" within the meaning of
applicable Canadian and United States securities legislation. Forward-looking
information includes, but is not limited to, information with respect to future
exploration activities. Forward-looking information can frequently be identified
by words such as "plans", "expects", "estimates", "forecasts", "intends",
"anticipates", or "believes", or the negative thereof, or other similar words
and phrases or state that certain actions, events or results "may", "could" or
"might" occur or be achieved. Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Halo to be materially
different from those expressed or implied by such forward-looking information,
including but not limited to: risks related to joint venture operations; changes
in project parameters; fluctuating metal prices; possible variations in ore
reserves, grade or recovery rates; the possibility of project cost overruns or
unanticipated costs and expenses; failure of equipment or processes to operate
as anticipated; accidents, labour disputes and other risks of the mining
industry, and delays in obtaining governmental approvals or financing. Although
Halo has attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue
reliance on forward-looking information. Halo does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.