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 JANUARY, 2008.
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: January 15, 2008 /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 REPORTS MASSIVE SULPHIDE LENS OVER 1000M AT BOB LAKE
TORONTO, ONTARIO, JANUARY 15, 2008 - LYNDA BLOOM, PRESIDENT AND CEO OF HALO
RESOURCES LTD. (THE "COMPANY") (TSXV:HLO; OTC.BB:HLOSF; FSE:HRL) is pleased to
announce results for drilling at the Bob Lake deposit, at the Sherridon VMS
property, northwestern Manitoba. The continued drilling at Bob Lake was
primarily designed to test continuity of the 1,000 m long massive sulphide zone
that plunges at 11 to 15 degrees from surface to depths of 250 m.
HIGHLIGHTS
o Halo intersect 15m of 1.4% copper and 1.8% zinc at 177m in DH07-63
o Drill hole spacing at 50m along 1000 m down plunge extent of Bob massive
sulphide lens shows continuity
Lynda Bloom, President & CEO stated "We continue to be impressed with the widths
of 5 to 17 m that have been intersected and the consistency of the grades,
especially copper grades over 1%. Our intention is to complete sufficient
drilling at Bob Lake to test the geometry of the orebody and advance to a 43-101
compliant resource estimate. The massive sulphide lens has now been tested at
approximately 50 m intervals over a length of 1,000 m and is still open at
depth. With the onset of winter, we can return to drilling the deeper extensions
that were previously inaccessible."
After a short Christmas break, two diamond drill rigs have recommenced
round-the-clock drilling. Numerous drill targets will be tested at Cold Lake,
Bob Lake, Jungle Lake as well as several new high priority exploration targets
through the winter season.
TECHNICAL HIGHLIGHTS
Results from six drill holes, for a total of 1,036 m, are reported in the assay
table below. Drill hole DH07-63 tested the down plunge extension of a thicker
part of the lens which had been intersected in previous drill holes (DH07-11 and
12). The geometry of the "bulge", a feature that appears to be injected into the
hangwall, is of interest as Sherritt Gordon reported 25% of the massive
sulphides in the past producing East and West Mines were associated with similar
features. DH07-62 was drilled to provide drill hole spacing of approximately 50
m over the entire distance tested from surface and down plunge along the Bob
Lake massive sulphide lens, which is still open at depth.
Drill holes DH07-64 through DH07-67 were all drilled to confirm vertical holes
completed in the 1940s by Sherritt Gordon. The assays for 70 shallow holes
drilled by Sherritt Gordon in 1941-1942 constitute an important proportion of
the Bob Lake database; the good correlation between the historical and current
drilling allows the historical mineralized intersections to be incorporated in
future resource models.
-2-
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DIP/
HOLE AZIMUTH FROM TO INTERVAL COPPER ZINC SILVER GOLD
(m) (m) (m)* (%) (%) (g/t) (g/t)
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DH07-62 -61/225 176.9 191.6 14.7 1.43 1.57 10.4 0.32
DH07-63 -76/225 86.3 103.1 16.8 1.25 1.57 8.2 0.15
DH07-64 -90/0 107.5 114.5 7.0 1.41 1.97 11.8 0.24
DH07-65 -90/0 103.9 112.0 8.1 1.19 0.99 8.9 0.27
DH07-66 -90/0 103.3 107.8 4.5 1.36 2.09 9.0 0.47
DH07-67 -64/225 110.1 115.0 5.0 1.25 0.96 7.8 0.24
* Widths may be overstated by up to 20% in steeply dipping holes.
[GRAPHIC OMITTED][GRAPHIC OMITTED]
Omitted graphic is schematic drawing showing Drill Hole Pierce Points
To view please see attached PDF of this news release.
Sampling, assaying and quality control procedures are consistent with those
reported in the Technical Background of the press release issued February 15,
2007. The above information has been prepared under the supervision of Steve
MacConnell, who is designated as a "Qualified Person" with the ability and
authority to verify the authenticity and validity of the data.
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;
Red Lake, which is a gold exploration project, and the Sherridon 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.
-3-
ON BEHALF OF THE BOARD
Lynda Bloom, 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
________________________________________________________________________________
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release. This news release presents "forward looking
information" within the meaning of the applicable Canadian securities laws that
involve inherent risks and uncertainties. Forward-looking information includes,
but is not limited to, information with respect to the proposed private
placement. Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "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 financings; risks related to the integration of
acquisitions; risks related to joint venture operations; actual results of
current exploration activities; actual results of current or future reclamation
activities; conclusions of economic evaluations; changes in project parameters
as plans continue to be refined; future prices of gold and other minerals and
metals; possible variations in ore reserves, grade or recovery rates; 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 or in the completion of development or construction
activities. Although the management and officers of Halo Resources Ltd. believe
that the expectations reflected in such forward-looking information are based
upon reasonable assumptions and have attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, 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 referenced herein,
except in accordance with applicable securities laws. Trading in the securities
of Halo Resources Ltd. should be considered highly speculative.