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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.
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August 17, 2010:
Halo
Commences Field Work at West Red Lake
July 29, 2010:
Halo Exercises Option on
Tribute Bridget Lake Claims
June
9, 2010:
Halo
Announces Positive Drill Results for Middle Bay
June
4, 2010:
Halo Reports
High Grade Gold at Bridget Lake
December 10, 2009:
Halo Announces up to
5.6% Copper and 204 g/t Silver from Bridget Lake
Gold Zone
December 9, 2009:
Halo Announces High
Grade Gold Results at West Red Lake
September 8, 2009:
Halo Amends Option
Agreement with Goldcorp
July 22, 2009:
Halo Commences Work at
West Red Lake
April 1, 2009:
Halo Reports Up to 20 g/t
Gold at Bridget Lake, West Red Lake
December 4, 2008: Halo Reports Gold
Mineralization in 50 m-Zone at
Bridget Lake
November 28, 2008: Halo Reports Preliminary Drill Results for
West Red
Lake
October 27, 2008: Halo Finalizes Option Agreement
with Tribute on Bridget Lake Property
July 29, 2008:
Halo Further Consolidates West Red Lake Properties
More
about
Gold and Copper |
 
 
During October 2006, Halo commenced a
mapping, sampling and prospecting program
focused on the Middle
Bay-May Spiers area with the objective of
developing an understanding of the
geological setting and to confirm the presence of gold mineralization west of
Middle Bay. Sampling of old trenches located
between the historic
Miles Red Lake showing and the May-Spiers
deposit successfully confirmed the presence
of significant gold, silver and copper
mineralization and the results of a whole
rock geochemistry program confirms the
favorability of the underlying geology for
the discovery of these metals. For example,
a sample collected near the 9-44 “shaft”
located in the center of the Halo property
returned 81 g/t Au, 100 g/t Ag and 4.61% Cu
over a width of 0.7 m.
Under the terms of an option agreement with
Goldcorp, Halo can earn a 60% interest in 67
mining claims, a 45% interest in two
mining claims, and a 30% interest in ten
mining claims by December 31, 2008.
  
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