DEERFIELD BEACH, Fla., Aug. 16, 2005 (PRIMEZONE) -- Halo Resources Ltd. (OTCBB:HLOSF) is new to StockMarketNewsAlert.com. Halo Resources Ltd. 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 three projects: Duport, which is an advanced stage gold project; Bachelor Lake, which is a gold exploration project; and a letter of intent regarding Quarter Moon, which is a grass roots gold project. 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.
According to D. Baker of SMNA, "Recent news flow from the company has been very positive. Halo Resources Ltd. has announced that it has augmented the Company's Advisor Board with the addition of Peter E. Dietrich. Mr. Dietrich holds degrees in Honors Geology from the University of Western Ontario, and an MBA from the University of Queensland, Australia. He has over 20 years of international experience in mine operations; project evaluation and development; and corporate strategy. He has worked for major mining houses including Cominco Ltd, Noranda Inc, Mount Isa Mines Ltd, and has consulted internationally to government and the private sector. Mr. Dietrich is currently Manager of Strategic Planning and Corporate Development with Inco Limited."
For further information visit www.stockmarketnewsalert.com or the company website: www.halores.com
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