Manitoba Mining Information

Halo mine has more zinc and copper than first thought

June 30 2008

Canadian base metals and gold miner Halo Resources said that it has discovered more zinc and copper deposits at its Sherridon Bob Lake mine than originally thought.

Halo Resources said that its drilling at the Manitoba based mine uncovered a major massive sulphide deposit with widths of over 75 meters and a thickness ranging from 5 to 33 meters, extending about 1,000 meters from the surface.

Mr Lynda Bloom CEO of Halo said that “The Bob Lake massive sulphide lens has shown remarkable consistency in grade and continuity but previously the best Halo intersection was 1.7% copper and 1.5% zinc over 16.4 meters. This latest intersection is twice as thick and has a core of 10.4 m grading 1.9% copper and 2% zinc.”

Mr Bloom added that the area’s shallow plunge means a large part of the deposit is fewer than 200 m below the surface and can likely be extracted via open pit mining.

Halo Resources Website