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Golden Hope Mines Ltd. Announces Bulk Sample Results
from Bellechasse-Timmins Including 6.49 g/t over 6 metres and 3.37 g/t over 6 metres
at the 88 Zone.
March 4, 2011
TORONTO, ONTARIO-- Golden Hope Mines Limited (TSX
VENTURE:GNH)(OTCQX:GOLHF) is pleased to announce its bulk sample results on
the Bellechasse-Timmins mineralized zones.
During the Fall/Winter 2010/11 exploration campaign,
Golden Hope Mines Limited carried out a trenching and sampling program on the
T1 Zone, T2 B Zone, Ascot/Road Zone, and the 88 Zones. A total of 280 metres of trenching was completed in 16 individual
trenches: 5 trenches (84 metres) on the T1 Zone; 2
trenches (18 metres) on the Ascot/Road Zone; and 9
trenches (178 metres) on the 88 Zones.
The purpose for the 2010/11 bulk-sampling program of
the Bellechasse-Timmins mineralized zones was
threefold;
- to explore the 88 zones to
determine where the mineralization comes to surface
- to
broaden the sampling of the T1 Zone which was established at surface in
the 2009/10 campaign.
- to further investigate the
nature of the distribution of gold in the Bellechasse-Timmins
mineralized zones that the Company believes sampling of diamond drill
core alone considerably underestimate the average grade of the mineralised zones.
Please follow this link to view the full release:
http://goldenhopemines.com/_resources/news_releases/NR_2011_03_04.pdf
About Golden Hope Mines Limited:
Golden Hope is a mineral exploration company that
seeks to grow shareholder value through the acquisition, exploration and
development of potentially large-scale gold and base metal projects suitable
for underground and/or open-pit mining. The company's focus is in Quebec,
Canada. The Bellechasse gold project in
Southeastern Quebec includes the Timmins 1, Timmins 2 and Ascot gold zones,
the new FSG volcanic environment targets and a number of recently claimed
ultra basic/serpentine bodies. For further information on Golden Hope Mines
Limited please visit www.goldenhopemines.com.
Forward-Looking Information:
This release includes certain statements that may be
deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation activities
and events or developments that the company expects are forward-looking
statements. Although the company believes the expectations expressed in such
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may
differ materially from those in the statements. Various factors could cause
actual results to differ materially from those in forward-looking statements.
These include market prices, exploitation and exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and actual
results or developments may differ materially from those projected in the
forward-looking statements. For more information on the company, investors
should review Golden Hope's registered filings at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For more information, please contact:
Golden Hope Mines Limited
Frank Candido
President, Director
514-750-8218
416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
www.goldenhopemines.com
Public Relations
Canada:
Paradox Public
Relations
Corporate
Communications
1-866-460-0408
Investor Relations USA:
American Capital
Ventures
Richard Hull
305-918-7000
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