As you all know here at PDL, Douchane is a seriously heavy hitter. So when he puts his name on something, it is a pretty good vote of confidence.
Even if GNH can’t drill in the 2 meters of snow, they are working away.
Obviously he thinks there is some serious potential at GNH, look at his current and previous envolvements…. WOW!
Best of luck to all.
TORONTO, ONTARIO--(Marketwire - April 10, 2008) - Golden Hope Mines Ltd. (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce the appointment of Andre J. Douchane to the Board of Directors, effective immediately.
Mr. Douchane has more than 35 years of mining industry experience at all levels. He is currently President and CEO of Starfield Resources Inc., Chairman of the Board and former President and CEO of North American Palladium Ltd., and a member of the Board of Directors of Osisko Exploration Ltd.
From 1996 to 2001 Mr. Douchane was Vice President Operations for Franco-Nevada Mining Corporation. During that time, Mr. Douchane's responsibilities included assembling and directing the team that designed, developed and managed Franco-Nevada's high grade underground gold mine and mill in Midas, Nevada. Previously, Mr. Douchane was President and CEO of Chief Consolidated Mining Co., Vice President Operations of Franco-Nevada Mining Corporation and Battle Mountain Gold, President of Battle Mountain North America and Vice President and General Manager of Round Mountain Gold Company.
Mr. Douchane holds a Baccalaureat in Mining Engineering from the New Mexico Institute of Mining and Technology and is a graduate of the Executive Business Program of the Kellogg School of Management of Northwestern University.
"We welcome Andre to our Board and look forward to working with him to grow the company," said Louis Hoel, President of Golden Hope. "His management experience and technical expertise will be invaluable as we bring together an outstanding team of professionals and build a great portfolio of assets."
The Board has granted incentive stock options to Mr. Douchane to purchase 200,000 common shares of Golden Hope at a price of $0.35 per share for a period of three years ending April 10, 2011.
Mr. Douchane replaces Robert MacGregor, P.Eng., who has stepped down to pursue other interests. The Board thanks Mr. MacGregor for his many years of valuable service and wishes him success in his future endeavors.
About Golden Hope
Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold, silver and base metal projects suitable for underground and/or open-pit mining. The company's two areas of interest are located in Quebec, Canada and Maine, U.S. The Bellechasse gold project in Quebec includes the Timmins and Ascot gold zones, the Coucou volcanic target and a number of newly claimed serpentinite geological formations. For further information on Golden Hope, 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. Factors that 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 registered filings at www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Golden Hope Mines Ltd.
Louis Hoel
President
(416) 365-3509
(416) 864-0175 (FAX)
Email: info@goldenhopemines.com
Website: www.goldenhopemines.com
