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Message: Golden Hope Intersects 4.39 g/t Au Over 33 Metres and 1.07 g/t Au Over 91 Metres

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Golden Hope Intersects 4.39 g/t Au Over 33 Metres and 1.07 g/t Au Over 91 Metres

posted on Feb 08, 12 10:01AM

Golden Hope Mines Limited TSX VENTURE: GNH Pink Sheets: GOLHF announced further significant results from its Fall 2011 Drill Campaign in southeastern, Quebec. The company received results from 6 holes including BD2011-168 to BD2011-173.

Result highlights from the 6 latest holes are presented in the table below.

Hole Number From (m) To (m) Length (m) Au (g/t)
BD2011-170 10 101 91 1.07
Including 10 20 10 2.47
Including 28 35 7 4.25
Including 41 55 14 1.67
Including 88 101 13 0.63
BD2011-170 136 147 11 0.90
BD2011-170 286 297 11 0.47
BD2011-171 15 48 33 4.39
Including 15 19 4 2.21
Including 35 44 9 14.54
BD2011-171 361 366 5 1.54
BD2011-171 400 413 13 0.58
BD2011-172 114 122 8 0.63
BD2011-172 164 185 21 0.93
BD2011-173 23 83 60 0.90
Including 23 31 8 0.94
Including 47 61 14 2.80

The lengths are core length and the assays are uncut.

"Once again, we are extremely pleased with these latest drill results. The near surface significant gold values are most encouraging. These results continue to provide us with valuable information in our continued effort to define this very exciting gold deposit in Southeastern Quebec" states Frank Candido, President, Golden Hope Mines Limited.

About Golden Hope Mines Limited:

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 and base metal projects suitable for underground and/or open-pit mining. The company's focus is in southeastern Quebec, Canada. The company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area. The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B, Ascot/Road gold zones, and eight known parallel gold-bearing breccias in the adjoining 88 Diorite. The company is also working to develop other targets within its claim blocks including the FSG gold and base metal target, Chute du Bras, the LG showing, Moose Cliff, and Talon. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.

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