Emerging producer of Gold and Silver in Mexico

Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.

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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: New mill

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Re: New mill

in response to New mill by Z060-0

posted on Jan 16, 09 12:08PM

Dear shareholder,

Thank you for your inquiry. The majority of the mill is complete, but through test runs it was discovered that the ball mill in place was not providing the grind size required for adequate recovery of metal from the tailings. The grind size could not be predicted without live testing which was done as soon as possible.

A larger ball mill has been purchased and grind recovery tests are being re done at SGS laboratory in Durango with the specific grade and feed size actually encountered during test run, this ball mill is presently being shipped and reconstructed at the site.

The Bulldozer building the new tailings facility has had two mechanical breakdowns and Christmas break caused an anticipated delay.

The bulldozer has also been assisting in further sampling of the existing tailings pond and has not been 100% dedicated to construction of the new tailings pond although work on the new pond is well underway.

Regards,

AGORACOM Investor Relations

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