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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Re: Update

in response to Update by Z060-0

posted on Feb 09, 09 03:23AM

Dear shareholder,

Thank you for your inquiry. The La Yesca project is somewhat isolated and when operational issues like bulldozer breakdowns occur in Mexico as have been experienced can adversely affect timelines. Repairs that we are accustomed to taking days in Canada can take weeks in an isolated area of Mexico. Some of the operational issues concerning the new tailings containment pond that have occurred in the last 8 weeks are mechanical issues with the bulldozer itself, operator injury, Christmas down time, re-assignment time to moving and sampling of the existing tailings pile for production planning purposes, etc.

The bulldozer is now back on the assignment of creating the new tailings dam. The material to excavate to create the tailings pond has been more difficult than anticipated but progress towards completion is made every day.

Regards,

AGORACOM Investor Relations

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