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: Shareholder pleads; "No wiggle room this time please"

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StevieRay

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Re: Shareholder pleads; "No wiggle room this time please"

in response to Shareholder pleads; "No wiggle room this time please" by AafabVentures

posted on Feb 03, 10 04:15PM

Aafab

For the time being, I wouldn't be too concerned about them developing an exploration plan for the Xora claims. They just want to have a plan in place for when actual production at the mill commences. I believe UC's ultimate goal is to have a "mine" to provide feed for the mill. The existing tailings will provide the funds for exploration and development of a future mine ( if we're fortunate enough to develop one ) From what I understand, they did a lot of testing and process refinement after the initial mill test proved uneconomical, and they now feel that they know what needs to be done to get the tailings profitable. Developing an exploration plan now, will not take away from getting the mill into production and in fact may speed up the time needed to get a much richer ore to feed the mill. Let's hope that what they think will solve last years problems.... actually do solve them. If so, we're off to the races and our mine will be self funded.

SRV

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