Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Insider selling!

Maybe Hoel is p.....-off, because he was replaced as President last year:

TORONTO, ONTARIO--(Marketwire - Aug. 26, 2009)

- GOLDEN HOPE MINES LIMITED

(TSX VENTURE:GNH)(PINK SHEETS:GOLHF) -

Golden Hope Mines Limited is announcing that effective immediately, Mr. Frank Candido will

act as Interim President replacing Mr. Louis Hoel. Mr. Hoel will continue to be a Director. We

thank Mr. Hoel for his service and wish him success in his future endeavours.

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