Golden Hope Announces Its First Phase 2010 Drill Campaign

TORONTO, ONTARIO--(Marketwire - April 13, 2010) - Golden Hope Mines Limited (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce that the first 2000m phase of the 2010 field season diamond drilling program on its properties in the Bellechasse-Beauce area of southeastern Quebec began today.

Favourable snow conditions permit this early start at the Bellechasse-Timmins deposit, where substantial tonnage of gold-bearing quartz-filled breccias in diorites have been outlined during the past three years.

This initial 16-hole program is designed to follow the extensions of previously investigated zones (T1 and T2A&B) to the northeast and to the southwest, and to further explore the other 8 parallel zones that are known from surface exposures and diamond drilling.

Work to date has located mineralized zones within an area 300m along strike and confirmed that parallel structures repeat in the Bellechasse-Timmins diorite for at least 600m across the 045° regional structural trend. Our data indicate additional parallel zones may occur both to the northwest and to the southeast of the explored area. The strike length of each of the known breccia zones remains to be established.

Soil gas hydrocarbon geochemistry completed early this year suggests more than a dozen additional drill targets in the immediate vicinity of the T1 and T2 zones, and several more in previously unexplored ground.

Diamond drilling elsewhere on the properties will begin toward the end of the month after completion of this first phase of the drilling program when improved field conditions are expected to allow access to more remote sites.

"We are extremely excited about the exploration season ahead. Our accumulated knowledge of both the property and the deposit permits us to target our program and deliver results much more efficiently. The Timmins deposit keeps getting bigger and our expectations have increased accordingly." 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 Quebec, Canada. The Bellechasse gold project in Quebec includes the Timmins 1, Timmins 2 and Ascot gold zones, the new FSG volcanic environment targets and a number of recently claimed ultra basic/serpentine bodies. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.

Forward-Looking Information:

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. Factors could cause actual results to differ materially from those in forward-looking statements. These include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the company, investors should review registered filings at www.sedar.com.