Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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news update

posted on Apr 22, 2010 08:36AM
Golden Hope Mines Limited

TSX VENTURE: GNH
PINK SHEETS: GOLHF
Apr 22, 2010 08:30 ET

Golden Hope Mines Quickly Advances Towards Completion of the First Phase of Drilling on Bellechasse-Timmins 2010

TORONTO, ONTARIO--(Marketwire - April 22, 2010) - Golden Hope Mines Limited (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce that 7 of the 16 drill holes of its first phase 2010 diamond drilling program announced on April 13, 2010 have been completed for a total of 1090 metres.

The purpose of this first phase of drilling is to test for extensions of zones T1, T2A, T2B and Ascot and to explore the road zone which lies between T1 and the Ascot structures. Additional drilling will be done to investigate the Soil Gas Hydrocarbon geochemical anomalies indicated by surveys performed between October 2009 and the end of January 2010.

Based on the actual outputs of the drilling contractor Forage Mercier Inc., the company expects that this stage of the 2010 drilling program will be completed during the first week of May 2010.

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 the Bellechasse/Beauce Region of 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Golden Hope Mines Limited
Frank Candido
President, Director
416-750-8218
416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
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