Golden Hope Mines Limited: Robert J. Stocks Appointed to Chairman of the Board of Directors

TORONTO, ONTARIO--(Marketwire - Oct. 12, 2010) - Golden Hope Mines (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce that Robert J. Stocks has been appointed to Chairman of the Board of Directors. The appointment was unanimously resolved at a meeting of the Board of Directors held on October 7, 2010.

About Golden Hope Mines Limited:

Golden Hope 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 Southeastern Quebec includes the Timmins 1, Timmins 2A, 2B the Ascot/Road and 88 zones as well as the FSG volcanic environment targets and a number of ultra basic/serpentine bodies. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.