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GNH: TSX Venture
GOLHF: OTCQX


TORONTO, Oct. 31, 2011 /PRNewswire/ - Golden Hope Mines (TSX VENTURE: GNH) (OTCQX: GOLHF) is pleased to announce the mobilization of a 2nd diamond drill at its
Bellechasse-Timmins gold deposit in southeastern Quebec. The company is
aggressively pursuing its definition drill campaign at
Bellechasse-Timmins in order to produce a compliant resource estimate
for gold. Forage Orbit Garant of Val D'Or, Quebec, will provide the
second drill. The initial drill contract is for 3000 metres and will
begin on November 1, 2011. Golden Hope continues to use the services of
Forage Mercier of Val D'Or, Quebec as well. The Forages Mercier drill
is currently at the property and drilling its previously announced 2000
metre drill contract extension. Forages Mercier has already completed
its initial contract for 4500 metres. Golden Hope will look to extend
both contracts as the work progresses.


James E. Tilsley, P.Eng is acting as the qualified person (QP) for
Golden Hope in compliance with National Instrument 43-101 and has
reviewed the technical contents of this release.


Forward-Looking Information


This news release contains certain forward-looking information as
defined in applicable securities laws (referred to herein as
"forward-looking statements"). Specifically, this news release contains
forward-looking statements regarding the drill results being
incremental to current potential. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which are
beyond Golden Hope's ability to predict or control and may cause Golden
Hope's actual results, performance or achievements to be materially
different from any of its future results, performance or achievements
expressed or implied by forward-looking statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Golden Hope undertakes no obligation to update publicly or otherwise
revise any forward-looking statements contained herein whether as a
result of new information or future events or otherwise, except as may
be required by law.


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
southeastern Quebec, Canada. The company's claim blocks lie within an
area that extends approximately 100 kilometres along the Appalachians
of southern Quebec from near Ste-Lucie-de-Beauregard to about 16
kilometres southwest of Beauceville. The Bellechasse-Timmins gold
deposit lies 5 kilometres southeast of St-Magloire within the
Bellechasse Belt an approximately 18 kilometre long mineralized area.
The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B,
Ascot/Road gold zones, and eight known parallel gold-bearing breccias
in the adjoining 88 Diorite. The company is also working to develop
other targets within its claim blocks including the FSG gold and base
metal target, the St-Luc (Roux) target, Chute du Bras, the LG showing,
Moose Cliff, and Talon. For further information on Golden Hope Mines
Limited please visit >www.goldenhopemines.com?

or

Public Relations Canada: Paradox Public Relations? Corporate Communications? 1-866-460-0408

or?

Investor Relations USA:?American Capital Ventures Richard Hull:? 305-918-7000









SOURCE Golden Hope Mines Limited