Golden Hope Mines (TSXV:GNH) Featured as Stock Pick of the Week in J Taylor's Gold, Energy & Tech Stocks Report - Video Summary Posted on www.InvestmentPitch.com

Vancouver, British Columbia, February 2, 2012 - Jay Taylor, editor of "J Taylor's Gold, Energy & Tech Stocks", featured Golden Hope Mines as his recent stock pick of the week, following the release of what Taylor called "one of the most spectacular drill holes reported in the past year".

Jay Taylor is referring to the 197 ounces of gold from just over a one metre intercept reported in the company's news release on January 26th.

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The company's 24,000 hectares Bellechasse Project has excellent infrastructure nearby and is less than an hour and half drive from Quebec City, with Montreal about a three and a half hour drive.

This area was the site of the first gold rush in North America in 1828, prior to the more famous Klondike and California gold rushes. Two of the largest gold nuggets found in Canada came from this region - the Kilgour nugget at 52 ounces and the McDonald nugget at 45 ounces.

One of the reasons the company does not have a 43-101 resource is that its gold deposit is characterized by a very large nugget effect, which means in one hole you can get very high assays and the next drill hole nearby may intercept very little or no gold. That creates a statistical problem in resource calculations.

However, the company has carried out bulk sampling on surface that provides evidence that actual grades are approximately 50% higher than the average drill hole grade. In fact, bulk sampling suggests average grades are closer to 3 grams per tonne than the average diamond drill averages of around 2 grams per tonne.

Whether this spectacular hole represents a higher grade zone of significant size remains to be seen, according to Taylor. To try to find out the orientation of that hole, two wedge holes were drilled and the samples have been sent to the lab.

Taylor believes their results will be of great interest to shareholder, because if multi-ounce values are at all extensive, it could represent a real break-through for Golden Hope, even though more common values of 3 grams per tonne are also very encouraging.

Frank Candido, Golden Hope's President stated. "We are extremely pleased with these latest results. As we continue our aggressive drill campaign, we keep encountering significant mineralization. These results combined with the previous results in the 2011 campaign, provide us with the motivation to push forward enthusiastically."

Golden Hope currently trades at $0.24, on the TSX Venture Exchange, under the symbol GNH. With approximately 131 million shares outstanding, the company is capitalized at $31 million.

For more information about Golden Hope, please visit www.goldenhopemines.com, or contact Frank Candido at 514-750-8218 or by email fcandido@goldenhopemines.com.

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