April 2, 2012 Ste-Justine, Quebec

PRESS RELEASE

Golden Hope Mines Limited is pleased to announce its decision to allow the lapse of its mining claims adjacent to the Parc régional du Massif du Sud, located between St-Luc-de-Bellechasse et St-Magloire-de-Bellechasse in the Province of Québec.

Golden Hope Mines Limited’s has had discussions with the regional park’s management to ensure that its decision taken in late 2011 to forgo the renewal of its claims, in spite of their geological potential, would allow for the expansion of the Parc régional du Massif du Sud.

Golden Hope Mines Limited strives to be an exemplary corporate citizen by respecting the environment of the region of southeastern Quebec while participating in its economic development.

Frank Candido President Golden Hope Mines Limited