Golden Hope Tests for Extensions to Its Bellechasse (Timmins) Gold Deposit
November 10 2009 - 8:00AM
Marketwired
Golden Hope Mines Limited (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) is
pleased to announce that it has completed a collection of soil
samples in a program of soil gas hydrocarbon geochemistry designed
to test for extensions of the known gold-bearing zones of the
Bellechasse (Timmins) Gold deposit located is south-eastern Quebec.
The company has used the Activation Laboratories Ltd soil gas
hydrocarbon technique in exploration for gold and base metals with
encouraging results on other parts of its Bellechasse - Chaudiere
property in the Beauce.
The surveys cover areas on strike of the known mineralization
(T1, T2, and Ascot) and also tests for parallel zones to the north
and to the south. The soil gas hydrocarbon technique can detect
mineralization to depths in excess of 200 metres below surface
through glacial overburden or bedrock, or a combination of
both.
All of the samples collected have already been shipped to
Activation Laboratories Ltd and results are pending. A map
outlining the area in which soil samples were taken can be viewed
at http://www.goldenhopemines.com/UserFiles/BC_min_zones.pdf.
"We have long felt that the Bellechasse (Timmins) Gold deposit
extends beyond the known mineralized area on strike as well as the
existence of possible repeated parallel zones. We are anxious to
confirm our theory" states Frank Candido, President of Golden Hope
Mines.
James Tilsley, P. Eng., has prepared and reviewed the technical
content in this news release and is a qualified person (QP) for
Golden Hope Mines in compliance with National Instrument
43-101.
About Golden Hope Mines Ltd.
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 Quebec, Canada. The Bellechasse
gold project in Quebec includes the Timmins 1, Timmins 2 and Ascot
gold zones, the new FSG volcanic targets and a number of recently
claimed ultra basic/serpentine geological environments. For further
information on Golden Hope Mines, 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.
Contacts: Golden Hope Mines Limited Frank Candido President,
Director 514-750-8218 416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
www.goldenhopemines.com
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