Golden Hope Mines Quickly Advances Towards Completion of the First Phase of Drilling on Bellechasse-Timmins 2010
April 22 2010 - 8:30AM
Marketwired
Golden Hope Mines Limited (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) is
pleased to announce that 7 of the 16 drill holes of its first phase
2010 diamond drilling program announced on April 13, 2010 have been
completed for a total of 1090 metres.
The purpose of this first phase of drilling is to test for
extensions of zones T1, T2A, T2B and Ascot and to explore the road
zone which lies between T1 and the Ascot structures. Additional
drilling will be done to investigate the Soil Gas Hydrocarbon
geochemical anomalies indicated by surveys performed between
October 2009 and the end of January 2010.
Based on the actual outputs of the drilling contractor Forage
Mercier Inc., the company expects that this stage of the 2010
drilling program will be completed during the first week of May
2010.
About Golden Hope Mines Limited:
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 the Bellechasse/Beauce Region of
Quebec, Canada. The Bellechasse gold project in Quebec includes the
Timmins 1, Timmins 2 and Ascot gold zones, the new FSG volcanic
environment targets and a number of recently claimed ultra
basic/serpentine bodies. For further information on Golden Hope
Mines Limited 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 416-750-8218 416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
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