Agoracom Blog

Welcome To Our Newest Sponsor: Golden Hope Mines

Posted by AGORACOM-JC at 10:48 AM on Thursday, February 16th, 2012

GNH: TSX-V

We want to thank Golden Hope Mines for becoming an AGORACOM Ad Sponsor and welcome them to the family.  Golden Hope Mines supports clean and intelligent small-cap stock discussion and is led by Frank Candido, as passionate a CEO as I’ve seen in a decade.  When you have a moment, show your appreciation by visiting the company through their logo above after you’ve had a chance to review their profile below.

The company’s current focus  is in southeastern Quebec, Canada.  The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area.

Investment Highlights

  • New discovery resulting in 20km mineralized gold belt
  • 10,000+meter drill program currently in progress
  • Recent Drilling Intersects 6140 g/t Au (197.4 oz/t Au) of Gold Over 1 Metre
  • Target Potential for multiple multi-million ounce deposits
  • Positive Preliminary Metallurgical Testing – recovery ranged from 97% to more than 99%
  • Dominant land position in the most recent North American stalking rush

The Bellechasse Gold Belt

Location

  • Site of the first gold rush in North-America in 1828
  • Strategic land position comprising 80% of mineralized belt
  • 554 mining claims spanning 24,436 hectares
  • Excellent infrastructure nearby

Geology

Gold mineralization in the Bellechasse area occurs in quartz/carbonate veins in albite diorite and related intrusive rocks, and also in minor amount in the veins within the volcanoclastic rocks that host the diorite.

The area in which mineralization is known measures approximately 875 metres along 045° and approximately 650 metres across the regional strike. Gold-bearing zones consist in quartz-filled structures which locally exhibit stockwerk pattern and may be brecciated. They are known to develop in plug-like protrusions of diorite emplaced in the country rock (T1 Zone) and in larger diorite masses (T2 Zone).

Click to enlarge

Significant intersections include:

Hole
From(m)
To(m)
Length (m)
Au g/t
BD2011-157
1.2
382
380
0.61
Including
333
382
49
2.53
BD2011-158
101
116
15
1.22
BD2011-158
349
373
24
1.14
BD2011-158
385
393
8
1.64
BD2011-159
3
10
7
0.42
BD2011-159
30
33
3
3.32
BD2011-159
281
290
9
3.13
BD2011-160
3
18
15
0.71
BD2011-160
108
158
50
0.70
BD2011-164
13
38
25
0.92
BD2011-164
114
147
33
0.61
BD2011-164
193
215
22
0.85
BD2011-164
377
383
6
1.47
BD2011-164
431
446
15
7.64

Proposed Work

  Bellechasse-Timmins
Proposed Drilling
Click to view
Bellechasse-Timmins
Plan View
Click to download

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