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Golden Hope provides first NI 43-101 resource estimate for the Bellechasse-Timmins gold deposit *ad sponsor*

Posted by AGORACOM-JC at 1:37 PM on Monday, June 18th, 2012

Golden Hope provides first NI 43-101 resource estimate for the Bellechasse-Timmins gold deposit, the first ever for Golden Hope in southeastern Quebec

Golden Hope Mines Limited (TSX VENTURE: GNH) (Pink Sheets: GOLHF) – Golden Hope Mines Limited is pleased to provide an independent National Instrument 43-101 compliant gold mineral resource estimate on its Bellechasse-Timmins Gold deposit located along the Bellechasse-Beauceville mineral trend in southeastern Quebec, 5 kilometres southeast of St-Magloire de Bellechasse.

The following table summarizes the block model estimates using various cut-off grades:

GOLDEN HOPE MINES LTD
Bellechasse-Timmins
Class Tonnage (Tonnes) Grade ( g/t Au) Au (oz) Cut-off (g/t)
Indicated 5,286,000 1.20 204,000 0.30
Indicated 3,496,000 1.61 181,000 0.50
Indicated 2,905,000 1.83 171,000 0.60
Indicated 1,700,000 2.58 141,000 1.00
Indicated 692,000 4.32 96,000 2.00
Indicated 367,000 5.98 71,000 3.00
Inferred 3,816,000 0.96 118,000 0.30
Inferred 2,673,000 1.21 104,000 0.50
Inferred 2,173,000 1.36 95,000 0.60
Inferred 1,127,000 1.90 69,000 1.00
Inferred 311,000 3.32 33,000 2.00
Inferred 124,000 4.75 19,000 3.00

 

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