GNH: TSX Venture
TORONTO, April 19 /CNW/ - Golden Hope Mines Limited
(TSXV:GNH)(OTCQX:GOLHF) is pleased to announce that it has retained the
services of SGS Canada Inc. - Geostat ("SGS") as an independent
consultant to its Bellechasse Gold Project in southeastern Quebec.
SGS will provide Golden Hope with technical assistance with coarse gold
sampling and ore body modeling leading to a resource evaluation update
by the end of 2011, early 2012.
SGS has over 25 years of experience in providing the mining industry
with computer-assisted ore reserve estimation services using mainly
geo-statistical techniques. SGS is known globally as the expert in ore
body modeling and reserve evaluation. SGS utilizes the disciplines of
geology, statistics, and mining engineering to provide its clients with
accurate and timely reserve and modeling solutions.
SGS is a pioneer in computer-based ore body modeling and resource
estimation, providing these services since 1981. SGS has provided
modeling and resource estimation solutions to companies involved in the
mining of gold and precious metals, base metals, iron ore, coal,
uranium, diamonds and industrial minerals.
SGS produces independent qualification reports for companies worldwide
including due diligence audits, technical reports, property evaluation,
prefeasibility studies and certification of reserves.
Golden Hope is also pleased to retain the services of GENIVAR, one of
the largest engineering firms in Canada.
GENIVAR's multidisciplinary team is made up of experienced professionals
and technicians with a solid track record in the areas of impact
studies, environmental audits, environmental systems implementation and
maintenance, water, air and soil characterizations, and environmental
GENIVAR has developed an integrated approach to projects where the
Corporation's environmental scientists are involved in the start-up and
completion of most projects where environmental considerations are
important. GENIVAR will provide Golden Hope with an audit of its
environmental compliance in order to meet all legal requirements and
obligations as it continues to explore the Bellechasse Gold Belt in
"We are extremely excited about working with two world class firms such
as SGS and GENIVAR. As we continue to move towards delineating a gold
resource in southeastern Quebec, having independent and qualified
partners such as these will help us in achieving those goals" states
Frank Candido, President, Golden Hope Mines Limited.
On behalf of the Board of Directors;
Frank Candido, President and Director
About Golden Hope Mines Limited:
Golden Hope 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 Southeastern 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.
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.
Various factors could cause actual results to differ materially from
those in forward-looking statements. These include market prices,
exploitation and exploration successes, 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 Golden Hope's registered filings at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Golden Hope Mines Limited
For further information:
Golden Hope Mines Limited
email@example.com or firstname.lastname@example.org
Public Relations Canada:
Paradox Public Relations
Investor Relations USA:
American Capital Ventures