Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Another Positive
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Apr 26, 2011 08:23AM
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rj
Apr 26, 2011 09:38AM

This is the actual part of the report that refers to GNH. The words of Ron Wortel, writer for The Gold Report, issued April 25, 2011

I like what he writes:


Golden Hope Mines is working in the Beauce, Quebec. Its properties are located along the Bellchasse gold belt—historically, the location of Canada's first placer gold rush. So, it's not working an old mining property but rather making a new discovery. Perhaps, the source rocks for this gold were never found until now. The company's land package encompasses over 20 km. of strike along this mineralized trend. Golden Hope's focus is on outlining a near-surface bulk-tonnage resource at the Bellchasse-Timmins gold deposit. This target is known to extend 850m on strike, 650m wide and to a depth of 650m—it's a big block of gold-bearing rock. Average grades range from 2–3 g/t from drilling and bulk sampling, and these values indicate the potential for a multimillion-ounce deposit at this project. We hope to see the first resource estimate on it in 2011.

The company is working several other targets in the immediate area that also show gold-bearing characteristics similar to the Bellchasse-Timmins deposits. Results from the winter drilling program are forthcoming. Farther afield, along the belt, the company is also working on prospects for additional drilling in 2011 with hopes for discovery of the next deposit.

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