TSX VENTURE: GNH-V
OTCQX: GOLHF

September 29, 2011

Thank you for taking interest in the Golden Hope Mines (GNH-V) news release dated September 28, 2011.

Golden Hope Mines is exploring for Gold in the Bellechasse Belt of Southeastern Quebec, Canada which is located approximately 100km southeast of Quebec City. The area known as Bellechasse/Beauce was the site of the first Canadian gold rush in the early 1800’s.

We released an exciting hole on September 12, 2011 with 380 metres averaging .61 g/t Au (Gold). At the bottom of that hole we had a section of 49 metres averaging 2.5 g/t Au. We expect to report the balance of the 7 holes outstanding in the coming weeks. These holes will be a huge contribution to the greatly successful 2010 exploration campaign at Bellechasse-Timmins.

Golden Hope is currently working diligently on this definition drill campaign for the Timmins 1 (T1) and Timmins 2 (T2) Zones. The zones are open on strike and to depth. Expectations are for a NI 43-101 compliant resource estimate from surface down to 300 or 400 metres in Q1 of 2012. The mineralization begins at or near surface.

The T1 and T2 zones account for a very small percentage of the mineralized belt. In other words, we believe that the T1 and T2 zones are simply the tip of the iceberg. There is great potential that we may find many more mineralized zones. As described in the press release, the Champagne Zone (3.5 kms north of T1) is simply one of many targets along a belt that is almost entirely owned by Golden Hope. That said, our focus is primarily delivering a resource estimate as a starter. The company will then look to expand that resource on those same zones while it simultaneously embarks on a widespread exploration campaign of the approximately 18km belt in the near future.

Market cap: ~$20MM
Cash position: ~$2.0MM + ~$1MM in receivable mining duties from the Quebec Government (September 2011).
Shares issued and outstanding - 115,854,086
Fully diluted numbers - 144,351,324

Details pertaining to the project:http://www.goldenhopemines.com/exploration/bellechase_timmins_gold/

Google Earth Map:
http://www.goldenhopemines.com/_resources/download.php?file=GNH_Collars.kmz

Please do not hesitate to contact me for further detail, to set up a call with management or to schedule a meeting.

Best regards,

Sasha Asgary
Corporate Secretary, Director of Corporate Communications
Golden Hope Mines (GNH-V)
Mobile: 514.347.1329
Office: 514.750.8218
eMail: sasgary@goldenhopemines.com
www.goldenhopemines.com