Golden Hope Mines Limited
TSX VENTURE : GNH
PINK SHEETS : GOLHF

Golden Hope Mines Limited

June 22, 2010 08:30 ET

Golden Hope Mines Appoints Marc A. Drouin to Its Board of Directors

TORONTO, ONTARIO--(Marketwire - June 22, 2010) - Golden Hope Mines Limited (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce the appointment of Marc A. Drouin to the Board of Directors.

Over a career spanning almost two decades, Marc Drouin has worked primarily in the fields of corporate development and mergers & acquisitions. In his various roles, Mr. Drouin has acted as both principal and advisor, and across a number of industry sectors and geographies.

Most recently, Mr. Drouin was Head of Group Business Development, Americas, for Anglo American plc, one of the world's largest diversified mining companies. 

Previously, he was Vice-President, Corporate Development at Alcan Inc.

Prior to joining Alcan, and for more than a decade, Mr. Drouin held investment and merchant banking positions principally related to mergers and acquisitions.

Mr. Drouin obtained his Bachelor of Commerce from McGill University and his MBA at York University.

"We are extremely pleased with the addition of Mr. Drouin to our Board of Directors," said Frank Candido, President, Golden Hope Mines Limited. "His background and experience will compliment the current Board as we continue to aggressively grow shareholder value through accelerated exploration and definition of this exciting Bellechasse/Beauce belt in South Eastern Quebec."

The Board has granted incentive stock options to Mr. Drouin to purchase 300,000 common shares of Golden Hope at a price of $0.53 per share for a period of three years ending June 18, 2013.

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 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.

Forward-Looking Information:

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.

Contact Information