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Gold/Mining/Energy : Golden Hope Mines Ltd.

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From: canucklehead804/13/2012 3:41:50 PM
1 Recommendation   of 10
 
Golden Hope President Frank Candido on Quebec assays of 1.79 g/t gold, 27.52 g/t silver over 3.8m

Golden Hope Mines Limited TSXV:GNH announced assays from its Champagne deposit in the Appalachian Fold Belt of southeastern Quebec. Results include

1.23 g/t gold, 11.71 g/t silver and 1.6% zinc over 11.7 metres
(including 1.79 g/t gold, 27.52 g/t silver and 2.77% zinc over 3.8 metres)
1.15 g/t gold, 17.24 g/t silver and 2.2% zinc over 8.2 metres
(including 2.02 g/t gold, 30.14 g/t silver and 3.56% zinc over 4.7 metres)
1.28 g/t gold, 14.33 g/t silver and 1.73% zinc over 1.7 metres

President Frank Candido tells ResourceClips.com, “Bellechase-Timmins is a diorite quartz veining-hosted gold ore body, so it’s completely distinct from Champagne, which is a volcanic sulphide deposit. There was a report published by a gentleman by the name of Bergman in 1954, which was then updated in the 1990s by the Centre Geoscientifique de Quebec, which stated there was approximately a (non-NI 43-101) 300,000-tonne deposit—very shallow because all the drilling was very shallow—[grading] 2.4 g/t gold and approximately 20 g/t silver, with copper, lead and zinc credits.

Read more about the Golden Hope Mines' gold play.
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