The Champagne Target is a partially explored base metal and gold deposit that lies within the Company's Bellechasse Belt claims. Previous work outlined a non-43-101 compliant historic estimate of 250,000 tonnes of massive and disseminated sulphides averaging 2.7% zinc, 2.4g/t gold, 0.40% copper, 0.45% lead, and 19.7g/t silver (Paradis, Bossé and Gauthier, 1995 Report from the Centre Geoscientifique de Quebec referencing Bergman-1954).

A qualified person has not done sufficient work to classify the historical estimate as current mineral resource or mineral reserve and should not be relied upon and therefore Golden Hope is not treating the historical estimate as current mineral resource or mineral reserve. A copy of the report can be found here.

The mineralized zone is open down-dip and along strike to both the northeast and the southwest. The potential mineralization is described as lying near the base of the Beauceville Formation in a stratigraphic horizon that extends northeast-southwest through the region.  The current exploration program is designed to investigate approximately 4km of this horizon within the Bellechasse Belt claims held by the Company.  Diamond drilling is already in progress.

The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
 

Maps

	Champagne Zone Proposed Drilling 2011 Click to view		Champagne Zone Location Map September 26, 2011 Click to view

Reports

	Champagne Zone 1995 Report Click to view