Other Targets

Golden Hope has a number of other targets outside of the Bellechasse Belt and within different geological settings. The company has been advancing these targets through continued exploration since August 2009 and some are now drill ready. All properties are 100% owned by Golden Hope Mines.

The FSG Target

Commodities: Au, Zn, Pb, Cu

Surface area: 32 claims totaling 14.4 km² (1418 ha)

The FSG anomaly is favourable for both gold and base metals mineralization. A soil gas hydrocarbon geochemical survey was completed and the results were reported onOctober 28, 2009. The results indicate that four areas may be underlain by gold mineralization and three by base metals VMS mineralization.

2010 Exploration highlights include;

• 426 outcrops were prospected and 79 samples sent for geochemistry
• 12 samples returned gold values ranging from 3 parts per billion (ppb) to 180 ppb Au
• an anomalous gold zone was identified along the boundaries of the same volcanic unit that contains the CouCou showing;
• implying that the CouCou mineralized breccia may extend farther.
• anomalous gold values were also obtained near/along strike the FSG Anomaly.

The FSG target is drill ready.

Chute du Bras

Commodities: Au, Cu, Ni, Co, Cr, PGE

Surface area: 76 claims totaling 37.3 km² (2502 ha)

The Chute du Bras property was acquired in 2008 on the basis of a 21 g/t Au result (grab sample) obtained during an exploration campaign in 1998. In the summer 2008 exploration program, 6 grab samples returned values between 1 g/t Au and 8 g/t Au at Chute du Bras. The company is currently looking for an extension to the showing to improve tonnage potential.

Moose Cliff

Commodities: Au, Cu, Ni, Co, Cr, PGE

Surface area: 37 claims totaling 27.3 km² (2183 ha)

The Moose Cliff prospect was indicated by regional geophysical analyses (Frank Glass, 2008), rock structures, type of rocks and gold-copper anomalies reported in this area by a prospector in the 1990s (Cranbourne showing). An anomalous gold region was identified near the contact between mafic volcanics and hematized mafic volcanic rocks.
2010 Exploration Highlights Include;

• a soil gas hydrocarbon geochemistry survey was completed which identified 1 gold anomalous zone and 1 VMS anomalous zone
• 225 outcrops were prospected and 27 samples were sent for geochemistry
• 10 grab samples returned values between 6 to 51 ppb Au
• 2 new copper showings were identified: the Einna showing (1520 ppm copper (Cu)) and the Eilime showing (5200 ppm Cu)

Talon

Commodities: Au, Cu, Ni, Co, Cr, PGE

Surface area: 31 claims totaling 17.07 km² (1559 ha)

The Talon prospect includes historical nickel and copper prospects on a cross-cutting structure near the contact of ultramafic and basaltic rocks.
2010 Exploration Highlights Include;

• a soil gas hydrocarbon geochemistry campaign led to identification of 1 gold anomalous zone and 1 VMS anomalous zone.
• 205 outcrops were prospected and 45 samples sent for geochemistry
• 10 samples returned gold values ranging from 5 to 74 ppb Au and 4 returned copper values between 1270 ppm and 7850 ppm.
• 3 new copper showings were identified: the Happy Leaves (7850 ppm Cu) and Parfum d'Ours (1270 ppm and 3680 ppm Cu) showings in ultramafic rocks and the Paradise-A showing (4120 ppm Cu) in red mudshale adjacent to an ultramafic body.
• the presence of a main, larger system that could be the source for the copper (and nickel), with the possibility of a gold-hosting system.