Golden Hope Appoints Roy Millington to its Board of Directors

TSX VENTURE: GNH
PINK SHEETS: GOLHF

TORONTO, Dec. 4, 2012 /CNW/ - Golden Hope Mines Limited (TSX VENTURE: GNH) (PINK SHEETS:GOLHF) is pleased to announce the appointment of Mr. Roy Millington to its Board of Directors.

Mr. Millington, a native Montrealer, was employed at Rio Tinto Alcan Inc. for over 23 years. Mr. Millington joined Alcan's legal department in 1989 at the Montreal Head Office as corporate in-house counsel. He held the position of Corporate Secretary from 2001 to 2007 and was Chief Counsel, Corporate from 2007 to 2012. Alcan was purchased by Anglo Australian multinational Rio Tinto in 2007, becoming Rio Tinto Alcan Inc. in Canada's largest M&A transaction at that time.

Mr. Millington's experience includes corporate law, compliance and mergers and acquisitions.

Mr. Millington earned a BA from Concordia University and a BCL and LLB from McGill University. Mr. Millington is a Member of the Bar of the province of Quebec.

"We are extremely pleased with the addition of Mr. Roy Millington to our Board of Directors. His extensive knowledge and experience of corporate governance matters as well as securities regulations will serve our shareholders well. A Board Director of this caliber is a major asset for the company, states Robert Stocks, Chairman, Golden Hope Mines Limited.

The Board has granted incentive stock options to Mr. Millington to purchase 300,000 common shares of Golden Hope at a price of $0.10 per share for a period of five years ending December 4, 2017.

About Golden Hope:

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 southeastern Québec, Canada. The Company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southern Québec from near Ste-Lucie-de- Beauregard to approximately 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt, an approximately 18 kilometre long mineralized area. The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B, Ascot/Road gold zones, and the 88 Diorite. The Company is also looking to develop the Champagne zone, a partially explored base metal and gold deposit that lies within the Company's Bellechasse Belt claims. A recently completed VTEM survey may identify other similar targets along the horizon. The Company is also working to develop other targets within its claim blocks including the FSG gold and base metal target, Chute du Bras, the LG showing, Moose Cliff, and Talon. For further information on Golden Hope please visit www.goldenhopemines.com.

 

SOURCE: Golden Hope Mines Limited

Golden Hope Mines Limited 
Frank Candido: President, Director
Tel: [phone]
[email protected]