China Using Its Rare Earth Minerals For Eco-Political Leverage

This week China announced it is reducing the amount of rare earths it will export in 2011 by more than 10 per cent.  Since rare earth minerals (REE or REM) are vital for the manufacturing of high-tech products this has caused concern among other countries.

China supplies 97 per cent of the global production of REMs, which are needed to produce devices such as cellphones, computer drives and hybrid cars.  High-tech producing countries were alarmed when Beijing blocked shipments of REMs to Japan earlier this year citing a geopolitical debate.

China’s grip and manipulation of the supply of REMs has driven countries to look for alternative sources.  In North America, a number of companies, such as Molycorp Inc. in the U.S. and Thompson Creek Metals Co. in Canada are hurrying to open or re-open rare earth mines.  In Australia two companies are also preparing to mine rare earths. 

However, the process takes time and meanwhile China is using its grip on the supply of REMs to force them into a better competitive manufacturing position by passing export tarifs to make foreign manufacturers less competitive.  In effect, by making it more expensive to manufacture high-tech products outside China, it is making possible to supply the same products (though their quality is always questionable) cheaper in China.  That will result in distributors and retailers sourcing more of their products from China, thereby creating more jobs in China and the loss of jobs in Europe and North America. 

Wait a second, don’t we have an international trade agreement that forbids that?  Since when has any government been able to stop the Chinese from dumping excess steel production into their economies and thereby causing their local steel mills to close down?  China is still allowing knock offs to be exported, so why would we expect them to behave any differently with REMs?

As an indication of this, I point to Chinese state media earlier this month reporting that China plans to raise duties on some REMs for export beginning next year.  Furthermore, China has been reducing export quotas of rare earths over the past several years due to domestic demand.  On the other hand, a Chinese Commerce Ministry spokesman has stated that China is cutting its exploration, production and exports out of environmental concerns.

An even stronger indication of China’s eco-political motives is the fact that China has announced it is preparing to set up a REMs association that will include nearly all of China’s leading REM companies ad would help them to co-ordinate their negotiating positions.  That to me defines a cartel and international monopoly.  The announcement was posted on the Sina Corp. portal confirming that the association would be set up in May 2011.

Referring back to the whole international rules thing, the United States last week threatened to go to the World Trade Organization with its concerns over China and REMs. Last Tuesday during a regular press briefing, China Foreign Ministry spokeswoman Jiang Yu declined to answer.  What do they say about silence again?

Yet, Wen Jiabao, China’s top economic official, told a China-European Union business summit in Brussels in October that “China is not using rare earth as a bargaining chip.”  You have to hand to Wen Jiabao, it takes quite nerve to make a statement that is contrary to one’s behaviour and actually expect others to believe it.

I don’t know where this is heading, but I hope it’s not heading in the direction that it seems to be heading in.  If in fact China is playing eco-politics the ultimate result will be nationalization within other countries.  This is often the precedent for military war.  We certainly are living in interesting times.

Putin Takes WikiLeaks’ Bait

Julian Assange and his revolutionary organization of international internet technologists have hit headlines around the world with the release of sensitive documents, such as those from the United States Federal government.  Presented as an instrument by which average people can be informed of the truth that is often kept from them by various government organization, WikiLeaks appears to have become a tool for anarchists and revolutionaries wanting to upset the existing political and societal structures.

Well, it seems that WikiLeaks goal is much closer than it was before it released its major wave of United States government documents.  As in any situation, whenever you release personal or informal notes it inevitably upsets some individuals.  One of those upset individuals as a result of the WikiLeaks release is Prime Minister Vladimir Putin.

Putin was so upset with leaked U.S. cables that cast him as a ruler who allows an elite class of corrupt officials and spies to siphon off cash from Russia’s vast energy-based revenues.  Russia is the world’s biggest energy producer and aggressively working to expand its energy production operations.  The leaked cables portray Russian President Dmitry Medvedev as the junior partner to Putin and had to get his decisions approved by Putin, who is like a mentor to him.

It is interesting to note than rather than deny or prove the accusations false, Putin chose to verbally attack the U.S. and basically criticize it for ‘calling the kettle black’.  Sort of like saying, I’m not perfect, but you’re even less perfect than me.  Sounds like he has no intention of changing any of the corruption or upsetting the power groups within Russia.  And who can blame him, Russia has a long history of jailing and/or killing those that have challenged its ruling class’ control of the country.  Putin simply may not have the power to change any of this and he himself is likely at the mercy of a much greater force.

So, in effect WikiLeaks has upset the relationship between the world’s two superpowers.  The organization has suddenly turned from being a nuisance to a world-class political manipulator by turning world powers against each other.  This strategy will be much more damaging to the world politcial and power structure than leaking the information itself.  Information can be dealt with, but damaged relationships are much harder to repair and are often replaced by new relationships.

I expect that the WikiLeaks attack on the establishment will only heat up and that the year ahead will be filled with increasing impact and consequences from their activities.

Back to The Basics – Achieve Fitness Success in 2011 Part 3

With all the new technology that we posses in today’s society, the basic fitness lessons have been lost in the dark.

The Ipad, Iphone, and all those cool apps that supposedly help you become more fit have really stopped individuals from achieving their true fitness potential.

It is time to get “Back to the Basics” when it comes to improving health and losing body fat.

In this installment of “Achieving Fitness Success in 2011” we will take a look at five basic lessons of fat loss and how you can implement them in your life quickly to produce quick, measurable results.

Lesson #1 – Turn on Your Fat-Burning Machine Naturally. To really burn body fat efficiently you must help your body become a fat-burning machine. The first lesson is get sufficient rest! The bodies fat burning capabilities are severely hampered when you do not get enough shut-eye. Not getting enough rest naturally slows down ALL chemical reactions in the body including burning fat. Aim for eight hours a night. 

Lesson #2 – Eat More Often. By eating more often throughout the day you will increase all chemical reactions that happen in the body, including burning fat. You must think of the body as a wood burning stove, the more wood you put in the stove the hotter the fire gets. Strive to eat six times a day. These meals are small, and should take you five minutes to eat. Of course, make sure that you eat a balance of protein and carbohydrates at each meal.

Lesson #3 – Eat like a King for Breakfast and a Pauper in the Evening. Your biggest meal should be in the morning. As you get through the day the metabolism naturally slows down, so to should you slow down with your food intake. Any meals after six pm should be comprised of salads and some type of protein. (Chicken and salad)

Lesson #4– Strength Train for Increased Fat-Burning. Strength Training naturally pulls your body into a fat-burning state! WHY? Because muscle is active tissue and requires additional nutrients to sustain itself. This means that the more muscle you have, the higher your metabolism will become, and the more calories you burn at rest.

Lesson #5 – Workout Smarter, Not Harder. Back to Basics Training says the most efficient workout is one that takes 45 minutes or less. StairClimbing produces amazing results in a short amount of time. The amount of calories that are burned in stairclimbing is really amazing!

A 140 lb female at a height of 5 foot 6 can expect to burn 840 calories in an hour.
A 185 lbs male at a height of 6 foot one can expect to burn 1160 calories in an hour 

This means that stairclimbing will burn over 2500 calories for a women and almost 3500 calories for a man!

A pound of body fat that accumulates is equal to consuming an additional 3500 extra calories in a week. So as you can see, stairclimbing helps burn almost one pound of body fat a week!

Talk about getting back to basics, one step at a time!

Forget the high tech fads, begin a stairclimbing routine and you will be amazed at the results that are produced!

Learn more about StairClimbing meet-up groups in your city!

Till next time, Step Strong!

Trevor Folgering
The Canada StairClimbing Association

StairClimbing Benefits Runners for Maximum Results


StairClimbing Benefits Runners for Maximum Results


Are you an runner and want to improve your performance? Are you entering a 10 km race, half marathon or marathon? Do you want some variety in your training workouts? Looking for a different type of “hill” training?

Stairclimbing is such a great tool for runners of all different calibers to improve their overall performance. Whether you are a beginner or advanced runner you will benefit from adding a stairclimbing workout to your training routine once or twice a week.

Maximize Your Running Potential

What makes a good runner great? It is not more running. In fact running too much may lead to overuse injuries and stress fractures which many runners over the years have faced. The key is to train smarter, and more efficiently. 

In the lower body there five primary muscles that are used they are:

The quadriceps femoris (Front of the leg)
The hamstring (Back of the Leg)
The gluteus maximus – (Butt Muscles)
The iliopsoas (Also known as the hip flexors)
The calf muscle

Analysis of muscle activity during running action has shown that the quadriceps are the predominant muscle during the “drive” phase and the hamstrings are most active during the second half of the stance phase. This suggests that strength in the hamstrings helps to maintain a full stride even when an athlete is tiring, supporting the idea that strength can help delay fatigue. Generally speaking in most athletes the hamstrings are the weakest primary muscle in the lower body.

Stairclimbing aids in building strength around the Hamstrings and the Gluteus Maximus muscles. 

For example when climbing a set of stairs an athlete would place their foot on the second step of a staircase. The athlete would push forcefully with the heel of the foot which will automatically contract the hamstring muscles and glute muscles. 

***The athlete must concentrate on driving from the heel of the foot, not the toe. Pushing off from the toe automatically changes the mechanics of stairclimbing, and places more muscle contraction on the quadriceps.***

This means that stronger hamstrings should result in a longer more efficient stride with less tiring for the athlete.

Explosive Power when Running 

To be an amazing runner an athlete must build up both types of muscle fibers. Athletes are blessed with two types of muscle fibers, Type 1 and Type II. 

Type II muscles generate short bursts of explosive strength.Fast twitch fibers generally produce the same amount of force per contraction as slow muscles, but they get their name because they are able to fire more rapidly. Having more fast twitch fibers can be an asset to a runner since the athlete needs to quickly generate a lot of force over long distances.

Stairclimbing allows the athlete to build up the Type II muscle fibers, since at its very core stairclimbing uses approximately seventy percent Type II muscle fibers.

Check out Olympic athletes train using stairclimbing

Olympic Athletes Stairclimbing

Ready to become a better runner??? Join us at our Stair climbing meet-up group!

Ready to really challenge the body? Register for our Regina Stair Climb for Shelter happening March 13th 2011!

We look forward to making you a more stronger runner!

Trevor Folgering
The Canada StairClimbing Association


Achieve Fitness Success In 2011 Series Part 2

Welcome back!

In this ongoing series we will take a look at how you can achieve all your fitness goals in 2011 and really vitalize and energize your body.

In the last blog we talked about the five mistakes that people make when trying to get fit and healthy. In part two we take a look at different success strategies that will make a huge difference in your health for 2011.

Step #1 Setting Yourself Up For Success

Many people do not get the results they are after because they fail to plan out exactly how they are going to lose body fat and increase their health. 

Remember this: “If you fail to plan, then you plan to fail.”

It is critical before you even start exercising, climbing stairs or lifting weights, that you PLAN! Just like the general who plans his strategy as he leads his army into war, so must you plan your strategy for losing bodyfat. 

This is a necessary step and one that must be done before any success will be obtained.

Step #2 Goals: Shaping the Subconscious

When the topic of goal-setting comes up most people turn a blind eye to this process, or they get stuck in what I call the “New Years Syndrome.” They write down their New Years Resolutions” and follow them for a few weeks and then the goals go in a drawer somewhere, forgotten until the end of the year when the cycle starts all over again.

Goal setting works, it is not magic or voodoo. However goals must be reviewed weekly or daily and changed if necessary.

Setting goals correctly will shape the subconscious in believing that you have already achieved the goal. You first must visualize the end result and believe that you have achieved your fitness goals. 

You subconscious cannot distinguish from what is fiction and what is reality. Therefore if you already in your minds eye strongly believe you are 20 lbs lighter and more healthy your subconscious will help you move towards the end goal more quickly. 

Step #3 Develop Your Team

One of the most important steps in achieving your fitness goals for 2011 is to develop a strong support team. You have to realize that even with all the best nutritional strategies and training programs you will ultimately come across stumbling blocks or obstacles. A strong support team will help you overcome these obstacles and push you towards fitness success. 

Who is on your support team? Here is a brief list

1) A supportive family member.
2) A supportive friend
3) A fitness coach 
4) A group of other individuals who are striving towards the same goals.

The key here is to surround yourself with like minded people who all share similar goals and will support you on your fitness journey just as you will support them on theirs. 

Step #4 – Get Started TODAY! (Do not wait till January 1st 2011)

The key in all of this is in two single words: Personal Power. Personal Power means your ability to take action! All of this information is useless unless YOU take action! 

If you are reading this blog you are one of the few who want to change their fitness for the better, however you must now ACT!

Start today! Do not wait till January 2nd 2011!

Here are three action steps to take RIGHT NOW!

1) Clean out the cupboards – Get rid of all the processed foods and junk that you have in the house. (Hint – 99 percent of food that is in boxes is processed and is garbage for the body)
2) Replace with healthy fuel! Food is fuel for the body, the problem is that we are feeding our bodies diesel fuel instead of premium gasoline! Go to the grocery store and purchase lean cuts of poultry, fresh vegetables, fruits, lean cuts of meat, slow burning carbohydrates like oatmeal, brown rice and yams. If you need a helping hand with this email us and we will send you some information regarding nutrition
3) Join a fitness meet-up group in your area. A fitness meet-up group is an excellent way to start on the road to fitness. When you join our meet-up groups you will be surrounding yourself with individuals who have the same goals as you do, and will support you and help you get to your fitness goals. Individuals in a meet-up group provide accountability and support!

Here are two of our meet-up groups that you can join! 

In our third installment for “Achieving Your Fitness Goals in 2011” we will take a look at the process of setting goals!

Stay Tuned!

Trevor Folgering
The Canada StairClimbing Association

NioGold Completes $7.5 Million Offering

NioGold Completes $7.5 Million Offering

December 23, 2010

Vancouver, BC – NioGold Mining Corporation (TSX-V: NOX).  Further to its news releases of November 15 and December 16, 2010, NioGold is pleased to announce that it has closed its brokered private placement, led by Northern Securities Inc., for gross proceeds of $7,040,660 and a non-brokered President’s List private placement for gross proceeds of $454,740.  Due to demand, the offering was increased by $1 million over the originally planned $6.5 million.

NioGold issued a total of 6,566,843 Flow Through Common Shares at a price of $0.38 per share for gross proceeds of $2,495,400, and 15,625,000 Units at a price of $0.32 for gross proceeds of $5,000,000.  Each Unit was comprised of one common share and one-half of a warrant, each whole warrant entitling the holder to purchase a further common share at a price of $0.48 for a period of two years.

The Company paid a cash commission of $455,346 and issued 1,469,661 Agent’s Options to Northern and its selling group.  The Company also paid $5,229 and issued 13,760 Agent’s Options in payment of finder’s fees on President’s List subscriptions.  Each Agent’s Option is exercisable to acquire a Unit at a price of $0.32 per Unit.  1,370,821 of the Agent’s Options have a term of 14 months and may not be exercised in the first 6 months.  The remaining 112,600 Agent’s Options have a term of 24 months and no exercise restriction.

All securities issued are subject to a hold period expiring on April 24, 2011.  The Company will use the proceeds for property exploration and for general working capital.

NioGold Mining Corporation – « On Canada’s Golden Highway »

NioGold Mining Corporation is a mineral exploration company focused on GOLD.  The Company’s flagship projects are located in the Cadillac – Malartic – Val-d’Or stretch of the prolific Abitibi gold mining district, Quebec.  The Cadillac – Malartic – Val-d’Or area has produced over 45M ounces of gold since the 1930’s and presently encompasses eight producing gold mines and a major mine development project (Canadian Malartic, Osisko Mining).  NioGold’s land holdings within the Abitibi presently cover 115 km2 and encompass three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced 600,000 ounces of gold.  NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.  

NioGold’s experienced and qualified technical team will ensure the successful advancement of the Company’s projects towards the highest quality mineral resources.  NioGold invites you to visit the company website at

This news release was prepared by Rock Lefrançois, P.Geo. (OGQ), the Company’s President & COO and Qualified Person as defined by National Instrument 43-101.  For information on NioGold Mining Corporation contact:

Michael A. Iverson, Chairman & CEO                                                                    
Tel: (604) 856-9887                                                       
Toll-free: (877) 642-6200

Dale Paruk, Vice-President
Tel: (604) 662-4505

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the polices of the TSX Venture Exchange), nor the Frankfurt Stock Exchange, accepts responsibility for the adequacy or accuracy of this news release.


This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.


The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as ‘measured resources’, ‘indicated resources’  and  ‘inferred resources’, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 20-F. The news release contains information about adjacent properties on which we have no right to explore or mine. U.S. investors are cautioned that mineral deposits on adjacent properties may not be indicative of mineral deposits on our properties.

For further information please contact:
Dale Paruk
NioGold Mining
Tel: 604-662-4505
Toll-free 1-877-642-6200

The Significance Of Travel And Recreation

… just for the fun of it!

In a busy, hectic schedule it is those that work the hardest, deserve it the most and can afford to pay for it that often forget to take care of themselves and stay in balance.

A big part of balance in life is just enjoying life. Travel, dining, sports, entertainment, crafts, games and just general leisurely activities. There is a time for pure fun, laughs and ofcourse silliness. Let your inner child come out and play, enjoy the company of others and adventure of trying new things.

Take a moment to contemplate on the work ‘recreation’. It is based on ‘re-create’ or to ‘create again’. Now take a moment to consider what it would be like to break out of your regular routine and try something new, go someplace new, try a new cuisine or take in a cultural event. Find new personal perspective, get re-energized, re-visit your dreams, let your spirit sour. Bring some more GUSTO into your life.

If you live in a cosmopolitan city, such as Toronto you don’t have to travel far either.  There are world-class things to see and do in the city.  Toronto Top Attractions.

So, take some time, smell the roses, check out some culture, play in the parks, visit the islands, and indulge in the wonderful delicacies that surround you.

Baldo Minaudo (Blog)
Author, ‘The Banker Who Saved His Soul’
President, MetroActive Lifestyle Network
LinkedinFacebooktwitter Connecting Engineers and Technologists

For those engineers, technologists, inventors and business owners facing challenges there is hope. GCEngineers, an abbreviation for Globally Connected Enginers is an online community conceived by a group of engineering technologists who upon graduating found themselves facing the challenge of finding employment, support, tools and support in the toughest economy of our times.

The key founder of the site is Moe Taleb, at the time a Sheridan student enrolled in the Mechanical Engineering Design and Drafting program. His ideas was to connect Engineering students together since there was no network available within Ontario dedicated to the unique needs and nature of engineering students.

Taleb went to Nick Aleks, a fellow student in the mechanical engineering program. Aleks, a previously award winning robotics developer with expertise in the technical aspect of web development. The idea then transformed into a social network in which engineers and technologists can find each other and work together online.

The first phase of the network was launched in September of 2009 and relaunched February 27 with some improvements. The new launch included a better css style, Company and personal profiles, an online library where students can search for files that can help them with their school work, job boards, and a resume build section within the personal profiles.

The team had conducted surveys to determine the unique needs of engineers, which resulted in the design of new functionality to the website which is now being developed. With the need for additional programming, new talent was added to the team. Students were brought onto the team to apply what they had learned in class, help build their portfolio, gain experience and network.

In November of 2010, a VentureMind a venture capital firm out of Toronto invested in bringing additional resources, expertise and contacts to help grow the community.

The work has gotten a lot more hectic, and the idea a lot more serious as the market need was validated by additional research. Within the first year the site acquired over 400 engineering users to assist with the pre-beta phase of the site. There are currently seven new applications being developed that promise to make the members very happy by making their life easier and providing them help with their careers, business and projects. is now looking for additional engineering types (engineers, technologists, technicians, inventors, tinkerers, teachers) to join the community, provide feedback, and contribution to a special plae where we can help each other.

The team of individuals that GCEngineers is currently working with is amazingly working hard. The team is managing its time very wisely in building the online community.

With a leading team of grass roots users, business minded CEO, and eager community members GCEngineers shows great promise for engineer types across the world.

Moe Taleb is a Mechanical Engineering Technologist, as well as President @ GCEngineers. You can reach Moe by email: Connecting Engineers and Technologists

Living in Gratitude

Living Your Life with Gratitude

As we enter the holiday season it is important to realize that we must live in gratitude for all that we have. When you live in gratitude miracles can happen to you and the people around you.

Living in gratitude is much more then being kind or saying “Thank-you.” It is a way of living that lets you help others who are in need and suffering. 

Being in gratitude helps you understand that there are people in this world that are much worse off then you are.

Are problems are so small compared to others in this world. We are so lucky to live in this country called Canada.

Do you know that in other parts of the world there are beggers at every single corner? Not only that but there are children who beg for money or food. What is even more astonishing is that these children have had one or more of their fingers cut off by their parents to make them better beggers. 

It really is jaw dropping to think that these cruelties do happen in other parts of the world.

Thats why I think its best if we all take care of each other….love each other the best way we know how. Be kind, considerate and most importantly give back. Donate your time, your heart and your spirit to good causes. Homeless shelters, food banks. Be of service to your fellow human beings.

It is the only way to make this world a better place.

I found that one of the real reasons we are here is to develop our talent so that we can give back to the world. 

So really today I want you to be thankful and live in gratitude for all that you have and all that you are! Love yourself and others! Let that love shine out and let it be felt by others.

Let others feel your love, and gratitude. Be genuine in your actions!

Start to do this in your life and you will receive miracles!

Happy Holidays!

Trevor Folgering
The Canada StairClimbing Association

Golden Hope Mines Limited Closes C$3.7 million Financing

December 17, 2010

Golden Hope Mines Limited Closes C$3.7 million Financing
TORONTO, ONTARIO – (Marketwire – December 17, 2010) – – Golden Hope Mines Limited (“Golden Hope” or the “Company”) (TSX VENTURE:GNH)(OTCQX: GOLHF) is pleased to announce the closing of a non-brokered private placement financing of C$3,700,000.

The private placement consisted of 6,037,735 flow-through common shares (“Flow-Through Common Shares”) at a price of C$0.53 per Flow-Through Common Share and 1,250,000 units (“Units”) at a price of C$0.40 per Unit for gross proceeds of C$3,700,000 (the “Offering”). Each Unit consists of one non-flow-through common share (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”) entitling the holder thereof to purchase an additional Common Share at C$0.53 per Common Share for a period of up to 24 months following the closing of the Offering.

Frank Candido, President of Golden Hope Mines, states “The funds raised will be used primarily to advance exploration work at the Company’ s Bellechasse gold project, with the principal objective of developing a preliminary resource estimate during 2011. In addition, the Company will continue to develop and test drill targets along the approximate 18 kilometres of strike length between the Beland geochemical anomaly and the Bellechasse-Timmins and Laval’s Mountain gold zones. Funds will also be used to test other high priority gold and base metal targets on the Company’s claim blocks in South Eastern Quebec. ”

In connection with the private placement, the Company paid a finder’s fee of C$219,000 representing approximately 6% of the gross proceeds raised in the private placement. The Company also issued non-transferable broker warrants entitling a finder to purchase 416,037 Common Shares of the Company at an exercise price of C$0.53 per Common Share for a period of 24 months from the date of closing. In addition, Company issued non-transferable broker warrants entitling a finder to purchase 87,500 Common Shares of the Company at an exercise price of C$0.40 per Common Share for a period of 24 months from the date of closing.

Under applicable securities legislation and policies of the TSX Venture Exchange, the securities issued or issuable in the private placement are subject to a hold period expiring on April 15, 2011

This press release does not constitute an offer to sell or the solicitation of an offer to buy any shares of the Company’s common stock, nor shall there be any sales of these securities in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Golden Hope Mines Limited:
Golden Hope Mines Limited is a junior exploration company focused on growing shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects. The Company’s main project consists of the Bellechasse gold belt in Southern Quebec, Canada. The property is located on a mineralized belt that is mostly owned by Golden Hope and which includes the Bellechasse-Timmins gold deposit. The Company aims to explore and develop this flagship project into a world-class gold asset in an under explored region of one of the friendliest mining jurisdictions with excellent access to low cost infrastructure. For further information on Golden Hope Mines Limited please visit

Forward-Looking Information:
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this press release, other than statements of historical facts, that address future events, the size and use of proceeds of the Offering 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. Factors could cause actual results to differ materially from those in forward-looking statements. These include market prices, exploitation and exploration successes, and 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 registered filings at

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.

For more information, please contact

Golden Hope Mines Limited
Frank Candido
President, Director
416-864-0175 (FAX) or
Public Relations Canada:
Paradox Public Relations
Corporate Communications

Investor Relations USA:
American Capital Ventures
Richard Hull