Roughrider Doubles in Size as Hathor Confirms an Additional 30 M lbs at 11.58 % U3O8 for the East Zone

Vancouver, May 17, 2011- Terra Ventures Inc. (TSX-V: TAS) is pleased to provide an update on the Midwest Northeast Uranium property in which Terra owns a 10% production carried interest. In a press release dated May 17, 2011, Hathor reported:

“Hathor Exploration Limited (TSX:HAT)is pleased to announce the first mineral resource estimate for the East Zone of the Roughrider Uranium Deposit located in the Athabasca Basin, Saskatchewan. The estimate identifies 30 M lbs grading 11.58 % U3O8, and doubles the overall size of the Roughrider deposit, as currently defined.

Table 1 below shows the Mineral Resource Statement (“MRS”) for the East Zone at the Roughrider Uranium Deposit, as determined by SRK Consulting (Canada) Inc (“SRK”), using the ordinary kriging (OK) method. Table 2 below lists the global model quantities using various cut-off grades. Table 3 shows the total resource for the Roughrider Uranium Deposit; this total does not include the recently discovered Far East Zone. Graph 1 is a grade tonnage curve, which in combination with Table 2, illustrate that the East Zone is relatively insensitive to cut off limits up to a value 1.00 % U3O8.

Table 1: Mineral Resource Statement for the East Zone, Roughrider Deposit, SRK Consulting *

CategoryQuantityGradeContained
[Tonnes]U3O8 [%]As [%]Co [%]Cu [%]Mo [%]Ni [%]Se [ppm]U3O8 [million lb]
Total Inferred118,00011.580.020.010.860.100.0226.6530,130,000
* Mineral resources are not mineral reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimates. Reported at a cut-off of 0.4 percent U3O8 based on an underground mining scenario, metallurgical recovery of 98 percent, and metal prices of US$80.00 per pound of U3O8.

Table 2: Global Model Quantities and Grade Estimates,
East Zone, Roughrider Uranium Deposit *
Cut-OffQuantityGradeContained
U3O8 [%][tonnes]U3O8 [%]U3O8 [lb]
0.10119,09611.4830,140,000
0.30118,75711.5130,130,000
0.40118,03411.5830,130,000
0.50116,75111.7030,110,000
0.80112,30812.1430,060,000
1.00108,95012.4930,000,000
3.0088,97014.8829,190,000
* The reader is cautioned that the figures in this table should not be misconstrued with a Mineral Resource Statement. The figures are only presented to show the sensitivity of the block model estimates to the selection of cut-off grade.
Table 3: Total resources, Rougher Uranium Deposit
Mineral ZoneFootnotesCategoryQuantityGradeContained
[Tonnes]U3O8 [%]U3O8 [million lb]
East  Zone1,3,4Total Inferred118,00011.5830.130
West Zone2,3,5Total Indicated394,2001.9817.207
West Zone2,3,5Total Inferred43,60011.0310.602
1Cut-off of 0.4 percent U3O8 based on an underground mining scenario, 2 Cut-off of 0.05 percent U3O8 based on an open pit, using all material above 200 m elevation, 3 Metallurgical recoveries of 98 percent and metal prices of US$80.00 per pound of U3O8 , 4 Disclosed in this news release, 5 Disclosed in news release dated Nov 29, 2010

Geological Framework

The East Zone is the middle of four zones currently identified at the Roughrider Uranium Deposit, as shown in Figure 1.

The resource model for East Zone was developed using data from 21 drill holes completed between September 2009 and September 2010 (Figure 2). The surface projection has a surface trace approximately 120 m long in a north-easterly direction, which corresponds to a down-dip length of approximately 125 m. The East Zone is a series of stacked, parallel lenses (>0.5 % U3O8) that collectively dip moderately to the north-east (Figure 3). The mineral lenses are separated by intervals of weakly mineralized or non-mineralized rock (<0.05 % U3O8). The contacts between these zones are sharp. Unlike the West Zone, the mineral lenses are not uniformly mantled by a rim of low grade mineralization. As shown in Figure 3, there is abundant low grade mineralization intersected in drill core which is not included in the mineral lenses of the current resource model, and which represents additional resource potential.

As shown on the cross sections in Figure 4and Figure 5, the lenses at East Zone span an aggregate thickness of up to 40 — 50 m, with mineralization spanning a vertical extent of up to 80 – 100 m, starting at approximately 250 m depth from surface, and some 30-50 m below the unconformity.

As shown in the three dimensional model for the overall Roughrider Uranium deposit in Figure 6, the East Zone is positioned along-strike but slightly deeper than the West Zone. At East Zone, mineralization is hosted within basement rocks of both the Wollaston Group (pelitic gneisses, graphitic pelitic gneiss) and the Hanging Wall Wedge (granitic gneiss and granites). Overall, the Roughrider uranium system developed atop the Midwest Dome of Archean granitic gneiss, as shown in the 3-D model in Figure 7.

Mineral Resource Statement

The Mineral Resource Statement for Roughrider East Zone was constructed by SRK Consulting (Canada) Inc. A completed technical report prepared following Canadian Securities Administrators’ National Instrument 43-101 will be available on SEDAR within 45 days of this News Release.

The boundaries for uranium mineralization were modelled by SRK based on Hathor sectional interpretations for seven high grade zones and wireframe grade shells generated with Leapfrog software by SRK. The Leapfrog grade shells where generated using a 0.5 % U3O8 threshold. SRK used both the Hathor interpretation and Leapfrog shells to generate a wireframe outline of uranium mineralization (>0.5 % U3O8). All interpreted sections strings were snapped to drill hole intersections where possible.

The database used to evaluate mineral resources for the Roughrider East Zone consists of twenty-one diamond drill holes completed between September 2009 and September 2010. The database comprises approximately 368 sample intervals assayed for U3O8 and other metals (including arsenic, cobalt, copper, molybdenum, nickel and selenium), and forty-six specific gravity measurements.

All assay intervals within the wireframe solids were composited to 0.5 metre to provide common support for analysis and estimation. Ninety one percent of all assays had sample lengths of 0.5 metres. SRK evaluated the impact of high grade composite outliers in each zone using cumulative probability plots, histograms and examining the spatial distribution of higher grades with respect to other drill holes and adjacent composites. SRK concludes that no significant outliers are present in the database because high grades above the 95th to 98th percentiles for each resource domain are supported by adjacent composites or composites in nearby drill holes with grades ranging from 2.00 to 40.0 % U3O8.

Normal scores variograms were used to model the spatial distribution of U3O8. A single variogram was developed for the combined zones, as each zone contains too few composites for analysis. Variogram analysis was not conducted on potentially deleterious elements. There is insufficient specific gravity data for variogram analysis. The U3O8 variogram is orientated parallel to the general strike and dip-direction of the resource domains. Variogram model ranges (second structure) are 30m by 30m by 9m in the strike, dip direction and normal directions respectively. The U3O8 variogram model was assumed for the estimation of potentially deleterious elements and specific gravity excluding domains 4, 5 and 7.

Table 4. Summary of Variogram Model Parameters.
VariableDomainZoneC0CCModelRx [m]Ry [m]Rz [m]Datamine Rotation Comments
Z AxisY Axis
U308%AllAll0.200.15Exponential1515313045Normal Scores

A sub-blocked model was generated using Datamine Studio 3. The block model coordinates are based on the local UTM grid (NAD 83, Zone 13). The parent block size is 4.0 by 4.0 by 2.0 metres in the X, Y and Z directions respectively. The estimation strategy consists of estimating U3O8, potentially deleterious metals (arsenic, cobalt, copper, molybdenum, nickel and selenium) and specific gravity into a block model informed from composite data and constrained by seven resource domains. Specific gravity was not estimated for Domains 4, 5 and 7. Domains 4 and 5 have only two and four composites, respectively
and specific gravity was not measured on core samples from domain 7.

U3O8 grades were estimated using three estimation runs using ordinary kriging informed from composite data from each domain, separately. The first estimation run is based on a search ellipse with ranges equal to the largest variogram model structure. The second run considers a search ellipse equal to twice the variogram ranges, while for the third estimation run the search ellipse was generally inflated to four times the variogram ranges. The bulk of blocks are estimated by the first run. The second and third estimation runs add only about ten and twelve percent more material, respectively to ensure that all blocks in the resource domains are estimated. Estimation of specific gravity using composites provides the most reasonable results maintaining the variability of the original composites. Specific gravity was estimated using an inverse distance function. For domain 4 the average of two specific gravity composites was (2.14) was assigned to all blocks of that domain. Blocks from domain 5 were all assigned as specific gravity value of 2.23, the only data available for that domain. The average of all specific gravity composites was assigned to all blocks for domain 7 (2.74). Only parent blocks were estimated. Sub-blocks were all assigned parent block values. Potentially deleterious elements (arsenic, cobalt, copper, molybdenum, nickel and selenium) were estimated using ordinary kriging. Variogram models for U3O8 were assumed for these metals. The same
estimation parameters as U3O8 were used for estimating these elements.

Estimates were verified by conducting checks on Zone 2. Verification procedures included visual examination of block grades to drill hole composites, and comparing estimated grades at zero cut-off to nearest neighbour estimates and declustered means for each zone. All validation checks confirm that the block estimates are appropriate and reflect the underlying
borehole sampling data.

Mineral resources for the Roughrider Uranium East Zone have been classified according to the “CIM Definition Standards for Mineral Resources and Mineral Reserves” (December, 2005) by G. David Keller, P. Geo (APGO#1235) and Sébastien Bernier P.Geo. (APGO#1847) both “independent qualified person” as defined by National Instrument 43-101. After review, SRK considers that all modelled blocks in the Roughrider East Zone should be classified as Inferred within the meaning of CIM definitions because the confidence in the estimates is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability worthy of public disclosure and justify an Indicated classification. Additional infill drilling and sampling is required to support a higher classification. It cannot be assumed that all or any part of an Inferred mineral resource will be upgraded to an Indicated or Measured mineral resource as a result of
continued exploration.

Midwest Northeast Property

The Midwest Northeast Property is within the main uranium-producing eastern corridor of the Athabasca Basin. The Property comprises 3 mineral leases covering 543 ha. Infrastructure is excellent. The Property is connected to Highway 955 by a 6 km winter road. The property is 8.5 km north of the community of Points North and the Points North commercial airport, the main service hub for northeastern Saskatchewan. The Property is within 25 km of operating uranium mine, mill and tailings facilities established at Rabbit Lake and McClean Lake during the past 35 years of production in the Athabasca.

Terra Ventures Inc. owns a qualified 10% interest in the largest claim on the Property, carried to the completion of a positive feasibility study and announcement of intent for commercial production. Terra and Hathor recently announced (May 9, 2011) a definitive Plan of Arrangement, which remains subject to a number of conditions including, but not limited to, receipt of all regulatory, court and shareholder approvals, and will result in consolidation of 100% ownership of the Roughrider uranium deposit.

Alistair McCready, Ph.D., P.Geo., Hathor’s V.P. Exploration with responsibility for all of Hathor’s exploration in Saskatchewan, and Michael Gunning, Ph.D., P.Geo, Hathor’s Chief Executive Officer, are Qualified Persons as defined by National Instrument 43-101 and have reviewed and approved the technical disclosure contained in this news release.”

Terra Ventures is a junior exploration company focused on acquiring and developing quality uranium projects which have world class potential. The Company is dedicated to building shareholder value by acquiring strategic uranium properties in this period of strengthening global demand for uranium supply. The Company’s combination of strategic land positions, prospective exploration projects and no risk carried interest projects – combined with technical expertise and management’s fundraising ability – are the foundation for growth in the uranium business.

For further particulars about Terra Ventures, please contact Ryan Johnson, Investor Relations, at 1-866-683-0911 or visit the Company’s website at www.terrauranium.com.

On behalf of the board of directors of

TERRA VENTURES INC.

“Gunther Roehlig”

Gunther Roehlig, President

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 news release.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Trelawney Announces Filing of Preliminary Prospectus

NOT FOR DISSEMINATION IN THE UNITED STATES

Toronto, Ontario – Trelawney Mining and Exploration Inc. (“Trelawney” or the “Company”) (TSXV: TRR, Frankfurt: RTW) announces that it has filed a preliminary short form prospectus in connection with its previously announced bought deal public offering of common shares.  The Company has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and including Jennings Capital Inc., BMO Capital Markets and Stifel Nicolaus Canada Inc. (the “Underwriters”), pursuant to which the Underwriters agreed to purchase an aggregate of 12,500,000 common shares (the “Common Shares”) of the Company at a price of CDN$4.00 per Common Share (the “Offering Price”) for aggregate gross proceeds of CDN$50.0 million (the “Offering”).

Trelawney has granted the Underwriters an option (the “Over-Allotment Option”) to purchase up to an additional 15% of the Offering at the Offering Price, exercisable in whole or in part, at any time prior to the 30th day following the closing of the Offering.

Net proceeds of the Offering will be used for:

– drilling, stripping/mapping, compilation work, resource expansion and definition, assaying and other related costs at the Côté Lake Deposit (approximately $11,375,000 during 2011);
– drilling, stripping/mapping, compilation work, assaying and other related costs on the other areas of the Chester Property (approximately $2,965,000 during 2011);
– drilling, metallurgical studies and pre-feasibility studies at the Côté Lake Deposit (approximately $30,660,000 within the following two year period); and
– general working capital purposes (approximately $2,500,000).

The Offering is scheduled to close on or about May 31, 2011 (the “Closing Date”) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registrations requirements of such Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, sale or solicitation would be unlawful.

Copies of the preliminary prospectus may be obtained from RBC Capital Markets, Attention: Distribution Centre, 277 Front St. W., 5th Floor, Toronto, Ontario M5H 2X4 (tel: 416-842-5349).

For further information contact:

Greg Gibson, President and CEO
416-363-8567 or ggibson@trelawneymining.com

– or-

Andres Tinajero, CFO
416-363-8567 or atinajero@trelawneymining.com

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.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc.  Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties.  Actual results may differ materially from those currently anticipated in such statements.

Copper Mountain Project Unaffected By Japan Earth Quake

Vancouver, British Columbia – March 17, 2011 – Copper Mountain Mining Corporation (TSX: CUM) (the “Company” or “Copper Mountain”) announces that after fielding a number of calls from the investment community, the Company thought it would be prudent to reassure investors that the weeks recent earth quake in Japan has not impacted the Company’s Copper Mountain Project.  All major equipment is on site and being assembled and is on schedule.  Likewise, the Company believes that the Company’s plans for delivery of copper concentrate commencing this summer remain unaffected.

Mitsubishi Materials Corporation (MMC) announced on March 11, 2011 that they have suspended operations at its Onahama copper smelter because of the terrible damage by the earthquake and tsunami, as well as the damages to the infrastructures and logistics for the smelter.  MMC is currently evaluating the situation and yet to  have an estimate of when the Onahama copper smelter will resume its operation. MMC operates three copper smelters, two in Japan, Onahama (subsidiary of MMC) with annual copper cathode production capacity of 258,000 tons and Naoshima with capacity of 225,000 tons, and the PT smelting (subsidiary of MMC) in Indonesia with 300,000 tons. MMC has contracted to purchase 100% of the copper concentrate produced by the Copper Mountain Project. In accordance with the contracts, MMC will implement necessary actions to fulfill its obligations in good faith. MMC’s commitment to the Project is unchanged.

According to the “International Copper Study Group,” Global smelting capacity will expand by 14 percent to 20.68 million tons by 2014, while mining capacity will only reach 18.98 million tons.  According to an article by Reuters on Mar 11, 2011 they reported that Japan was expected to produce 1.6 million tonnes of refined copper in 2011, about 7.6 % of world output. Currently there is excess smelter capacity, the majority of which is in China as the country continues to feed its need for raw materials and refined copper in particular. The Copper Mountain concentrate is very clean and an acceptable concentrate at most smelters.

Construction work on the Company’s Copper Mountain Project continues to proceed on schedule and as planned.  The overall schedule for the project remains unchanged with construction expected to be completed by the end of April 2011, commissioning of equipment is scheduled to occur during May 2011, and full production scheduled to be achieved by the end of June 2011.  Preproduction mining activities are well underway and the Company’s new mining fleet is operating as expected.   Commissioning of the primary crusher, ore stockpile recovery system and pebble crusher is now underway, while installation of the grinding mills is proceeding and are expected to be ready for testing by the end of April.  Mechanical installation in the concentrator is well advanced with the bulk of construction activities directed at piping and electrical activities.

The project currently has 557 workers on site, of which 180 are Copper Mountain personnel and the rest associated with the construction activities.  At full production, the project will employ 271 personnel.  

 About Copper Mountain Mining Corporation:
Copper Mountain is a Canadian resource company managed by an experienced team of professionals with a solid track record of exploration and development success.  The Company’s shares trade on the Toronto Stock Exchange under the symbol “CUM”.  Copper Mountain owns 75% and Mitsubishi Materials Corporation owns 25% of the Copper Mountain Project.  The 18,000 acre mine site is located 20 km south of the town of Princeton in southern British Columbia.  The Copper Mountain Project has a current resource of approximately 5 billion pounds of copper, the Copper Mountain Project is fully financed ($438M) and in construction and on schedule for the mine to produce approximately 100 million pounds of copper per year by mid 2011. Additional information is available on the Company’s web page at www.CuMtn.com.

On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
 “Jim O’Rourke”                                                                                                                                      
 J.C.(Jim )O’Rourke,P Eng.
Chief Executive Officer

Note:  This release contains forward-looking statements that involve risks and uncertainties.  These statements may differ materially from actual future events or results.  Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.  The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statement.

Canadian International Minerals interview with Mike Schuss

March 14, 2011

Smartstox interview with Mike Schuss, President of Canadian International Minerals (TSX-V: CIN) March 3, 2011,
Mike reviews the new radiometric maps that show the huge thorium-high anomalies surrounding the Spectrum discovery and a prime target on the Canadian International property where work will start in May.
http://www.smartstox.com/interviews/cin/

David Hall, CEO of Aurizon Mines interviewed on BNN at The Association for Mineral Exploration BC (Roundup) in Vancouver

January 28, 2011

Please find below a link to a BNN interview with David Hall, CEO of Aurizon Mines. The interview is seven minutes long and the focus is on NioGold’s Marban block which is part of NioGold’s 120 sq km Malartic project near Val d’Or Quebec.
http://watch.bnn.ca/#clip407827

The NioGold/Aurizon agreement is summarized below:

As of January 2010 indicated resources for the Marban block property, located in the Malartic gold camp in the Abitibi region, Quebec totaled 598,000 ounces, while inferred resources totaled 361,000 ounces. The gold resources are defined along a three-kilometre segment of the Norbenite-Marbanite fault zone, in and around the former Marban, Norlartic and Kierens gold mines, which collectively produced 600,000 ounces of gold.

Aurizon Mines Ltd. has signed an option and joint venture agreement with Niogold Mining Corp. on the Marban block property, pursuant to which:

Aurizon can earn a 50-per-cent interest in the Marban block, subject to underlying royalties, by:
Incurring expenditures of $20-million over three years, of which $5-million is a firm commitment to be spent in the first year;

Completing an updated NI 43-101-compliant mineral resource estimate;

Making a resource payment equal to the sum of $30 (or $40 if the price of gold is then above $1,560 (U.S.)) multiplied by 50 per cent of the number of total gold ounces in the measured and indicated resource categories plus $20 (or $30 if the price of gold is then above $1,560 (U.S.)) multiplied by 50 per cent of the number of total gold ounces in the inferred resource category, based on the updated resource estimate.

Aurizon can earn an additional 10-per-cent interest, for a total 60-per-cent interest, by delivering a feasibility study.

Aurizon can earn an additional 5 per cent, for a toal 65-per-cent interest, by arranging project financing for capital expenditures estimated by the feasibility study to place the project into commercial production.

NioGold will be operator during the initial earn-in period, and Aurizon will provide input on exploration programs and will become operator after the initial 50-per-cent interest has been earned.

For further information please contact:
Dale Paruk
NioGold Mining
Tel: 604-662-4505
Toll-free 1-877-642-6200
Email: dparuk@niogold.com

NIOGOLD TO INTENSIFY DRILLING IN MALARTIC WITH TWO MORE DRILLS

Val-d’Or, Quebec – January 13, 2011 – NioGold Mining Corporation (TSX-V:NOX) (“NioGold” or the “Company”) is stepping up its exploration activity in the Malartic gold camp, Abitibi region of Quebec.  The Company plans to drill in excess of 55,000 metres on its land holdings during 2011.  Two drill rigs are currently in operation and two more will be added by the end January.

Marban Block property

Two drill rigs are in operation at the Marban gold deposit since late August under the terms of the Aurizon Mines Ltd. (“Aurizon”) option agreement.  To date, 47 holes and two (2) extensions of previous holes were completed for a total of 13,000 metres.  Results for 15 holes were reported and more results are expected to be released shortly.  The initial phase of the program is confirming the geological and structural model and the continuity to the gold mineralised zones at Marban.  

A third drill rig will be added by month’s end to complete 5,000 metres of shallow definition drilling on the Norlartic gold deposit, more specifically within upper 200 metres from surface.

Aurizon can earn up to a 65% interest in the Marban Block property under the terms of an option and joint venture agreement signed last July (see news release dated July 6, 2010).  The initial 50% interest can be earned by incurring expenditures of C$20 million over three years, completing an updated NI 43-101 compliant mineral resource estimate, and by making a resource payment for 50% of the total gold ounces defined by the mineral resource estimate.  NioGold is the project operator during the initial earn-in period.

The first year program of Aurizon’s earn-in includes 50,000 metres of diamond drilling mainly directed at better defining and increasing the near surface mineral resources at the Marban and Norlartic gold deposits. 

Malartic camp exploration

Following the closing of a C$7.5 million financing in December (see news release dated December 23, 2010), the Company has budgeted for a minimum of 20,000 metres of exploration drilling for 2011.
Several targets have been identified on the Company’s extensive Malartic camp land holdings with a priority given to investigate under-explored sectors where favourable geological and structural settings were identified from comprehensive compilation work. 

The 2011 campaign is scheduled to start in late January with an initial 4,000 metres of drilling planned to investigate sedimentary formations in the southern portion of the Malartic Block claims.  The targets lie immediately to the north of the famous Cadillac fault and the Canadian Malartic, Barnat and Jeffrey Zone gold deposits being developed by Osisko Mining Corporation. 

“The Company is very pleased with the initial drilling results on the Marban Block under the partnership with Aurizon and there will be a lot more developments to come in 2011.  The successful closing of a $7.5 million financing in December will allow the Company to be aggressive on pure exploration drilling in 2011 and probe areas in the heart of the mining camp that have been overlooked in the past” commented Rock Lefrançois, NioGold President & COO.
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, Province of Quebec, Canada.  The Cadillac, Malartic and Val-d’Or mining camps have produced over 45 million ounces of gold since the 1930’s and presently encompasses seven producing gold mines and a major mine development project (Canadian Malartic, Osisko Mining).  NioGold’s land holdings within the Abitibi presently cover 125 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 www.niogold.com.  For information on NioGold Mining Corporation contact:

Michael A. Iverson, Chairman & CEO                               Dale Paruk, Vice-President
miverson@niogold.com                                                        dparuk@niogold.com
Tel: (604) 856-9887                                                                Tel: (604) 662-4505
Toll-free: (877) 642-6200

FOWARD-LOOKING STATEMENTS
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 TSX Venture Exchange or the Frankfurt Stock Exchange did not approve nor do not accept responsibility for the adequacy or accuracy of this news release.

CAUTIONARY NOTE TO U.S. INVESTORS
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
Email: dparuk@niogold.com

Great Panther Reports Fourth Quarter And Record 2010 Production

GREAT PANTHER SILVER LIMITED (TSX: GPR; the “Company”) is pleased to report record 2010 production of 2,255,802 silver equivalent ounces (“Ag eq oz”), a 2% increase over 2009. New records were established for the output of all metals, comprising 1,534,957 ounces silver, 7,216 ounces gold, 1,092 tonnes lead, and 1,358 tonnes zinc.

These records come as the Company completes its first full year of a 3-year organic growth strategy, whereby 2010 saw a strong focus on exploration and development, new equipment purchases and plant upgrades. While these are continuing in 2011, the investments made to date will allow the Company to gradually increase production to meet its stated goal of 3.8 million Ag eq oz by 2012. Guanajuato silver and gold production was virtually unchanged year-on-year, with 1,019,856 oz silver and 6,619 oz gold, for 1,433,555 Ag eq oz, while Topia metal production was up by 24%, with 515,101 oz silver, 597 oz gold, 1,092 tonnes lead and 1,358 tonnes zinc for 822,247 Ag eq oz.

2010 Year-end highlights include records for:
Total metal production of 2,255,802 Ag eq oz, up 2% from 2009;
Silver production of 1,534,957 oz, up 5% from 2009;
Gold production of 7,216 oz, up 1% from 2009;
Lead production of 1,092 tonnes, up 25% from 2009;
Zinc production of 1,358 tonnes, up 29% from 2009;
Metallurgical recoveries of gold and silver at Guanajuato and silver, lead and zinc at Topia.
(Silver equivalents for 2010 were established using prices of US$1,000/oz Au, US$16/oz Ag, US$0.80/lb Pb and Zn. These will be revised for 2011.)

Fourth quarter (“Q4”) metal production totaled 565,660 Ag eq oz including 385,022 ounces silver, 1,943 ounces gold, 234 tonnes lead and 304 tonnes zinc. Compared to results from Q4 2009, silver production was down by 1%, lead and zinc production was up by 14% and 23% respectively, while gold production was down 21%. Total metal output from Guanajuato was down by 21% due primarily to lower ore grades while Topia output was up by 26%.

Fourth Quarter 2010 highlights include:
Metal production at Topia of 195,598 Ag eq oz, up 26% from Q4 2009;
Record metallurgical gold recovery of 91.1% at Guanajuato;
Further encouraging results from exploration drilling at the San Ignacio project;
Updated NI 43-101 compliant mineral resource and reserve update for Guanajuato.
Guanajuato Mine

Fourth quarter metal production from the mine totaled 255,372 oz silver as well as 1,835 oz gold, or 370,062 Ag eq oz, from processing 39,061 tonnes of ore with an average grade of 228g/t silver and 1.60g/t gold. The average grade of ore processed in Q4 2009 had been much higher, at 271g/t silver and 2.14g/t gold, and it was for this reason the total metal production in Q4 2010, at 370,062 Ag Eq oz, was 21% down year-on-year. Mine planning for 2011, confirmed by the new mineral reserve estimate, shows that ore grades will gradually improve as mine access is completed for the exploitation of the richer Cata Alto 1(a) and 2 zones.

In November 2010, Great Panther announced the appointment of Mr. Andrew Sharp as the new General Manager at Guanajuato. Andrew has a Bachelor of Engineering degree from the Western Australian School of Mines and more than 23 years experience in the mining industry.

In his most recent position, he was Manager of Technical Services for Projects with Platapanamericana, S.A. de C.V., the Mexican subsidiary of Pan American Silver, where he was responsible for the management of the La Preciosa Ag-Au deposit in Durango. His broad and relevant experience in vein-hosted silver deposits and track record in improving production and site efficiencies while increasing mine life comes at an important time as the Company is completing the first year of its three-year growth strategy. His mine-building experience will be particularly relevant in the development of Great Panther’s new discovery at the San Ignacio property.

During the quarter, the NI 43-101 compliant mineral resource estimate for Guanajuato was updated and the first mineral reserve statement was released. The Measured and Indicated resources were estimated at 5.45 million Ag eq oz, the Inferred resources at 2.68 million Ag eq oz, and the Proven and Probable mineral reserves (derived from the Measured and Indicated resources) were estimated at 320,000 tonnes with an average grade of 282g/t silver and 2.19g/t gold. Significantly, the mineral reserve grade compares very favorably with the average grades for 2010 and will lead to improved output from Guanajuato in 2011 and 2012.

The Guanajuato plant achieved record gold recovery and excellent silver recovery of 91.1% and 89.1%, respectively. Continuous improvements have been made to the plant operations and will carry on in 2011. Five new, 5 cubic metre, flotation cells were ordered from Outotec for delivery by the second quarter of 2011. In addition, new Krebs cyclones will be added to further improve the control of the grinding circuit.

Production stoping of the gold-rich Santa Margarita vein progressed well although overall gold production was down slightly compared to the previous quarter.

Production from the Los Pozos area on the 310 and 345 metre levels continued to increase and accounted for more than 50% of the total silver production at the mine. Access development to a third production stoping area at the 380 metre level was completed in Q4 and exploratory development was underway in December.

Revisions to the mine planning for Cata Clavo production have been made and ramp development to access all veins on the 520 metre level, as well as lateral development on the richer Alto 1(a) and Alto 2 zones, is underway. Output from Cata is expected to be restored to previous levels as ore grades improve. A new, 18-tonne capacity, underground haulage truck has been received and is being utilized to haul ore from the deeper sections at Cata.

Exploratory core drilling of the Guanajuatito North Zone below the 80 metre level has indicated mineralization continuing to depth and an access ramp has been driven to intersect the vein on the 120 metre level. The vein will be explored in more detail in the first quarter of 2011, in preparation for an additional stoping area.

Underground exploratory core drilling of the 1414 stope area between the Valenciana and Cata mine areas at the 320 metre level is underway. While this is being drilled, development along the 320 level will advance sufficiently to start the deep drilling under the main Valenciana Mine. The deep drilling will commence in the second quarter of 2011 and will test the Veta Madre structures in the Valenciana area below the 390 level, and along a 600 metre strike length.

Surface drilling of the San Ignacio property, located approximately 5 kilometres west-northwest of Guanajuato, continued with significant results from the third and fourth drill holes. The results confirm earlier results and provide encouragement for discovering other veins over the 4 kilometre long property. Hole ESI10-03 intersected 15 silver-gold mineralized zones, including the Melladito zone, which returned 212g/t silver and 1.99g/t gold over 4.3 metres, the Nombre de Dios zone with 850g/t silver and 3.75g/t gold over 3.1 metres, and a footwall stockwork zone with 680g/t silver and 1.94g/t gold over 3.85 metres. The fourth hole, ESI10-04, was drilled under ESI10-03 and intersected five silver-gold mineralized zones, including the Melladito zone with 240g/t silver and 0.8g/t gold over 5.8 metres, the Nombre de Dios zone with 2,020g/t silver and 7.80g/t gold over 0.9 metres, and a footwall stockwork zone with 660g/t silver and 1.73g/t gold over 3.25 metres, including 0.80 metres assaying 2,380g/t silver and 6.57g/t gold.

In light of the success of the 2010 drilling at San Ignacio, Great Panther’s Board of Directors has approved a new 2011 budget of $2.8 million for the exploration and development of the San Ignacio property. As soon as the appropriate permits are in place, an expanded drilling program will commence. Potential sites to establish a portal for an underground ramp are also being evaluated. Due to the proximity of the San Ignacio property to the Company’s main Guanajuato operation, any mineralization intersected in the course of underground exploration and development can be trucked to the plant for processing. In this way, cash flow provided by the additional tonnage can be used to offset the cost of the exploration and development program.
Topia Mine

Topia recorded another strong quarter with metal production of 129,650 oz of silver, 108 oz of gold, 515,305 lbs of lead, and 669,216 lbs of zinc from milling 9,081 tonnes of ore. This equates to 195,598 Ag eq oz, 26% higher than for Q4 2009. Ore grades averaged 458g/t silver, 0.46g/t gold, 2.78% lead and 3.64% zinc.

Plant performance remained strong with metal recoveries of 91.5% for silver, 81.5% for gold, 92.7% for lead and 91.8% for zinc. In addition to processing 9,081 tonnes from the Company’s mines, 3,650 tonnes were custom milled for a local miner, thereby increasing revenue and reducing unit costs. Several modifications are being made at year end, including additional new flotation cells for the zinc and lead concentrate circuits, which will enable plant throughput to be increased in 2011 by 22%, from 180 to 220 tonnes per day.

Mine development continued to extend known areas and provide access to new mining areas. Mining of the San Gregorio and El Rosario veins progressed well, contributing almost 40% of the silver production. Ramp development at Argentina continued and is now fully mechanized with an electric-hydraulic drill jumbo, a new 2-yard underground loader and a 7-tonne capacity haulage truck. Access to the third level is expected in the second quarter of 2011.

The surface exploratory drilling program, completed in the third quarter of 2010, was extremely successful and will guide mine development to continue to expand silver production from the San Gregorio, Recompensa, and Cantarranas (Hormiguera mine) veins plus enable new production to be added from other veins where no mining is currently taking place. Drilling on the La Prieta property proved the potential for this to be an additional mine for the Topia operations, with high silver values in the three drill holes of up to 2,500g/t over 0.25 metres. The program also returned several significant intercepts from other veins that are not currently being mined, including the Higuera vein (close to the San Gregorio vein), and the western portion of the Oliva vein (close to the Recompensa vein).

In addition, mine development on the Cantarranas vein at the Hormiguera mine has encountered 161 metres of strike length with an average width of 0.19 metres grading 1,403g/t silver, 0.88g/t gold, 2.02% lead, and 7.76% zinc. At Mina 7, on the San Gregorio vein, development is ongoing eastward, with 90 metres of strike length on the vein, with an average width of 0.43 metres grading 1,436g/t silver, 0.53g/t gold, 7.26% lead, and 12.23% zinc. Sub-level development and stoping is ongoing in both areas.

Mineral resource/reserve estimations have commenced on all viable areas with the completion of the surface drilling. Added mineral resources/reserves will play an important role in the Company’s plans to increase production at Topia by 20% per year from 2010 to 2012. The Company anticipates mineral resource/reserve estimates to be released for Topia in the first quarter of 2011.
Outlook

Great Panther’s 3-year strategy to accelerate production to 3.8 million Ag eq oz by 2012 is now commencing its second year. New equipment has been delivered to the mines, new production faces are being added, plant performance continues to excel, plant capacity is being increased, resources have been increased and reserves defined, and exploration drill programs have made significant new discoveries of high grade mineralization.

The combined production target for 2011 has been set at 2.87 million Ag eq oz, consisting of 1.94 million oz silver, 11,200 oz gold, 1,170 tonnes lead and 1,430 tonnes zinc. (Silver equivalents for 2011 have been established using prices of US$1,200/oz Au, US$20/oz Ag, US$0.85/lb Pb and Zn).

Production from Guanajuato is planned to increase steadily throughout 2011 as output from the Los Pozos and Santa Margarita areas reach full capacity, Cata production returns to previous levels, and new production is added from the Guanajuatito area. Plant throughput is estimated to be 200,000 tonnes at grades of 240g/t silver and 1.80g/t gold for metal production of 1.38 million oz silver and 10,400 oz gold; equivalent to 2.00 million Ag eq oz.

Output from Topia is estimated to increase as new mine production is added as a result of development on existing and new veins and plant capacity is increased. Plant throughput is estimated to be 40,000 tonnes with metal production of 0.56 million oz silver, 800 oz gold, 1,170 tonnes lead, and 1,430 tonnes zinc; equivalent to 0.87 million Ag eq oz.

No production from the new discoveries at the San Ignacio property is included in the 2011 target. However, as resources are estimated and mine plans are developed, it is anticipated that this project will positively impact the plans for 2012. Due to the proximity of San Ignacio to the Company’s main operations at Guanajuato, any ore extracted during the development phase can be trucked to the plant for processing.

Diamond drilling in 2010 totaled 27,272 metres, including 16,695 metres at the Guanajuato Mine, 1,762 metres at San Ignacio and 8,815 metres at Topia. Due to the success of this program in delineating new resources and making new discoveries, the drilling budget for 2011 has been more than doubled to approximately 60,000 metres. This compares favourably with the 65,000 metres originally proposed for the Company’s entire 3-year growth strategy.

Robert F. Brown, P.Eng. and Vice President of Exploration for the Company is the Qualified Person for both the Guanajuato Mine and the Topia Mine, under the meaning of NI 43-101. Aspects of both mines relating to mining and metallurgy are overseen by Charles Brown, Chief Operating Officer for Great Panther and its Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V.

For further information, please visit the Company’s website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@greatpanther.com.
ON BEHALF OF THE BOARD

“Robert A. Archer”

Robert A. Archer, President & CEO

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, “forward-looking statements”). Such forward-looking statements may include but are not limited to the Company’s plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company’s operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2009 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Strathmore to Trade on the Toronto Stock Exchange

January 7, 2011

KELOWNA, BRITISH COLUMBIA–(Marketwire – Jan. 7, 2011) – STRATHMORE MINERALS CORP. (TSX VENTURE:STM)(OTCQX:STHJF) is pleased to announce that it has received final approval for its common shares to be listed and commence trading on the Toronto Stock Exchange (TSX) at the opening of trading on Monday January 10, 2010. The Company shall retain its current trading symbol “STM”. Concurrently, Strathmore’s common shares will be delisted from the TSX Venture Exchange.

Strathmore’s CEO, David Miller commented, “We are proud to be listed on the TSX, which is the premier global exchange for the mining industry. The high standards embraced by the TSX should improve Strathmore’s trading efficiency and liquidity, strengthen access to capital markets, and broaden the Company’s market exposure. Strathmore’s graduation to a full TSX listing not only represents an important milestone for the Company, but also demonstrates the commitment and progress made by our team to advance our uranium projects, particularly the Roca Honda property, which we believe is one of the best and highest grade undeveloped uranium deposits in the United States.”

STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of advanced uranium properties in the United States. Headquartered in Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has a U.S. based Development Office in Riverton, Wyoming and a Government, Regulatory & Environmental Affairs Office in Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Exchange (January 10, 2011) under the symbol “STM” and trade on the OTCQX International electronic trading system in the United States under the symbol “STHJF”.

ON BEHALF OF THE BOARD

David Miller, CEO
Neither 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.

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 www.niogold.com

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                             
miverson@niogold.com                                                
Tel: (604) 856-9887                                                       
Toll-free: (877) 642-6200

Dale Paruk, Vice-President
dparuk@niogold.com
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.

FOWARD-LOOKING STATEMENTS

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.

CAUTIONARY NOTE TO U.S. INVESTORS

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
Email: dparuk@niogold.com

Golden Hope Mines Limited Closes C$3.7 million Financing

TSX VENTURE: GNH PINK SHEETS: GOLHF
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 www.goldenhopemines.com.

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 www.sedar.com.

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
514-750-8218
416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
www.goldenhopemines.com
Public Relations Canada:
Paradox Public Relations
Corporate Communications
1-866-460-0408

Investor Relations USA:
American Capital Ventures
Richard Hull
305-918-7000