Golden Hope to work on Belle ch as se Ti mm ins without JV
HPQ-SILICON RESOURCES Inc. has decided to not proceed with the option agreement with Golden Hope Mines Ltd. in relation to the Bellechasse -Timmins (B-T) gold deposit located in St-Magloire in the Beauce region of Quebec. “Having 100 per cent of the B-T project back potentially allows us to move forward with the original execution plan announced on Nov. 26, 2015, and Nov. 2, 2016. Management is currently reviewing and optimiz-
ing the execution plan. Moving forward without a partner will provide our stakeholders with all the upside of the project. B-T is only a piece of Golden Hope’s land position in the Beauce region of Quebec. The company believes there may be several other B-T-style deposits yet to be identified within the current land position held by the company,” stated Frank Candido, president of Golden Hope Mines.
A preliminary economic assessment and a feasibility study have not been completed, and there is no certainty the proposed operation will be economically viable or minable.
About Golden Hope Mines Ltd.
Golden Hope Mines is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold suitable for underground and/or open-pit mining. The company’s focus is currently in southeastern Quebec, Canada. The Bellechasse-Timmins gold deposit lies five kilometres southeast of St-Magloire within the Bellechasse belt, an approximately 18-kilometre-long mineralized area.
We seek Safe Harbor.
Frank Candido, Michael Alexander Dehn, Roy Millington, Michael T Zurowski
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