Golden Hope Mines Limited: Corporate Update

  Golden Hope Mines Limited ("Golden Hope" or the "Company") (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) has amended the agreement to acquire the "Riviere des Plantes" claims, announced on June 17th 2008, which is part of its Bellechasse - Chaudiere exploration property.

The parties have renegotiated terms lower as per figures below.

---------------------------------------------------------
                                               Property
Date               Cash Payment GNH Shares Expenditures
---------------------------------------------------------
September 5, 2008   $ 25,000.00     80,000            -
---------------------------------------------------------
1st anniversary     $ 35,000.00    120,000      $50,000
---------------------------------------------------------
2nd anniversary     $ 55,000.00    150,000      $75,000
---------------------------------------------------------
3rd anniversary               -          -     $100,000
---------------------------------------------------------
Total:                 $115,000    350,000     $225,000
---------------------------------------------------------

The amended terms have been agreed and signed by all parties.

In addition the company has staked approximately 40 additional claims around the "Riviere des Plantes" property as part of its serpentinite targets in the region.

About Golden Hope: Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold, silver and base metal projects suitable for underground and/or open-pit mining. The company's two areas of interest are located in Quebec, Canada and Maine, U.S. The Bellechasse gold project in Quebec includes the Timmins and Ascot gold zones, the Coucou volcanic target and a number of newly claimed serpentinite geological formations. For further information on Golden Hope, visit www.goldenhopemines.com.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities 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. There are certain factors that could cause actual results to differ materially from those in forward-looking statements. These include market prices, exploitation and exploration successes, 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Golden Hope Mines Limited Louis Hoel President [phone] [phone] (FAX) Email: [e-mail] or [e-mail] Website: www.goldenhopemines.com