MONTREAL, May 15 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") has received the assay results for the two final holes of the
10,608-metre infill drilling program on its wholly-owned Magino Mine property,
located 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa,
Ontario.
Holes 07-29 and 07-30 are the last of seventeen holes drilled since the
beginning of 2007 (see press releases dated December 13, 2007 and April 8,
2008 for the results of the other holes). Like the other holes, 07-29 and
07-30 intersected numerous gold-bearing zones. The best results include
6.18 g/t Au over 3.4 m in Hole 07-29, and 5.25 g/t Au over 13.4 m, 4.55 g/t Au
over 6.4 m and 5.83 g/t Au over 5.2 m in Hole 07-30. Full results for the two
holes are shown in the table below (true cut not yet determined).
Originally designed to test the multiple high-grade gold zones of the
Magino Mine below the mine workings, the drilling program was so successful
that it was eventually extended to the entire granodiorite sill. Some
40 separate mineralised zones have been identified to date, all still open at
depth and along strike. A map showing the best results to date can be seen on
the Company's website at:
http://www.goldengooseres.com/pages/en/results_12_07
The latest results will be the last to be included in a new 43-101
resource calculation now being carried out by Innovexplo, a consulting firm
based in Val-d'Or, Quebec. The last resource estimate was dated April 2004 and
showed a measured and indicated resource of 7.2 million tonnes grading
2.33 g/t Au (or 586,000 ounces). The new estimate will be in addition to the
2004 resource and is expected to be released shortly.Magino Mine Surface Drill Results - Holes 07-29 and 07-30
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Hole no. From (m) To (m) Length (m) Au g/t
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07-29 225 230.15 5.15 1.55
including 225 226 1 2.38
including 229.75 230.15 0.4 9.24
and 238 239.5 1.5 4.03
including 239 239.5 0.5 11.03
and 286 288.62 2.62 1.57
and 291 301.5 10.5 0.91
including 291 292 1 3.60
and 539 544 5 0.57
and 599 601.3 2.3 1.61
and 613 616.4 3.4 6.18
including 614 615 1 19.57
and 647 650 3 2.32
including 648 649 1 4.52
and 671 673 2 11.71
including 671 671.5 0.5 46.59
and 681.66 683.2 1.54 3.86
including 682.5 683.2 0.7 8.44
and 731.9 733.2 1.3 2.83
and 773 780.25 7.25 2.68
including 773 774 1 7.79
including 774 775 1 8.54
07-30 137 142 5 3.10
including 137 138 1 5.08
including 138 139 1 3.33
including 139 140 1 5.46
and 146.6 160 13.4 5.25
including 146.6 147.4 0.8 49.83
including 153 154 1 10.54
including 154 155 1 5.24
including 159 160 1 9.71
and 162 166 4 4.31
including 163 164 1 12.12
and 171.3 178 6.7 1.15
including 171.3 172 1.3 3.09
and 182.6 189 6.4 4.55
including 182.6 183.6 1 4.37
including 183.6 184.8 1.2 3.19
including 184.8 185.5 0.7 21.20
including 187 188 1 4.30
and 218 226 8 1.61
and 231 234 3 1.47
and 247.8 254 6.2 2.41
including 247.8 249 1.2 3.84
including 250 251 1 3.44
including 253.08 254 0.92 4.31
and 266.4 271 4.6 5.18
including 267 268 1 3.21
including 268 269 1 6.45
including 270 271 1 12.42
and 290 291 1 4.56
and 444 457 13 2.29
including 444 445 1 23.17
and 473.5 475 1.5 3.10
including 473.5 474 0.5 8.87
and 505 513 8 12.22
including 508 509 1 10.11
including 512 513 1 85.06
and 539.3 544.5 5.2 5.83
including 539.3 540 0.7 6.95
including 540 541 1 20.74
including 544 544.5 0.5 3.56
and 552.85 556.8 3.95 1.65
including 552 552.85 0.85 7.73
including 555.8 556.8 1 6.20
and 560 566 6 4.02
including 562.95 564 1.05 18.16
and 575.8 578.5 2.7 5.01
including 577 578 1 12.30Samples were transported directly to the Accurassays laboratories in
Thunder Bay, Ontario and assayed using standard fire assay methods. The
information contained in this news release has been reviewed and approved by
Gilles Provost, M.Sc.A., P.Geo., and a Qualified Person as defined by NI
43-101.
ABOUT GOLDEN GOOSE RESOURCES
Golden Goose Resources Inc. is a Canadian public company listed on the
TSX Venture Exchange under the symbol GGR. The Company is principally engaged
in mineral exploration and acquisition and has a portfolio of gold, platinum
group metals, and nickel properties in Ontario and Quebec.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information: Golden Goose Resources Inc.: Jean-Marc Lacoste,
1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com; Renmark
Financial Communications Inc.: Barry Mire: bmire@renmarkfinancial.com; James
Buchanan: jbuchanan@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com; Qualified Person under NI 43-101: Gilles Provost,
M.Sc. A.. P. Geol., (888) 928-4667, Fax: (888) 494-5471,
www.goldengooseres.com
