MONTREAL, July 29 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to announce that it has received a metallurgy
report, on the Lac Levac nickel deposit. The study investigated the recovery
of Ni, Cu and PGM's from the Lac Levac nickel deposit (Nisk-1) located 216 km
north of Chibougamau in the James Bay area of northern Quebec. It was carried
out by SGS Lakefield Research Limited following the recommendations of the
NI43-101 report out in May 2008. The full report is available on the company`s
website at
http://www.goldengooseres.com/medias/docs/pdf/SGS_Lakefield_Lac_Levac_July_22_
2009.pdfThe NI43-101 results of the Lac Levac Ni deposit (previously reported)
were as follows:
Nickel
Category Tonnes ---------------- Copper Cobalt Palladium Platinum
% Ni lbs % Cu % Co g/t Pd g/t Pt
-------------------------------------------------------------------------
Measured 1,255,000 1.09 30,158,000 0.56 0.07 1.11 0.20
Indicated 783,000 1.00 17,262,000 0.53 0.06 0.91 0.29
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Total 2,038,000 1.06 47,420,000 0.55 0.07 1.03 0.23
-------------------------------------------------------------------------
Inferred 1,053,000 0.81 18,803,000 0.32 0.06 1.06 0.50
-------------------------------------------------------------------------
Cut off grade was 0.4% nickel and no external dilution was included.A map of the Lac Levac property showing holes locations and the best
drill results to date can be found at
http://www.goldengooseres.com/pages/en/levac_results_07
Golden Goose Resources submitted samples from multiple drill holes of the
Lac Levac deposit for a scoping level metallurgical test program. Two
composites, master composite and comp #2, were prepared from quarter-split
drill core. A sample of the master composite and comp #2 were submitted for
chemical analyses and were found to contain 1.15% Ni, 0.60% Cu and 1.14g/t
(Pt, Pd and Au) PGM for the master composite and 1.25% Ni, 0.63% Cu and 1.25
g/t (Pt and Pd) PGM for comp #2.
In a best test, a final concentrate graded 9.9% Ni at 69% nickel recovery
and 4.9% Cu at 66% copper recovery was produced. Recovery of Co in the final
concentrate was 70% at a grade of 0.69% Co. The final concentrate of the best
test also include 16.3 g/t Pd and 55 g/t silver. No other PGM or gold was
present in the concentrate in significant concentration.
No deleterious element was present in the concentrate.
These batch test recoveries are expected to be improved in a continuous
environment with the recirculation of middling products.
Francois Perron, President and CEO comments "The metallurgy test work on
samples from our Lac Levac nickel deposit is another step in the advancement
of that project, we believe this will help us in understanding the potential
of the deposit and its surroundings."
The Lac Levac drilling programs were planned and supervised by
Marc-Antoine Beaupré, a geological engineer and a qualified person as defined
by National Instrument 43-101. Pierre Trudel of RSW Inc. acted as the
qualified person for the 43-101 resources estimate. Messrs Beaupré and Trudel
have both approved the contents of this press release.
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.: Francois Perron,
President, 1-888-928-4667, Fax: 1-888-494-5371, perron@goldengooseres.com;
www.goldengooseres.com
