Golden Goose completes phase I of drilling on its Magino gold property



    MONTREAL, Dec. 13 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to announce that Phase 1 of drilling on its
wholly-owned Magino gold property near Wawa in northwestern Ontario is now
complete. The property hosts the Magino gold mine, which produced about
105,000 ounces in the late 1980s and early 1990s.
    Phase I of the program initially consisted of 6,838 metres of drilling
aimed at testing the extensions of the known zones under the Magino mine
workings as well as the potential at depth. However, due to the numerous new
gold zones intersected, the program was increased to nearly 10,000 metres.
Results for 27 of the 29 holes drilled are shown in the table below, with
assays for holes 27 and 29 still pending and expected in late January.
    The Company has also retained Innovexplo, a consulting firm based in
Val-d'Or, Quebec, to carry out a new resource estimate for the project based
on the Phase I drill results. The estimate is already underway and is expected
to be completed in the first quarter of 2008.
    "The last resource estimate was dated April 2004 and showed a measured
and indicated resource of about 7.2 million tonnes grading 0.075 opt Au, which
is more than 500,000 ounces at surface," noted Jean-Marc Lacoste, President
and Chief Executive Officer of Golden Goose. "We have since done substantial
work and obtained very interesting results. Multiple zones have been
identified, and the mineralization shows continuity from one hole to the next.
We also expect the new QFP zone, which occurs at a depth of about 400 m below
surface, to contribute significantly to the new resource estimate."
    Complete results received to date for Phase 1 of the drilling program on
the Magino property are as follows. A map showing the hole locations with the
best results can be found on the Company's website at:

    http://www.goldengooseres.com/site/results_12_07.html
    


    Hole                                From       To  Length(*)      Gold
    #                        (m)      (m)        (m)   Content
                                                                     (g/t)
    -------------------------------------------------------------------------
    1                                 135.35    139.85      4.50      4.26
              Including               137.35    139.35      2.00      9.00
              Including               138.35    139.35      1.00     13.70
    -------------------------------------------------------------------------
    2                                 325.00    326.00      1.00     14.65
    -------------------------------------------------------------------------
    3                                 334.00    337.00      3.00      8.26
              Including               334.00    335.00      1.00     15.73
    -------------------------------------------------------------------------
    4                                 278.08    280.40      1.42      1.12
    -------------------------------------------------------------------------
    5                                 297.00    316.00     20.00      8.61
              Including               297.00    298.00      1.00    124.50
              Including               315.00    316.00      1.00     41.30
                    And               389.00    395.00      6.00      5.01
              Including               389.00    390.00      1.00     16.10
    -------------------------------------------------------------------------
    6                                 156.00    172.13     16.13     19.80
              Including               166.00    167.00      1.00    299.00
                    And               364.00    367.00      3.00      7.29
              Including               366.00    367.00      1.00     13.90
    -------------------------------------------------------------------------
    7                                 336.50    342.50      6.00      7.78
              Including               336.50    337.00      0.50     37.60
                    And               389.00    392.00      3.00      8.04
              Including               391.00    392.00      1.00     20.70
    -------------------------------------------------------------------------
    8                                 371.00    375.00      4.00      4.27
              Including               371.00    372.00      1.00     12.05
    -------------------------------------------------------------------------
    9                                 300.10    302.50      2.40     28.60
              Including               301.10    302.50      1.40     47.86
              Including               301.10    301.50      0.40    162.00
    -------------------------------------------------------------------------
    10                                168.50    182.00     13.50      8.07
              Including               170.40    170.70      0.30    202.00
              Including               173.80    174.80      1.00     17.23
                   And                328.80    329.20      0.40     20.40
                   And                401.70    402.20      0.50     65.30
    -------------------------------------------------------------------------
    11                                284.25    285.20      0.95      7.13
    -------------------------------------------------------------------------
    12                                525.00    550.00     25.00      2.65
              Including               545.00    548.00      3.00      7.39
    -------------------------------------------------------------------------
    13                                191.70    195.00      3.30      4.78
              Including               191.70    192.10      0.40     17.05
              Including               194.00    195.00      1.00      8.43
    -------------------------------------------------------------------------
    14                                116.60    121.00      4.40      8.95
              Including               118.60    119.50      0.90     26.00
                   And                134.00    159.00     25.00      2.75
    -------------------------------------------------------------------------
    15                                151.00    178.00     22.00      6.75
              Including               165.00    167.00      2.00     71.15
              Including               166.00    167.00      1.00    115.00
                    And               252.00    256.00      4.00      6.88
    -------------------------------------------------------------------------
    06-16A                            408.00    413.00      5.00      5.77
              Including               412.00    413.00      1.00     27.70
                    And               431.00    435.00      4.00      3.12
              Including               431.00    432.00      1.00      9.51
    -------------------------------------------------------------------------
    06-17                             304.00    308.00      4.00      3.53
              Including               304.80    305.80      1.00      9.87
                    And               429.50    442.00     12.50      1.41
              Including               437.50    438.00      0.50     15.60
              Including               441.00    442.00      1.00      3.94
                    And               473.00    480.00      7.00      2.07
              Including               473.00    474.00      1.00      9.73
    -------------------------------------------------------------------------
    07-18                             219.25    222.00      3.00      5.68
              Including               219.25    220.25      1.00     14.50
                    And               238.00    241.00      3.00     11.91
              Including               238.00    239.00      1.00     31.16
                    And               331.00    332.50      1.50     11.89
              Including               331.00    331.50      0.50     32.02
                    And               377.00    380.10      3.10     24.81
              Including               379.50    380.10      0.60    120.34
                    And               401.00    402.20      1.20      6.49
                    And               540.00    542.50      2.50      9.82
              Including               542.00    542.50      0.50     46.10
                                      622.30    624.50      2.20     22.31
              Including               623.30    624.00      0.70     64.88
        QFP         And               733.20    734.00      0.80      6.80
        QFP         And               760.65    763.00      2.35      3.98
              Including               760.65    761.50      0.85      9.12
    -------------------------------------------------------------------------
    07-19A                            188.00    190.00      2.00      7.70
              Including               188.50    190.00      0.50     25.00
                    And               355.00    359.00      4.00      6.04
              Including               357.00    357.50      0.50     40.73
                    And               381.00    387.00      6.00      3.70
              Including               381.00    382.00      1.00      7.96
                    And               510.00    515.00      5.00     24.25
              Including               510.00    511.00      1.00    120.46
                    And               606.00    608.65      2.65      1.56
    Massive
    Sulfide
    Zone            And               610.50    621.00     10.50     11.14
    Exhalite
    and QFP
    Zone      Including               617.00    621.00      4.00     28.19
    -------------------------------------------------------------------------
    07-20                             170.00    171.00      1.00     10.79
                    And               350.00    354.00      4.00     30.56
              Including               351.00    351.85      0.85    143.34
                    And               448.20    449.10      0.90     11.68
                    And               473.00    476.00      3.00      7.29
              Including               473.00    474.00      1.00     18.47
                    And               488.00    489.00      1.00      5.46
                    And               534.40    535.00      0.60     15.78
              Including               587.00    588.00      1.00     10.96
                    And               608.00    613.00      5.00      8.33
                    And               612.00    613.00      1.00     17.81
              Including               631.00    634.00      3.00      4.19
                    And               633.00    634.00      1.00     12.58
                    And               644.00    647.00      3.00      3.99
              Including               646.00    647.00      1.00     11.93
                    And               655.00    656.00      1.00      9.14
                    And               663.00    663.60      0,60     11.36
                    And               677.00    677.50      0.50     11.47
    -------------------------------------------------------------------------
    07-21                             205.50    206.00      0.50      6.48
                    And               280.25    281.00      0.75      6.46
                    And               299.00    318.00     19.00      3.24
              Including               299.00    299.50      0.50     15.82
              Including               301.00    302.00      1.00     10.35
              Including               304.00    305.00      1.00      6.25
              Including               308.00    309.00      1.00      7.21
              Including               317.00    318.00      1.00     19.12
                    And               404.00    405.00      1.00      5.58
    -------------------------------------------------------------------------
    07-22                             133.00    134.00      1.00      9.56
                    And               141.00    142.00      1.00      7.27
                    And               161.50    172.15     10.65      5.12
              Including               161.50    162.00      0.50     43.75
              Including               163.50    164.00      0.50     29.99
              Including               171.00    172.15      1.15      6.05
                    And               175.00    176.00      1.00      5.77
                    And               248.50    249.80      1.30     12.68
                    And               289.00    289.50      0.50     12.24
                    And               299.00    303.00      4.00      7.22
              Including               302.00    303.00      1.00     19.34
                    And               412.00    413.00      1.00     22.19
                    And               426.00    427.00      1.00     11.70
                    And               430.00    431.10      1.10     12.82
                    And               556.00    556.50      0.50     13.38
                    And               560.00    561.00      1.00      7.36
                    And               595.00    595.50      0.50      3.64
    -------------------------------------------------------------------------
    07-23                             160.00    169.00      9.00      3.79
              Including               162.00    163.00      1.00      4.42
              Including               168.00    169.00      1.00     25.55
                    And               183.00    185.30      2.30      6.72
              Including               183.90    184.70      0.80     14.71
                    And               220.00    221.00      1.00      7.33
                    And               234.00    236.00      2.00      2.31
              Including               234.00    234.50      0.50      5.13 VG
                    And               329.00    330.00      1.00      7.45
                    And               459.00    460.00      1.00      5.30
    QFP zone        And               585.00    586.50      1.50      2.95
              Including               585.00    586.00      1.00      3.33
    -------------------------------------------------------------------------
    07-24                             166.00    174.40      8.40      6.73
              Including               166.00    167.00      1.00     51.88 VG
                    And               244.00    280.00     36.00      4.11
              Including               248.00    249.00      1.00      7.92
              Including               255.00    256.00      1.00      5.31
              Including               262.00    263.00      1.00      4.63
              Including               266.00    267.00      1.00     61.52 VG
              Including               271.00    271.50      0.50      4.47
              Including               278.00    279.00      1.00     43.52
              Including               279.00    280.00      1.00      4.42
    -------------------------------------------------------------------------
    07-25                             231.00    233.00      2.00      6.82
              Including               231.00    232.00      1.00      7.76 VG
              Including               232.00    233.00      0.40     11.25
                    And               294.80    296.00      1.20     23.00
              Including               295.50    296.00      0.50     57.10 VG
                    And               345.50    348.70      3.20      4.50 VG
                    And               461.00    462.90      1.69      4.40
              Including               462.00    462.69      0.69      9.34
                    And               511.00    513.00      2.00      6.01
              Including               512.00    513.00      1.00      9.25
                    And               602.00    609.40      7.40      1.83
    -------------------------------------------------------------------------
    07-26                              95.50     99.00      3.50      7.66
              Including                95.50     96.40      0.90     27.67
                    And               106.80    110.60      3.20      3.13
              Including               109.30    110.00      0.70      8.06
                    And               123.00    127.00      4.00      3.39
              Including               125.00    126.00      1.00      6.40
                    And               280.50    283.00      2.50      2.49
              Including               280.50    281.30      0.80      7.30
                    And               383.00    385.00      2.00      3.53
                    And               384.00    384.55      0.55     11.79
                    And               485.00    493.00      8.00      4.70
              Including               488.00    489.00      1.00      8.78
              Including               490.40    491.00      0.60     24.92
                    And               502.00    503.00      1.00      6.26
                    And               531.00    537.00      6.00      3.16
              Including               536.00    537.00      1.00     15.09 VG
                    And               546.00    547.00      1.00      7.04
                    And               633.71    637.75      4.04      2.22
                    And               641.35    645.00      3.65     17.24
              Including               641.35    642.00      0.65     19.08
              Including               642.80    644.00      1.20     40.17
                    And               655.00    657.00      2.00      2.95
              Including               655.65    656.00      0.35     10.96
    Outside
    the
    granodiorite
    in the
    volcanic
    tuff
                                      705.50    708.30      2.75      2.17
                    And               734.74    736.55      1.81      4.50
              Including               734.74    735.15      0.41     19.84
    -------------------------------------------------------------------------
    07-27       Results
                pending
    -------------------------------------------------------------------------
    07-28                             259.60    265.00      5.40     16.59
              Including               263.00    263.50      0.50    193.97
                    And               267.75    270.00      2.25     15.31
              Including               267.80    268.50      0.70     43.64
                    And               282.00    286.00      4.00      5.67
              Including               282.70    283.00      0.30      6.99
              Including               284.00    285.00      1.00      6.57
              Including               285.00    286.00      1.00     13.49
                    And               298.00    299.00      1.00      4.30
                    And               393.00    395.00      2.00      3.84
              Including               394.00    395.00      1.00      6.43
                    And               458.84    460.32      1.48      4.05
              Including               458.84    459.70      0.86      6.86
    Outside
    the
    granodiorite
    in mafic
    tuff
    and
    associated
    iron
    formation:
                                      539.64    540.90      1.26      5.39
                    And               546.50    548.75      2.25     25.06
              Including               546.50    547.13      0.63      9.04
              Including               547.13    548.00      0.87     57.98 VG
    In the
    QFP
    and
    associated
    crystal
    tuff:
                                      564.00    566.00      2.00      4.95
              Including               565.00    566.00      1.00      9.67
    In the
    felsic
    pyritized
    tuff:
                                      628.00    632.10      4.10      3.01
              Including               628.00    629.00      1.00      7.09
                   And                652.00    652.55      0.55      4.98
                   And                661.00    662.00      1.00      6.15
    -------------------------------------------------------------------------
    07-29      Results
               pending
    -------------------------------------------------------------------------
    VG: Visible gold seen in the core
    -------------------------------------------------------------------------

    (*) True width has not yet been determined.

    Fire Assay with AA finish done by Accurassay Laboratories, Thunder Bay,
    Ontario.
    

    With Phase I complete, the drill has begun working on Phase II of the
program, on a section of the property further to the east. Phase II consists
of 17 holes for a total of 8,600 metres of drilling.
    The work is being supervised by Gilles Provost, a professional geologist
and Qualified Person under NI 43-101. He has approved the contents of this
press release.

    ABOUT GOLDEN GOOSE RE

SOURCES 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 and nickel-platinum group metals 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:

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; Media - Vanessa Napoli: 
vnapoli@renmarkfinancial.com, (514) 939-3989,  Fax: (514) 939-3717,  
www.renmarkfinancial.com; Qualified Person under NI 43-101: Gilles Provost,
(888) 928-4667, Fax: (888) 494-5471, www.goldengooseres.com

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