Golden Goose hits 18.5 metres of 1.22% nickel at its Lac Levac property



    MONTREAL, Jan. 29 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to report additional results from fall drilling at
its wholly-owned Lac Levac nickel property in the James Bay area, 216 km north
of Chibougamau in northern Quebec. The latest assays are among the final
results from the 7,150-metre fall program recommended in the 43-101 report
dated July 2007. Completed in December 2007, this program primarily targeted
the NISK-1 anomaly(*) and its newly-discovered eastern extension.
    "These new results are very encouraging," said Jean-Marc Lacoste,
President of Golden Goose. "Hole 25-07 returned the widest intercept seen for
the zone to date, and Hole 32-07 cut mineralization that extends right up to
surface."
    "Based on the initial four holes drilled on the eastern extension, this
newly-identified area appears to contain similar nickel grades to the main
area, with higher and more significant platinum and palladium mineralization,"
he added.

    
    The new results are as follows, with previously-reported results shown
    below for reference:
    (True width not yet determined)

    Hole           From      To  Length      Ni     Cu     Co      Pt     Pd
    No.              (m)     (m)     (m)      %      %      %    (g/t)  (g/t)
    -------------------------------------------------------------------------
    Main area (in-fill drilling recommended in July 2007 43-101 report)
    -------------------------------------------------------------------------
    25-07        227.50  246.00   18.50    1.22   0.63   0.07    0.20   1.37
    -------------------------------------------------------------------------
    32-07         16.50   18.20    1.70    0.74   0.25   0.04    0.24   0.12
            And   23.70   25.70    2.00    1.60   1.59   0.09    0.47   0.30
    -------------------------------------------------------------------------
    40-07        243.50  247.00    3.50    0.70   0.21   0.04    2.64   1.59
    -------------------------------------------------------------------------
    41-07        121.00  133.50   12.50    0.56   0.43   0.03    0.14   0.85
    -------------------------------------------------------------------------
    42-07        238.00  240.50    2.50    0.76   0.32   0.05    0.17   0.49
    -------------------------------------------------------------------------
    19-07, 23-07 , 27-07 and 28b-07 showed minor mineralization (less than 2m
    thick using a cut-off grade of 0.4% Ni) Assays for holes 16-07, 17-07 and
    24-07 drilled on the main area are still pending.
    -------------------------------------------------------------------------
    Eastern extension (newly discovered)
    -------------------------------------------------------------------------
    39-07         58.50   61.00    2.50    0.77   0.38   0.04    0.20   2.67
    -------------------------------------------------------------------------
    43-07        239.50  243.50    4.00    1.30   0.64   0.07    0.02   0.49
    -------------------------------------------------------------------------
    45-07        183.10  186.10    3.00    0.81   0.81   0.05    0.30   1.27
    -------------------------------------------------------------------------
    47-07        153.70  161.70    8.00    1.03   0.72   0.05    0.91   3.24
    -------------------------------------------------------------------------
    44-07 showed minor mineralization (less than 2m thick using a cut-off
    grade of 0.4% Ni) Results for holes 46-07, 48-07 to 50-07 and 52-07
    drilled on the eastern extension are still pending
    -------------------------------------------------------------------------
    33-08 and 51-08 are to be drilled in 2008
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------

    Previously-disclosed results:

    Hole           From     To   Length      Ni     Cu     Co      Pt     Pd
    No.              (m)    (m)      (m)      %      %      %    (g/t)  (g/t)
    -------------------------------------------------------------------------
    Fall 2007 Program
    -------------------------------------------------------------------------
    22-07         23.00   27.50    4.50    0.89   0.25   0.07    0.04   0.87
            And   42.00   44.00    2.00    1.71   0.17   0.10    0.03   0.24
    -------------------------------------------------------------------------
    26-07         29.00   29.50    0.50    2.47   0.63   0.12    0.05   0.62
            And   35.00   36.00    1.00    0.96   0.06   0.07    0.05   0.51
    -------------------------------------------------------------------------
    29-07        256.00  259.00    3.00    1.30   0.51   0.08    0.01   1.11
    -------------------------------------------------------------------------
    30-07        150.50  158.50    8.00    0.90   0.30   0.07    0.19   0.84
    -------------------------------------------------------------------------
    31-07         75.05   77.55    2.50    0.72   0.39   0.04    0.37   0.34
    -------------------------------------------------------------------------
    34-07        239.20  249.70   10.50    0.73   0.25   0.05    0.08   0.48
      Including  239.20  244.70    5.50    1.01   0.34   0.07    0.11   0.74
    -------------------------------------------------------------------------
    35-07         50.65   55.65    5.00    0.85   0.50   0.05    0.09   0.80
    -------------------------------------------------------------------------
    36-07        134.40  137.40    3.00    0.61   0.54   0.04    0.05   0.55
    -------------------------------------------------------------------------
    37-07        235.50  238.50    3.00    0.77   0.40   0.05    0.27   0.67
    -------------------------------------------------------------------------
    38-07         34.50   35.00    0.50    0.78   0.84   0.05    0.26   0.84
    -------------------------------------------------------------------------
    18-07, 20-07, 21-07 showed no significant mineralization
    -------------------------------------------------------------------------
    Spring 2007 program
    -------------------------------------------------------------------------
    04-07        125.40  132.40    7.00    1.05   0.49   0.07    0.20   1.53
    -------------------------------------------------------------------------
    05-07        187.00  190.00    3.00    1.36   0.52   0.06    0.44   1.03
            And  192.00  209.50   17.50    1.48   0.42   0.09    0.26   1.10
    -------------------------------------------------------------------------
    06-07        154.50  156.00    1.50    1.08   0.35   0.07    0.09   0.79
    -------------------------------------------------------------------------
    07-07        106.70  108.70    2.00    1.17   0.28   0.07    0.23   0.94
    -------------------------------------------------------------------------
    08-07        129.00  133.00    4.00    1.07   0.31   0.07    0.04   0.76
            And  118.00  121.00    3.00    0.63   0.11   0.04    0.08   0.25
    -------------------------------------------------------------------------
    09-07        188.30  190.30    2.00    0.84   0.61   0.04    0.19   0.54
    -------------------------------------------------------------------------
    10-07        177.40  179.40    2.00    0.62   0.05   0.03    0.11   0.33
    -------------------------------------------------------------------------
    13-07        158.00  160.50    2.50    1.69   0.77   0.09    0.14   1.19
    -------------------------------------------------------------------------
    15-07         61.80   63.30    1.50    0.43   0.73   0.02    0.13   0.65
    -------------------------------------------------------------------------
    01-07, 02-07, 03-07 were drilled on the "C" anomaly and showed no
    significant mineralization
    11-07 and 14-07 were cancelled
    12-07 showed no significant mineralization
    -------------------------------------------------------------------------
    Analyses were done by Accurassay Laboratories, Thunder Bay, Ontario. All
    samples are tested using a full scan ICP following an Aqua-Regia
    digestion. Ore grade samples are then reanalyzed by atomic absorption.
    Pt and Pd are tested by Fire Assay using lead collection.
    

    A map of the Lac Levac property showing the best drill results to date
    can be found at :

    http://www.goldengooseres.com/pages/en/levac_results_07

    The fall drill data is being used to update the NI 43-101-compliant
evaluation report and resource estimate dated July 2007, which showed the
NISK-1 anomaly to contain an indicated resource of 516,000 tonnes at 0.89%
nickel, 0.39% copper, 0.06% cobalt, 0.79 g/t palladium and 0.14 g/t platinum
and an inferred resource of 734,000 tonnes at 0.89% nickel, 0.34% copper,
0.06% cobalt, 0.77 g/t palladium and 0.14 g/t platinum.
    Meanwhile, the Company plans to continue delineating and upgrading the
NISK-1 resource. "The 2008 drilling program, which will total about
10,000 metres, is still being finalized and will get underway next week,"
confirmed Mr. Lacoste. "We have not yet tested the extension of the NISK-1
mineralization at depth, which we consider to be a very high-potential
target."
    The Lac Levac drilling programs are planned and supervised by
Marc-Antoine Beaupré, a geological engineer and the qualified person as
defined by National Instrument 43-101. He has approved the contents of this
press release.

    (*) Previously called the INCO anomaly. Golden Goose has decided to
    assign Cree names to the Lac Levac anomalies; "nisk" means "goose" in
    Cree.

    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, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com; Qualified Person under NI 43-101: Marc Antoine
Beaupré, Ing., (888) 928-4667, www.goldengooseres.com

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