Golden Goose hits 36 meters of 4.11 grams of gold per tonne



    MONTREAL, Nov. 14 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to announce that additional excellent results have
been received from drilling on its wholly-owned Magino gold property near Wawa
in northwestern Ontario, including a 36-metre section of core grading
4.11 grams of gold per tonne.
    The latest assay results are for holes 23, 24 and 25. These holes were
drilled as part of Phase I of a 15,000-metre program aimed at increasing and
upgrading the known resources to the point where a prefeasibility study on
restarting the Magino mine can be undertaken. The holes were drilled under the
old mine workings to test the known zones below the 150-metre (500-ft) level
to a depth of approximately 400 m. This work has returned numerous intercepts
in the granodiorite-hosted quartz vein system.
    "The granodiorite formation is continuing to yield high-quality
intercepts and demonstrate very exciting potential," said Jean-Marc Lacoste,
President and Chief Executive Officer of Golden Goose. "These sections appear
to represent the depth extensions of the known gold-bearing zones. We are now
in the process of compiling and interpreting the drill data so that we can
better understand the geometry of the Magino mine vein system and proceed with
an updated resource estimate."

    
    The latest results are as follows:

                                                                    Gold
                                 From        To   Length(*)       Content
    Hole No.                       (m)       (m)        (m)          (g/t)
    -------------------------------------------------------------------------
       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
    
    -------------------------------------------------------------------------
    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.

    Phase I of the program consisted of about 7,000 metres of drilling on the
Main area of the property. The holes were generally drilled to fill in a
15-metre (50-ft) grid, but extended below the previously drilled area. The
Company is still awaiting results for holes 07-26, 07-27, 07-28 and 07-29.
Once Phase I is complete, the drill will move to a section of the property
further to the east to commence Phase II of the program, which consists of
approximately 8,000 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, lacoste1234@yahoo.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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GOLDEN GOOSE RESOURCES INC.

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