Surface stripping at Golden Goose's Magino property returns nearly 20 g/t Au over 0.5 metres



    MONTREAL, Oct. 28 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to report that surface stripping on its
wholly-owned Magino Mine property has returned values of 17.60 g/t Au over 1
metre and 9.03 g/t Au over 1.1 metres, including 19.86 g/t Au over 0.5 metres.
The Magino property lies 1.5 km southwest of the Richmont/Patricia Island Gold
Mine, near Wawa, Ontario.
    The results were generated by stripping and channel sampling carried out
in July 2008 in the vicinity of the south contact of the Webb Lake
granodiorite stock and adjacent volcanic rocks. This area lies above the
workings of the old Magino gold mine. The purpose of the work, which was in
line with the recommendations of the 43-101 report on the property tabled by
InnovExplo in June 2008, was to enhance the understanding of the structural
controls of gold deposition.
    The best results for the stripping and channel sampling program were as
follows:

    
               Strip    Channel    Width   Gold Content
                  No.        No.      (m)          (g/t)
               -----------------------------------------
               DNo.1      RNo.3      1.0          3.904
               DNo.1      RNo.4      0.5          1.072
               DNo.1      RNo.5      0.5          0.913
               DNo.1      RNo.5      0.5           1.26
               DNo.2      RNo.1      1.0          2.249
               DNo.2      RNo.2      1.0          1.134
               DNo.2      RNo.2      1.0          2.779
               DNo.4      RNo.3      1.0          3.669
               DNo.4      RNo.5      0.3          1.098
               DNo.4      RNo.5      0.5         19.857
               DNo.4      RNo.5      0.3          1.104
               DNo.4      RNo.6      1.0         17.597
               DNo.4      RNo.8      0.5          2.103
               DNo.1      RNo.3      1.0          3.904
    

    "The occurrence of gold values in the formations we uncovered at surface
has led to a much better understanding of overall system," said Jean-Marc
Lacoste, President and Chief Executive Officer of Golden Goose. "We will use
this new information to reinterpret the old data available for the area from
surface down to 200 metres and to plan additional drilling. This should
contribute significantly to our current efforts to upgrade the known resources
and add more tonnage."
    "The proximity of iron formations combined with the new information
gained from the summer work program points us a very promising direction," he
added.
    The Company is currently working to upgrade the substantial inferred
resource of 3.8 million tonnes grading 5.9 g/t Au reported earlier this year
(see press release dated May 29, 2008) and to reinterpret the data underlying
an earlier estimate of near-surface measured and indicated resources of
7.3 million tonnes grading 2.33 g/t Au. A new 43-101 will be released in the
coming weeks.
    Gilles Provost, a professional geologist and Qualified Person under
NI 43-101, plans and supervises the exploration work on the Magino property
and 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, 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. %SEDAR: 00004334EF

For further information:

For further information: Golden Goose Resources Inc.: Jean-Marc Lacoste,
Phone: 1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com;
Qualified Persons under NI 43-101: Carl Pelletier, B.Sc.; P.Geo., Bruno
Turcotte, M.Sc., P.Geo.; InnovExplo Inc., (886) 749-8140, Fax: (819) 874-0379,
www.innovexplo.com; Gilles Provost, (888) 928-4667, Fax: (888) 494-5471,
www.goldengooseres.com

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