Golden Goose Res. intersects new 1.05% Nickel over 7.0 metres at its Lac Levac Property -
Ex.
new 1.05% Nickel over 7.0 metres = 23 feet +
Copper Cu 0.49 % over 23 feet length +
PGM Platinum Group Metals 1.53 g/t over 23 feet + +
Drill - From (m) - To (m) Length - Ni % - Cu % - Pt - Pd
Hole - (m) - (g/t) (g/t)
-------------------------------------------------------------------------
TF-04-07 - 125.4 - 132.4 - 7.0 - 1.05 - 0.49 - 0.20 - 1.53 -
GOLDEN GOOSE RESOURCES -
Golden Goose Resources Inc. intersects new 1.07% nickel over 4.0 metres at its Lac Levac Property -
5/4/2007
MONTREAL, May 4, 2007 (Canada NewsWire via COMTEX News Network) --
Golden Goose Resources Inc.
(TSX Venture: GGR) is pleased to announce that it has intersected
new sections of significant nickel mineralization in drilling
at its Lac Levac nickel property, located in the James Bay region,
40 kilometres northeast of Nemiscau, Quebec.
The four holes reported below define a strike length in excess
of 270 metres coincident with the geophysical anomaly.
Intersections include a 4 metre interval grading 1.07% nickel
with values in copper, platinum and palladium as well.
All intervals reported below are core lengths.
The true widths have not yet been determined.
<<
The results are as follows (italicized holes were previously
reported):
-------------------------------------------------------------------------
Drill From (m) To (m) Length Ni % Cu % Pt Pd
Hole (m) (g/t) (g/t)
-------------------------------------------------------------------------
TF-04-07 125.4 132.4 7.0 1.05 0.49 0.20 1.53
-------------------------------------------------------------------------
TF-05-07 187.0 190.0 3.0 1.36 0.52 0.44 1.03
-------------------------------------------------------------------------
AND 192.0 209.5 17.5 1.48 0.42 0.26 1.1
-------------------------------------------------------------------------
TF-07-07 106.7 108.7 2.0 1.17 0.28 0.23 0.94
-------------------------------------------------------------------------
TF-06-07 154.5 156.0 1.5 1.08 0.35 0.09 0.79
-------------------------------------------------------------------------
TF-08-07 129.0 133.0 4.0 1.07 0.31 0.04 0.76
-------------------------------------------------------------------------
AND 118.0 121.0 3.0 0.63 0.11 0.08 0.25
-------------------------------------------------------------------------
>>
The mineralized zones are composed of massive to disseminated
sulphide in an ultramafic rock identified as a
serpentinitized peridotite.
The property had not seen significant exploration since the mid
1980s when Muscocho Mines drilled the property and in the 1960s
when Inco conducted a drilling program which returned values
as high as of 0.8% Ni, 0.5% Cu and 2g/t platinum group metals
over 16.2 metres.
Golden Goose completed drilling in the area and is waiting for
more results in the coming weeks. RSW Inc. has been retained
to make a 43-101 resource estimate report for the end
of this quarter.
The Golden Goose land position - at Lac Levac -
now exceeds 10,000 hectares in the area = 24,700 acres -
Planning has begun for the next work program -
which will include more geophysical work -
and most probably another drill campaign.
Analyses were done by Accurassay Laboratories, Thunder Bay, Ontario.
The Lac Levac exploration program is supervised by Marc-Antoine
Beaupré, Eng. and Qualified Person as defined under
NI-43-101 guidelines.
ABOUT GOLDEN GOOSE RESOURCES -
Golden Goose Resources Inc. -
[TSXV-GGR] reports that drilling at the 100% owned Magino property
40 kilometres northeast of Wawa, northwest Ontario,
has encountered a new type of high-grade gold mineralization.
The formerly-producing Magino Mine (700 tpd)
has been on care and maintenance since 1992.
The new intersection, which graded 11.1 grams gold/tonne
over a core length of 10.5 metres (uncut),
is about 400 vertical metres below surface,
and 200 metres to the south of
the old Magino Mine
prev. workings.
The intercept was located at the contact
between a massive sulphide and an exhalite formation
which lie stratigraphically below the granodiorite formation
which hosts the known resources.
There is no previous drilling in this formation
in the area of this intercept.
This gold zone is present in the exhalite,
which is directly in contact with a felsic intrusive (QFP).
The gold is disseminated in massive sulphides,
and in a stockwork of quartz veins in the QFP.
The QFP is host to quartz veins with visible gold.
The massive sulphide consists of two bands
of 1 and 2 metres widths,
essentially composed of pyrite and pyrhotite
with up to 2% of chalcopyrite.
The hole also returned 7.0 metres
grading 0.35% copper.
“This discovery opens up a new exploration
angle for the Magino Project
and we intend to aggressively follow up on this
new zone,” says Jean-Marc Lacoste, president/CEO.
The drilling program also provided numerous drill intercepts
in the granodiorite formation,
also below existing resources,
which appear to extend several known zones
of mineralization at depth.
Other drill results include 5.77 grams gold/tonne
over 5.00 metres,
including 27.70 grams/tonne over 1.00 metre.
Golden Goose
is currently in the midst of a 14,000-metre drill campaign
at the Magino Mine site.
Earlier drilling highlights
include Hole 5
that returned 20 metres
grading 8.61 grams gold/tonne;
Hole 6
with 16.13 metres
of 19.80 grams gold/tonne
and Hole 15
with 2 metres
grading 71.15 grams gold/tonne.
Golden Goose
has established a NI 43-101 compliant
resource estimate for their
Magino property
of 14,175,000 grams of gold
(2.12 grams gold/tonne) at surface.
Golden Goose
is actively exploring two of its eight properties –
the Magino gold project,
and the Lac Lavac nickel-copper-platinum group
metals project in Quebec.
The 5,500-hectare Lac Lavac property
is located near Nemiscau, Quebec.
Past drilling by Inco identified significant
mineralization, including 16.2 metres
grading 0.8% nickel,
0.5% copper
and 2.0 grams platinum/tonne.
A $500,000 exploration program is currently under way,
consisting of 3D inversion modeling,
geophysical surveys,
and a 3,000-metre drilling campaign.
Targets to be tested include magnetic anomalies
defined by an airborne geophysical survey
completed last summer.
Golden Goose
hits high-grade gold at
Magino
by Myles Kirk-Gushowaty
April 2007
www.resourceworld.com 49
MINING NEWS
GGR GOLDEN GOOSE - REAL OLD CANADIAN MONEY GOLD STANDARD -
Not fed fiats$ frauds paper -
Federal Reserve Bank KILLING America -
Corrupt Federal Reserve - National Debt is a Scam -
Bank video you must see -
youtube.com
Not Federal; No Reserve -
youtube.com
BANKS OF AMERICA-Federal Reserve Bank KILLING America PT 1
youtube.com
GOLD # 1 Target Focus $888.88 per ounce -
I don't trade my Goose for any fiat fed frauds papers -
Golden Goose is 100 times more worth than fed banksters fraud fiats -
I should clarify..I will not trade Goose for anything -
think Goose is only taking a rest to lay more Golden eggs -
still very low underpriced....will fly Higher next -
MAGINO GOLD MINES -
when Muscocho Expl. owned 50% and McNellen 50% -
it was operated by Muscocho -
and Flanagan McAdam Res. owned some of it -
about 25 years ago -
its a good GOLD Mine -
Magino U/G Gold & Silver Mine -
prodced Au & Ag - 1988 - 1992 -
Production capacity 700 tonnes of Au & Ag Ore per day -
its a good large GOLD operation -
My estimation Magino Mill etc. would cost fiat $100 million plus today? -
and with all the infrastruction another fiat $100 million plus -
in replacement cost plus, plus? -
a 10's of years in permitting etc.? -
I luv my Golden Goose own this today -
an outright my Golden Goose nest today -
with very price Golden Huge Nugget Eggs -
Golden Goose Reports Gold Find at Magino Gold Mines Property -
Ex. drilling at the Magino Gold Mines property -
near Wawa, Ontario, has encountered a new type of high grade Gold - mineralization -
ex. the intersection, which graded 11.1 grams of Gold per tonne
over a core length of 10.5 metres (uncut), is approximately
400 vertical metres below surface -
Massive Sulfide, Exhalite and QFP Zone -
ex. including 4.00 metres graded 28.19 grams of Gold per tonne -
The GOLD Is The ONLY REAL MONEY Standard -
GOLD bullion mega uptrend and as you can see -
the volatility over the past year doesn't look like much -
On the contrary, this chart illustrates Gold's strength as it sits
near the high side of the rise that started in 2001 -
This is the most important picture to keep in mind
when investing in Gold -
The GOLD bull market since 2001 is clearly underway -
This GOLD bull market rise is going to make the 1970s -
spectacular rise look small in comparison.
It will take time, but it's powerful because it's more of -
a global market today compared to the 1970s.
Aden cont.
goldengooseres.com
Golden Goose visit .88 - 1.88 next target 8.88 -
Golden Goose Reports Gold Find at Magino Gold Mines Property -
Ex. drilling at the Magino Gold Mines property -
near Wawa, Ontario, has encountered a new type of high grade Gold - mineralization -
ex. the intersection, which graded 11.1 grams of Gold per tonne
over a core length of 10.5 metres (uncut), is approximately
400 vertical metres below surface -
Massive Sulfide, Exhalite and QFP Zone -
ex. including 4.00 metres graded 28.19 grams of Gold per tonne -
investorshub.com
Lac Levac -
drilling including an intercept of 17.5 metres grading 1.48% nickel -
along with significant copper, platinum and -
palladium mineralization -
GOLDEN GOOSE RES - BreakOut Bull run start -
GGR - the bull has a LTerm - Long Trend back UP -
GGR - 8.88 next stop -
Golden Goose Resources Inc. -
intersects 17.5 metres -
grading 1.48% nickel at its Lac Levac Property -
and stakes 92 additional claims -
that's only a latest new start -
Latest pictures from Lac Levac -
goldengooseres.com
Location:
5,500 hectares near Nemiscau, Quebec
Metals:
PGM - Nickel - Copper -
Current Program:
- VTEM Geophysic
- 3D inversion modeling
- Prospecting and sampling
- 3,000 m of drilling
- Short term investment: $0.5 M
Program Objective:
- Measure resources of more than 1.0 m tonnes
(~ 1.0% Ni; 0.5% Cu; 1.5 g/t PGM)
Results:
- Last results include:
Golden Goose Resources Inc. -
intersects 17.5 metres -
grading 1.48% nickel at its Lac Levac Property -
and stakes 92 additional claims -
app.quotemedia.com
* Inferred Resource: 570,000t
average at 0.8% Ni, 0.5% Cu, 1.0 g/t PGE
(pre NI 43-101 – Flanagan McAdam 1988 internal estimate)
* Intersections:
Ex.
o 1.5% Ni, 1.2 g/t PGE over 6.8 m
o 1.0% Ni, 1.0 g/t PGE over 11.9 m
o 36.8% Cr2O3 over 2.8 m
* 4,945 hectares recently staked (5,233 hectares total)
* Previous drilling intersecting -
Ex. 16.2 m of 0.8% Ni, 0.5% Cu, 2 g/t
PGM
- drilling results:
starting Q1 2007 -
History:
1968 Anomalies detected with drilling program -
2005 Claim area increased by more than 80% -
2006 Evaluation program ($250,000) -
Ex. Four anomalies identified by VTEM Geophysic
First drill hole of Lac Levac drill site from the helicopter.
From left to right: Matthieu Vallée (Geological Engineer), Marc-Antoine Beaupré (Geological Engineer), Jean-Marc Lacoste (President)
Core samples at 84 metres from first drill hole at Lac Levac
GOLDEN GOOSE RESOURCES -
other mines properties -
Incl. Gwillim Gold Mine -
Status: Past Producer
Location: Ontario
Metals: gold
Ownership: 50% GGR
History: 1980-1984
Past Production:
221,000t
average at 4.9 g/t gold -
Inferred Resource:
307,000t at 10.3g/t gold (pre NI 43-101 – Muscocho 1989) -
btw. my old notes; Res. 338,200 tons aver. A 0.30 ounces per ton
GOLD - and they only got the smell of it -
the Golden Goose rich chambers treasure-trove -
in deeper Golden safety -
Montauban Mine -
Status: Past Producer
Location: Quebec
Metals: gold
Ownership: 100% GGR
History: 1982-1990
Past Production: 555,000t -
average at 4.04 g/t gold and 36.6 g/t silver -
the PM's Gold & Silver -
didn't come from the moon -
its richer further down -
they only got the smell of it! -
Troilus Freegold -
Status: Exploration
Location: Quebec
Metals: gold
Ownership: 100% GGR
Inferred Resource: 15,800t at 16.4 g/t gold
(pre NI 43-101 – Muscocho 1980)
Intersections:
Ex. 104.0 g/t gold over 0.3 m -
22.5 g/t gold over 0.76 m
Troilus East -
Status: Exploration
Location: Quebec
Metals: gold
Ownership: 100% GGR
Intersections:
Ex. 12.7 g/t gold over 1.2 m
Troilus North -
Status: Exploration
Location: Quebec
Metals: gold
Ownership: 100% GGR
Intersections:
Ex. 18.2 g/t gold over 1.7 m -
3.5 g/t gold over 4.8 m
Lac Des Montagnes -
Status: Exploration
Location: Quebec
Metals: nickel-PGE
Ownership: 100% GGR
Area: 1,786 hectares recently staked
(1,869 hectares total)
Contact Us
1 Place Ville-Marie, Suite 2821,
Montreal, Quebec H3B 4R4
E-Mail: info@goldengooseres.com
1-888-928-4667
goldengooseres.com
history often repeat itself -
the Shareholders - oldtimers want some interest -
on their LT investments -
let's hike back up - to catch up -
in a fair market values -
we should be much higher -
than the past highs!
the # 1 Target is $8.88 per share
Gold Spot (FOREX:XAUUSDO) Gold $691.60 per ounce -
GOLD # 1 Target Focus $888.88 per ounce -
GGR told You so - 8.88 next stop -
try to catch me -
Golden Goose Resources Inc. -
intersects 17.5 metres -
grading 1.48% nickel at its Lac Levac Property -
and stakes 92 additional claims -
Imo. Tia.
app.quotemedia.com
investorshub.com
Subject 57034
Note. Voisey Bay Nickel etc. -
RE: Voisey Bay nickel-copper-cobalt discovery revealed
a geophysical ovoid anomaly;
wine-glass-shaped sulfide body 450 meters long by 250 meters wide, according to Diamond Fields, who discovered the deposit,
the deposit's richness, and its potential future impact
on the world's nickel markets caused two major nickel producers,
Inco Ltd. and Falconbridge Ltd., to compete for control
over its development.
At the time of writing, Diamond Field Resources Inc. had accepted
Inco Ltd.'s takeover offer of $4.3 billion (cash and stock).
If approved by shareholders at a meeting in May, Inco Ltd.
would stand to improve its market position tremendously -
in 1995,
how much value is it in today's dollar value?
must be $8.88 billion in today dollar value,
compare it,
vs.
Golden Goose Resources Inc. (TSX:GGR)
First drill hole of Lac Levac drill site from the helicopter.
Golden Goose Resources Inc. (TSX:GGR)
is pleased to announce that it has encountered
significant nickel mineralization,
in three holes;
at its Lac Levac nickel property,
located in the James Bay region, 40 kilometres northeast of
Nemiscau, Quebec,
including an intercept of 17.5 metres grading
1.48% nickel
along with significant copper,
platinum
and palladium mineralization.
The drill holes 04 to 07 are separated
by about 180m along the geophysical anomaly.
The mineralized zones are composed of massive
to disseminated sulphide in an ultramafic rock
identified as a serpentinitized peridotite.
The property had not seen significant exploration
since the mid 1980s when Muscocho Mines drilled
the property and in the 1960s
when Inco conducted a drilling program
which returned values as high as of
nickel 0.8% Ni,
copper 0.5% Cu
and PGM 2g/t platinum group metals
over 16.2 metres.
Golden Goose
plans to continue drilling
in the area throughout the spring months,
with up to 8 additional holes on the property.
To secure its land position in the area,
Golden Goose staked a further 92 claims,
covering 5,000 hectares,
bringing its land position to well over
10,000 hectares in the area.
It looking real massive with only a few drill holes,
and PGM 2g/t platinum group metals,
makes it a superior project,
Imo
By Nobel thx for info!
RR thanks for great info!
Subject 57034
investorshub.com
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