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Golden Goose Resources Inc.

Publié le 03 septembre 2008

Doubles its Lac Levac Land Position to 200 Km(2)

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Mots clés associés :   Cobalt | Copper | Nickel | Palladium |

Golden Goose Doubles its Lac Levac Land Position to 200 Km2

Montreal, Quebec � September 3rd , 2008 � Golden Goose Resources Inc. (TSX-V: GGR) (the �Company�) is pleased to report that it has entered into an agreement for the purchase of 205 mining claims covering 108 km2 in the area surrounding the Lac Levac property. This arm�s length acquisition will double the Company�s land position at its Lac Levac property in the James Bay area of northern Quebec to 200 km2, thereby gaining access to multiple new potential nickel targets.

The claims were acquired for a consideration of $250,000, to be paid as to $25,000 in cash and as to $225,000, by the issuance of 409,090 treasury common shares of the Company at the agreed upon price per share of $0.55. All shares will be subject to a four-month hold period from the date of closing and half of these shares will be further subject to a contractual resale restriction of one year from the date of closing. In addition, the Company has agreed to grant to the sellers a 1% net smelter return (NSR) royalty from the production of any mineral derived from any mine located on the area covered by the purchased claims. The transaction is subject to the approval of the TSX Venture Exchange, completion of satisfactory due diligence by the Company and registration of the purchased claims under the name of the Company in the public register. Closing is expected in early October. No finder�s fee or brokerage commission is payable with respect to this transact ion.

The Lac Levac property hosts the NISK-1 deposit, which lies in an intrusive body. A 43-101 resource estimate completed earlier this year (see press release dated May 7, 2008) showed that the NISK-1 deposit contains measured and indicated resources of 2.1 million tonnes grading 1.1% nickel, 0.56% copper, 0.07% cobalt, 0.21 g/t platinum and 1.11 g/t palladium, along with an additional 1.0 million tonnes of inferred resources at the same grades.  Other intrusive bodies that could provide additional ore for a future operation are known to occur throughout the area. The Company plans to begin testing other intrusives on the property later this year.

The Lac Levac property lies 200 km east of James Bay, 216 km north of Chibougamau. The property is easily accessible by the extensive road network that serves the power projects. It lies less than four kilometres from Hydro-Quebec�s Albanel substation and 35 km east of the Nemiscau airport.


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.


Golden Goose Resources Inc.
Jean-Marc Lacoste
Phone: 1-888-928-4667     
Fax: 1-888-494-5371     
email: lacoste@goldengooseres.com   

Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Julien Ouimet : jouimet@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717

Qualified Person under NI 43-101
Pierre Trudel, Ing.
RSW Inc.
Tel.: (514) 878-2621
Fax: (514) 397-0085

Golden Goose Resources Inc.

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Golden Goose est une société d’exploration minière d'or basée au Canada.

Golden Goose est cotée au Canada. Sa capitalisation boursière aujourd'hui est 19,6 millions CA$ (19,5 millions US$, 14,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 29 décembre 2000 à 0,04 CA$, et son plus haut niveau récent le 31 décembre 2007 à 1,25 CA$.

Golden Goose possède 51 562 000 actions en circulation.

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Rapports annuels de Golden Goose Resources Inc.
Reports 2007 Annual Results
Annual Report 2007
Financements de Golden Goose Resources Inc.
17/12/2007Closes Private Placement Financing With the Mineralfields Gr...
04/09/2007$1,200,000 Private Placement - Issuance of Flow-Through Comm...
Attributions d'options de Golden Goose Resources Inc.
06/03/2008Announce of the Grant of Stock Options
05/06/2007Annual Meeting Of Shareholders And Grant Of Stock Options
09/05/2007Announces The Grant Of Stock Options
Nominations de Golden Goose Resources Inc.
29/10/2007 Appoints Kevin Ramsay as Director
Rapports Financiers de Golden Goose Resources Inc.
26/08/2008Reports its Financial Results for the Second Quarter of 2008
27/05/2008Reports its Financial Results for the First Quarter
22/11/2007 Reports Its Financial Results For The Third Quarter
29/08/2007reports its financial results for the second quarter
24/05/2007Reports Its Financial Results For The First Quarter
Projets de Golden Goose Resources Inc.
12/08/2009(Lac Levac)signs option to sell its Lac Levac nickel property
29/07/2009(Lac Levac)files metalurgy report for its Lac Levac nickel deposit
22/07/2009(Montauban)sells its Montauban properties
03/09/2008(Lac Levac)Doubles its Lac Levac Land Position to 200 Km(2)
29/05/2008Reports a New 43-101 Resource Estimate for its Magino Gold P...
15/05/2008(Magino)Hits 5.25 g/t of Gold Over 13.4 Metres at its Magino Gold Pr...
07/05/2008(Lac Levac)Reports a 43-101 Nickel Resource at its Lac Levac Property
16/04/2008(Lac Levac)Nickel Results Confirm Depth Extension of Deposit at its Lac...
11/04/2008(Lac Levac)hits multiple high nickel, copper and palladium grades at La...
08/04/2008(Magino)Infill Drilling at Golden Goose?s Magino Gold Property Conti...
13/02/2008(Lac Levac)Extends Lac Levac Strike Length to 750 Metres with Multiple ...
29/01/2008(Lac Levac) Hits 18.5 Metres of 1.22% Nickel at its Lac Levac Property
24/01/2008(Lac Levac) Hits 16.88 G/T Platinum Over 0.50 Metres in a 3.5-Metre Zon...
18/12/2007(Lac Levac)Completes 7,150-Metre Fall Drilling Program on its Lac Levac...
14/12/2007(Magino)Completes Phase I of Drilling on its Magino Gold Property
20/11/2007(Magino) Reports More Gold With 16.59 g/t Over 5.40 Meters
14/11/2007(Magino)Hits 36 Meters of 4.11 Grams of Gold per Tonne
22/10/2007(Lac Levac)Begins 6,000 Metre Drilling Program at its Lac Levac Nickel ...
14/09/2007(Lac Levac)Gives the Green Light to an Additional 6,000 Metres of Drill...
31/07/2007(Magino)Reports Multiple Gold Intersections From Magino Drill Progra...
12/07/2007(Lac Levac)Lac Levac Property NI 43-101 resources estimate with
17/05/2007announces New Nickel drilling results on its Lac Levac Prope...
04/05/2007(Lac Levac)intersects new 1.07% nickel over 4.0 metres at its Lac Levac...
20/04/2007(Lac Levac)intersects 17.5 metres grading 1.48% nickel at its Lac Levac...
09/03/2007 Magino Drilling Discovers New High-Grade Gold Zone
Communiqués de Presse de Golden Goose Resources Inc.
06/06/2008Grove resumes production
04/06/2008Power Supply Interruption at Golden Grove
04/03/2008Gives Sgs Lakefield The Go-Ahead for Lac Levac Metallurgical...
30/11/2007Geophysical Survey Identifies New Lateral Extension of 400 M...
06/11/2007Company Execs Online Interview
25/09/2007Graduates to Tier 1 on TSX Venture Exchange
07/08/2007V-P Exploration Joins Golden Goose Resources Inc.
14/06/2007Resignation Of A Director
11/05/2007Pinetree Capital Ltd. acquires common shares of Golden Goose...
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