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Golden Goose Resources Inc.

Publié le 15 mai 2008

Hits 5.25 g/t of Gold Over 13.4 Metres at its Magino Gold Property

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Golden Goose Hits 5.25 g/t of Gold Over 13.4 Metres at its Magino Gold Property

Montreal, Quebec, May 15, 2008 - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") has received the assay results for the two final holes of the 10,608-metre infill drilling program on its wholly-owned Magino Mine property, located 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa, Ontario.

Holes 07-29 and 07-30 are the last of seventeen holes drilled since the beginning of 2007 (see press releases dated December 13, 2007 and April 8, 2008 for the results of the other holes). Like the other holes, 07-29 and 07-30 intersected numerous gold-bearing zones. The best results include 6.18 g/t Au over 3.4 m in Hole 07-29, and 5.25 g/t Au over 13.4 m, 4.55 g/t Au over 6.4 m and 5.83 g/t Au over 5.2 m in Hole 07-30. Full results for the two holes are shown in the table below (true cut not yet determined).

Originally designed to test the multiple high-grade gold zones of the Magino Mine below the mine workings, the drilling program was so successful that it was eventually extended to the entire granodiorite sill.  Some 40 separate mineralised zones have been identified to date, all still open at depth and along strike. A map showing the best results to date can be seen on the Company's website at:

http://www.goldengooseres.com/pages/en/results_12_07

The latest results will be the last to be included in a new 43-101 resource calculation now being carried out by Innovexplo, a consulting firm based in Val-d'Or, Quebec. The last resource estimate was dated April 2004 and showed a measured and indicated resource of 7.2 million tonnes grading 2.33 g/t Au (or 586,000 ounces). The new estimate will be in addition to the 2004 resource and is expected to be released shortly.

Magino Mine Surface Drill Results - Holes 07-29 and 07-30

Hole #

From (m)

To (m)

Length (m)

Au g/t

07-29

225

230.15

5.15

1.55

including

225

226

1

2.38

including

229.75

230.15

0.4

9.24

and

238

239.5

1.5

4.03

including

239

239.5

0.5

11.03

and

286

288.62

2.62

1.57

and

291

301.5

10.5

0.91

including

291

292

1

3.60

and

539

544

5

0.57

and

599

601.3

2.3

1.61

and

613

616.4

3.4

6.18

including

614

615

1

19.57

and

647

650

3

2.32

including

648

649

1

4.52

and

671

673

2

11.71

including

671

671.5

0.5

46.59

and

681.66

683.2

1.54

3.86

including

682.5

683.2

0.7

8.44

and

731.9

733.2

1.3

2.83

and

773

780.25

7.25

2.68

including

773

774

1

7.79

including

774

775

1

8.54

 

 

 

 

 

07-30

137

142

5

3.10

including

137

138

1

5.08

including

138

139

1

3.33

including

139

140

1

5.46

and

146.6

160

13.4

5.25

including

146.6

147.4

0.8

49.83

including

153

154

1

10.54

including

154

155

1

5.24

including

159

160

1

9.71

and

162

166

4

4.31

including

163

164

1

12.12

and

171.3

178

6.7

1.15

including

171.3

172

1.3

3.09

and

182.6

189

6.4

4.55

including

182.6

183.6

1

4.37

including

183.6

184.8

1.2

3.19

including

184.8

185.5

0.7

21.20

including

187

188

1

4.30

and

218

226

8

1.61

and

231

234

3

1.47

and

247.8

254

6.2

2.41

including

247.8

249

1.2

3.84

including

250

251

1

3.44

including

253.08

254

0.92

4.31

and

266.4

271

4.6

5.18

including

267

268

1

3.21

including

268

269

1

6.45

including

270

271

1

12.42

and

290

291

1

4.56

and

444

457

13

2.29

including

444

445

1

23.17

and

473.5

475

1.5

3.10

including

473.5

474

0.5

8.87

and

505

513

8

12.22

including

508

509

1

10.11

including

512

513

1

85.06

and

539.3

544.5

5.2

5.83

including

539.3

540

0.7

6.95

including

540

541

1

20.74

including

544

544.5

0.5

3.56

and

552.85

556.8

3.95

1.65

including

552

552.85

0.85

7.73

including

555.8

556.8

1

6.20

and

560

566

6

4.02

including

562.95

564

1.05

18.16

and

575.8

578.5

2.7

5.01

including

577

578

1

12.30

Samples were transported directly to the Accurassays laboratories in Thunder Bay, Ontario and assayed using standard fire assay methods. The information contained in this news release has been reviewed and approved by Gilles Provost, M.Sc.A., P.Geo., and a Qualified Person as defined by NI 43-101.

ABOUT GOLDEN GOOSE RESOURCES

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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

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
JAMES BUCHANAN : JBUCHANAN@RENMARKFINANCIAL.COM
TEL.: (514) 939-3989
FAX: (514) 939-3717
WWW.RENMARKFINANCIAL.COM 

QUALIFIED PERSON UNDER NI 43-101
GILLES PROVOST M.SC. A.. P. GEOL.
TEL.: (888) 928-4667
FAX: (888) 494-5471
 WWW.GOLDENGOOSERES.COM

Golden Goose Resources Inc.

CODE : GGR.V
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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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