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Golden Goose Resources Inc.

Publié le 16 avril 2008

Nickel Results Confirm Depth Extension of Deposit at its Lac Levac Property

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

Golden Goose Nickel Results Confirm Depth Extension of Deposit at its Lac Levac Property

Montreal, Quebec - April 16th, 2008 - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is reporting additional results from the 2008 winter drilling program at its Lac Levac nickel project. The property, which is accessible by road and less than 4 km from Hydro-Quebec's Albanel substation, is wholly-owned by Golden Goose and lies 35 km east from the Nemiscau airport and 216 km north of Chibougamau in the James Bay area of northern Quebec.

The Lac Levac mineralized zone is part of a 4 km long by 300 m wide magnetic geophysical anomaly. The mineralized zone is composed of massive to disseminated sulphides in an ultramafic rock identified as a serpentinized peridotite.

Highlights of the latest drill results include 5.5 metres of 1.22% nickel and 0.75% copper in Hole 53-08 and 6.5 metres of 1.02% nickel and 0.77% copper at a true vertical depth of 330 metres in Hole 57-08, both in the eastern extension.

" These additional results complete the data required to update our resource estimate for the NISK-1 anomaly," said Jean-Marc Lacoste, President of Golden Goose. "The Fall 2007 and Winter 2008 drilling returned very exciting results in terms of grade and zone continuity, and we are looking forward to seeing how this reflects in the new 43-101 estimate, due out in the next couple of weeks. Combined with metallurgical testing currently underway, the resource estimate should provide us with a good roadmap for exploration of the Lac Levac project in the coming months."

Complete results for the latest holes are as follows:

Winter 2008 Program

Hole

From

To

Length

Ni

Cu

Co

Pt

Pd

#

(m)

(m)

(m)

%

%

%

(g/t)

(g/t)

Eastern extension (discovered Fall 2007)

53-08

29.70

35.20

5.50

1.22

      0.75

0.09

0.02

0.32

including

32.20

34.20

2.00

1.60

      0.63

0.11

0.04

0.24

And

39.20

41.70

2.50

0.67

      0.32

0.06

0.03

0.87

And

46.70

48.70

2.00

0.43

      0.22

0.04

0.03

0.26

57-08

363.30

369.80

6.50

1.02

      0.77

0.06

0.26

1.09

59-08

54.00

56.50

2.50

0.78

0.55

0.06

0.09

0.46

Holes 51-08, 64-08 and 65-08 intersected minor mineralization (less than 2 m thickness at a cutoff grade of 0.4% Ni).

Hole 63-08 does not exist.

Hole 55-08 did not reach the target: drilling was stopped due to poor ground conditions.

Main area (drilling recommended in the July 2007 43-101 report)   

58-08

304.80

306.80

2.00

1.68

0.48

0.10

0.05

1.69

And

311.80

313.80

2.00

0.96

0.70

0.09

0.08

0.48

And

320.30

324.8

4.50

0.80

0.47

0.05

0.22

0.86

67-08

345.00

349.50

4.50

0.88

0.33

0.07

0.34

1.33

Including

345.00

347.00

2.00

1.28

0.56

0.10

0.48

2.17

Western extension (Identified by a ground geophysical survey done in February 2008)   

Holes 68-08 and 69-08 showed no significant mineralization.



Previously-disclosed drill results for the NISK-1 anomaly, Main area and Eastern extension:


Hole

From

To

Length

Ni

Cu

Co

Pt

Pd

#

(m)

(m)

(m)

%

%

%

(g/t)

(g/t)

Eastern extension (discovered fall 2007)

16-07

240.30

244.30

4.00

0.85

0.29

0.05

0.04

0.54

17-07

141.30

143.30

2.00

0.41

0.16

0.02

0.01

0.07

33-08

28.50

32.00

3.50

0.63

1.84

    0.05

0.07

1.18

Including

28.50

30.00

1.50

0.51

3.24

    0.05

0.12

2.50

Including

30.50

31.50

1.00

1.10

0.91

    0.09

0.03

0.24

And

47.50

50.50

3.00

1.43

0.30

    0.10

0.27

1.84

Including

47.50

48.50

1.00

2.04

0.27

    0.15

0.46

2.52

39-07

58.50

61.00

2.50

0.77

      0.38

0.04

0.20

2.67

43-071

233.50

243.50

10.00

0.65

      0.75

0.03

0.04

0.29

Including

239.50

243.50

4.00

1.30

      0.64

0.07

0.02

0.49

45-07

183.10

186.10

3.00

0.81

      0.81

0.05

0.30

1.27

46-07

261.50

272.50

11.00

1.04

1.09

0.06

0.27

0.64

47-07

153.70

161.70

8.00

1.03

      0.72

0.05

0.91

3.24

48-07

118.00

121.00

3.00

1.26

0.36

0.08

0.13

   0.49

And

140.50

143.50

3.00

0.55

0.08

0.04

0.05

   0.38

54-08

220.00

222.00

2.00

1.00

0.35

    0.05

0.05

1.40

Including

220.00

221.00

1.00

1.77

0.26

    0.09

0.10

2.63

56-08

320.00

325.00

5.00

1.94

0.86

    0.16

0.56

3.39

Including

320.00

322.00

2.00

2.30

0.75

    0.15

0.35

3.30

And

338.00

341.50

3.50

0.94

1.54

    0.06

0.00

0.91

Including

340.50

341.50

1.00

0.84

3.09

    0.07

0.00

1.32

60-08

45.70

47.70

2.00

1.72

0.16

    0.10

0.05

1.26

Including

46.20

47.70

1.50

2.20

0.21

    0.13

0.07

1.68

And

52.70

54.70

2.00

1.26

0.77

    0.07

0.08

0.69

Including

52.70

53.70

1.00

1.44

1.31

    0.08

0.07

0.79

61-08

101.00

106.00

5.00

1.00

1.34

    0.08

0.23

1.38

Including

101.00

102.00

1.00

0.61

4.44

    0.04

0.06

2.64

Including

102.50

103.50

1.00

1.99

0.29

    0.14

0.05

1.30

62-08

63.00

69.00

6.00

1.06

0.60

    0.07

0.16

1.81

Including

63.00

64.00

1.00

1.24

0.48

    0.09

0.13

0.88

Including

66.00

67.50

1.50

1.41

0.64

    0.09

0.02

1.84

66-08

43.00

45.00

2.00

0.79

0.12

    0.06

0.01

0.67

Holes 44-07, 49-07 and 50-07 intersected minor mineralization (less than 2 m thickness at a cutoff grade of 0.4% Ni).

 

Main area (drilling recommended in July 2007 43-101 report)

04-07

125.40

132.40

7.00

1.05

0.49

0.07

0.20

1.53

05-07

187.00

190.00

3.00

1.36

0.52

0.06

0.44

1.03

And

192.00

209.50

17.50

1.48

0.42

0.09

0.26

1.10

06-07

154.50

156.00

1.50

1.09

0.35

0.07

0.09

0.79

07-07

106.70

108.70

2.00

1.17

0.28

0.07

0.23

0.94

08-07

129.00

133.00

4.00

1.07

0.31

0.07

0.04

0.76

And

118.00

121.00

3.00

0.63

0.11

0.04

0.09

0.25

09-07

188.30

190.30

2.00

0.84

0.62

0.04

0.19

0.54

10-07

177.40

179.40

2.00

0.62

0.05

0.03

0.11

0.33

13-07

158.00

160.50

2.50

1.69

0.77

0.09

0.14

1.19

15-07

61.80

63.30

1.50

0.43

0.73

0.02

0.13

0.65

19-07

284.50

286.50

2.00

0.45

0.11

0.02

0.04

0.32

22-07

23.00

27.50

4.50

0.89

0.25

0.07

0.05

0.87

And

42.00

44.00

2.00

1.71

0.17

0.10

0.03

0.24

24-07

120.20

130.70

10.50

0.92

0.48

0.07

0.02

0.49

25-07

227.50

246.00

18.50

   1.22

     0.63

 0.07

    0.20

    1.37

26-07

29.00

29.50

0.50

2.47

0.63

0.12

0.05

0.62

And

35.00

36.00

1.00

0.96

0.06

0.07

0.05

0.51

28b-07

340.00

342.00

2.00

0.41

0.19

0.01

0.04

0.22

29-07