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Golden Goose Resources Inc.

Publié le 31 juillet 2007

Reports Multiple Gold Intersections From Magino Drill Program.

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Golden Goose Reports Multiple Gold Intersections From Magino Drill Program.

Montreal, QC - July 31, 2007 - Golden Goose Resources Inc. (TSX Venture: GGR) is pleased to announce that multiple zones of gold mineralization have been intersected by drilling in both the granodiorite hosted quartz vein system and in the newly discovered Quartz Feldspar Porphyry (QFP) hosted zone at the Magino gold property, located near Wawa, Ontario. A total of 5,173 meters has been completed from a planned 14,000 m drill program.

Gold mineralization in both host rocks is associated with multiple quartz veins in sub vertical shear zones that appear to exhibit continuity at depth.  Each zone is described as follows:

The Granodiorite Stock
The drill intersected multiple gold veins varying from 1 to 10 meters wide with grades from 3g/t to 60 grams per tonne (g/t). The deepest intersection in the granodiorite stock is 350 vertical meters.  All holes intersected gold mineralization and each is open at depth. Results are sufficiently encouraging that the program, which was initially designed to test down dip to 300 vertical meters, has been extended to trace the system to 450 meters depth. Furthermore, the granodiorite stock enlarges with depth, increasing the scope to discover new gold bearing shear zones. One hole, which was drilled through the granodiorite into adjacent rocks, resulted in the new discovery of gold mineralization in QFP (previously reported on March 8th 2007).

The QFP Zone
Three holes (18, 20 and 22) deepened through the west side of the granodiorite extended the QFP zone by 100 meters from the original discovery previously reported in hole 19A.  Gold is associated with a quartz vein system and shearing, probably related to the same process that produced the gold in the granodiorite. Gold mineralization in the QFP remains open for a significant distance up dip as well as to the west and at depth.

The gold zone results, from holes 18 to 22, in the granodiorite and QFP zones are presented in the following table ("true width" not yet determined): 

THIS PRESS RELEASE CONTAINS A TABLE.  CLICK HERE TO VIEW ORIGINAL PDF VERSION OF THIS RELEASE.

Jean-Marc Lacoste, president, said, "We are excited by the QFP zone and its results, which continue to increase the potential of the Magino property. We will make every necessary effort to further its development. The current 14,000 m drill program continues to provide us with numerous high-grade intercepts in the granodiorite formation as well. They appear to extend several known zones of mineralization to depths between 200 m to 400 m.''

The 14,000 m drill campaign is scheduled to continue until the end of 2007. Some pictures of the latest visit to the Magino property are now available on the website: www.goldengooseres.com 

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 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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Golden Goose Resources Inc.     
Jean-Marc Lacoste      
President       
1 Place Ville Marie, Suite2821     
Mtl, Qc, H3B 4R4      

Golden Goose Resources Inc.
Gille Provost
Geologist and Qualified Person Under NI 43-101

Phone: 1-888-928-4667      
Fax: 1-888-494-5371      
website: www.goldengooseres.com

RENMARK FINANCIAL COMMUNICATIONS INC.
BARRY MIRE : BMIRE@RENMARKFINANCIAL.COM
BARBARA KOMOROWSKI : BKOMOROWSKI@RENMARKFINANCIAL.COM
MEDIA - VANESSA NAPOLI : VNAPOLI@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.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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