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Golden Goose files its 43-101 report with substantial gold resources at its Magino Mine
453,000 ounces measured and indicated, 1.178 million ounces inferred, to depth of 500 metres MONT...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\n453,000 ounces measured and indicated, 1.178 million ounces inferred, to\n\n\ndepth of 500 metres\n\n\nMONTREAL, May 29 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\nis pleased to report the filing of the 43-101 report with a substantial\nincrease in estimated gold resources at its wholly-owned Magino property near\nWawa, Ontario. The new estimate was prepared in compliance with National\nInstrument 43-101 - Standards of Disclosure for Mineral Projects shows the\nfollowing results:\n\n\n Magino Mineral Resources Estimate\n at a cut-off grade of 3.0 g/t Au\n\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n Grade\nCategory Tonnes (g/t Au) Ounces\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\nMeasured resource 222,900 5.97 42,749\n-------------------------------------------------------------------------\nIndicated resource 1,869,000 6.83 410,440\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\nTotal Measured and Indicated\n resources 2,091,900 6.74 453,189\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\nInferred resources 5,828,800 6.29 1,178,124\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n\nThe report prepared by Innovexplo, an independent mining and exploration\nconsulting firm based in Val-d'Or, Quebec, estimates a measured and indicated\nresource of 2,091,900 tonnes grading 6.74 grams gold per tonne containing\n453,189 ounces of gold, at a cut-off grade of 3.0 grams gold per tonne. The\nreport also estimates an additional inferred resource of 5,828,800 tonnes\ngrading 6.29 grams gold per tonne and containing 1,178,124 ounces, at the same\ncut-off grade. At an increased cut-off grade of 5.0 grams gold per tonne, the\nreport says, the measured and i...