Business
Golden Goose hits 16.88 g/t platinum over 0.50 metres in a 3.5-metre zone at its Lac Levac property
MONTREAL, Jan. 24 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is plea...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, Jan. 24 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to report that Hole 40-07 drilled last fall on its\nLac Levac property has returned an intersection of 2.64 g/t platinum (Pt) over\n3.5 metres, including 16.88 g/t of Pt over 0.5 m. The Lac Levac property is\nwholly-owned by Golden Goose and lies in the James Bay area of northern\nQuebec.\n\n\nHole 40-07 was drilled on the main area of the NISK-1(x) anomaly. Detailed\nassay results are as follows:\n\n\nHole From To Length Ni Cu Co Pt Pd\nNo. (m) (m) (m) % % % (g/t) (g/t)\n-------------------------------------------------------------------------\n40-07 243.5 247.0 3.5 0.70 0.21 0.04 2.64 1.59\n-------------------------------------------------------------------------\n Including : 246.5 247.0 0.5 0.87 0.17 0.05 16.88 0.61\n-------------------------------------------------------------------------\nAnalyses were done by Accurassay Laboratories, Thunder Bay, Ontario. All\nsamples are tested using a full scan ICP following an Aqua-Regia\ndigestion. Ore grade samples are then reanalyzed by atomic absorption.\nPt and Pd are tested by Fire Assay using lead collection.\n\n"While up until now we have considered the Lac Levac property primarily as\na nickel play, this exceptional result is leading us to take a fresh look at\nthe property in terms of its platinum potential," said Jean-Marc Lacoste,\nPresident of Golden Goose.\nThe Company is also analyzing the palladium (Pd) mineralization of the\neastern extension of the NISK-1 anomaly. While palladium grades in the main\nsection of the anomaly generally average about 0.8 g/t, results for the\neastern extension are showing an average of 2.19 g/t Pd. The best result to\ndate is in Hole 47-07, which returned an intersection of 3.24 g/t Pd over\n8.0 metres, including a section of 3.44 g/t of Pt over 1.5 metres. Detailed\nresults for Hole 47-07 are as follows:\n\nHole From To Length Ni Cu Co Pt Pd\nNo. (m) (m) (m) % % % (g/t) (g/t)\n-------------------------------------------------------------------------\n47-07 153.70 161.70 8.00 1.03 0.72 0.05 0.91 3.24\n-------------------------------------------------------------------------\n Including: 159.70 161.20 1.50 1.04 1.28 0.05 3.44 5.39\n-------------------------------------------------------------------------\n\nAddit...