Business
Golden Goose hits 36 meters of 4.11 grams of gold per tonne
MONTREAL, Nov. 14 /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, Nov. 14 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to announce that additional excellent results have\nbeen received from drilling on its wholly-owned Magino gold property near Wawa\nin northwestern Ontario, including a 36-metre section of core grading\n4.11 grams of gold per tonne.\n\n\nThe latest assay results are for holes 23, 24 and 25. These holes were\ndrilled as part of Phase I of a 15,000-metre program aimed at increasing and\nupgrading the known resources to the point where a prefeasibility study on\nrestarting the Magino mine can be undertaken. The holes were drilled under the\nold mine workings to test the known zones below the 150-metre (500-ft) level\nto a depth of approximately 400 m. This work has returned numerous intercepts\nin the granodiorite-hosted quartz vein system.\n\n\n"The granodiorite formation is continuing to yield high-quality\nintercepts and demonstrate very exciting potential," said Jean-Marc Lacoste,\nPresident and Chief Executive Officer of Golden Goose. "These sections appear\nto represent the depth extensions of the known gold-bearing zones. We are now\nin the process of compiling and interpreting the drill data so that we can\nbetter understand the geometry of the Magino mine vein system and proceed with\nan updated resource estimate."\n\n\nThe latest results are as follows:\n\n Gold\n From To Length(x) Content\nHole No. (m) (m) (m) (g/t)\n-------------------------------------------------------------------------\n 07-23 160.00 169.00 9.00 3.79\n Including: 162.00 163.00 1.00 4.42\n Including: 168.00 169.00 1.00 25.55\n And: 183.00 185.30 2.30 6.72\n Including: 183.90 184.70 0.80 14.71\n And: 220.00 221.00 1.00 7.33\n And: 234.00 236.00 2.00 2.31\n Including: 234.00 234.50 0.50 5.13 VG\n And: 329.00 330.00 1.00 7.45\n And: 459.00 460.00 1.00 5.30\n\nQFP zone And: 585.00 586.50 1.50 2.95\n Including: 585.00 586.00 1.00 3.33\n-------------------------------------------------------------------------\n 07-24 166.00 174.40 8.40 6.73\n Including: 166.00 167.00 1.00 51.88 VG\n And: 244.00 280.00 36.00 4.11\n Including: 248.00 249.00 1.00 7.92\n Including: 255.00 256.00 1.00 5.31\n Including: 262.00 263.00 1.00 4.63\n Including: 266.00 267.00 1.00 61.52 VG\n Including: 271.00 271.50 0.50 4.47\n Including: 278.00 27...