Business
Golden Goose initiates hydrogeology studies on its Magino gold project
MONTREAL, Aug. 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, Aug. 24 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to announce that it has retained the services of\nenvironmental firm AMEC to perform hydrogeology studies with respect to the\ndewatering of the underground workings at its wholly-owned Magino gold\nproperty near Wawa, Ontario.\n\n\nThe Company is in an aggressive development mode on the Magino project\nfollowing the recent release of a 43-101 resource estimate for the project and\nthe sale of its Montauban property and Lac Levac option. Released on May 29,\nthe Magino resource estimate indicates more than 453,000 ounces of gold at\n6.74 g/t in the measured and indicated category and 1.1 million ounces of gold\nat 6.29 g/t in the inferred category.\n\n\nFrancois Perron, President and CEO, commented: "The hydrogeology study at\nthe Magino project represents the first step toward eventual dewatering of the\nexisting ramp, as well as a crucial step towards the application for an\nunderground exploration permit for the gold project. We are looking to\nincrease the value of the existing resource as well as expand the resource\nbase with drilling in areas where the resource remains open or on nearby\ntargets."\n\n\nABOUT GOLDEN GOOSE RESOURCES\n\n\nGolden Goose Resources Inc. is a Canadian public company listed on the\nTSX Venture Exchange under the symbol GGR. The Company is principally engaged\nin mineral exploration and acquisition and has a portfolio of gold, platinum\ngroup metal and nickel properties in Ontario and Quebec.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":1787,"tagName":"div"}]