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Golden Goose nickel results confirm depth extension of deposit at its Lac Levac property
MONTREAL, April 16 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is rep...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, April 16 /CNW Telbec/ - Golden Goose Resources Inc.\n(TSX-V: GGR) (the "Company") is reporting additional results from the 2008\nwinter drilling program at its Lac Levac nickel project. The property, which\nis accessible by road and less than 4 km from Hydro-Quebec's Albanel\nsubstation, is wholly-owned by Golden Goose and lies 35 km east from the\nNemiscau airport and 216 km north of Chibougamau in the James Bay area of\nnorthern Quebec.\n\n\nThe Lac Levac mineralized zone is part of a 4 km long by 300 m wide\nmagnetic geophysical anomaly. The mineralized zone is composed of massive to\ndisseminated sulphides in an ultramafic rock identified as a serpentinized\nperidotite.\n\n\nHighlights of the latest drill results include 5.5 metres of 1.22% nickel\nand 0.75% copper in Hole 53-08 and 6.5 metres of 1.02% nickel and 0.77% copper\nat a true vertical depth of 330 metres in Hole 57-08, both in the eastern\nextension.\n\n\n"These additional results complete the data required to update our\nresource estimate for the NISK-1 anomaly," said Jean-Marc Lacoste, President\nof Golden Goose. "The Fall 2007 and Winter 2008 drilling returned very\nexciting results in terms of grade and zone continuity, and we are looking\nforward to seeing how this reflects in the new 43-101 estimate, due out in the\nnext couple of weeks. Combined with metallurgical testing currently underway,\nthe resource estimate should provide us with a good roadmap for exploration of\nthe Lac Levac project in the coming months."\n\n\nComplete results for the latest holes are as follows:\n\n\nWinter 2008 Program\n\n-------------------------------------------------------------------------\nHole From To Length Ni Cu Co Pt Pd\nNo. (m) (m) (m) % % % (g/t) (g/t)\n-------------------------------------------------------------------------\nEastern extension (discovered Fall 2007)\n-------------------------------------------------------------------------\n53-08 29.70 35.20 5.50 1.22 0.75 0.09 0.02 0.32\n-------------------------------------------------------------------------\n including 32.20 34.20 2.00 1.60 0.63 0.11 0.04 0.24\n-------------------------------------------------------------------------\n And 39.20 41.70 2.50 0.67 0.32 0.06 0.03 0.87\n-------------------------------------------------------------------------\n And 46.7...