Business
Golden Goose reports more gold with 16.59 g/t over 5.40 meters
MONTREAL, Nov. 20 /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. 20 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to announce further results from its ongoing\ndrilling program on its wholly-owned Magino gold property near Wawa in\nnorthwestern Ontario.\n\n\nThe Company is presently completing Phase I of a 15,000-metre program\naimed at increasing and upgrading the known resources to the point where a\nprefeasibility study on restarting the Magino mine can be undertaken. Phase I\nconsists of about 7,000 metres of drilling under the old mine workings to test\nthe previously known zones as well as the potential at depth. To date,\nnumerous intercepts have been reported from the known granodiorite-hosted\nquartz vein system and from the recently discovered zone hosted in the deeper\nQuartz Feldspar Porphyry (QFP) formation and associated sulphide rich horizon.\n\n\n"With numerous intersection now in, there is no doubt that the QFP\nformation offers good potential for increasing the project resource," said\nJean-Marc Lacoste, President and Chief Executive Officer of Golden Goose.\n"This zone appears to be a combination of the depth extensions of known veins\nand new occurrences."\n\n\nThe latest results are for holes 26 and 28, following up on holes 23, 24,\n25 reported on last week:\n\n\n From To Length(x) Gold Content\nHole No. (m) (m) (m) (g/t)\n-------------------------------------------------------------------------\n07-26 95.50 99.00 3.50 7.66\n Including: 95.50 96.40 0.90 27.67\n And: 106.80 110.60 3.20 3.13\n Including: 109.30 110.00 0.70 8.06\n And: 123.00 127.00 4.00 3.39\n Including: 125.00 126.00 1.00 6.40\n And: 280.50 283.00 2.50 2.49\n Including: 280.50 281.30 0.80 7.30\n And: 383.00 385.00 2.00 3.53\n And: 384.00 384.55 0.55 11.79\n And: 485.00 493.00 8.00 4.70\n Including: 488.00 489.00 1.00 8.78\n Including: 490.40 491.00 0.60 24.92\n And: 502.00 503.00 1.00 6.26\n And: 531.00 537.00 6.00 3.16\n Including: 536.00 537.00 1.00 15.09 VG\n And: 546.00 547.00 1.00 7.04\n And: 633.71 637.75 4.04 2.22\n And: 641.35 645.00 3.65 17.24\n Including: 641.35 642.00 0.65 19.08\n Including: 642.80 644.00 1.20 40.17\n And: 655.00 657.00 2.00 2.95\n Including: 655.65 656.00 0.35 10.96\nOutside the granodiorite in the volcanic tuff\n 705.50 708.30 2.75 2.17\n And: 734.74 736.55 1.81 4.50\n Including: 734.74...