Business
Infill drilling at Golden Goose's Magino gold property continues to generate impressive results
MONTREAL, April 8 /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, April 8 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to report new results from the recently-completed,\n10,608-metre infill drilling program on its wholly-owned Magino Mine property,\nlocated 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa,\nOntario.\n\n\nThe latest results are for Hole 07-27, which targeted the east side of\nthe Main Area and intersected several gold-bearing structures. Intersections\nincluded 57.80 g/t Au over 0.7 m and 15.57 g/t Au over 0.7 m. The full results\nfor Hole 07-27 are shown in the table below. ("True width" not yet determined)\n\n\nGolden Goose has drilled seventeen holes (06-16 to 07-30) totalling\n10,608m on the Magino property since the beginning of 2007. Most of the\nresults have already been disclosed (see press release dated December 13th,\n2007). A map showing the best results to date can be seen on the Company's\nwebsite at:\n\n\nhttp://www.goldengooseres.com/pages/en/results_12_07\n\n\nThe drilling program was originally designed to outline and extend the\nmultiple known high-grade gold zones from 150 to 400 m below surface, under\nthe historical Magino Mine workings. The program was successful in locating\ndown-dip extension of the mined zones, and was subsequently extended to the\nentire granodiorite sill. Thus far, some 40 separate mineralised zones have\nbeen identified, all of which remain open at depth and along strike.\n\n\nA 43-101 resource calculation is presently underway and will be released\nin the coming weeks.\n\n\nThe Company is presently reviewing the results of drilling to date and\nconsidering further drilling with the goal of upgrading and increasing the\nresource on the property.\n\n\n Magino Mine Surface Drill Results - Hole 07-27\n-------------------------------------------------------------\n Drill From To Length Au\nProject hole Zone (m) (m) (m) g/t\n-------------------------------------------------------------\nMAGINO 07-27 241 246.5 5.5 7.95 free gold\n including 241.8 242.5 0.7 57.80\n\n And 326 327 1 9.14\n\n And 500 501.3 1.3 3.38\n\n And 525 527 2 5.39\n including 525 526 1 10.21\n And 634 636.2 2.2 4.38\n including 634 635 1 8.58\n And 639 641 2 6.89\n including 639 639.7 0.7 15.57\n And 674 678.1 4.1 4.65\n including 674 675 1 11.67\n " 677 678.1 1.1 6.5...