MONTREAL, March 4 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is pleased to report that it has given SGS Lakefield a mandate for scoping-level metallurgical testing of material from its Lac Levac deposit. Wholly-owned by Golden Goose, Lac Levac is a nickel-copper-PGM deposit located 216 km north of Chibougamau in the James Bay area of northern Quebec.
Testing to be carried out by SGS Lakefield will consist of ore receipt and preparation, chemical, mineralogical and ore hardness characterization and flotation testing. The test program will provide strong indications of what to expect for metal recoveries and final concentrate grades. The program is expected to take 10 weeks to complete.
The Company is also in the process of updating an NI 43-101 resource estimate for the property based on the results of its 2007 drilling program. The previous estimate dated July 2007 showed an indicated resource of 516,000 tonnes at 0.89% nickel, 0.39% copper, 0.06% cobalt, 0.79 g/t palladium and 0.14 g/t platinum and an inferred resource of 734,000 tonnes at 0.89% nickel, 0.34% copper, 0.06% cobalt, 0.77 g/t palladium and 0.14 g/t platinum. In the meantime, drilling continues on the property, with some 10,000 metres planned for 2008.
ABOUT GOLDEN GOOSE RESOURCES
Golden Goose Resources Inc. is a Canadian public company listed on the TSX Venture Exchange under the symbol GGR. The Company is principally engaged in mineral exploration and acquisition and has a portfolio of gold and nickel-platinum group metals properties in Ontario and Quebec.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.