MONTREAL, Jan. 22 /CNW Telbec/ - (TSX-V: GGR), Golden Goose Resources Inc. (the "Company") has entered into an agreement with RSW Inc. to evaluate and confirm the mineral potential of Lac Levac, a nickel-copper-PGM mining property located in James Bay, 40 km north-east of Nemiscau, Quebec. The discovery of several magnetic highs this summer in an airborne geophysical study led to the launch of this program. Previous drilling in the area by INCO in the 1960's intersected significant nickel-copper-PGM mineralization associated with ultramafic intrusive rocks, including 16.2m of 0.8%Ni, 0.5% Cu and 2g/t PGM.
In addition, the Company is pursuing its 14,000 m drilling program at its Magino property located near Wawa, Ontario. Release of results are expected starting in February 2007.
As recently announced, Mr. Kevin Sherkin joined the Board of Directors of the Company. Mr. Sherkin is a founding partner and the managing partner of Levine, Sherkin, Boussidan Professional Corporation. He currently sits on the Board of Directors of Rubicon Minerals Corp. (TSX-V: RMX). As well, Mr. Richard Kwong, CMA has joined as CFO. He worked for Price Waterhouse (Hong Kong) and served as Controller for MKEI Enterprise in Canada for more than 10 years. He is currently controller of Goldmark Prescott Sanitation Inc. and is the Vice President Finance of Pavao Holdings.
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.