MONTREAL, Nov. 1 /CNW Telbec/ - (TSX-V: GGR). Golden Goose Resources Inc. (the "Company") announces that it has completed an airborne magnetic and electromagnetic survey using Aeroquest on the Lac Levac nickel-copper-PGM property, near Nemiscau in northern Quebec. A detailed analysis of the geophysical data has been completed by Abitibi Geophysics Inc. Abitibi reports 4 high priority anomalies on the 5,500 Hectare property. 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. Detailed ground geophysical follow up will be carried on the property in November. Priority anomalies will be drill tested in Q1 of 2007. The Company is also pleased to announce that a drilling contract has been awarded to continue the campaign at the Magino property near Wawa, Ontario. Golden Goose drilled fifteen holes totalling 6,670 m on the Magino property earlier in 2006. Results were the subject of a press release dated August 1st 2006. The drilling discovered and expanded multiple high-grade zones of gold mineralization from 150 to 400 m below surface, under the historical Magino Mine workings. The 2006 drilling successfully identified a robust mineralized system and demonstrated the down-dip continuity of the mineralization, which remains open at depth and along strike. The Magino deposit has an estimated measured and indicated resource of 500,000 ozs of gold with an average grade of 0.075 oz/T from surface to 200 meters depth in a 43-101 report prepared by Snowden Mining Industry Consultants Inc and filed on SEDAR in April 2004. The Magino Mine operated from 1988 to 1992 when it produced 105,543 ounces of gold from high grade veins at depths of 125 m to 200 m below surface. The next stage of drilling is planned to total 14,000 meters and will start in November 2006. The drill program was designed by InnovExplo Inc. to continue exploration of the mineralized zones below the historical workings and to provide sufficient infill drilling to recalculate an upgraded resource to approximately 400 meters depth. Golden Goose Resources Inc. is a Canadian mining company engaged in the acquisition, exploration and development of resource properties.