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Prodigy Announces $20.0 Million Financing
May 25, 2011 (Filing Services Canada) --
Prodigy Gold Inc.
(PDG - TSX Venture, KX3 - FWB), (the "Company" or "Prodigy")
is pleased to announce that it has entered into an agreement
with a syndicate of brokers led by Casimir Capital Ltd.
and including National Bank Financial Inc.,
Paradigm Capital Inc. and Byron Capital Markets Ltd.
(the "Agents") to act as agents in connection with a
private placement on a best efforts agency basis of
23,076,923 common shares at a price of $0.65 per share
plus 6,666,667 flow-through common shares at a price
of $0.75 per flow-through common share for aggregate
gross proceeds of approximately $20,000,000.
Under the agreement, the number of flow through common shares
sold in the offering may not exceed the lesser of
(i) 25% of the aggregate number of non flow-through common
shares and flow-through common shares sold in the offering and
(ii) that number of flow through shares that represent
proceeds of $5 million.
As consideration for acting as agents, the Agents will be paid
a commission of 6% of the total proceeds raised upon closing
and issued agents' warrants ("Agents' Warrants") equal to 3%
of the common shares issued pursuant to this offering.
Each Agents' Warrant will be exercisable to acquire one common
share at $0.70 expiring 24 months after the closing date.
The Company has also granted the Agents an over-allotment
option to solicit an additional $5 million in non flow-through
shares, exercisable 48 hours prior to closing.
All securities issued in conjunction with the private
placement will be subject to a four month hold period.
The private placement is subject to acceptance of a filing
to be made in respect of same by the TSX Venture Exchange.
The offering expected to close on or about June 8, 2011.
The proceeds from the private placement will be used to fund
the Company's ongoing exploration and development at
the Magino mine project and general corporate purposes.
This news release does not constitute an offer to sell or
a solicitation of an offer to buy any of the securities
in the United States.
The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States
or to U.S.
Persons unless registered under the U.S. Securities Act
and applicable state securities laws, or unless an
exemption from such registration is available.
About Prodigy Gold:
Prodigy is currently evaluating the development of
the Magino mine gold project in Ontario
as an open-pit mining opportunity with the potential
for deeper, higher grade production.
The Magino Gold mine project contains;
Indicated gold resources of 1,924,200 ounces
grading 1.16 gpt gold (51.6 million tonnes),
and 587,100 ounces of Inferred gold resources
grading 1.04 gpt gold (17.5 million tonnes).
A preliminary Economic Assessment (PEA) of the project
shows a pre-tax NPV of $351 million and an IRR
of 49% using a 5% discount rate (available on SEDAR or
Prodigy's web site).
The proposed operation would have an average annual gold
output of over 166,666 ounces a year during a nine year
project life.
Total gold production is estimated to be 1.50 million ounces
at cash costs of approximately US$496 (Cdn$521) per ounce.
Please note: mineral resources that are not mineral reserves
do not have demonstrated economic viability.
A full feasibility study for the proposed open pit mining
project at Magino is scheduled for early 2012.
Bringing the Magino mine project through the feasibility
process and towards production, coupled with the exploration
potential of our Beardmore-Geraldton exploration properties,
are the catalysts to growing Prodigy and building substantial
value for Prodigy shareholders:
Today's Discovery, Tomorrow's Future.
All scientific and technical information for the Magino project
has been reviewed and approved by Tom Pollock, P.Geo.,
Prodigy's Vice President - Exploration,
who is a qualified person under the definitions established
by National Instrument 43-101.
Drill core at Magino is boxed, covered, and sealed at the
drill rig and moved to the Prodigy logging and sample
preparation facilities by Prodigy personnel.
The core is then split down the centre using a typical table
fed circular rock saw normally at one metre intervals.
One half of the core is sent for assay to ALS Chemex,
2090 Riverside Dr., Timmins, ON, P4R 0A2, while the other
half is returned to the core box and stored at
Prodigy's sampling facility in a secure, fenced off, area.
Prodigy QA/QC procedures include the regular use of blanks,
standards and duplicate samples in addition to sending 10%
of the samples off to a second lab for check assays.
Samples assaying >3.0 gpt gold are automatically re-assayed
by the metallic screen method.
Gold assays greater than 40 gpt are capped at 40 gpt when
calculating composite intervals in drill holes.
Drill holes are directed as much as possible perpendicular
to the strike and dip of the mineralization at Magino.
As a rough estimate the true thickness of the above
intercepts is approximately 76%.
On behalf of the Board of Directors
Brian J. Maher
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Prodigy Gold Incorporated
Email: ir@prodigygold.com
Website:
http://www.prodigygold.com
tel.: 1-604-688-9006
Fax: 1-604-688-9029
This news release includes certain forward-looking statements or
information---- the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
To review this press release as a web page, click onto the link
below :
http://www.usetdas.com/PR/prodigyrev25052011.htm
Source:
Prodigy Gold Inc.
(TSX-V: PDG)
http://www.prodigygold.com
Corporate Presentation
May 24, 2011
http://www.prodigygold.com/_resources/prodigy_gold_presentation_24may2011.pdf
Golden Goose Resourc (GGR)
0.42 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
- - - - -
TSX:GGR Detailed Quote
Golden Goose Resourc (GGR)
0.42 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
- - - - -
Kodiak and Golden Goose Close Business Combination
12/16/2010 3:40 PM - Canada NewsWire
VANCOUVER and MONTREAL, Dec. 16, 2010 (Canada NewsWire via COMTEX News Network) --
TSX.V KXL
Kodiak Exploration Limited (TSX-V: KXL, "Kodiak") and Golden Goose Resources Inc. (TSX-V: GGR, "Golden Goose") are pleased to announce that, further to their joint news releases dated August 31, 2010 and December 13, 2010, the business combination between the companies by way of a statutory plan of arrangement pursuant to the provisions of the Companies Act of Qu?bec (the "Arrangement") was approved by the Superior Court of Quebec on December 14, 2010 and closed effective at 12:01 am (Montreal time) earlier today.
Pursuant to the Arrangement, Golden Goose shareholders will (subject to the provisions for Small Lot Holders set out below) receive 1.2 Kodiak shares and one quarter of one non-transferable Kodiak warrant for each Golden Goose share surrendered, where each whole warrant entitles its holder to purchase one Kodiak share at a price of $0.45 for a period of three years. Outstanding options to purchase Golden Goose shares ("Golden Goose Options") are to be cancelled and holders of such options are to receive options to purchase such number of Kodiak shares ("Kodiak Options") and at an exercise price that reflects the exchange ratio of 1.2 Kodiak Options for each Golden Goose Option.
Small Lot Holders
As set out in the Golden Goose information circular in respect of the Arrangement dated November 10, 2010, any holder of less than 500 shares of Golden Goose who did not elect prior to the effective date of the Arrangement to receive common shares and warrants of Kodiak in exchange for his or her shares of Golden Goose will receive a cash payment of $0.25 per Golden Goose share held.
Board of Directors of Kodiak
As a result of the closing of the Arrangement, Kodiak is now the sole shareholder of Golden Goose and the board of directors of Kodiak now consists of seven directors, being Michael E.J. Phelps, Thomas Barber, Robert Harrington, Thomas P. Mullan, David Richardson, George Salamis and David Watkins.
Letter of Transmittal
The letter of transmittal that was provided to Golden Goose shareholders with the meeting materials in respect of the Arrangement misstated the exchange ratio. It stated that Golden Goose shareholders would receive one share of Kodiak and one quarter of a Kodiak warrant in exchange for each share of Golden Goose held. The correct exchange ratio is set forth above.
On behalf of the Boards of Directors:
Brian J. Maher President and Chief Executive Officer, Kodiak Exploration Limited
Francois Perron President and Chief Executive Officer, Golden Goose Resources, Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/December2010/16/c6005.html
SOURCE: GOLDEN GOOSE RESOURCES INC.
Golden Goose Sets Date for Special Shareholder Meeting
Nov. 8, 2010 (Filing Services Canada) --
Kodiak Exploration Limited
(KXL - TSX Venture, KXLAF - OTCBB_Pink_Sheets, KX3 - FWB),and
Golden Goose Resources Inc.
(GGR - TSX Venture), ("Golden Goose") are pleased to announce that Golden Goose has received permission from the court to hold a special meeting of shareholders to vote on the proposed merger via a Plan of Arrangement with Kodiak. The information circular will be sent to Golden Goose shareholders and filed on SEDAR shortly.
The special meeting is to be held on December 13th, 2010, for shareholders of the record date of November 4th, 2010. In order to approve the transaction, 75% of the votes cast must support the proposal. Once shareholder approval is obtained, final order is rendered by the court, and the deregistration of Golden Goose in the United States is completed, the transaction will close shortly thereafter.
Francois Perron, President and CEO of Golden Goose commented: "We are eager to proceed as this next step will accelerate the surfacing of the value of the Magino project. Preparations for the assessment of the open pit potential have begun and Kodiak Exploration is ready to proceed with a preliminary economic analysis and significant confirmatory drilling. We expect these initiatives to create significant value over the coming months." Brian Maher, President and CEO of Kodiak added: "We are excited to move forward with the development of the Magino Mine project and to realize the full value of this gold deposit in the market place".
On behalf of the Boards of Directors:
Brian J. Maher
President and Chief Executive Officer, Kodiak Exploration Limited
FOR FURTHER INFORMATION, PLEASE CONTACT:
Kodiak Exploration Limited
Brian J. Maher Email: ir@kodiakexp.com
President and Chief Executive Officer Website:
http://www.kodiakexp.com
Tel.: 1-604-688-9006
Francois Perron
President and Chief Executive Officer, Golden Goose Resources, Inc.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Kodiak Drills 35m Grading 2.21 gpt Gold including 4m Grading 16.6 gpt Gold at Milestone
10/6/2010 12:05:51 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Oct 06, 2010 (MARKETWIRE via COMTEX News Network) --
Kodiak Exploration Limited
(TSX VENTURE: KXL)(FRANKFURT: KX3) is pleased to announce results
for an additional nine drill holes at its Milestone gold project
in the Beardmore-Geraldton gold camp of northern Ontario.
Kodiak continues to intercept thick intervals of potentially
bulk-minable shallow gold mineralization that outline a large
robust gold system.
Highlights include drill hole MS10-48 which intercepted 35.0 metres
grading 2.21 gpt gold including 4.0 metres grading 16.58 gpt gold.
This drill intercept is located in the hanging wall of the Pag North
structure and may indicate a significant cross structure that is
also gold mineralized.
This potential new structure represents a new target area contiguous
to the main Pag structure and enhances the gold potential at Milestone.
Drill hole MS10-49 cut 23.5 metres grading 1.98 gpt gold including
10.3 metres grading 3.32 gpt gold in the main Pag North structure,
demonstrating an increase in the thickness of the mineralized zone
and average grade.
This drill hole and the others reported below continue to expand
the size of the gold mineralized system and improve our geological
understanding of gold distribution at Milestone enabling the company
to effectively target the higher grade portions of the system.
Kodiak currently has an additional 3,500 metres of diamond drilling
planned for Milestone with the ability to expand the program as
warranted.
A complete drill hole table and drill hole location map are
shown below.
-----------------------------------------------------------------
From To Length Gold
Hole ID (m) (m) (m) (gpt) Zone
-----------------------------------------------------------------
MS10-41 152.8 160.0 7.2 2.37 Pag N
-----------------------------------------------------------------
MS10-42 168.8 195.7 26.9 1.11 Pag N
-----------------------------------------------------------------
including 175.0 176.0 1.0 14.14
-----------------------------------------------------------------
MS10-43 158.0 187.0 29.0 0.57 Pag N
-----------------------------------------------------------------
MS10-44 103.0 125.0 22.0 1.04 Pag N
-----------------------------------------------------------------
MS10-45 209.0 223.0 14.0 0.69 Pag N
-----------------------------------------------------------------
MS10-46 158.5 167.0 8.5 1.36 Pag N
-----------------------------------------------------------------
MS10-47 NSV Pag N
-----------------------------------------------------------------
MS10-48 154.0 189.0 35.0 2.21 Pag ?
-----------------------------------------------------------------
including 157.0 161.0 4.0 16.58
-----------------------------------------------------------------
and 250.6 266.0 15.4 0.21
-----------------------------------------------------------------
MS10-49 159.0 182.5 23.5 1.98 Pag N
-----------------------------------------------------------------
including 167.0 177.3 10.3 3.32
-----------------------------------------------------------------
Brian Maher, President and CEO of Kodiak, comments: "With the drilling completed to date at Milestone, we have intercepted significant grades of gold mineralization over a strike length of almost 2,500 metres, with average widths of approximately 30 metres and have intercepted the system to a depth of at least 300 metres. The Milestone gold system is open in all directions and we believe the potential for further expansion, witnessed by these latest results, is very good."
To view the map accompanying this press release please click on the following link: http://media3.marketwire.com/docs/KXL1006.pdf
The geological information for the Milestone project has been reviewed and approved by Darren Lindsay, Kodiak's Vice President-Exploration, who is a qualified person under the definitions established by National Instrument 43-101. Kodiak QA/QC procedures are as follows: Kodiak channel samples are 5 cm wide cut perpendicular to the strike of the vein and/or shear zone from mapped alteration in the footwall continuously through the vein and/or shear zone and into mapped alteration in the hanging wall. Channels are cut with a motorized circular saw to a depth of 10 cm and removed with a hammer. Channel sample spacing is nominally every 20m along strike, dependent on outcrop size and geometry. Sample intervals are selected according to geologic contacts and visible mineralization, placed into a sample bag, and shipped to the assay lab for quantitative analysis of select elements. Kodiak drill cores are split down the center with a typical table feed circular rock saw. Sample intervals are selected according to geologic contacts, visible mineralization, and alteration, placed into sample bags and shipped to the assay lab where they are quantitatively analyzed for select elements. Drill cores are boxed, covered, and sealed at the drill rig and moved to the Kodiak logging and sample preparation facilities by Kodiak personnel. Kodiak angle core holes are directed perpendicular to the mapped dip of the vein therefore reported drill hole intercepts approximate true thickness of the vein. All Kodiak samples are currently being assayed by Activation Laboratories Ltd., Ancaster, ON L9G 4V5 and Accurassay Laboratories Inc., Thunder Bay, ON, P7B 5X5. Blank and standard samples are routinely submitted with all sample batches sent to the lab for assay. Screened metallic assays are routinely run on all anomalous gold results as a check on nugget effects. Samples are routinely sent to other labs for additional checks.
On behalf of the Board of Directors
Brian J. Maher, President and Chief Executive Officer
This release may contain forward-looking statements or statements that relate to programs that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Kodiak Exploration Limited Brian J. Maher President and Chief Executive Officer 1-604-688-9006 1-604-688-9029
(FAX) ir@kodiakexp.com
http://www.kodiakexp.com
SOURCE: Kodiak Exploration Limited
mailto:ir@kodiakexp.com
http://www.kodiakexp.com
Golden Goose Resourc (TSX:GGR)(USD)$0.42 UP $0.065 +18.31%
Bid 0.41
Ask 0.42
Volume 141,522
Days Range 0.37 - 0.42
Last Trade 9/24/2010 12:12:28 PM
Detailed GGR Stock Quote
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54447030
Golden Goose Resourc (TSX:GGR)
Great to get in at a low bargain
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54447030
Golden Goose Resourc (TSX:GGR)(USD) $0.39 UP $0.015 +4.00%
Bid 0.38
Ask 0.395
Volume 115,050
Days Range 0.38 - 0.4
Last Trade 9/16/2010 3:59:37 PM
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Great to get in at a low bargain
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54447030
Golden Goose and Kodiak Exploration Sign Binding Merger Agreement
TSX.V KXL
MONTREAL and VANCOUVER, Aug. 31 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR, "Golden Goose") and Kodiak Exploration Limited (TSX-V: KXL, "Kodiak") are pleased to announce that they have signed a binding definitive merger agreement. Golden Goose and Kodiak have agreed to proceed with a business combination by way of a corporate Arrangement pursuant to the provisions of the Companies Act of Québec. The Arrangement will effectively combine the assets of both companies on a consolidated basis, with Golden Goose Resources becoming a wholly-owned subsidiary of Kodiak.
Under the terms of the definitive merger agreement between Golden Goose and Kodiak, shareholders of Golden Goose Resources will exchange their issued common shares for new common shares and warrants of Kodiak, on the basis of 1.2 new shares of Kodiak and one quarter (0.25) of a Kodiak Share Purchase Warrant for each outstanding share of Golden Goose Resources. The Kodiak Warrant is exercisable for three years at a price of $0.45 with an acceleration clause should Kodiak shares listed on the TSX Venture Exchange trade above $0.60 for twenty consecutive trading days. Upon closing the transaction, David Watkins, currently a member of the Golden Goose Board of Directors, will join the Kodiak Board of Directors.
Using a twenty day VWOP (Volume Weighted Opening Price through August 28, 2010) of $0.20 for Golden Goose shares and $0.21 for Kodiak shares, the 1.2 exchange ratio plus the fair value of the quarter Share Purchase Warrant ($0.03) produces a premium of 40% for Golden Goose shareholders.
All convertible securities of Golden Goose will be exchanged for convertible securities of Kodiak on the same basis, adjusted accordingly to reflect the share exchange ratio. The completion of the Arrangement is subject to standard conditions precedent applicable to statutory plans of arrangement, including standard commercial conditions precedent, approval of the common shareholders of Golden Goose, deregistration of Golden Goose shares in the US, and court approval. The transaction is scheduled to close in the fourth quarter of 2010.
A special general meeting of Golden Goose shareholders will be held early in the fourth quarter of 2010 to approve the Arrangement. Golden Goose shareholders will receive an Information Circular setting out further details of the proposed transaction; the Information Circular will also be filed and made available on SEDAR (www.sedar.com).
National Bank Financial acted as financial advisor to Golden Goose on this transaction; KPMG Corporate Finance Inc. and Casimir Capital L.P. acted as financial advisors to Kodiak in connection with this transaction.
On behalf of the Boards of Directors:
Brian J. Maher
President and Chief Executive Officer, Kodiak Exploration Limited
François Perron
President and Chief Executive Officer, Golden Goose Resources, Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release may contain forward-looking statements or statements that relate to programs that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
For further information: Kodiak Exploration Limited: Brian J. Maher, President and Chief Executive Officer, Email: ir@kodiakexp.com, Website: www.kodiakexp.com, Tel.: 1-604-688-9006 begin_of_the_skype_highlighting 1-604-688-9006 end_of_the_skype_highlighting begin_of_the_skype_highlighting 1-604-688-9006 end_of_the_skype_highlighting, Fax: 1-604-688-9029; Renmark Financial Communications Inc.: Jason Roy, jroy@renmarkfinancial.com; Arash Shahi, ashahi@renmarkfinancial.com; Media - Guy Hurd, ghurd@renmarkfinancial.com, Tel.: (514) 939-3989 begin_of_the_skype_highlighting (514) 939-3989 end_of_the_skype_highlighting, (416) 644-2020 begin_of_the_skype_highlighting (416) 644-2020 end_of_the_skype_highlighting, www.renmarkfinancial.com; Golden Goose Resources Inc.: François Perron, President and Chief Executive Officer, Email: perron@goldengooseres.com, Website: www.goldengooseres.com, Tel.: 1-888-928-4667 begin_of_the_skype_highlighting 1-888-928-4667 end_of_the_skype_highlighting, Fax: 1-888-494-5371
http://cnw.ca/en/releases/archive/August2010/31/c6091.html
Golden Goose Resourc (TSX:GGR)
Last Price (USD) $0.46
Change ? 0.035 (8.24%)
Bid 0.45
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Volume 524,124
Days Range 0.415 - 0.5
Last Trade 9/8/2010 12:33:29 PM
Golden Goose Resourc (TSX:GGR)
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Change ? 0.015 (7.32%)
Bid 0.18
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Volume 10,532
Days Range 0.18 - 0.22
Last Trade 6/9/2010 3:36:03 PM
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Golden Goose Resourc (TSX:GGR)
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Change ? 0.045 (17.65%)
Bid 0.27
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Volume 124,263
Days Range 0.25 - 0.3
Last Trade 4/27/2010 1:30:19 PM
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Golden Goose Resourc (TSX:GGR)
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Change ? 0.01 (3.12%)
Bid 0.3
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Volume 19,703
Days Range 0.29 - 0.33
Last Trade 3/19/2010 1:07:15 PM
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Golden Goose Resourc (TSX:GGR)
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Change ? 0.01 (3.23%)
Bid 0.3
Ask 0.32
Volume 10,042
Days Range 0.32 - 0.32
Last Trade 3/18/2010 11:47:56 AM
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Golden Goose Resourc (TSX:GGR)
Last Price (CAD)
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Change
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Bid 0.365
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Last Trade 3:15:01 PM EST
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Golden Goose Resourc (TSX:GGR)
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Volume 87,900
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Last Trade 2:06:55 PM EDT
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Golden Goose Resourc (TSX:GGR)
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Ask 0.32
Volume 5,000
Day's Range 0.32 - 0.32
Last Trade 10:36:08 AM EDT
Golden Goose Resourc (TSX:GGR)
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$ 0.29
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Bid 0.29
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Volume 37,787
Day's Range 0.29 - 0.34
Last Trade 3:28:14 PM EDT
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Golden Goose Resources Inc. (TSX:GGR)fiat(CAD)$0.35 UP $0.03 (+9.37%
Bid 0.32
Ask 0.35
Volume 20,075
Day's Range 0.32 - 0.35
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Last Trade:15:29:25 EDT Jun-11-09
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
Last Price (CAD)
$ 0.32
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Volume 64,800
Day's Range 0.315 - 0.35
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Last Trade:15:35:52 EDT May-28-09
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
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Volume 195,300
Day's Range 0.40 - 0.47
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Last Trade:15:58:38 EDT Apr-30-09
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
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Bid 0.28
Ask -
Volume 5,000
Day's Range 0.28 - 0.28
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Last Trade:14:00:08 EST Mar-3-09
Golden Goose Resources Inc. (Tier1) (TSX:GGR)fiat(CAD)$0.21 UP 0.025 (+13.51%)
Bid 0.20
Ask 0.21
Volume 8,000
Day's Range 0.21 - 0.21
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Last Trade:15:11:55 EST Jan-20-09
btw.
a mining show in Vancouver, B.C., this weekend -
http://investorshub.advfn.com/boards/board.aspx?board_id=2205
Vancouver Resource Investment Conference
Vancouver, British Columbia, Canada
Sunday-Monday, January 25-26, 2008
http://www.cambridgeconferences.com/ch_jan2009.html
God Bless
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
Last Price (CAD)
$ 0.195
Change
◊ 0
Bid 0.185
Ask 0.24
Volume -
Day's Range - - -
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Last Trade:13:33:40 EST Jan-14-09
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
Last Price (CAD)
$ 0.18
Change
▲ 0.02 (12.50%)
Bid 0.18
Ask 0.19
Volume 750
Day's Range 0.18 - 0.18
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Last Trade:14:49:55 EST Dec-10-08
Golden Goose Resources Inc. (Tier1) (TSX:GGR)fiat(CAD) $0.145
Change
▲ 0.03 (+26.09%)
Bid 0.145
Ask 0.185
Volume 3,008
Day's Range 0.125 - 0.145
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Last Trade:16:50:15 EDT Oct-29-08
God Bless
Golden Goose Resources Inc. (Tier1) (TSX:GGR)fiat(CAD) $0.22
Change $0.03 (+15.79%)
Bid 0.165
Ask 0.22
Volume 5,500
Day's Range 0.22 - 0.22
Click for Detailed Quote Page
Last Trade:15:30:18 EDT Oct-21-08
God Bless
Golden Goose doubles its Lac Levac Land position to 200 km2 -
http://biz.yahoo.com/cnw/080903/e_goldengoos_laclevac.html?.v=1
God Bless
Golden Goose Resources Inc. (Tier1) (TSX:GGR)
Last Price (CAD)
$ 0.15
Change
▼ -0.01 (-6.25%)
Bid 0.16
Ask 0.20
Volume 37,052
Day's Range 0.14 - 0.16
Click for Detailed Quote Page
Last Trade:15:15:39 EDT Oct-17-08
God Bless
Golden Goose reports a new 43-101 resource estimate for its Magino gold property -
Thursday May 29, 1:30 pm ET
http://biz.yahoo.com/cnw/080529/e_goldengoose_manigo.html?.v=1
<< Innovexplo resource estimate targets new area, supplements previously known resource >>
MONTREAL, May 29 /CNW Telbec/ -
Golden Goose Resources Inc. -
(TSX-V: GGR - News; the "Company") is pleased to report a new resource estimate for its wholly-owned Magino Mine property, located 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa, Ontario.
The estimate complies with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Prepared by Innovexplo, an independent mining and exploration consulting firm based in Val-d'Or, Quebec, the new estimate shows an inferred resource of 3.75 million tonnes grading 5.94 g/t Au at a cut-off grade of 3 g/t Au, representing over 700,000 ounces of gold.
The resource lies in the area below the old Magino mine workings, at a depth of from 200 to 600 metres. The estimate is mainly based on drilling carried out since the beginning of 2006 that identified some 76 separate mineralized zones, all of which remain open at depth and along strike.
The estimation method used was polygons on longitudinal section for each zone, designed based on the future underground mining potential.
"We knew our drill results were excellent, but we are still extremely impressed by the size of the resource," said Jean-Marc Lacoste, President and Chief Executive Officer of Golden Goose. "These numbers clearly demonstrate the excellent potential of the property.
We will now begin work on upgrading this Inferred Resource to the Indicated category in preparation for prefeasibility."
Depending on the cut-off grade used, the new estimate shows an inferred resource below the 200-metre level as follows:
Magino Project
Innovexplo Inferred Mineral Resource
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Cut-off Grade
Grade Tonnes (Au g/t) Ounces
-------------------------------------------------------------------------
-------------------------------------------------------------------------
3 g/t 3,755,600 5.94 717,227
-------------------------------------------------------------------------
4 g/t 2,515,400 7.19 581,469
-------------------------------------------------------------------------
5 g/t 1,880,900 8.11 490,430
-------------------------------------------------------------------------
6 g/t 1,371,200 9.09 400,733
-------------------------------------------------------------------------
7 g/t 959,600 10.19 314,380
-------------------------------------------------------------------------
-------------------------------------------------------------------------
The Independent and Qualified Persons for the Mineral Resource estimates
as defined by Regulation 43-101 are Carl Pelletier, B.Sc., P.Geo. and Bruno
Turcotte, M.Sc., P.Geo. (InnovExplo Inc.), and the effective date of the
estimate is May 23, 2008.
Notes:
- Mineral Resources are not Mineral Reserves having demonstrated economic
viability.
- Results are presented undiluted and in situ. The estimate included
76 gold-bearing zones and covers the Magino project area over
840 m E-W, 400 m N-S and from elevation -200m to -600m
- The resources were compiled using a cut-off grade of 3.0 g/t Au. This
cut-off must be re-evaluated in the light of the present market
conditions: gold price, exchange rate and mining cost. A fixed density
of 2.87 g/cm3 was used. A minimum of 1.6 m true width was applied,
using the grade of the adjacent material when assayed, or a value of
zero when not assayed. High grade capping was done on the raw data and
established at 40.0 g/t Au. No drill hole compositing was done.
Resources were evaluated from drill hole results using a polygonal on
longitudinal approach.
- Calculations used metric units (meter, tonnes and g/t Au).
- The company is not aware of any known environmental, permitting, legal,
title, taxation, socio-political, marketing, or other relevant issues
that could materially affect the Mineral Resource estimates.
The new resource is in addition to a near-surface resource estimated by
Snowden Mining Industry Consultants Inc. in April 2004. Snowden estimated
measured and indicated resources of 7.3 million tons grading 2.33 g/t Au for a
total of 544,000 ounces and an inferred resource of 1.2 million tons at
2.21 g/t or 84,625 ounces. All these ounces of gold lie between surface and a
depth of 200 metres. These near-surface resources were based on a cut-off
grade of 1.24 g/t Au. Snowden's mineral resource estimate was designed for
low-grade, large-volume, open-pit potential. The estimation method used was a
block model with a block size of 7.6 m x 7.6 m x 3 m. Grade models were
estimated with multiple indicator kriging and ordinary kriging.
The Snowden and Innovexplo estimates stands as follows as at May 23, 2008:
Magino Project Resources
Innovexplo resource estimate - May 2008:
----------------------------------------
Area targeted: -200 to -600 metres
-------------------------------------------------------------------------
Category Tonnes Grade Ounces
(g/t Au)
-------------------------------------------------------------------------
Inferred 3,755,600 5.94 717,227
-------------------------------------------------------------------------
Snowden resource estimate - April 2004:
---------------------------------------
Area targeted: surface to -200
-------------------------------------------------------------------------
Category Tonnes Grade Ounces
(g/t Au)
-------------------------------------------------------------------------
Measured 6,090,000 2.33 456,209
-------------------------------------------------------------------------
Indicated 1,204,000 2.27 87,871
-------------------------------------------------------------------------
Total: Measured and Indicated 7,295,000 2.33 544,080
-------------------------------------------------------------------------
Inferred 1,191,000 2.21 84,625
-------------------------------------------------------------------------
Gilles Provost, P.Geo., a Qualified Person under NI 43-101, plans and
supervises the exploration work on the Magino property and has approved the
contents of this press release.
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, platinum
group metals, and nickel 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.
For further information
Golden Goose Resources Inc.: Jean-Marc Lacoste, President, 1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com
Renmark Financial Communications Inc.: Barry Mire: bmire@renmarkfinancial.com
James Buchanan: jbuchanan@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com
Qualified Persons under NI 43-101: Carl Pelletier, B.Sc., P.Geo., Bruno Turcotte, M.Sc., P.Geo., InnovExplo Inc., (886) 749-8140, Fax: (819) 874-0379, www.innovexplo.com
Gilles Provost, M.Sc.A., P.Geo., Golden Goose Resources Inc., (888) 928-4667, Fax: (888) 494-5471, www.goldengooseres.com
Source: GOLDEN GOOSE RESOURCES INC.
God Bless
GOLDEN GOOSE RESOURCES INC. (Ti(CDNX: GGR.V) Last Trade: $0.53
Trade Time: 3:30PM ET
Change: Up 0.03 (6.00%)
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Open: 0.48
Bid: 0.48
Ask: 0.53
1y Target Est: N/A
Day's Range: 0.48 - 0.53
52wk Range: N/A
Volume: 18,000
God Bless
GOLDEN GOOSE RESOURCES INC. (Ti(CDNX: GGR.V) Last Trade: $0.55
Trade Time: Jun 3
Change: 0.00 (0.00%)
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Open: 0.60
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God Bless
Representing over 700,000 ounces of gold. The resource lies in the area below the old Magino mine workings, at a depth of from 200 to 600 metres. The estimate is mainly based on drilling carried out since the beginning of 2006 that identified some 76 separate mineralized zones, all of which remain open at depth and along strike. The estimation method used was polygons on longitudinal section for each zone, designed based on the future underground mining potential.
http://biz.yahoo.com/cnw/080529/e_goldengoose_manigo.html?.v=1
Source: GOLDEN GOOSE RESOURCES INC.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29647043
Golden Goose reports a new 43-101 resource estimate for its Magino gold property
Thursday May 29, 1:30 pm ET -
http://biz.yahoo.com/cnw/080529/e_goldengoose_manigo.html?.v=1
<< Innovexplo resource estimate targets new area, supplements previously known resource >>
MONTREAL, May 29 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR - News; the "Company") is pleased to report a new resource estimate for its wholly-owned Magino Mine property, located 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa, Ontario. The estimate complies with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Prepared by Innovexplo, an independent mining and exploration consulting firm based in Val-d'Or, Quebec, the new estimate shows an inferred resource of 3.75 million tonnes grading 5.94 g/t Au at a cut-off grade of 3 g/t Au, representing over 700,000 ounces of gold. The resource lies in the area below the old Magino mine workings, at a depth of from 200 to 600 metres. The estimate is mainly based on drilling carried out since the beginning of 2006 that identified some 76 separate mineralized zones, all of which remain open at depth and along strike. The estimation method used was polygons on longitudinal section for each zone, designed based on the future underground mining potential.
"We knew our drill results were excellent, but we are still extremely impressed by the size of the resource," said Jean-Marc Lacoste, President and Chief Executive Officer of Golden Goose. "These numbers clearly demonstrate the excellent potential of the property. We will now begin work on upgrading this Inferred Resource to the Indicated category in preparation for prefeasibility."
Depending on the cut-off grade used, the new estimate shows an inferred resource below the 200-metre level as follows:
Magino Project
Innovexplo Inferred Mineral Resource
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Cut-off Grade
Grade Tonnes (Au g/t) Ounces
-------------------------------------------------------------------------
-------------------------------------------------------------------------
3 g/t 3,755,600 5.94 717,227
-------------------------------------------------------------------------
4 g/t 2,515,400 7.19 581,469
-------------------------------------------------------------------------
5 g/t 1,880,900 8.11 490,430
-------------------------------------------------------------------------
6 g/t 1,371,200 9.09 400,733
-------------------------------------------------------------------------
7 g/t 959,600 10.19 314,380
-------------------------------------------------------------------------
-------------------------------------------------------------------------
The Independent and Qualified Persons for the Mineral Resource estimates
as defined by Regulation 43-101 are Carl Pelletier, B.Sc., P.Geo. and Bruno
Turcotte, M.Sc., P.Geo. (InnovExplo Inc.), and the effective date of the
estimate is May 23, 2008.
Notes:
- Mineral Resources are not Mineral Reserves having demonstrated economic
viability.
- Results are presented undiluted and in situ. The estimate included
76 gold-bearing zones and covers the Magino project area over
840 m E-W, 400 m N-S and from elevation -200m to -600m
- The resources were compiled using a cut-off grade of 3.0 g/t Au. This
cut-off must be re-evaluated in the light of the present market
conditions: gold price, exchange rate and mining cost. A fixed density
of 2.87 g/cm3 was used. A minimum of 1.6 m true width was applied,
using the grade of the adjacent material when assayed, or a value of
zero when not assayed. High grade capping was done on the raw data and
established at 40.0 g/t Au. No drill hole compositing was done.
Resources were evaluated from drill hole results using a polygonal on
longitudinal approach.
- Calculations used metric units (meter, tonnes and g/t Au).
- The company is not aware of any known environmental, permitting, legal,
title, taxation, socio-political, marketing, or other relevant issues
that could materially affect the Mineral Resource estimates.
The new resource is in addition to a near-surface resource estimated by
Snowden Mining Industry Consultants Inc. in April 2004. Snowden estimated
measured and indicated resources of 7.3 million tons grading 2.33 g/t Au for a
total of 544,000 ounces and an inferred resource of 1.2 million tons at
2.21 g/t or 84,625 ounces. All these ounces of gold lie between surface and a
depth of 200 metres. These near-surface resources were based on a cut-off
grade of 1.24 g/t Au. Snowden's mineral resource estimate was designed for
low-grade, large-volume, open-pit potential. The estimation method used was a
block model with a block size of 7.6 m x 7.6 m x 3 m. Grade models were
estimated with multiple indicator kriging and ordinary kriging.
The Snowden and Innovexplo estimates stands as follows as at May 23, 2008:
Magino Project Resources
Innovexplo resource estimate - May 2008:
----------------------------------------
Area targeted: -200 to -600 metres
-------------------------------------------------------------------------
Category Tonnes Grade Ounces
(g/t Au)
-------------------------------------------------------------------------
Inferred 3,755,600 5.94 717,227
-------------------------------------------------------------------------
Snowden resource estimate - April 2004:
---------------------------------------
Area targeted: surface to -200
-------------------------------------------------------------------------
Category Tonnes Grade Ounces
(g/t Au)
-------------------------------------------------------------------------
Measured 6,090,000 2.33 456,209
-------------------------------------------------------------------------
Indicated 1,204,000 2.27 87,871
-------------------------------------------------------------------------
Total: Measured and Indicated 7,295,000 2.33 544,080
-------------------------------------------------------------------------
Inferred 1,191,000 2.21 84,625
-------------------------------------------------------------------------
Gilles Provost, P.Geo., a Qualified Person under NI 43-101, plans and
supervises the exploration work on the Magino property and has approved the
contents of this press release.
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, platinum
group metals, and nickel 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.
For further information
Golden Goose Resources Inc.: Jean-Marc Lacoste, President, 1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com
Renmark Financial Communications Inc.: Barry Mire: bmire@renmarkfinancial.com
James Buchanan: jbuchanan@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com
Qualified Persons under NI 43-101: Carl Pelletier, B.Sc., P.Geo., Bruno Turcotte, M.Sc., P.Geo., InnovExplo Inc., (886) 749-8140, Fax: (819) 874-0379, www.innovexplo.com
Gilles Provost, M.Sc.A., P.Geo., Golden Goose Resources Inc., (888) 928-4667, Fax: (888) 494-5471, www.goldengooseres.com
Source: GOLDEN GOOSE RESOURCES INC.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29647043
Golden Goose Resources Inc. (GGR:CA) $ 0.58 $0.02 (+3.57%) Volume: 19.5 k
10:53 AM EDT Apr 22, 2008
Golden Goose Resources Inc. (V.GGR) $0.46 $0.08 (+21.05%)
Volume: 47.5 k
3:47 PM EDT Mar 28, 2008
Golden Goose hits 18.5 metres of 1.22% nickel at its Lac Levac property
Tuesday January 29, 1:54 pm ET
MONTREAL, Jan. 29 /CNW Telbec/ -
Golden Goose Resources Inc. -
(TSX-V: GGR - News; the "Company") is pleased to report additional results from fall drilling at its wholly-owned -
Lac Levac nickel property -
in the James Bay area, 216 km north of Chibougamau in northern Quebec.
The latest assays are among the final results from the 7,150-metre fall program recommended in the 43-101 report
dated July 2007. Completed in December 2007,
this program primarily targeted the NISK-1 anomaly(x) and
its newly-discovered eastern extension.
"These new results are very encouraging," said Jean-Marc Lacoste, President of Golden Goose.
"Hole 25-07 returned the widest intercept seen for the zone
to date, and Hole 32-07 cut mineralization that extends
right up to surface."
"Based on the initial four holes drilled on the eastern extension, this newly-identified area appears to contain similar nickel grades to the main area, with higher and more significant platinum and palladium mineralization," he added.
The new results are as follows, with previously-reported results shown
below for reference:
(True width not yet determined)
Hole From To Length Ni Cu Co Pt Pd
No. (m) (m) (m) % % % (g/t) (g/t)
-------------------------------------------------------------------------
Main area (in-fill drilling recommended in July 2007 43-101 report)
-------------------------------------------------------------------------
25-07 227.50 246.00 18.50 1.22 0.63 0.07 0.20 1.37
-------------------------------------------------------------------------
32-07 16.50 18.20 1.70 0.74 0.25 0.04 0.24 0.12
And 23.70 25.70 2.00 1.60 1.59 0.09 0.47 0.30
-------------------------------------------------------------------------
40-07 243.50 247.00 3.50 0.70 0.21 0.04 2.64 1.59
-------------------------------------------------------------------------
41-07 121.00 133.50 12.50 0.56 0.43 0.03 0.14 0.85
-------------------------------------------------------------------------
42-07 238.00 240.50 2.50 0.76 0.32 0.05 0.17 0.49
-------------------------------------------------------------------------
19-07, 23-07 , 27-07 and 28b-07 showed minor mineralization (less than 2m
thick using a cut-off grade of 0.4% Ni) Assays for holes 16-07, 17-07 and
24-07 drilled on the main area are still pending.
-------------------------------------------------------------------------
Eastern extension (newly discovered)
-------------------------------------------------------------------------
39-07 58.50 61.00 2.50 0.77 0.38 0.04 0.20 2.67
-------------------------------------------------------------------------
43-07 239.50 243.50 4.00 1.30 0.64 0.07 0.02 0.49
-------------------------------------------------------------------------
45-07 183.10 186.10 3.00 0.81 0.81 0.05 0.30 1.27
-------------------------------------------------------------------------
47-07 153.70 161.70 8.00 1.03 0.72 0.05 0.91 3.24
-------------------------------------------------------------------------
44-07 showed minor mineralization (less than 2m thick using a cut-off
grade of 0.4% Ni) Results for holes 46-07, 48-07 to 50-07 and 52-07
drilled on the eastern extension are still pending
-------------------------------------------------------------------------
33-08 and 51-08 are to be drilled in 2008
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Previously-disclosed results:
Hole From To Length Ni Cu Co Pt Pd
No. (m) (m) (m) % % % (g/t) (g/t)
-------------------------------------------------------------------------
Fall 2007 Program
-------------------------------------------------------------------------
22-07 23.00 27.50 4.50 0.89 0.25 0.07 0.04 0.87
And 42.00 44.00 2.00 1.71 0.17 0.10 0.03 0.24
-------------------------------------------------------------------------
26-07 29.00 29.50 0.50 2.47 0.63 0.12 0.05 0.62
And 35.00 36.00 1.00 0.96 0.06 0.07 0.05 0.51
-------------------------------------------------------------------------
29-07 256.00 259.00 3.00 1.30 0.51 0.08 0.01 1.11
-------------------------------------------------------------------------
30-07 150.50 158.50 8.00 0.90 0.30 0.07 0.19 0.84
-------------------------------------------------------------------------
31-07 75.05 77.55 2.50 0.72 0.39 0.04 0.37 0.34
-------------------------------------------------------------------------
34-07 239.20 249.70 10.50 0.73 0.25 0.05 0.08 0.48
Including 239.20 244.70 5.50 1.01 0.34 0.07 0.11 0.74
-------------------------------------------------------------------------
35-07 50.65 55.65 5.00 0.85 0.50 0.05 0.09 0.80
-------------------------------------------------------------------------
36-07 134.40 137.40 3.00 0.61 0.54 0.04 0.05 0.55
-------------------------------------------------------------------------
37-07 235.50 238.50 3.00 0.77 0.40 0.05 0.27 0.67
-------------------------------------------------------------------------
38-07 34.50 35.00 0.50 0.78 0.84 0.05 0.26 0.84
-------------------------------------------------------------------------
18-07, 20-07, 21-07 showed no significant mineralization
-------------------------------------------------------------------------
Spring 2007 program
-------------------------------------------------------------------------
04-07 125.40 132.40 7.00 1.05 0.49 0.07 0.20 1.53
-------------------------------------------------------------------------
05-07 187.00 190.00 3.00 1.36 0.52 0.06 0.44 1.03
And 192.00 209.50 17.50 1.48 0.42 0.09 0.26 1.10
-------------------------------------------------------------------------
06-07 154.50 156.00 1.50 1.08 0.35 0.07 0.09 0.79
-------------------------------------------------------------------------
07-07 106.70 108.70 2.00 1.17 0.28 0.07 0.23 0.94
-------------------------------------------------------------------------
08-07 129.00 133.00 4.00 1.07 0.31 0.07 0.04 0.76
And 118.00 121.00 3.00 0.63 0.11 0.04 0.08 0.25
-------------------------------------------------------------------------
09-07 188.30 190.30 2.00 0.84 0.61 0.04 0.19 0.54
-------------------------------------------------------------------------
10-07 177.40 179.40 2.00 0.62 0.05 0.03 0.11 0.33
-------------------------------------------------------------------------
13-07 158.00 160.50 2.50 1.69 0.77 0.09 0.14 1.19
-------------------------------------------------------------------------
15-07 61.80 63.30 1.50 0.43 0.73 0.02 0.13 0.65
-------------------------------------------------------------------------
01-07, 02-07, 03-07 were drilled on the "C" anomaly and showed no
significant mineralization
11-07 and 14-07 were cancelled
12-07 showed no significant mineralization
-------------------------------------------------------------------------
Analyses were done by Accurassay Laboratories, Thunder Bay, Ontario. All
samples are tested using a full scan ICP following an Aqua-Regia
digestion. Ore grade samples are then reanalyzed by atomic absorption.
Pt and Pd are tested by Fire Assay using lead collection.
A map of the Lac Levac property showing the best drill results to date
can be found at :
http://www.goldengooseres.com/pages/en/levac_results_07
The fall drill data is being used to update the NI 43-101-compliant evaluation report and resource estimate dated July 2007, which showed the NISK-1 anomaly to contain 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.
Meanwhile, the Company plans to continue delineating and upgrading the NISK-1 resource. "The 2008 drilling program, which will total about 10,000 metres, is still being finalized and will get underway next week," confirmed Mr. Lacoste. "We have not yet tested the extension of the NISK-1 mineralization at depth, which we consider to be a very high-potential target."
The Lac Levac drilling programs are planned and supervised by Marc-Antoine Beaupré, a geological engineer and the qualified person as defined by National Instrument 43-101. He has approved the contents of this press release.
(x) Previously called the INCO anomaly. Golden Goose has decided to
assign Cree names to the Lac Levac anomalies; "nisk" means "goose" in
Cree.
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.
For further information
Golden Goose Resources Inc.:
Jean-Marc Lacoste,
1-888-928-4667,
Fax: 1-888-494-5371,
lacoste@goldengooseres.com
Qualified Person under NI 43-101:
Marc Antoine Beaupré, Ing.,
(888) 928-4667,
http://www.goldengooseres.com
Source: GOLDEN GOOSE RESOURCES INC.
http://biz.yahoo.com/cnw/080129/e_ggr_nickel_laclevac.html?.v=1
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Golden Goose hits 16.88 g/t platinum over 0.50 metres in a 3.5-metre zone at its Lac Levac property -
Thursday January 24, 3:28 pm ET
MONTREAL, Jan. 24 /CNW Telbec/ -
Golden Goose Resources Inc. -
(TSX-V: GGR - News; the "Company") is pleased to report that Hole 40-07 drilled last fall on its Lac Levac property has returned an intersection of 2.64 g/t platinum (Pt) over 3.5 metres, including 16.88 g/t of Pt over 0.5 m.
The Lac Levac property -
is wholly-owned by -
Golden Goose -
and lies in the James Bay area of northern Quebec.
Hole 40-07 was drilled on the main area of the NISK-1(x) anomaly. Detailed assay results are as follows:
Hole From To Length Ni Cu Co Pt Pd
No. (m) (m) (m) % % % (g/t) (g/t)
-------------------------------------------------------------------------
40-07 243.5 247.0 3.5 0.70 0.21 0.04 2.64 1.59
-------------------------------------------------------------------------
Including : 246.5 247.0 0.5 0.87 0.17 0.05 16.88 0.61
-------------------------------------------------------------------------
Analyses were done by Accurassay Laboratories, Thunder Bay, Ontario. All
samples are tested using a full scan ICP following an Aqua-Regia
digestion. Ore grade samples are then reanalyzed by atomic absorption.
Pt and Pd are tested by Fire Assay using lead collection.
"While up until now we have considered the Lac Levac property primarily as
a nickel play, this exceptional result is leading us to take a fresh look at
the property in terms of its platinum potential," said Jean-Marc Lacoste,
President of Golden Goose.
The Company is also analyzing the palladium (Pd) mineralization of the
eastern extension of the NISK-1 anomaly. While palladium grades in the main
section of the anomaly generally average about 0.8 g/t, results for the
eastern extension are showing an average of 2.19 g/t Pd. The best result to
date is in Hole 47-07, which returned an intersection of 3.24 g/t Pd over
8.0 metres, including a section of 3.44 g/t of Pt over 1.5 metres. Detailed
results for Hole 47-07 are as follows:
Hole From To Length Ni Cu Co Pt Pd
No. (m) (m) (m) % % % (g/t) (g/t)
-------------------------------------------------------------------------
47-07 153.70 161.70 8.00 1.03 0.72 0.05 0.91 3.24
-------------------------------------------------------------------------
Including: 159.70 161.20 1.50 1.04 1.28 0.05 3.44 5.39
-------------------------------------------------------------------------
Additional results from the fall drilling program are being compiled and
will be released in the next few days.
The Lac Levac drilling programs are planned and supervised by Marc-Antoine
Beaupré, a geological engineer and the qualified person as defined by National
Instrument 43-101. He has approved the contents of this press release.
(x) Previously called the INCO anomaly. Golden Goose has decided to
assign Cree names to the Lac Levac anomalies; "nisk" means "goose" in
Cree.
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.
For further information
Golden Goose Resources Inc.: Jean-Marc Lacoste, 1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com
Qualified Person under NI 43-101: Marc Antoine Beaupré, Ing., (888) 928-4667,
Fax: (888) 494-5471,
http://www.goldengooseres.com
Source: GOLDEN GOOSE RESOURCES INC.
http://biz.yahoo.com/cnw/080124/e_goldengoose_drill.html?.v=1
http://investorshub.advfn.com/boards/board.asp?board_id=6958
Golden Goose drills 3.5 m of 2.64 g/t Pt at Lac Levac
Golden Goose Resources Inc (C:GGR)
Shares Issued 45,420,188
Last Close 1/23/2008 $0.50
Thursday January 24 2008 - News Release
Mr. Jean-Marc Lacoste reports
GOLDEN GOOSE HITS 16.88 G/T PLATINUM OVER 0.50 METRES IN A 3.5-METRE ZONE AT ITS LAC LEVAC PROPERTY
Golden Goose Resources Inc.'s Hole 40-07, which it drilled last fall on its Lac Levac property, has returned an intersection of 2.64 grams per tonne platinum over 3.5 metres, including 16.88 g/t of Pt over 0.5 m. The Lac Levac property is wholly owned by Golden Goose and lies in the James Bay area of Northern Quebec.
Hole 40-07 was drilled on the main area of the NISK-1(*) anomaly. Detailed assay results are attached.
GGOSF — Golden Goose Resources Inc.
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God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=6958
go get em! I saw gold was over 900 today? A lot of Canadian juniors should be up
To 'The Cap'm' on 'GOLDEN GOOSE RESOURCES ' -
often it has been the high before summer -
about now - many buy RRSP's and the funds -
buying into stocks -
so its the buyers time now -
strategic bottom fishing bargains -
Imo. Tia.
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=6958
I pretty much posted about that one at the 52-wk hi didn't I?
Golden Goose Resources Inc. (V.GGR) $ 0.62 -
Volume: 9.25 k
11:01 AM EST Jan 14, 2008
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Golden Goose (V.GGR) start to fly again -
Golden Goose gives the green light to an additional 6,000
metres of drilling at its Lac Levac property in James Bay
Friday September 14, 9:08 am ET
MONTREAL, Sept. 14 /CNW Telbec/ -
Golden Goose Resources Inc.
(TSX-V: GGR - News; the "Company") is pleased to announce
it will proceed with a second program of drilling at its
wholly-owned Lac Levac nickel property in the James Bay
area of northern Quebec. Work is scheduled to commence
on October 15, 2007.
The decision to pursue drilling is based on the conclusions
of a NI 43-101-compliant evaluation report and resource
estimate dated July 2007 by RSW Inc. (Montreal, QC), who
also provided technical oversight for the project
(see press release dated July 12, 2007).
The report showed that the Lac Levac property hosts a
mineralized zone containing 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.
"We have already followed through on two other recommendations
in the report, namely building a 1.6-km access road
to facilitate future work on the Lac Levac property,
and performing microprobe analyses to assess the metal
content of the ore minerals," said Jean-Marc Lacoste,
President of Golden Goose.
"Now that we have closed on a major financing, we are ready
to start work on increasing and upgrading our resource base."
The new program consists of drilling on the mineralized
zone extensions at depth and along strike to increase
the current resource, and in-fill drilling to upgrading
the resource.
A few holes will also be drilled to test other targets on
the property.
The program consists of a total of 6,000 metres of drilling
in 20 holes, for a budget of $1,474,000.
Assuming the program results are positive, the Company then
intends to carry out a pre-feasibility study on the deposit.
Cash Investments
Golden Goose presently has cash resources of $4,400,000
with which to pursue its exploration objectives,
including $2,200,000 in funds reserved for exploration.
The Company confirms that it has no exposure to
asset-backed commercial paper in its investment portfolio.
The Company's cash and cash equivalents are primarily held
in Canadian chartered bank accounts.
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.
For further information
Golden Goose Resources Inc.:
Jean-Marc Lacoste,
1-888-928-4667,
Fax: 1-888-494-5371,
lacoste1234@yahoo.com
Qualified Person under NI 43-101:
Marc Antoine Beaupré, Eng.,
(514) 878-2621,
Fax: (514) 397-0085,
http://www.rswinc.com
Source: GOLDEN GOOSE RESOURCES INC.
http://www.goldengooseres.com/
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Golden Goose Resources Inc. releases its first Lac Levac
Property NI 43-101 resources estimate with Nickel,
Copper, Cobalt and PGM
MONTREAL, July 12 /CNW Telbec/ -
Golden Goose Resources Inc. -
(TSX Venture: GGR) is pleased to announce the release
of a first NI 43-101 resource estimate on its
Lac Levac Nickel property,
located in the James Bay region, 40 kilometres northeast
of Nemiscau, Quebec.
The estimate has Indicated resources of 516,000 tonnes (t),
and additional Inferred resources of 734,000 t,
both grading 0.89% Ni.
The resources estimate is as follows:
Resources Tonnes (t) %Ni %Cu %Co Pt(g/t) Pd(g/t)
Category
-------------------------------------------------------------------------
Indicated 516,000 0.89 0.39 0.058 0.14 0.79
-------------------------------------------------------------------------
Inferred 734,000 0.87 0.34 0.060 0.14 0.77
-------------------------------------------------------------------------
-------------------------------------------------------------------------
(The cut-off grade used was 0.40%Ni for the estimate)
Jean-Marc Lacoste, President, said,
"We are excited by these results and
resource estimate,
which demonstrate the potential to increase the economics
of this property.
The mineralized zone is opened at depth under 200 meters
and toward the East with multiple targets still unexplored.
We are confident that we can increase the resources of
the project with additional drilling."
The Lac Levac mineralized zone is part of a 4 km long
by 300 m wide geophysical magnetic anomaly.
The sulphide mineralization is associated with a
serpentinized peridotite.
The sulphides occur as massive, semi-massive
(between 20 and 60% sulphides) and disseminated
(less than 20% sulphides) mineralization.
The main sulphides are pyrrhotite, chalcopyrite, pyrite
and pentlandite.
This mineralization was encountered by drilling for a
distance of 450 m inside the ultramafic body.
The zone of sulphide mineralization remains
open at depth and along strike.
The holes drilled intercepted the mineralized zone
between 60 m and 210 m in depth.
The Nickel-Copper-PGM mineralization -
is oriented 070N with a steep dip to the North West.
The estimate is based on the 2007 Winter drill program
and the validation of previous drill holes realized by
Inco (1960's) and Muscocho (1988).
The indicated and inferred resource was calculated by
the section method.
The mineralization is presumed to be continuous along
the main alignment (N070).
For the purpose of the NI 43-101 report, 22 drill hole
results, located on 10 adjoining sections,
were used to make the resource estimation.
The NI 43-101 compliant report and resource -
estimate were done by RSW Inc.
(Montreal, QC) who also provided technical oversight
for the project.
The report will be filed on Sedar by the end of July.
Given the positive results of the winter 2007 drilling
program, additional work is recommended by RSW Inc. on
the Lac Levac property.
The goals of the next drilling program will be:
- To upgrade the indicated and inferred resources
to the measured category by tightening the drill grid.
- To increase the resource by drilling additional
and deeper holes.
- To explore other targets on the property.
A new exploration program with a budget of $1,474,000
is recommended to achieve these goals.
The construction of a road to the Lac Levac property
was just completed to facilitate access for the
additional drilling campaigns.
Pictures are now available on the website at:
http://www.goldengooseres.com
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.
Source: Canada NewsWire (July 12, 2007 - 2:03 PM EDT)
News by QuoteMedia
www.quotemedia.com
http://biz.yahoo.com/cnw/070712/e_ggr_resourceestimat.html?.v=1
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Options granted:
Golden Goose Resources (GGR) has the following new filing(s) recently:
BOUCHARD, MICHEL
4 - Director of Issuer
Acquired 70,000 Options (direct ownership) through granting of options at a price of 0.99 on June 5, 2007 (holdings change 23%).
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GOLDEN GOOSE RESOURCES -
Magino Mine Site -
GOLDEN GOOSE RESOURCES INC. -
is a Canadian public company listed on the TSX Venture
Exchange.
The Company is principally engaged in the acquisition,
exploration, and development of gold properties.
The Company's principal property is -
The Magino Gold mine property -
The Company owes its strong potential to the quality of
its team and of its principal property -
The strengthening price of gold over the past year,
to the U.S.$420 level, has greatly improved the climate in
the gold mining industry and has renewed hope for a number
of former producers, such as ourselves.
The Magino Area is again active, which bodes well for
the future development of more mining activity and may spur
on the trend, of area consolidations.
Significant investment decisions have been made in the area
to restart production, which has lead to a sharp increase
in activity in the immediate proximity of
The Magino Gold mine Property.
The Company has taken steps to strategically position itself
to participate in the developments in the area.
www.ivarkreuger.com/metalcharts.htm
Jean-Marc Lacoste (President) and Gilles Provost (Chief Geologist) reviewing drawings in site office
http://www.goldengooseres.com/site/magino.html
http://www.goldengooseres.com/
Business Description:
The Company is engaged in the acquisition, exploration
and development of resource properties and at present owns -
The Magino gold mine -
Address:
1 Place Ville Marie1, Suite #2821,
Montreal, QC, CN H3B 4R4
Telephone:
(514) 876-7890
Website:
www.goldengooseres.com
Facsimile:
(705) 454-3043
Email:
jmacklem@sympatico.ca
1988-1992 | 105,543 ounces produced |
1994 | Creation of Golden Goose Resources |
1997 | 46 surface drill holes (0-200 m) |
2004 | Resources: 500,000 ounces at surface Snowden Report filed on SEDAR April 6, 2004 |
2005 | Financing: $1.9 million |
2006 | 15 deep drlll holes (200-400 m) |
2007 | Current ongoing 14,000 infill drill program |
2008 | Published NI 43-101 resource of 717,227 inferred ounces |
2009 | Published NI 43-101 increasing resource 453,000 Measured and Indicated and 1.1 million ounces inferred |
History often repeat itself -
GOLDEN GOOSE RESOURCES INC
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Golden Goose Resources Inc GGOSF
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GGOSF.PK GOLDEN GOOSE RESOURC
GOLDEN GOOSE RESOURC (GGOSF.PK)
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GGO.BE GOLDEN GOOSE Berlin
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GGO.F GOLDEN GOOSE Frankfurt
http://finance.yahoo.com/q?s=GGO.F
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tell us your opinion and
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Imo. Tia.
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More info about Gold & Silver Poducers -
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Precious Metals Spot Price's -
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A good presentation of market is explaned -
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Second wave LT trend started - of the 5-wave Elliott pattern -
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