Golden Goose drills 17.5 m of 1.48% Ni at Lac Levac
2007-05-17 16:05 ET - News Release
Mr. Jean-Marc Lacoste reports
GOLDEN GOOSE RESOURCES ANNOUNCES NEW NICKEL DRILLING RESULTS ON ITS LAC LEVAC PROPERTY
Golden Goose Resources Inc. has completed a 2,500-metre drilling program on its Lac Levac property, located in the James Bay region, 40 kilometres northeast of Nemiscau, Que.
In total, 10 holes were drilled, covering a distance of approximately 450 metres on a four-kilometre-long east-west geophysical anomaly. Several significant nickel intersections were encountered. The most significant intersection was 17.5 metres at 1.48 per cent nickel and 0.42 per cent copper in hole TF-05-07. The best new results include 1.69 per cent nickel and 0.77 per cent copper (Cu) over 2.5 metres and suggest continuity of the mineralization. The interval widths given are the core lengths. The true widths of mineralized intervals have not yet been determined.
The mineralized zones are composed of massive to disseminated sulphide in an ultramafic rock identified as serpentinite and peridotite units with spinifex horizon. Sulphide mineralization with significant nickel content is open on the east side and at depth.
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