Golden Goose Resources Inc

High-Potential Properties

Golden Goose Resources Inc Profile

Golden Goose Resources Inc. is a Canadian junior exploration company engaged in the acquisition, exploration, and development of resource properties. Currently, two properties are in active exploration: Magino (gold) in Northern Ontario and Lac Levac (nickel-copper-PGM) in Quebec.

Six other properties indicate strong gold (five mines) prospects and nickel (one mine) prospects, all at various stages of exploration.

The strengthening price of gold over the past year, to the $600+ US level, has greatly improved the climate in the gold mining industry and has renewed hope for a number of former producers, including Golden Goose. 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. Key investment decisions have been made in the area to restart production, which has led to a sharp increase in the activity in the immediate proximity of the Magino Property. The Company has laid the groundwork and followed steps to secure a strong position to participate in development in this market.

Last changed at 06-Sep-2010 04:40PM by Ahlan