TSX: GGR.V 1-888-9-AU-GOOSE
Tuesday, January 6, 2009

Magino Mine

Latest Info

-See the best results from Magino on a map

Photos from November 16th, 2007

Magino Mine

Drill for the 14,000m program

Magino Mine

Ramp access to Magino Mine

Magino Mine

Core shack

Magino Mine

Interior of Magino Mine

Magino Mine

Main access to the underground of Magino

Other Pictures

See photos from July 2007

See photos from March 1st, 2007

Location

40 km northeast of Wawa, Ontario

Metals

Gold

Current Program:

  • 14,000 m drilling program underway
  • Earlier in 2006: 6,700 m, comprised of 15 holes, 200 to 400 m aiming at the zone
  • Short term investment: $1.4 M
Magino Mine

Program Objective:

Measure additional 500,000 ounces with a 43-101 report

Results:

-High-grade gold in depth
-Last results include:

  • 20 m @ 8.61 g/t Hole-05
  • 16.13 m @ 19.80 g/t Hole-06t
  • 2 m @ 71.15 g/t Hole-15

-Open at depth (along strike)
-500,000 ounces of gold (0.075 ounce/t) at surface (43-101)
-Drilling results: starting Q1 2007

History

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

Financing:

$1,2 Million flow-through financing at $0.80 cents September 2007