As Golden Goose Resources (GGR-V, GOOSF-O) gets its 2008 drill season under way at the Lac Levac nickel project in Quebec, the company is collecting the final assays from a 7,150-metre program completed in fall 2007.
The focus of last year’s drilling was the NISK-1 anomaly at Lac Levak, in the James Bay region. Golden Goose plans to drill 10,000 more metres there this year to upgrade the current resource.
From the latest results, Hole 25- 07 in the Main area returned an 18.5-metre intersection grading 1.22% nickel, 0.63% copper, 0.07% cobalt, 0.2 gram platinum per tonne and 1.37 grams palladium.
Hole 47-07, from the newly discovered eastern extension, returned an 8-metre intersection grading 1.03% nickel, 0.72% copper, 0.05% cobalt, 0.91 gram platinum and 3.24 grams palladium.
These are similar to results that Golden Goose has already released for the Lac Levac property.
In the fall, the company announced a 10.5-metre intersection in hole 34-07 that assayed 0.73% nickel, 0.25% copper, 0.05% cobalt, 0.08 gram platinum and 0.48 gram palladium — including 5.5 metres of 1.01% nickel, 0.34% copper, 0.07% cobalt, 0.11 gram platinum and 0.74 gram palladium.
Drill results from the fall will be used to update the National Instrument 43-101 resource that came out in July 2007, which put indicated resources at 516,000 tonnes grading 0.89% nickel, 0.39% copper, 0.06% cobalt, 0.14 gram platinum and 0.79 gram palladium.
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