Golden Goose completes Phase 2 exploration at Goldfire, in Quebec’s  Urban Barry Greenstone Belt – Richard Mills

2025.12.09

Golden Goose Resources (CSE:GGR) has completed the second phase of its exploration program at Goldfire, a 4,680-hectare property in the Urban Barry Greenstone Belt of Quebec, Canada.

The project is located adjacent to Gold Fields’ (NYSE:GFI) Windfall property, which hosts a 4.1-million-ounce high-grade gold mine that is nearing completion.

In September GGR completed a first-phase exploration program at  Goldfire consisting of mapping and grab and channel samples.

Phase 2 consisted of mapping and sampling, including grab and channels. 

Highlights of the program:

• The southern and northern parts of the property contain substantial alteration systems;
  Alteration appears to be associated with different ages and orientation of structures, fractures, stockwork and breccia;
  
• Sulfides recognized in these areas are pyrite, pyrrhotite and chalcopyrite, up to semi-massive locally. Additionally, quartz-carbonate-sulfide veins and veinlets were mapped;
  
• Several areas mapped and sampled have sulfides hosted in pyroxenites (ultramafic rocks) and felsic intrusions in contact with mafic, intermediate and felsic volcanics, including pyroclastic rocks;
  
• During this phase 170 samples were collected and sent to the laboratory for geochemical analysis;
  
• With the completion of the first and second phases a majority of the property has been covered from a reconnaissance perspective.  

“As the CEO of Golden Goose Resources, I am pleased to announce the successful completion of our second phase of exploration at the Goldfire property in the Windfall area of Quebec,” chief executive Dustin Nanos said in the Dec. 5 news release. “Our dedicated team has undertaken extensive mapping and sampling activities, which have revealed significant alteration systems with sulphides in pyroxenites and felsic intrusions. The collection of 170 samples for geochemical analysis marks a crucial step forward in our exploration efforts. These promising findings align with established mineralization trends and provide a solid foundation for our future exploration plans, reinforcing our commitment to unlocking the full potential of the Goldfire property.

“Our initial work at Goldfire has validated key structural and alteration features that align with known mineralization trends in the Windfall camp. These early findings strengthen our confidence in the Property’s potential and set the stage for the next phase of systematic exploration”.

Goldfire property

Golden Goose Resources has successfully acquired one of the best strategic land positions in Quebec.

Golden Goose has the right to acquire 100% of the Goldfire property, a large property in the Urban Barry Greenstone Belt within the world-class Abitibi Greenstone Belt.

To the east of Goldfire is the 4.1-million-ounce Windfall mine owned by Gold Fields. To the west of its claims is a 510,000-ounce gold resource also owned by Gold Fields.

According to the company, the geology is the same as what’s at Windfall.

“We’ve got the all-important cross cutting structures. In the Abitibi, you can’t really have a decent shot at gold mineralization without having the structures to act as a trap for the gold,” said Director Ken Booth, adding, “We’re actually quite happy with what we’ve seen so far with respect to the deformation and the structure. It’s early, but we’re seeing structure and we’re seeing the right geology.”

Under the Spotlight – Dustin Nanos, CEO, Golden Goose Resources

Another confidence builder: The geologist in the field running Golden Goose’s program at Goldfire used to work for Osisko Mining, and he also has experience on the Windfall property adjacent to Goldfire.

The share structure of Golden Goose is also very tight; there is an explanation on that in the above linked-to interview.

In the interview, Nanos told me the goal for 2026 is to prioritize some drill targets based on the work done in 2025. Booth said they should have a couple of areas to drill by late summer.

“We’ve got lots of work to do to make sure we understand exactly what’s going on with the structures, but also the geology. So that when we pick those targets, we give ourselves a good shot,” he said.

Meanwhile, Golden Goose continues to work its optioned La Esperanza property in Argentina, which features 10 kilometers of surface gold veins in an area recently opened up to mining.

Golden Goose Resources
CSE:GGR
2025.12.08 Share Price: Cdn$0.165
Shares Outstanding: 50.7m
Market Cap: Cdn$9.3m
GGR website

Richard (Rick) Mills
aheadoftheherd.com

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Richard does not own shares of Golden Goose Resources (CSE:GGR). GGR is a paid advertiser on his site aheadoftheherd.com This article is issued on behalf of GGR