Golden Goose embarks on mapping and channel sampling program at Gran Esperanza Project, Argentina – Richard Mills

2026.03.06

Golden Goose Resources (CSE:GGR) has commenced systematic geological mapping and channel sampling at its Gran Esperanza Project property located in Río Negro Province, Argentina.

Valcheta Exploraciones S.A.S. optioned the epithermal gold-silver project to Golden Goose in January.

Golden Goose to acquire Gran Esperanza Project in Argentina — Richard Mills

Under the option agreement, Golden Goose would acquire 100% of Gran Esperanza through a series of cash payments and exploration expenditures totaling USD$4.448 million. 

The project is subject to a 1% net smelter return (NSR) royalty, of which Golden Goose has the right to purchase 0.5% for $1 million.

The mapping and channel sampling program represents the first phase of a comprehensive field campaign designed to better define the epithermal vein system and refine priority exploration targets across the property.

According to the company, work will include property-wide geological mapping, detailed structural mapping within key mineralized corridors, and systematic channel sampling across exposed quartz veins and associated alteration zones. Geological crews will characterize lithological units, alteration assemblages, vein orientations and structural controls on mineralization. Channel samples are being collected at approximately 50-meter intervals along veins to assess grade distribution and strike continuity. The data generated from the program will help to refine GGR’s geological model and to identify high-priority targets for potential diamond drilling.

“We are pleased to initiate this important phase of exploration at Gran Esperanza,” said CEO Dustin Nanos in the March 2 news release.  “This systematic program is designed to generate critical geological and geochemical data that will enhance our understanding of the scale and continuity of mineralization on the Property. Our objective is to methodically advance the Project and establish a strong technical foundation for additional programs including diamond drilling.”

Historically reported results include channel samples of: 

• 2.0 meters at 24.0 g/t Au 
• 5.0 meters at 13.1 g/t Au 
• 1.3 meters at 11.5 g/t Au 
• 3.0 meters at 4.4 g/t Au 
• 0.2 meters at 99.0 g/t Ag and 2.8% Cu 
• 1.2 meters at 129.0 g/t Ag and 3.5% Cu 
• 0.3 meters s at 52.0 g/t Ag 

Rock chip samples graded up to 24.4 g/t Au.

Gran Esperanza Project

During a site visit in December, the company collected four rock-chip samples from exposed veins. Three chip samples returned gold values above 2 g/t Au, including one sample grading 14.34 g/t Au, providing confirmation of the high-grade potential in the mineralized system.

Among the project highlights are about 44,400 hectares of year-round accessible terrain in the Los Menucos District, North Patagonian Massif, a region known for its high-grade precious metal potential.

The property is surrounded by major operators including Southern Copper (NYSE:SCCO) and Patagonia Gold (TSXV:PGDC). SCCO is drilling a gold project and PGDC is developing its Calcatreu Project.

There are 10 km of historically mapped, low-sulfidation epithermal gold vein exposures, with veins widths averaging about 1.5 meters, and strike lengths ranging from 50 to 2,500m. 

Thirty trenches have been excavated exposing 2,937m of epithermal veins; 690 channel samples were collected, with reported grades up to 2m at 24 g/t Au, demonstrating high-grade potential from surface.

In total there are 1,674 rock samples, including grab, chip, channels and float. The veins are characterized by drusy quartz, banding, crustiform and carbonate replacement. The rock chip samples feature grades up to 24.4 g/t Au. 

Gran Esperanza contains several drill-ready targets in what Golden Goose says is an extremely attractive precious metal district. 

The project also benefits from excellent infrastructure – situated approximately 2 kilometers from a paved highway, with gentle topography and numerous secondary roads across the property.  

Conclusion

Favorable structural controls and extensive vein exposures make Gran Esperanza a compelling drill-ready exploration target. 

In addition to Gran Esperanza, Golden Goose continues to work its optioned La Esperanza property in Argentina, which features 10 kilometers of surface gold veins in Río Negro Province, which recently approved its first gold mine. 

Golden Goose has also 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 (NYSE:GFI). 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.

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

Golden Goose Resources is building value — Richard Mills

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

Golden Goose Resources
CSE:GGR
2026.03.02 Share Price: Cdn$0.25
Shares Outstanding: 50.7m
Market Cap: Cdn$15.9m
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