Golden Goose reports high-grade gold sampling results from Gran Esperanza Project, Argentina – Richard Mills

2026.06.13

Golden Goose Resources (CSE:GGR) has reported assay results from its first channel sampling program at the Gran Esperanza Project located in Rio Negro province, Argentina.

Phase 1 exploration at the optioned property began in March.

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

Approximately 23.6 kilometres of vein structures with observed mineralization were mapped and sampled.

A total of 324 channel samples from 264 channels were cut with a saw machine along continuous sections perpendicular to the mapped veins.

Golden Goose identifies 23.6 km of vein structures at Gran Esperanza Project, Argentina — Richard Mills

Channel assay highlights:

•  0.70m grading 8.84 g/t Au from the Bonanza Vein (Channel LE_CH26_011)

• 1.14m grading 3.99 g/t Au from the Chapita Vein (Channel LE_CH26_019)

• 0.72m grading 4.19 g/t Au from the Genaro target (Channel LE_CH26_246)

• 0.70m grading 2.40 g/t Au from the Felisa target (Channel LE_CH26_071)

• 0.64m grading 2.49 g/t Au and 49.6 g/t Ag from Chapita West (Channel LE_CH26_024)

(True widths of mineralized zones and veins described in channel cuts and mapping have not yet been confirmed.)

The 2026 exploration campaign focused on geological mapping of the entire property, detailed geological and structural mapping, and systematic channel sampling. The program successfully confirmed multiple gold-bearing structures, expanded the known mineralized footprint, and identified several new exploration targets. The Bonanza, Dorada and Chapita structures returned the most significant gold grades and represent the highest-priority exploration corridor identified by the current program (Table 1).

“The results from our inaugural channel sampling program at Gran Esperanza are highly encouraging and have met — and in several instances exceeded — our geological objectives for this phase of work. High-grade gold mineralization has been confirmed at surface across multiple parallel structures, and new target areas have been identified in both the western and eastern sectors of the property, meaningfully expanding the known mineralized footprint,” said Dustin Nanos, Golden Goose’s CEO, in the June 9 news release.

“The consistency and distribution of results across the property is compelling and has strengthened our confidence in the scale and continuity of this gold system. With a strong technical foundation now in place, we are excited to advance Gran Esperanza toward its next phase of exploration. We look forward to launching a maiden drill program to test mineralization at depth and along strike — results we believe will be critical to defining the depth and lateral extent of a gold system that continues to demonstrate encouraging scale and continuity.”

Detailed mapping and channel sampling results

The western sector of the property hosts the principal mineralized vein systems identified to date (Figure 1). Outcropping veins are composed of multiple segments associated with granitic intrusive rocks and regional shear zones, forming en-echelon and sigmoid vein geometries with an average apparent thickness of 0.5 meters, locally reaching up to six meters wide.

Quartz veins commonly display comb, drusy, breccia, and minor banded and cockade textures with preserved sulfides as pyrite, chalcopyrite and minor galena-sphalerite. Several targets also exhibit stockwork-style veining surrounding the main structures. Field observations support the potential for at least three hydrothermal pulses, distinguished with minimal alteration halos developed around the veins, and showing pervasive silicification and an argillic alteration composed of illite and sericite.

Geochemical analysis of samples taken from the surface channels indicates that the highest gold-equivalent (>1 g/t AuEq.) intercepts are concentrated within the Bonanza Main Target area (Figure 2, Table 1), specifically hosted by the following E-W subparallel segmented vein systems: Bonanza Norte, Bonanza, the Felisa Norte-Dorada-Chapita-Chapita W vein system, and the Felisa-Laguna southern veins.

These veins show a main structure surrounded by a stockwork or halo of veinlets and are related to strong structural control where regional ENE-WSW faults crosscut with local NW-SE faults, but also with regional NNW-SSE inferred faults.

High-grade (>1.0 g/t AuEq) anomalous channel sample results were also returned from the Genaro and Camino vein systems (Table 1). The Genaro Vein comprises an E-W trending quartz vein located north of the Bonanza Main Zone, while the Camino Vein corresponds to a WNW-ESE trending structure situated south of the Bonanza Main Zone, suggesting potential continuity and extension of the parallel E-W vein corridor.

In addition, 11 channel samples returned values ranging between 0.5 and 1.0 g/t AuEq, the majority of which are spatially associated with the Bonanza Main Zone.

Mineralization across the vein system is characterized by generally low silver, arsenic, antimony, and base metal contents, indicating a predominantly gold-dominant system.

The Nadia Vein, located in the western sector of the property, exhibits a distinct polymetallic Pb-Ag-Zn geochemical signature, returning a 0.53m channel sample grading 67.9 g/t Ag, 0.47% Pb, and 0.16% Zn, with no significant gold values (Channel LE_CH26_203). Separately, the highest copper value identified during the program was 0.18% Cu over 0.50m from channel sampling at the Montiel Vein.

Rock chip sampling results

In addition to the systematic channel sampling program, the exploration team collected 12 rock chip samples from newly identified vein systems and target areas across the property.

Regional geological mapping led to the discovery of multiple previously unrecognized quartz vein systems in the eastern sector of the project area, a zone with no known historical exploration. These newly identified veins are characterized by comb-textured quartz and appear to be structurally associated with granite foliation and regional shear zones. A total of nine rock chip samples collected from these eastern vein systems returned low-level gold and silver values.

An additional three rock chip samples were collected from newly identified veins in the western sector of the property. One sample returned a significant gold anomaly of 2.65 g/t Au from a 0.30m-wide quartz vein located between the Bonanza Norte and Genaro vein systems.

Gran Esperanza Project

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.

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.

“The Project stands out due to its favorable structural and geological setting, confirmation of numerous surface-exposed vein networks, excellent historical reported grades, and outstanding site access. During a site visit in December, our team visited confirmed gold-mineralized veins on the property. Despite being preliminary, these results and observed vein density are very encouraging. The information collected to date positions Gran Esperanza as a compelling, drill-ready exploration project with the potential to rapidly deliver high-impact results,” Nanos said when the option agreement was signed in January.

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

Conclusion

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

A huge takeaway from the recent program is the expanding footprint: high-grade gold has been confirmed at surface across multiple parallel structures, with new targets emerging on both the western and eastern parts of the property.

This is still an early-stage exploration story, but we believe it’s clearly advancing towards drilling. Golden Goose said the latest work increased confidence in the scale and continuity of the system and is helping shape a maiden drill program to test mineralization at depth and along strike.

Golden Goose Resources
CSE:GGR
2026.06.11 Share Price: Cdn$0.24
Shares Outstanding: 63.6m
Market Cap: Cdn$15.5m
GGR website

Richard (Rick) Mills
aheadoftheherd.com

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Richard owns 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.