Golden Goose Resources Acquires High-Grade Gold-Silver Project in Argentina

By Burstable Mining Team

TL;DR

Golden Goose Resources acquires the Gran Esperanza Project, gaining a strategic advantage with high-grade gold-silver potential in a proven mining district near major operators.

Golden Goose will earn up to 100% ownership through staged cash payments and exploration expenditures totaling $4.49 million, with drill-ready targets on 44,400 hectares.

This acquisition supports economic development in Argentina's Río Negro Province through responsible mining that could create jobs and infrastructure in the local community.

Historical sampling at Gran Esperanza revealed veins with grades up to 24.0 g/t gold, highlighting the project's exciting high-grade precious metal potential from surface.

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Golden Goose Resources Acquires High-Grade Gold-Silver Project in Argentina

Golden Goose Resources Ltd. has entered into a Definitive Agreement with Valcheta Exploraciones S.A.S. to acquire up to a 100% interest in the Gran Esperanza Project, a high-grade epithermal gold-silver property located in Río Negro Province, Argentina. The agreement reinforces the company's strategy of securing district-scale precious metal assets in proven mining jurisdictions. The project covers approximately 44,400 hectares of year-round accessible terrain in the Los Menucos District within the North Patagonian Massif, a region known for its high-grade precious metal potential. The property benefits from excellent infrastructure, being situated approximately two kilometres from a paved highway with gentle topography and numerous secondary roads. The area is surrounded by major operators, including Southern Copper, and is located near the Calcatreu Project which is currently under development according to information available at https://www.newmediawire.com.

Historical exploration at Gran Esperanza has mapped approximately 10 kilometres of low-sulfidation epithermal gold vein exposures, with veins averaging approximately 1-5 metres in width. Previous work includes 30 trenches exposing 2,937 metres of epithermal veins and collection of 690 continuous channel samples. Historical surface sampling highlights include channel samples grading 2.0 metres at 24.0 g/t Au and 5.0 metres at 13.1 g/t Au, though readers are cautioned that the Qualified Person has not completed sufficient work to verify this historical information. During a December 2025 site visit as part of due diligence, Golden Goose collected four rock-chip samples from exposed mineralized veins, with three samples returning gold values above 2.0 g/t Au, including one grading 14.34 g/t Au. This preliminary confirmation of high-grade potential in the mineralized system was encouraging to company management.

Under the agreement terms, Golden Goose may earn up to a 100% interest through staged options consisting of cash payments totaling US$1,889,500 and exploration expenditures of US$2,599,000. The project is subject to a 1.0% net smelter return royalty, of which Golden Goose has the right to purchase 0.5% for US$1.0 million. The company retains flexibility to accelerate option payments or exploration expenditures at its discretion. Upon exercising the First Option, Golden Goose and Valcheta will form a joint venture with Golden Goose acting as operator and holding a 51% interest. The company may elect to proceed directly to a 90% ownership position by exercising the Second Option, and upon exercising the Third Option, Golden Goose will hold a 100% undivided interest in the project.

Dustin Nanos, CEO of Golden Goose Resources, commented that 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. The information collected to date positions Gran Esperanza as a compelling, drill-ready exploration project with potential to rapidly deliver high-impact results. The technical content of the announcement has been reviewed and approved by Marie-Pier Boivin, P.Geo, Senior Geologist at Dahrouge Geological Consulting Ltd., a consultant of the company, and a Qualified Person pursuant to National Instrument 43-101. During the site visit, samples were sent to ASI Laboratories in Mendoza, Argentina, for analysis using fire assay with atomic absorption finish on 50 grams of material.

Curated from NewMediaWire

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Burstable Mining Team

Burstable Mining Team

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