SOURCE: Golden Chief Resources, Inc.

November 29, 2006 12:04 ET

Golden Chief Announces the Drilling of Five Wells

LEWISVILLE, TX -- (MARKET WIRE) -- November 29, 2006 -- Golden Chief Resources, Inc. (PINKSHEETS: GCHR) (OTCBB: GCHR) was informed by the operator that they have completed the drilling of five wells on the Ownbey Lease located in Chautauqua County, Kansas. Production casing was set in each well, and all five wells encountered the target productive zone, being the Weiser sand formation. Completion operations are expected to begin within the next two weeks, weather permitting.

Contact Information

    Golden Chief Resources, Inc.
    Mike McIlvain