GOLDEN GOOSE RESOURCES INC.
TSX VENTURE : GGR

GOLDEN GOOSE RESOURCES INC.

May 30, 2006 15:59 ET

Golden Goose Resources Inc. Announces Election of Directors

MONTREAL, QUEBEC--(CCNMatthews - May 30, 2006) - (TSX VENTURE:GGR). The Company is pleased to announce that six directors were elected at its annual meeting of shareholders held today.

John Macklem, Jean-Marc Lacoste and David Watkins have been re-elected to the Board of directors. In addition, Carlos Pavao, Michel Bouchard and Kerry Knoll have also been elected to the Board.

Carlos Pavao is a Toronto and European based private investor and financier with over 20 years experience in finances.

Michel Bouchard has been involved in the exploration, development and production fields of the mining sector for the last 25 years. He was a director of several public companies in the mining sector. He has a BSc and MSc in Geology and an MBA. He is credited for its contribution of the Bouchard-Hebert Mine discovery in north western Quebec. He was a Senior Executive for Aiquebelle Resources, Audrey Resources, Lyon Lake Mines, SOQUEM, and McWatters Mines.

Kerry Knoll is Chairman of Glencairn Gold Corp. He was President of Glencairn from its incorporation in 1987 until May 2006. He was also the co-founder of Wheaton River Minerals Ltd., a company founded by Glencairn, and stayed with that company for 11 years in various capacities, including President. Other accomplishments during his career include terms as the Editor of both The Northern Miner Magazine and the Canadian Mining Journal.

The shareholders have also renewed the mandate of PriceWaterhouseCoopers LLP as auditors of the Company. The Board of directors has also appointed John Macklem as interim President and CEO and as Vice President Finance and CFO. Benoit Morel was re-appointed as Corporate Secretary.

The Board of directors also announces that is has granted 450,000 stock options pursuant to the Company's stock option plan to three new directors at a price of $0.60 per share. These options will expire on May 29, 2011.

Finally, the Board of directors announces that it has entered into a consulting arrangement with Terence Ortslan of TSO & Associates. Mr Ortslan has a well recognized expertise in the mining sector and will be providing advisory services to the Company. Mr. Ortslan has served as director of the Company.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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