Mr. Jason Roy reports

GOLDEN GOOSE RESOURCES INC. REPORTS ITS 2010 SECOND QUARTER RESULTS

Golden Goose Resources Inc. has released its unaudited interim financial statements for the three-month period and six-month period ended June 30, 2010, with comparative figures for 2009.

2010 second-quarter operating results

For the three-month period ended June 30, 2010, the company reported a net income of $158,362 (nil per share), compared with a net loss of $421,040 (loss of one cent per share) for the same period of 2009. An unrealized gain on held for-trading financial instruments in the amount of $477,353, coming from financial instruments received as consideration for the sale of Lac Levac property, and a gain of $20,393 realized on the sale of marketable securities were accounted for during the period. Also during the period, general and administrative expenses were reduced from $380,218 to $312,355 this quarter as a result of lower administrative salaries. Interest income increased from $7,786 to $36,580 due to the 8-per-cent convertible debenture received as part of the consideration for Lac Levac.

For the six-month period ended June 30, 2010, the company reported a net income of $124,325 (nil per share), compared with a net loss of $616,600 (loss of one cent) for the same period in 2009. The net income realized during the six-month period of this year is attributable to a gain of $187,909 on the sale of Lac Levac property on Jan. 15, 2010, to an unrealized gain on held for-trading financial instruments in the amount of $318,878 coming from financial instruments received as consideration for the sale of Lac Levac property and a realized gain of $20,393 on the sale of marketable securities. Also during the six-month period, Golden Goose recorded an income tax recovery of $237,906 as a result of the reversal of valuation allowance mainly due to the renunciations in favour of the investors by the company to tax deductions totalling $1,178,600, which was raised through the issuance of flow-through shares in 2009.

Additional information in regard to the first quarter ended June 30, 2010

The financial information in regard to the three-month and six-month periods ended June 30, 2010, should be read in conjunction with the company's unaudited interim financial statements and management and discussion analysis dated Aug. 26, 2010. These documents are available at the website of SEDAR.