MISSOULA, MT, Sept. 13 /PRNewswire-FirstCall/ - Golden Opportunity Resources, Inc., (OTC Pink: GDNO) a Nevada Corporation.
President William S. Morton is pleased to report that Golden Opportunity has acquired three more leaseholds in Musselshell County, Montana from joint venture partner Big Snowy Resources. This brings the total number of leases in the area to eleven. The new leaseholds entitle Golden Opportunity to a 50% interest in the holes for one hundred thousand dollars spent per hole. The new leases are located in section 15 and the southern half of section ten.

President Morton is also pleased to announce that drilling is progressing in the first well in the Black Tiger prospect. The hole is currently down to 580 feet and is on its way to target depth of 3000 feet. The drill rig is currently drilling at a pace of 130-180 feet per day.

The Black Tiger project is located within the south central portion of the Central Montana Uplift, approximately 60 miles north of Billings in T10N, R25E of Musselshell County, Montana. Structurally, the field lies on the southeastern plunging nose of the huge Devil's Basin anticline and just 7 miles west of the original Tyler discovery in the Big Wall Oil Field. Since the Texas Company Tyler discovery at Big Wall on April 4, 1948, over 110 million barrels of Tyler oil have been produced in the Tyler Fairway within 50 miles of the "Black Tiger" prospect.

The Black Tiger is in the heart of the Tyler depositional fairway and is approximately 7 miles southeast of the Winnett Junction Oil field, which has produced over 30,000 barrels of sweet Tyler oil.

Upper & lower Tyler alluvial point bar, deltaic distributaries and delta fringe sands have been deposited in substantial quantities throughout the prospect area.

The Black Tiger is also located along the structural axis of the Devil's Basin Anticline. It is believed that the zone of most severe fracturing of an anticlinal fold should occur along its axis. This zone of fracturing appears to be responsible for secondary porosity developed in the Lower Health Limestone (source bed for the Tyler oil), which forms one of the reservoirs that are producing immediately adjacent to the 'Black Tiger' prospect. The Tyler channel system is the primary target of this prospect. There is ample evidence of significant Tyler deposition in this area. Tyler oil has been produced in the Thomas No. 1, No. 15-1 and No. 15-2 in section 15 of the Black Tiger prospect. Since the sands of the Tyler are a shoestring geometry of fluvial meander belt to deltaic deposition, productive sands thin and shale out in very short distances. But history within the Tyler depositional area has proved without a doubt, that if a Tyler sand with shows of oil are present, a productive Tyler field is close by.

This media release may contain forward-looking statements regarding, but
not limited to, management, market potential, distributor success, market
size, international sales, marketing, future events and performance of
the Company which involve risks and uncertainties that could materially
affect actual results. Investors should refer to documents that the
Company intends to file with the SEC for a description of certain factors
that could cause actual results to vary from current expectations and the
forward-looking statements contained in this media release.

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Source: Golden Opportunity Resources, Inc.

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Originally posted by Moneyseeker:
Anyone know anything about Golden Opportunity Resources, GDNO? Supposedly they are drilling for Oil. I know there is a big pump going on as I have been getting spammed on this. Do you think there is any credibility?

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