SC 13G 1 goldenstar13gaug06.txt Golden Star Resouces Ltd. Common Shares 38119T104 August 18, 2006 CUSIP 38119T104 1. Sprott Asset Management Inc. Suite 2700, South Tower, Royal Bank Plaza, Toronto, Ontario M5J 2J1 Canada 2. n/a 3. 4. Ontario, Canada 5. 12,577,000 6. n/a 7. 12,577,000 8. n/a 9. n/a 10. n/a 11. n/a 12. BD Item 1 (a) Golden Star Resources Ltd. (b) Suite 300 - 10901 West Toller Drive Littleton, CO 80127 United States Item 2 (a) Sprott Asset Management Inc. (b) Suite 2700, South Tower Royal Bank Plaza P.O. Box 27 Toronto, Ontario M5J 2J1 Canada (c) Canadian (d) Common Shares (e) 38119T104 Item 3 n/a Item 4 (a) n/a (b) n/a (c) (i) 12,577,000 (ii) n/a (iii) 12,577,000 (iv) n/a Item 5 n/a Item 6 n/a Item 7 n/a Item 8 n/a Item 9 n/a Item 11 August 18, 2006 Neal Nenadovic Chief Executive Officer