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Re: News Release - Monday, December 03, 2007
Jet Gold Acquires Kshish Molybdenum property
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December 3, 2007, Robert L. Card, President, Jet Gold Corp. (TSX-V:
JAU) is pleased to announce that the Company has acquired the Kshish
Molybdenum ("Kshish ") property near Terrace, British Columbia, Canada.
The property is located 15km northeast of the town of Terrace and is
serviced by nine kilometres of public road and eight kilometres of
logging road. As well the access road to the Kshish property is within
one kilometre of the Canadian National rail line. The Kshish property
covers an area of 4,082 hectares and ranges in elevation from 400m to
1500m.

The terms of acquisition call for a cash payment of $25,000 and the
issue of up to 500,000 common shares over time and bonus of 300,000
shares if the Kshish property goes into production. The agreement is
subject to approval by the TSX Venture Exchange.

The core property, 730 hectares, consists of molybdenum geochemical
anomalies occurring over approximately five kilometres and a large
block of additional claims, 3,352 hectares, staked by Jet Gold in
October on the recommendation of Alex Burton, P.Geo. Mr. Burton
recommended the staking of this additional ground based on observed
conditions as well as anomalous BC Geologic Survey geochemical samples
located further to the northwest on Lean-to Mountain.

The Kshish property was discovered in 1966 and sat unnoticed until new
logging roads were built into the area which exposed significant
amounts of bed rock. Exposures along these roads prompted a review of
the 1960's exploration work. This exploration work, undertaken in 1967
and 1968 for Amax Exploration, included 675 geochemical samples. The
results of this work were summarized in a non National Instrument
43-101 compliant report titled, "Geological and Geochemical Report on
the Mt. Vanarsdoll Property Nar Claims, Gambardella & Allan 1968 ARIS
1661". The report identified two zones of anomalous molybdenum values.


Based on this, Jet Gold is currently planning an exploration program to
begin in the first half of 2008 which will include stream sediment
sampling for the entire area as well as prospecting and Geologic
mapping with a view to establishing Diamond drill targets.

A preliminary assessment suggests that the early-stage Kshish Property
has geological characteristics similar to the Shan Property, held by
BCM Resources, which is located some 12 kilometres to the northeast.
Significantly, the Shan and Shan North showings straddle the contact
between older Hazelton volcanic rocks and a newer intrusive body. This
is the same contact covered by the Kshish Property.

The information contained in this news release has been reviewed and
approved by Alex Burton, P.Geo., P.Eng., a qualified person under the
definitions established by National Instrument 43-101.

On behalf of the Board of Directors
Jet Gold Corp

"Robert L. Card"

Robert L. Card
President

Investor Contact:

Robert L. Card
Jet Gold Corp.
604-687-7828
Robertcard@shaw.ca
www.jetgoldcorp.com

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

All statements, other than statements of historical fact, in this news
release are forward-looking statements that involve various risks and
uncertainties, including, without limitation, statements regarding the
potential extent of mineralization and reserves, exploration results
and future plans and objectives of Jet Gold Corp. These risks and
uncertainties include, but are not restricted to, the amount of
geological data available, the uncertain reliability of drilling
results and geophysical and geological data and the interpretation
thereof, and the need for adequate financing for future exploration and
development efforts. There can be no assurance that such statements
will prove to be accurate. Actual results and future events could
differ materially from those anticipated in such statements. These and
all subsequent written and oral forward-looking statements are based on
the estimates and opinions of management on the dates they are made and
are expressly qualified in their entirety by this notice. The Company
assumes no obligation to update forward-looking statements should
circumstances or management's estimates or opinions change.

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Copyright (c) 2007 JET GOLD CORP. (JAU) All rights reserved. For more
information visit our website at http://www.jetgoldcorp.com/ or send
mailto:info@jetgoldcorp.com
Message sent on Mon Dec 3, 2007 at 9:28:10 AM Pacific Time
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