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Jet Gold Corp And Leeward Capital Suspending Myanmar Operations
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Vancouver, B.C. - September 28, 2007 -- Robert L. Card, President of
Jet Gold Corp. (the "Company") reports that Jet Gold and Leeward
Capital have decided to suspend their exploration operations in Myanmar
and withdraw from the Set Ga Done Gold Property. This action is
dictated by the recent political instability and the inability of Quad
Energy S.A. to fund the exploration program.
The companies have operated successfully in Myanmar for many years. We
have employed Myanmar geologists and geotechnical staff for the last
five years in our exploration programs. We have co-operated with the
Department of Geological Survey and Minerals Exploration (DGSE) in
evaluating the gold potential of Myanmar. However, recently it has
been increasingly difficult to operate under the inflexible and
bureaucratic rules imposed on our operations.
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 - 1 888 687 7828
jetgoldcorp@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
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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
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Jet Gold Corp
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EXPLORATION STAGE |
CODE : JAU.V |
ISIN : CA47712W3075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
JetGold is a gold exploration company based in Canada. JetGold holds various exploration projects in Canada. Its main exploration properties are VIRGINIA in USA and KSHISH in Canada. JetGold is listed in Canada. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.2 millions, € 1.1 millions). Its stock quote reached its highest recent level on May 25, 2007 at CA$ 97.55, and its lowest recent point on September 04, 2015 at CA$ 0.03. JetGold has 13 069 728 shares outstanding. |