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Jet Gold Completes NI 43-101 Compliant Report On Naskeena Coal
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Vancouver, BC - April 23, 2008 - Robert L. Card, President, Jet Gold
Corp., (the "Company") is pleased to report that a National Instrument
("NI") 43-101 compliant technical report has been completed on the
Company's Naskeena Coal Project located north of Terrace, BC. The
Technical Report, prepared by Brian Simmons, P.Eng., reports on the
work done during the summer of 2007 and outlines recommendations for
additional work on the property. The complete Report will be available
for review on the SEDAR web site at www.sedar.com and on the Company's
web site at www.jetgoldcorp.com.
During 2006, the Company carried out initial mapping and map
preparation including the acquisition of air reconnaissance and
satellite photos and the review of Ministry of Mines Reports for the
property and surrounding area. Further work consisted of excavator
trenching to expose the outcropping coal beds so that a drilling
program could be laid out. During 2007 the Company drilled sixteen
vertical NQ
Diamond drill holes totaling 1215 meters. A total of
$270,615 was spent on exploration.
The next phase will consist of drilling to outline open pit mineable
beds along with their thickness characteristics and potential open pit
mining attributes. In the opinion of the qualified person, "the
character of the Naskeena project is sufficient to merit an exploration
program costing $550,000". This program would consist primarily of
additional drilling to delineate the coal seams. Contingent upon
favorable results from the Phase 1 work program, a carefully thought
out Phase 2 program would include additional drilling, a bulk coal
sample and a NI 43-101 resource/reserve estimate.
Brian Simmons, P.Eng., a qualified person as defined by NI 43-101,
prepared the Technical Report.
On behalf of the Board of Directors of
Jet Gold Corp
"Robert L. Card"
Robert L. Card
President
Investor Contact:
Robert L. Card, President
604-687-7828
Jetgoldcorp@shaw.ca
www.jetgoldcorp.com
This news release was prepared by management of JAU, which takes full
responsibility for its contents. The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy of this
news release.
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Copyright (c) 2008 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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