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      Exploration Update
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Vancouver, BC - August 14, 2008 - Robert L. Card, President, Jet Gold
Corp. (TSXV - JAU) ("Jet Gold" or the "Company") is pleased to report
that activities associated with its ongoing exploration on the
Company's properties are advancing.

Naskeena Coal Project

Drilling is going well with approximately 2800 ft drilled in July.
Costs are down to around $35/ft and should stay in that range while
drilling the present areas.  Drilling starts today on a southern leg of
an X shaped drill plan.  Multiple coal seams have been encountered to
date in all holes.  Drill cores are now being logged.  Once prepared
they will be sent to the lab for analysis with results expected back
within 4-6 weeks.  The Company anticipates this drilling program to
continue well into the fall and early winter months (depending on
weather conditions).  The Company has applied for an additional 1500 ha
on the southern boundary of its present tenure, adding about 1/3 to the
size of its current project area.

Kshish Molybdenum Update

The Company has completed the initial prospecting on the Kshish
Molybdenum ("Kshish ") property near Terrace, British Columbia, Canada
and has found interesting molybdenite occurrences.  The property is
located 15 km northeast of the town of Terrace and is serviced by nine
kilometres of public road and eight kilometres of logging road.  Jet
Gold holds options on approximately 4100 ha of mineral tenures covering
the Kshish property.
 
Exploration work on the Kshish property has been on-going through the
spring of 2008 with stream sediment sampling and general prospecting
being the focus at this time.  The work has followed the snow up the
mountain and access is now at a point where the prospecting crews can
work in the area identified as the original main target, Area 1, the
Newtown creek exposure.  This area also includes two zones of anomalous
molybdenum values in soil samples identified by Amax in 1967 and 1968.

 
Stream sediment and moss mat samples were taken at 12 locations within
the property with values ranging from 2 ppm to 45 ppm with values over
15 ppm considered to be anomalous.  The general area covered by this
sampling is approximately 2600 ha and it is anticipated the further
sediment sampling will be required in areas that were not accessible in
the spring to further refine prospecting targets.  This work has been
undertaken to ensure that adequate coverage of the property was in
place as well as to follow up on the previous samples taken by
the BC Geologic Survey and Amax. 
 
The current sediment samples represent only the initial � of the
property. The prospecting to date and the historic information has
defined Area 1 of having an approximately area of 800 ha (3000m x
3000m) which will be the primary focus for 2008.  The exploration on
remainder of the property will be continued during the summer. 
 
Large rock samples have been collected and prepared for assaying.   The
Company will be reporting on these sample assays shortly along with
additional rock, soil and mat samples sent for assay to ALS Chemex.
 
Based on present work, the mineralized rock is evident over 400m
(1300ft) of the creek exposure and additional mineralized rock has been
identified well upstream and requires further detailed prospecting
work.  MINFILE 103I 033 showing which is approximately 2 km west of the
Newtown Creek exposure, has a reported value of 0.48% molybdenite but
prospecting has not yet reached this area.  This reported showing is
within one of the north east trending fractures.   It is anticipated
that more areas of mineralization will be discovered across this large
property with the goal of defining new molybdenite  source stock works
and drill targets for either a late fall or spring drill program.
 
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
604-687-7828
Robertcard@shaw.ca
www.jetgoldcorp.com


This news release was prepared by JAU management, which takes full
responsibility for its contents.  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) 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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