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Re: News Release - Wednesday, September 10, 2008
Exploration Update
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Vancouver, BC - September 10, 2008 - Robert L. Card, President, Jet
Gold Corp. (TSXV - JAU) ("Jet Gold" or the "Company") is pleased to
report on activities associated with its on ongoing exploration program
at the Naskeena Coal Project ("Naskeena") in Northern British Columbia.
Drilling has been on-going at the Naskeena with a short break at the
end of August. A second shift was added in late August to make up this
time and to generally increase productivity. Seven, HQ holes have been
drilled in and around DDH2008-2 which intersected a promising coal bed
at 178ft (54m). This coal seam is 8.5ft (2.6m) thick with an additional
1.5ft (0.45m) of mixed material below. More holes will be required to
test continuity of this coal seam and other possibly related beds in
this area. The surrounding holes have intersected coal seams but
additional work will be required to determine the linkage to DDH2008-2.
The holes to date on this occurrence have been drilled down the
apparent dip of the coal bearing strata and the next holes within the
drill plan will pursue the bed along strike. The core and core logs are
currently being reviewed by the project geologist to determine if the
intersected coal seams are related or separate seams and samples will
be sent for analytical work after this review.
Once the drilling in the current area, which was not drilled in 2007,
is completed to the Company's satisfaction, the drill will be moved to
another area of the property where coal was intersected in 2007. This
area is considered to be the lowest stratagraphically and contains
multiple beds of coal.
Samples from last years drilling will also be re-analyzed at this time
by subjecting them to beneficiation (washing) to establish washing
requirements. In 2007 the samples were analyzed as raw coal only and a
review of the Groundhog area coal data noted that significant
beneficiation was common during testing on that project. This has
prompted the review of the 2007 Naskeena samples.
The work to date has only covered a very small portion of the Naskeena
and significant drilling will be required to tie this coal project
together. Anthracite coal does not appear in great thicknesses or
quantity in British Columbia with the Groundhog and Klappan being the
only deposits in B.C. To this end, the Company anticipates continued
drilling on the Naskeena project into the winter months.
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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