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Jet Gold Kshish Molybdenum Property Update
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June 9, 2008, Robert L. Card, President, Jet Gold Corp. (TSX-V: JAU)
("Jet Gold" or the "Company") is pleased to announce that the Company
has started exploration on the Kshish Molybdenum ("Kshish ") property
near Terrace, British Columbia, Canada. The property is located 15km
northeast of Terrace and is serviced by nine kilometres of public road
and eight kilometres of logging road.
Based on favourable geologic conditions and the occurrence of visible
molybdenum mineralization, Jet Gold has undertaken an exploration
program which began in early 2008. This program includes stream
sediment sampling and general prospecting which will move up-slope as
the snow recedes. As well, the general structural geology of the
property has been mapped using high resolution digital air photos.
This mapping and the stream sediment sampling will guide the ground
exploration program and aid in the determination of refined exploration
targets. Two significant areas of reported anomalous molybdenum values
will be explored when the area is snow free with a view to establishing
diamond drill targets as soon as practical. The 2008 work will also
pursue a linkage between the reported molybdenum showings and an
anomalous BCGS geochemical sample (103I78778) which is some five km to
the northwest.
The 2008 work will explore the area sampled in 1967 and 1968 by Amax
Exploration, the results of which were summarized in; "Geological and
Geochemical Report on the Mt. Vanarsdoll Property Nar Claims
(Gambardella & Allan 1968), ARIS 1661". This report identified two
zones of anomalous molybdenum values, Area 1 being approximately 1400m
x 800m with molybdenum values in soil samples ranging from 0 to 480
ppm. Area 2 is approximately 600m x 600m with molybdenum values in
soil samples ranging from 8 to 355 ppm. This report is not National
Instrument 43-101 compliant and the values are presented as historic
information only.
The molybdenum showings on the Kshish property are recorded as MINFILE
103I 033 and MINFILE 103I 034 (National Mineral Inventory Number 103I10
Mo2).
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) 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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