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Jet Gold Naskeena Drilling Update
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Jet Gold Corp. (TSX-V: JAU) (the "Company") is pleased to report that
it has executed a
Diamond drilling contract for further development at
the Naskeena coal project. The contract covers a first phase program of
10,000 feet and a like amount in a second phase. The Company has laid
out a potential 80 drill hole program on the Naskeena coal project..
Drilling is to begin as weather permits in the area.
Now that the Company has a firm contract with a local driller the
Company is poised for a full season of work on its coal property in NW
British Columbia. With a current high demand for coal the Company's
work program is expected to capitalize on this trend.
The Company completed a NI 43-101 compliant report on 2007 activities.
The report recommends additional exploration and drilling on the
Naskeena Coal Project. The Report will be posted on the Company's
website at www.jetgoldcorp.com.
The Naskeena Project encompasses an area of approximately 17 square
miles and is located 60 kilometers from Terrace, BC adjacent to a paved
highway and about 160 kilometers from the coal port at Prince Rupert,
BC. Two previous historical reports on the property have suggested a
potential large tonnage resource of high grade coal, however, these
reports were only estimates and not 43-101 compliant
Alex Burton, P.Eng. an independent person to the Company, is a
qualified person as defined by NI 43-101, reviewed the contents of the
news release
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 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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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. |