For Release May 8, 2012 – Vancouver, BC – JetGold Corp. (TSX-V: JAU) (the “Company”) is pleased to announce the appointment of Ryan E. Cheung as the Company’s new Chief Financial Officer, effective May 3, 2012. Mr. Cheung replaces Blaine Bailey, who was appointed as a director of the Company and an independent member of its audit committee upon his resignation as CFO. In connection with the foregoing changes, Zigurts Strauts resigned as a director of the Company, also on May 3, 2012. The Company would like to thank Dr. Strauts for his services and wishes him the best of luck in his future endeavors.

Mr. Cheung is the owner and a founding partner of Midland Chartered Accountants Ltd., a Vancouver-based CA firm that provides integrated accounting, tax and business advisory services to public and private companies, owner-managed businesses and high net worth individuals. Prior to founding Midland in 2008, he served as a senior associate at public accounting firms Dale Matheson Carr-Hilton Labonte LLP and Bruyneel & Company, Chartered Accountants, providing assurance, tax and business advoriy services.

Mr. Cheung is currently the CFO of Shamrock Enterprises Inc. (CNSX: SRS), as well as a director of both AMI Resources Inc. (TSX-V: AMU) and Midasco Capital Corp. (TSX-V: MGC). He is an active member of the Institute of Chartered Accountants of British Columbia holds a Diploma in Accounting from the University of British Columbia and a Bachelor of Commerce degree in international business from the University of Victoria.

Big Hammer    Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace

Silver Bay         Silver/Lead/Zinc/Gold (Ag/Pb/Zn/Au) property located in west central BC

Kshish               Molybdenum/Copper (Mo/Cu) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers region of British Columbia, encouraged by the excellent road access and close proximity to abundant power, water, CN Rail lines, and the deep water container port at Prince Rupert.  The Fairview Terminal at Prince Rupert is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information can be found at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)
“Brad J. Moynes”

Brad J. Moynes
President & CEO

For corporate information, contact:
Brad Moynes at 604-601-2070

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070    F: 604-683-8125
www.jetgoldcorp.com

February 23, 2012 – Vancouver, BC – Jet Gold Corp. (TSX-V: JAU) today announced the filing of the Silver Bay NI 43-101 Technical Report with appropriate exchange and regulatory bodies.

Following are key points from the Technical Report:

• 1.  The Silver Bay property is located 29 km south of the Huckleberry open pit copper mine in the prolific Tahtsa Ranges of central British Columbia.
• 2.  The property is comprised of eleven mineral claims that cover 5313.61 hectares in the Omineca Mining Division.
• 3.  The property is underlain primarily by thick sequences of volcaniclastics, intermediate to mafic flows, and lesser sedimentary rocks of the Jurassic Hazelton Group, a succession of interlayered volcanic and sedimentary rocks and related intrusions that are correlated with the Cretaceous Kasalka Group, and a quartz monzonite to granite stock of Tertiary age.
• 4.  Nearby porphyry copper-gold and/or molybdenum deposits include Berg, Lucky Ship, Poplar, Red Bird and Whiting Creek all within 70 km of the Silver Bay property.
• 5.  Nearby polymetallic vein deposits include Emerald Glacier, Deer Horn and Silver Queen.
• 6.  Past exploration and small scale underground development on the Silver Bay property focused on two principal polymetallic silver-lead-zinc+/-gold veins, Roosevelt and Nickel Plate, and identified skarn copper mineralization and a broad hydrothermal alteration system with associated disseminated copper mineralization.
• 7.  The Roosevelt polymetallic vein system crops out in a north-trending shear zone that has been traced for more than 1500 m along strike; individual chip and grab samples collected in 2011 from the Chikamin Adit dump graded up to: 17.3 g/t Au, 1570 g/t Ag, 0.59% Cu, >20% Pb and 6.61% Zn.
• 8.  The Nickel Plate polymetallic vein has been traced for at least 600 m along its northwesterly trend; chip samples across the vein and selected grab samples collected from the Ruby Adit dump graded up to: 4.90 g/t Au, 551 g/t Ag, 1.0% Cu, 11.2% Pb and 7.7% Zn.
• 9.  The Deuce skarn copper prospect (not observed in 2011) occurs within a 3-10 m thick, altered limestone and has been traced for 300 m along strike.
• 10.  The Ace prospect includes an impressive alteration system that reportedly covers a 3000 m by 500 m area in the eastern part of the property, more than 3 km from the closest known vein occurrence.   Alteration consists of intense, pervasive limonite and locally intense jarosite coatings on pyritic volcanic rocks that form steep spires and canyon walls along a creek gulley.  The volcanics are cut by a pyritic granite breccia stock.  Sampling of the gossanous rock over a length of approximately 700 m produced anomalous values of copper, lead and zinc.  Previously recorded work identified magnetite-chalcopyrite-bornite skarn mineralization along shear zones ‘beyond the pyritic’ rocks, and disseminated hematite, pyrite and chalcopyrite in a range of volcanic lithologies rocks approximately 1 km southwest of the canyon examined.
• 11.  Literature review of the three known mineral occurrences on the property that were not located in 2011 (Dad’s Surprise, Deuce and Chikamin Group) are also regarded to be porphyry-related.
• 12.  The intense alteration at Ace is consistent with the upper levels or flank of a porphyry (Cu-Au) system.  The polymetallic veins that comprise the Roosevelt and Nickel Plate prospects may be distal components of, and directly related to, the Ace porphyry system.  The veins have been traced from the south shore of Whitesail Lake to the south-southeast, resulting in additional discoveries beyond the peak of Chikamin Mountain – giving the vein system an overall strike length of more than 4 km and a vertical dimension of approximately 1 km.
  1. 13. The Silver Bay property is a Property of Merit and warrants a large scale, multi-faceted exploration program to further assess its potential to host economic polymetallic vein, skarn and porphyry mineral deposits.

In commenting on the Report, JetGold President, Brad Moynes stated, “We are very encouraged by the positive results of the Silver Bay Technical Report. It fully supports our commitment to a major exploration program to assess the property’s polymetallic vein, skarn and porphyry mineral deposits. We will be issuing our exploration plans shortly.”

The following table displays the range of values and assay results from the Roosevelt, Nickel Plate and Ace mineral occurences at Silver Bay:

The independent Qualified Person who reviewed and approved the contents of this news release is Bob Lane, MSc, PGeo, from the consulting firm of Plateau Minerals Corp. The Siver Bay Technical Report was prepared by Mr. Lane and adheres to the disclosure requirements of NI 43-101.

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”

Brad J. Moynes
President & CEO

For corporate information, contact:
Brad Moynes at 604-601-2070

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 / F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains “forward-looking statements” within the meaning of Canadian securities legislation. These statements express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to the inherently dangerous activity of mining, including conditions or events beyond the Company’s control and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty regarding the Company’s ability to raise financing and fund the exploration and development of its mineral properties; uncertainty regarding actual capital costs, operating costs, production and economic returns, or that development activities will result in profitable mining operations; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the Company being subject to environmental laws and regulations which may increase the costs of doing business and restrict its operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, claims or other defects in title; risks relating to the inadequate insurance or the Company’s inability to obtain insurance; risks related to potential litigation; risks related to the global economy; and risks related to officers and directors of the Company becoming associated with other resource exploration companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should the underlying assumptions prove incorrect, the Company’s actual results may vary materially from those described in the forward-looking statements. Investors should not place undue reliance on forward-looking statements.

For Release January 27, 2012 – Vancouver, BC – Jet Gold Corp. (TSX-V: JAU) announces a private placement of an aggregate of 5,400,000 units (“Units”) at an issue price of $0.15 per Unit for total gross proceeds of $810,000.

Each Unit consists of one common share (“Common Share”) and one half of one common share purchase warrant (“Warrant”). Each Warrant entitles the holder to acquire one Common Share at a price of $0.25 per share in year one and $0.30 per share in year two from the closing date.

The Company intends to use the net proceeds of the offering for general working capital purposes.

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”

Brad J. Moynes
President & CEO

For more information, contact:
Brad Moynes (604-601-2070)
info@jetgoldcorp.com

Investor Relations, contact:
Gus Garisto (416-805-3106)

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 / F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

For Release December 15, 2011 – Vancouver, BC – JetGold Corp. (TSX-V: JAU) today announced that its 2011 exploration program has been completed on the Silver Bay property located in central British Columbia. The Silver Bay property totals 13,126 acres and is located east of the Deer Horn Property (TSX: DHM) and 29 kms south of the Huckleberry mine, 50% owned by Imperial Metals Corp (TSX: III). Historically, the region has produced the Equity Silver Mine, Miya (Emerald Glacier) mine and the Berg depost (Cu-Mo porphyry) which contains an estimated 2.1billion lbs copper with significant molybdenum & silver.

JetGold’s 2011 exploration program has been completed. It was reconnaissance in nature and was focussed on identifying recorded mineral showings, assessing areas of historical exploration and small scale surface and underground development. The helicopter-supported program took place over two days in mid-September and readily identified the Roosevelt, Nickel Plate and Ace mineral occurrences. Three other recorded mineral occurrences were not located because of poor access, snow conditions and time constraints.

The Roosevelt and Nickel Plate mineral occurrences are separate, semi-massive to massive lead-zinc-copper veins that locally contain excellent gold and/or silver grades. The polymetallic veins occupy discrete northerly trending structures in the western part of the property.

At Roosevelt, veins and subordinate stockwork mineralization occur within a north to northeast trending and west dipping shear zone that is approximately 6 m in width. The shear zone, mineralization and caved underground workings were located on the banks of Camp Creek. Individual chip and grab samples collected in 2011 from the immediate area graded up to 17.3 g/t Au, 1570 g/t Ag, 0.59% Cu, > 20% Pb and 6.61% Zn. The Roosevelt showing is coincident with the margin of 1.1 km by 0.6 km area of chargeability high – resistivity low IP responses outlined by Equity Silver Mines in 1990. Follow-up diamond drilling of the anomaly in 1991 intersected several narrow zones of precious metal-bearing polymetallic sulphide vein and stockwork mineralization, and established a spatial and genetic association with nearby augite feldspar porphyry intrusions.

Old workings at Nickel Plate mineral occurrence, consisting of an open adit and series of narrow trenches, evaluated a narrow, northwest-trending and steeply east dipping polymetallic quartz veins and associated stringer mineralization. The workings cover a lineal distance of approximately 170 m. The principal vein is up to 30 cm wide at surface and exhibits banded and comb structures. Chip samples across the vein and selected grab samples from the dump graded up to 4.90 g/t Au, 551 g/t Ag, 1.0% Cu, 11.2% Pb and 7.75% Zn.

The Ace mineral occurrence is a very impressive alteration system located in the eastern part of the property, a distance of more than 3 km from the closest known vein occurrence. Ace consists of intense, pervasive limonite and locally intense jarosite coatings on pyritic volcanic rocks that form steep spires and canyon walls along more than 700 m of a creek gulley. The volcanics are cut by a pyritic granite breccia stock. Sampling of the gossanous rock over a length of approximately 700 m produced anomalous values of copper, lead and zinc. Previously recorded work identified magnetite-chalcopyrite-bornite skarn mineralization along shear zones ‘beyond the pyritic’ rocks, and disseminated hematite, pyrite and chalcopyrite in a range of volcanic lithologies rocks approximately 1 km southwest of the canyon examined.

The intense alteration at Ace is consistent with the upper levels or flank of a porphyry (Cu-Au) system. The polymetallic veins that comprise the Roosevelt and Nickel Plate mineral occurrences may be distal components of, and directly related to, the Ace porphyry system. Literature review of the other three known mineral occurrences on the property that were not located in 2011 (Dad’s Surprise, Deuce and Chikamin Group) are also regarded to be porphyry-related.

In September 2011, a 496 line–km airborne magnetometer and radiometric survey was flown over the entire property by Precision GeoSurveys of Vancouver, BC. Results from the survey are still pending, but will be the subject of a subsequent news release.

“JetGold’s Silver Bay property has seen very little modern exploration. We are extremely encouraged by the precious and base metal tenor of the veins that were sampled at the Roosevelt and Nickel Plate mineral occurrences, and also by the large untested alteration zone that encompasses the Ace prospect. The company believes that the veins are drill-ready targets and that a comprehensive Phase 1 geochemical and geophysical program, scheduled for 2012, will be successful in identifying additional targets.” stated Brad J. Moynes, President of JetGold Corp.

The following table displays the range of values and assay results from the Roosevelt, Nickel Plate and Ace mineral occurences at Silver Bay:

Bob Lane, PGeo, is JetGold’s qualified person as defined by National Instrument 43-101, for the Silver Bay project.
                                                                                                                                                                                                             

JetGold is a Canadian resource exploration company actively developing gold, silver, copper, zinc, molybdenum and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of its two unique precious metal properties [Big Hammer and Silver Bay] and a base metal property [Kshish].

On behalf of the Board of Directors,

JetGold Corp. (TSX.V: JAU)

“Brad J. Moynes” 

Brad J. Moynes
President & CEO

For more information, contact:
Brad Moynes (604-601-2070)

Investor Relations, contact:
Gus Garisto (416-805-3106)

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 / F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

For Release Nov 23, 2011 – Vancouver, BC – Jet Gold Corp. (TSX-V: JAU) today announced positive results from its October drill program at Big Hammer. Results from 3 of the 11 holes drilled produced grades of 13.37 g/t, 7.3 g/t and 6.0 g/t gold, as per table following.
In announcing the results, Brad Moynes, JetGold President stated: “We are very encouraged by our recent Big Hammer drill results. The grams-per-ton gold grades are positive and we’re planning to continue an aggressive drilling program in early 2012.”

Donald G. Strachan, project QP added, “Geometries of altered host rock, altered and sulfidic diorite intrusions and gold-bearing veins along Big Hammer’s quartz-chlorite-sulfide-telluride shear zones hold promise for multiple shoots capable of supporting moderate-sized, long-term gold production.”

Summary drilling results: (see drill hole ID & table following)

1) High grade gold achieved in BH11-003 was 13.37 g/t gold over 0.4 meters, 112 g/t silver and 69 g/t tellurium.

2) Three mineralized zones were encountered in BH11-006: 3.0 g/t gold over 0.3 meters at 22.9 meters depth; 2.7 g/t gold over 0.8 meters with 40 g/t silver and 30 g/t tellurium; and 7.3 g/t gold over 0.6 meters with 73 g/t tellurium.

3) The seventh drill hole encountered 6.0 g/t gold over 0.4 meters, 41 g/t silver and 74 g/t tellurium.

Additionally, 102 drill core rock samples from Big Hammer are being “fire assay-tested” for gold and “aqua regia digestion-tested” for silver and tellurium. Results are expected in early December.

JetGold’s Big Hammer is a low elevation gold, silver tellurium property, accessible year-round and located 13 km southeast of Terrace, BC. It is serviced by a paved public road, existing forest resource roads and bridges and CN rail. Big Hammer was discovered in 2007 by the BC Geologic Survey and classified as a “new gold discovery.”

Don Strachan, M.Sc, CPG is the qualified person for the Big Hammer project.

JetGold is a Canadian resource exploration company actively developing gold, silver, copper, zinc, molybdenum and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of two precious metal properties [Big Hammer and Silver Bay] and one base metal property [Kshish].

Big Hammer Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace

Silver Bay Silver/Zinc (Ag/Zn) property located in west central BC

Kshish Copper/Molybdenum (Mo/Cu) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers region of British Columbia, encouraged by the excellent road access and close proximity to abundant power, water, CN Rail lines, and the deep water container port at Prince Rupert. The Fairview Terminal at Prince Rupert is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information can be found at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”

Brad J. Moynes
President & CEO

For corporate information, contact:

Brad Moynes at 604-601-2070
or info@jetgoldcorp.com

For investor relations, contact:
Gus Garisto at 416-805-3106

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

Trench samples at the original “380” roadcrop with up to 93 g/t gold (see September 28^th press release) were followed up in October by seven close-spaced drill holes (20-meter centers) and four step-out holes at the Big Hammer gold property. Quartz -sulfide-telluride vein and shear mineralization within quartz-chlorite alteration envelopes the low-angle “380 Fault” at Big Hammer, extending 260 meters horizontally and at least 120 meters down structural dip from outcrop.

Five new surface grab samples 200 meters east of the original “380” roadcrop returned the following results – Gold: 29.9 g/t, 20.9 g/t, 17.7 g/t, 9.9 g/t and 0.2 g/t; Silver: 429 g/t, 284 g/t, 335 g/t, 174 g/t and 15.7 g/t; Tellurium: 314 g/t, 213 g/t, 145 g/t, 104 g/t and 5.2 g/t.

Donald G. Strachan, JetGold’s Consulting Geologist and QP at Big Hammer, says “ I am grateful for the geologic continuity of structure, alteration and mineralization seen in every hole to date, and am confident this structural horizon will be extended by future drilling phases. Banded quartz-sulfide-telluride vein intercepts up to one meter are present in seven of the 11 holes drilled through the quartz-chlorite-flooded 380 Fault. Multiple quartz-sulfide-telluride vein intercepts within the 380 Fault were encountered by four of the 11 holes. Substantial vein thicknesses and grades are reasonable expectations along the 380 Fault at Big Hammer.”

Further information, including assay results, will be provided upon receipt from AGAT.

JetGold’s disclosures of a technical or scientific nature in this news release have been reviewed and approved by Donald G. Strachan (M.Sc, CPG), JetGold’s Consulting Geologist, who serves as a Qualified Person under the definition of National Instrument 43-101.

Big Hammer Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace

Silver Bay Silver/Zinc (Ag/Zn) property located in west central BC

Kshish Copper/Molybdenum (Mo/Cu) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road access, abundant power and water supply and close proximity to CN Rail lines and the Fairview Terminal deep water container port in Prince Rupert. The port is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”

Brad J. Moynes
President & CEO

For corporate information, contact:
Brad Moynes at 604-601-2070 or info@jetgoldcorp.com

For investor relations, contact:
Gus Garisto at 416-805-3106

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

The proceeds of the financing will be used to further explore the Big Hammer Gold property located in Terrace, BC, and the Silver Bay property in west central BC and for general working capital purposes.

The private placement is subject to TSX Venture Exchange approval.

JetGold is a Canadian resource exploration company actively developing gold, silver, copper, zinc, molybdenum and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of its two unique precious metal properties [Big Hammer and Silver Bay] and a base metal property [Kshish].

Big HammerGold/silver/tellurium (Au/Ag/Te) property located 13 km southeast of Terrace
Silver BaySilver/zinc (Ag/Zn) property located in west central BC
Kshish Copper/Molybdenum (Cu/Mo) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road access, abundant power and water supply and close proximity to the CN rail line and the Fairview Terminal deep water container port in Prince Rupert. The port is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

For Release October 4, 2011 – Vancouver, BC – Jet Gold Corp. (TSX­V: JAU) (the “Company”) today announced a non­brokered private placement of $400,000 to be raised through the issuance of 1,428,571 flow­through units (“FT Units”) at a price of $0.28 per FT Unit. Each FT Unit will be comprised of one flow­through common share and one­half of one non flow­through common share purchase warrant for a term of 24 months (“Non FT Warrant”). One whole Non FT Warrant will entitle the holder to purchase one non flow­through common share at a price of $0.35 per share in year one and $0.45 per share in year two.

The proceeds of the financing will be used to further explore and immediately commence diamond drilling of up to 3500m at the Big Hammer Gold property located in Terrace, BC.

The securities issued pursuant to the private placement will be subject to a hold period of four months and one day from the closing. The Company may pay finder’s fees in connection with the private placement, subject to compliance with the policies of the TSX Venture Exchange (“Exchange”). Completion of the private placement and the payment of any finder’s fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

JetGold is a Canadian resource exploration company actively developing gold, silver, copper, zinc, molybdenum and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of its two unique precious metal properties [Big Hammer and Silver Bay] and a base metal property [Kshish].

Big Hammer Gold/silver/tellurium (Au/Ag/Te) property located 13 km southeast of Terrace Silver Bay Silver/zinc (Ag/Zn) property located in west central BC Kshish Copper/Molybdenum (Cu/Mo) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road access, abundant power and water supply and close proximity to the CN rail line and the Fairview Terminal deep water container port in Prince Rupert. The port is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information at: www.jetgoldcorp.com

On behalf of the Board of Directors,
Jet Gold Corp. (TSX.V: JAU)

Brad J. Moynes
President & CEO

For more information, contact:
Brad Moynes (604­601­2070)
info@jetgoldcorp.com

Investor Relations, contact:
Gus Garisto (416­805­3106)

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C 3E8
T: 604­601­2070 / F: 604­683­8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

For Release September 28, 2011 – Vancouver, BC – Jet Gold Corp. (TSX-V: JAU) today announced the commencement of drilling on their Big Hammer gold property near Terrace, BC.

The company has retained Orofino Drilling Ltd. to manage a drilling program of up to 3500m and drilling equipment is now being moved on-site. Donald G. Strachan (M.Sc, CPG, QP), JetGold’s Consulting Geologist, will oversee and direct the program.

Recent positive assay results (see September 20, 2011 release) on Big Hammer’s best exposed 380 vein have triggered the drilling program. The number of assays with gold values above 10 grams per tonne – some as high as 93 grams per tonne – indicated grades of gold that warranted further and immediate drilling and exploration.

The 380 vein, which produced the high grade values, is a low-angle quartz sulfide-telluride vein that ranges up to approximately 1.5 meters in thickness with up to 2.0 meters of mid and low-grade. The drilling program will focus on the strike and dip of this vein, as well as probable shoots along this vein, to determine the extent of economic value.

Drilling Program Summary

The best grade mineralization now in sight in both the high-graded and representative channeled roadcrop and trenchcrop samples, if continued at underground along strike and dip, is suggestive of underground-mineable grades. The Phase One drilling pattern is designed to infer this mineralization to depth and along strike to develop tonnage. Phase One will consist of a series of closely spaced, shallow development grid drill holes at 20-meter spacings followed by a series of wider-spaced exploration/development holes at wider spacings.

The low-angle, dilational thickness and continuity of these multiple, well-mineralized veins are the subject of the Phase One drill holes. The geologic character of these veins implies continuity and multiplicity between whatever structural and lithologic controls are present at Big Hammer. In essence, we have shown that gold-silver-tellurium mineralization is intense along the exposed portions of these structures.

The 380 vein is only one of several low-angle veins seen in the few roadcuts made so far on this large property. The other roadcrops higher up the mountain (at 615 and 630 elevation) are also mineralized with gold, silver and tellurium, and represent additional exploration targets. Trenching will be conducted on these higher elevation veins to further expand and provide new drill targets.

JetGold’s disclosures of a technical or scientific nature in this news release have been reviewed and approved by Donald G. Strachan (M.Sc, CPG), JetGold’s Consulting Geologist, who serves as a Qualified Person under the definition of National Instrument 43-101.

JetGold is a Canadian resource exploration company actively developing gold, silver, copper, zinc, molybdenum and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of two precious metal properties [Big Hammer and Silver Bay] and one base metal property [Kshish].

Big Hammer Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace

Silver Bay Silver/Zinc (Ag/Zn) property located in west central BC

Kshish Copper/Molybdenum (Mo/Cu) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road access, abundant power and water supply and close proximity to CN Rail lines and the Fairview Terminal deep water container port in Prince Rupert. The port is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”

Brad J. Moynes
President & CEO

For corporate information, contact:
Brad Moynes at 604-601-2070 or info@jetgoldcorp.com

For investor relations, contact:
Gus Garisto at 416-805-3106

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

In announcing the results, Brad J. Moynes, JetGold President and CEO stated: “We are very encouraged by our recent assay results, in particular the number of assays with gold values above 10 grams per tonne and some as high as 93 grams per tonne. In addition, a good number of the assays indicated grades of gold that warrant further exploration.” 

Jet Gold’s initial exploration of Big Hammer included 280 samples of exposed roadcuts over a total distance of 1,400m.  These roadcut samples, taken in successive five meter increments, were taken for the purpose of geochemical prospecting. An additional 117 grab, chip and channel samples were taken elsewhere on the Big Hammer property, including 47 samples from newly trenched sections of the 380 vein (380 m elevation), the 380 vein extension and the 625 vein (625 m elevation). All 397 samples were analyzed by AGAT Labratories of Mississauga, Ontario.

16 samples collected from the 380 vein produced the following results:

* Fire assay values

Background & Methodology

JetGold’s disclosures of a technical or scientific nature in this news release have been reviewed and approved by Donald G Strachan, M.Sc, CPG, JetGold’s Consulting Geologist, who serves as a Qualified Person under the definition of National Instrument 43-101.

Rock samples, sampling locations, sampling methodology and sample submission methodology, discussed in this news release, were reviewed and approved by Donald G Strachan, M.Sc, CPG. All samples were collected by JetGold’s geologists, designated representatives, managers, supervisors or by trained personnel under the supervision of Donald G Strachan, M.Sc, CPG.  Samples collected remained under the control of JetGold or its designated representatives until delivered to the laboratory responsible for sample preparation or analysis. Rock samples were prepared for assay at AGAT Laboratories preparation facility in Terrace, BC, and analyzed at their Mississauga laboratory under work orders 11D5188887 and 11D5188888. Samples were analyzed for gold by fire assay with ICP-OES finish (202052) and for 51 other elements by conventional ICP/ICP-MS finish (201074 – aqua regia digestion). Over limit gold (>10 g/t) samples were re-assayed by fire assay with a gravimetric finish. The Big Hammer property represents an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

For the purposes of this news release, the following sample collection definitions apply:

Grab A high grade opportunity sample

Chip A systematic, representative, vertical sample across the thickness of a near-horizontal planar structure (vein)

Channel A systematic, representative, horizontal sample along the near-horizontal strike of a planar structure (vein)

Big Hammer    Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace

Silver Bay         Silver/Zinc (Ag/Zn) property located in west central BC

Kshish               Copper/Molybdenum (Mo/Cu) property located 15 km northeast of Terrace

JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road access, abundant power and water supply and close proximity to CN Rail lines and the Fairview Terminal deep water container port in Prince Rupert. The port is an important part of the Government of Canada’s “Asia-Pacific Gateway & Corridor Initiative” and the Province of British Columbia’s “Pacific Gateway” strategy.

Additional information at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

“Brad J. Moynes”
Brad J. Moynes
President & CEO

For corporate information, contact:
Brad Moynes at 604-601-2070 or info@jetgoldcorp.com

For investor relations, contact:
Gus Garisto at 416-805-3106

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 / F: 604-683-8125
www.jetgoldcorp.com

Forward Looking Information: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements containing forward-looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.