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.

In completing the acquisition, JetGold has agreed to a cash payment of $15,000 and issuance of 150,000 shares to the vendor.  The vendor will continue to hold a 2% Net Smelter Royalty and the Company maintains the right to purchase the NSR for $1,000,000. The acquistion is subject to exchange approval.

In announcing the acquisition, JetGold president & CEO, Brad Moynes stated, “We believe the Kshish property will prove to be an important and valuable asset in Jet Gold’s precious metal holdings. It allows the Company to continue to expand its position in the Terrace mining region and diversify into additonal mineral forms.”

The Kshish property covers an area of 4,082 hectares with elevations ranging from 400-1,500 metres and is serviced by existing roads, including an access road just one kilometre from the CN Rail line. The 730 hectare core property consists of molybdenum geochemical anomalies occurring over approximately five kilometres. A large block of additional claims, over an area of 3,352 hectares, was staked by the company in October 2007 based on its geological work and anomalous BC Geologic Survey geochemical samples located nearby on Lean-to Mountain.

Permitting has been filed for the Kshish property and approvals are expected in the fall of 2011. Additional information will be made available as it materializes.

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 three unique precious metal properties:

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.