JAU

Jet Gold Corp. (TSX VENTURE:JAU) (the "Company") announced today a non-brokered
Private Placement consisting of 4,000,000 units of the Corporation (the "Units")
at a price of $0.10 per share for gross proceeds of $400,000. The units shall
consist of one common share and one-half share purchase warrant with a term of
24 months and an exercise price of $0.15. 


The securities issued pursuant to the private placement will be subject to a
four month hold period from the closing date. 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.


The funds will be added to working capital.

On behalf of the Board of Directors, 

Jet Gold Corp. (TSX VENTURE:JAU)

Peter Hogendoorn, Chairman & CEO 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Jet Gold Corp.
Peter Hogendoorn
Chairman & CEO
+1(604) 336-8138

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