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Share Name | Share Symbol | Market | Type |
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TSXV:JAU | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Jet Gold Corp. (TSX VENTURE: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, President
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