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Presentation
 | | | Thu May 20, 2010
Website Update
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| | Vancouver, BC, May 20, 2010, Robert L. Card, President of Jet Gold Corp. ("Jet Gold" or the "Company") is pleased to report that its website "www.jetgoldcorp.com" has been updated with additional information about Jet Gold's new projects, mainly the recently acquired Big Hammer gold and tellurium project (the "Big Hammer"). Power Point presentations of the properties have also been added to the site.
The Big Hammer will be Jet Gold's main exploration target this spring and summer. The recent new highs in the price of gold and the general anticipation of higher prices in the coming months make the "Hammer" a priority target for development this year. In addition to gold, the Company will be looking carefully at the tellurium content of the Big Hammer mineralization. Tellurium has become a very sought after mineral, as demand for its use in solar cell manufacture and digital memory chips has increased its price from about US$10 per pound a few years ago to over US$200 per pound presently. At these prices, a major tellurium component of the Big Hammer mineralization suite could add a large dollar value to the rock. The Big Hammer is located about 13km southeast of the City of Terrace, BC and is easily accessible from local roads, logging roads and trails.
The Company also expects to be engaged in an exploration program on its Kshish molybdenum property in late summer. The Kshish indicates it contains a large high grade area of moly mineralization which Jet Gold expects to develop further. Previous work by the Company and others has indicated the presence of a high grade area of mineralization surrounded by a greater area of lower grade rock. The Kshish is located approximately 11km northeast of the City of Terrace, BC and is easily accessible by local highways and logging roads.
On behalf of the board of directors,
Jet Gold Corp.
"Robert L. Card"
Robert L. Card
President
Investor Contact
Brian Stanford
604-687-7828
Brian-JetGold@shaw.ca
Neither 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
Caution Regarding Forward-Looking Information
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. |
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| | You can view the Previous News Releases item: Mon Apr 12, 2010, Jet Gold Investor Relations
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