VANCOUVER, June 14, 2011 /PRNewswire/ - Brad J. Moynes,
President of Jet Gold Corp. (the "Company" or "Jet Gold") (TSX-V:
JAU) is pleased to announce that the exploration and drill
program on the Big Hammer Gold discovery located in Terrace,
British Columbia started June 10, 2011. Excavation and
trenching will further increase exposure of mineralization along
the previously identified (380 Vein). Developed road and
bridge infrastructure exists on the property enabling premium
access to all diamond drill site locations. Extensive
airborne geophysics and mapping will also be completed.
Recent activity on the property by the local
forestry licensee includes upgrading 3 kilometers of the Branch 100
road a replaced bridge and many drainage systems. The work
has upgraded the road from inactive to active status allowing the
timber to be hauled from several clear cut areas within the
Company's claim groups. Timber harvesting is also ongoing
along the main valley-bottom road and has exposed many acres for
further exploration that otherwise would have been covered by heavy
timber. The combined timber harvesting, road and bridge
construction have provided Jet Gold major cost savings and has
accelerated efforts required to define immediate drill targets.
In addition, the Company has submitted a
multi-year exploration permit (Notice of Work) on the Kshish
molybdenum property. This permit is for a multi-phase program
which includes diamond drilling on the known mineralized zones as
well as drilling on areas of anomalous molybdenum in soils.
Airborne geophysics, general prospecting and geological mapping are
scheduled for July 2011. This work will follow-up on work
completed in 2007 and assist in defining drill targets.
For more information about the Company, please
visit www.jetgoldcorp.com.
On behalf of the board of directors,
Jet Gold Corp.
"Brad J. Moynes"
Brad J. Moynes
President & CEO
"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."
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.
SOURCE Jet Gold Corp.