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Jet Gold: Website Update PDF Print E-mail
Thursday, 20 May 2010 15:44

JET GOLD CORP – WEBSITE UPDATE

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
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Last Updated on Thursday, 20 May 2010 15:50
 

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