eResearch Issues Initiating Report on Jet Gold Corp.

Toronto, May 24, 2007 – eResearch analysts, Beverly Brooks, MA (Economics), MBA, and Bob Leshchyshen, B.A., MBA, CFA have written an Initiating Report on Jet Gold Corp. (TSX-V: JAU). Jet Gold is a junior resource company with coal properties in northern British Columbia, gold properties in Canada and Myanmar, and oil and natural gas properties in Texas.

The report’s Highlights state the following:

· The Company’s main focus is its Naskeena coal project in northern B.C.
· A NI 43-101 resource estimate on Naskeena is expected later this year.
· The historic resource estimate on Naskeena is 240 million tonnes: high carbon; low ash; low sulphur.
· Production start-up at Naskeena has not yet been determined.
· Texas oil & gas interests now generate moderate revenue.
· Gold exploration activities in Canada and Myanmar are still at an early stage.