Jet Gold grants stock options

VANCOUVER, June 4, 2012 /CNW/ – JetGold Corp. (TSX-V: JAU) (the "Company") announced today it has granted 500,000 incentive stock options to directors, officers and consultants at an exercise price of $0.15 for a period of 2 years in accordance with Jet Gold's stock option plan (as such term is defined under TSX Venture Exchange policies).

JetGold is a Canadian resource exploration company actively developing gold, silver, iron ore, zinc, and tellurium mineral resource properties in British Columbia, Canada. The company is currently undertaking exploration of two precious metal properties [Big Hammer] and an iron ore property [Nadina].


Big Hammer   Gold/Silver/Tellurium (Au/Ag/Te) property located 13 km southeast of Terrace
Silver Bay   Silver/Lead/Zinc/Gold (Ag/Pb/Zn/Au) property located in west central BC
Nadina  Iron ore (Fe) property located in west central BC

JetGold is strategically investing in the Terrace and Smithers region of British Columbia, encouraged by the excellent road access and close proximity to abundant power, water, CN Rail lines, and the deep water container port at Prince Rupert.  The Fairview Terminal at Prince Rupert is an important part of the Government of Canada's "Asia-Pacific Gateway & Corridor Initiative" and the Province of British Columbia's "Pacific Gateway" strategy.

Additional information can be found at:

On behalf of the Board of Directors,

Jet Gold Corp. (TSX.V: JAU)

"Brad J. Moynes"

Brad J. Moynes

President & CEO

Neither the 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 news release.

For further information:For corporate information, contact:

Brad Moynes at 604-601-2070

JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 F: 604-683-8125