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Jet Gold Appoints New Chairman & CEO

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 24, 2012) - Jet Gold Corp. (TSX VENTURE:JAU) (the "Company") is pleased to announce the appointment of Mr. Peter Hogendoorn as Chairman & Chief Executive Officer. Mr. Hogendoorn brings to Jet Gold a wealth of more than 20 years of international business financing experience, having facilitated financing of more than $70MM for both public and private companies. Most recently, he has successfully raised financing of over $22MM for mining ventures. Mr. Hogendoorn is a current Director of IndoTerra Resources Corp., a private mining company with operations in Indonesia.

Brad Moynes remains as Director & President.

In announcing the appointment, Brad Moynes stated, "Mr. Hogendoorn's extensive business financing experience makes him exceptionally well qualified for the position as Chairman & CEO. His insight will help the Company work to continually build shareholder value, and he will be an extremely valuable asset to Jet Gold."

Jet Gold is a Canadian resource exploration company actively developing gold, silver, iron ore, zinc, and tellurium mineral resource properties strategically located in the Skeena and Omineca mining districts of British Columbia, Canada.

Additional information can be found at: www.jetgoldcorp.com

On behalf of the Board of Directors,

Jet Gold Corp. (TSX VENTURE:JAU)

Brad J. Moynes, Director & President

FOR FURTHER INFORMATION PLEASE CONTACT:
Jet Gold Corp. - Corporate Information
Brad J. Moynes
Director & President
604-601-2070
604-683-8125 (FAX)
www.jetgoldcorp.com

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