Trading Symbol: JSP (TSX-V)
CALGARY, Feb. 28 /CNW/ - Jasper Mining Corporation (the "Company") is
pleased to announce that it has completed the acquisition of the Crown Grants
on its Vowell Creek / Ruth Vermont Creek property.
The Company acquired the 6 Crown Grants known as the "Ellen D",
"Buckskin", "Robert E. Burns", "Nugget", "Rider" and "Highland Mary"
(announced in Press Release dated July 19, 2005) which was approved by the TSX
Venture Exchange on September 28, 2005. These claims were originally granted
by the Crown in 1894.
The Company also acquired the 13 Crown Grants known as the "Lion",
"Unicorn", "Mazeppa", "Charlotte Fraction", "Ruth No. 2", "Eureka", "Wild
Horse", "White Horse", Golden Bluff", "Agnes Fraction", "Black Horse", "Agnes"
and "Syenite Bluff" (announced in Press Release dated August 30, 2005) which
was approved by the TSX Venture Exchange on September 28, 2005. These claims
were originally granted by the Crown in 1896.
Although a number of adits and considerable prospecting has been done on
these claims over the last 110 years, no serious exploration, drilling or
geophysics has been carried out on the claims. These Crown Grants were
originally acquired because they all had considerable surface mineralization.
It is intended to carry out some work on these properties during the 2006
field season.
The acquisition of these claims represents surface and mineral
occurrences within or at the edge of the Company's Vowell Creek / Ruth Vermont
Creek properties.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
