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News Releases
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November 13, 2008:
JASPER MINING CORPORATION ANNOUNCES AN AMENDMENT TO PRIVATE PLACEMENT TO RAISE UP TO $2,500,000 BY THE ISSUANCE OF FLOWTHROUGH SHARES

November 4, 2008:
JASPER MINING CORPORATION CLOSES $37,000 PRIVATE PLACEMENT

November 3, 2008:
JASPER MINING CORPORATION - FURTHER HIGH GRADE RESULTS FROM DIAMOND DRILL PROGRAM ON ISINTOK PROPERTY

October 28, 2008:
JASPER MINING CORPORATION MORE HIGH GRADE MOLYBDENUM RESULTS FROM MCFARLANE PROPERTY

October 27, 2008:
JASPER MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT TO RAISE UP TO $2,500,000 BY THE ISSUANCE OF FLOW-THROUGH SHARES

October 20, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE MOLYBDENUM RESULTS FROM MCFARLANE PROPERTY

October 15, 2008:
JASPER MINING CORPORATION
REPORTS DISCOVERY HOLE FROM ISINTOK PROPERTY 94.67 M GRADING 0.086% CU AND 0.015% MO (0.026% MOS2)

September 29, 2008:
JASPER MINING CORPORATION CLOSES $1,179,040 PRIVATE PLACEMENT WITH ANACORT CAPITAL INC.

September 29, 2008:
JASPER MINING CORPORATION MORE HIGH GRADE RESULTS FROM ISINTOK PROPERTY

September 25, 2008:
JASPER MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT TO RAISE UP TO $111,000

September 4, 2008:
JASPER MINING CORPORATION - INITIAL DRILL RESULTS FROM 2008 EXPLORATION PROGRAM ON ISINTOK PROPERTY

September 2, 2008:
JASPER MINING CORPORATION AMENDS EXPIRATION DATE OF SHARE OPTION GRANTS

August 28, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE MOLYBDENUM AND TUNGSTEN RESULTS FROM MCFARLANE PROPERTY

August 21, 2008:
JASPER MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT TO RAISE UP TO $1,200,000 WITH ANACORT CAPITAL INC.

July 23, 2008:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

July 11, 2008:
JASPER MINING CORPORATION CONTINUES TO ANNOUNCE HIGH GRADE MOLYBDENUM RESULTS FROM MCFARLANE PROPERTY

July 8, 2008:
JASPER MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT TO RAISE UP TO $2,600,000.00 WITH MINERALFIELDS

July 2, 2008:
JASPER MINING CORPORATION COMMENCES 2008 EXPLORATION PROGRAM ON ISINTOK PROPERTY

June 24, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE MOLYBDENUM RESULTS FROM THREE MORE HOLES ON MCFARLANE PROPERTY

June 20, 2008:
JASPER MINING CORPORATION - MANAGEMENT DISCUSSION OF RESULTS TO DATE ON MCFARLANE PROPERTY

May 29, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE MOLYBDENUM RESULTS FROM FOUR MORE HOLES ON MCFARLANE
PROPERTY

May 26, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE ANALYTICAL RESULTS FROM MCFARLANE PROPERTY

May 6, 2008:
JASPER MINING CORPORATION ANNOUNCES FURTHER HIGH GRADE ANALYTICAL RESULTS FROM MCFARLANE PROPERTY AND SOME CORRECTIONS TO THE PRESS RELEASE OF MAY 2, 2008

May 2, 2008:
JASPER MINING CORPORATION ANNOUNCES HIGH GRADE ANALYTICAL RESULTS FROM DRILL PROGRAM ON MCFARLANE PROPERTY

April 11, 2008:
JASPER MINING CORP. COMPLETES $21,000 NON-BROKERED FINANCING

April 8, 2008:
JASPER MINING CORPORATION UPDATE FOR DRILL PROGRAM ON MCFARLANE PROPERTY

April 4, 2008:
JASPER MINING CORP. COMPLETES $133,000 NON-BROKERED FINANCING

April 2, 2008:
JASPER MINING CORPORATION TO RAISE AN ADDITIONAL $21,000

March 12, 2008:
JASPER MINING CORPORATION UPDATE FOR DRILL PROGRAM ON MCFARLANE PROPERTY

March 7, 2008:
JASPER MINING CORPORATION TO RAISE $133,000

March 4, 2008:
JASPER MINING CORP. COMPLETES $367,500 NON-BROKERED FINANCING

Febuary 25, 2008:
JASPER MINING CORPORATION TO RAISE $367,500

January 21, 2008:
JASPER MINING CORPORATION INITIATES IP GEOPHYSICAL PROGRAM
AND FURTHER DRILLING ON MCFARLANE PROPERTY

December 19, 2007:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

December 11, 2007:
JASPER MINING CORPORATION CONTINUES DRILL PROGRAM ON MCFARLANE PROPERTY

December 6, 2007:
JASPER MINING CORPORATION CLOSES $150,000 PRIVATE PLACEMENT

November 19, 2007:
JASPER MINING CORPORATION COMMENCES FOLLOW-UP DRILL PROGRAM ON MCFARLANE PROPERTY

November 5, 2007:
JASPER MINING CORPORATION CLOSES $700,000 PRIVATE PLACEMENT WITH MINERALFIELDS GROUP

October 26, 2007:
JASPER MINING CORPORATION CLOSES $2,800,000 PRIVATE PLACEMENT WITH MINERALFIELDS GROUP

October 25, 2007:
JASPER MINING CORPORATION ANNOUNCES FOLLOW-UP EXPLORATION PROGRAM FOR MCFARLANE PROPERTY

October 5, 2007:
JASPER MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT TO RAISE UP TO $3,500,000.00 WITH MINERALFIELDS

September 19, 2007:
FINAL SOIL RESULTS FROM ERIE CREEK PROPERTY

August 9, 2007:
PROSPECTING RESULTS FROM McFARLANE PROPERTY

July 12, 2007:
MANAGEMENT DISCUSSION ON LATEST HIGH GRADE MOLYBDENUM RESULTS FROM McFARLANE PROPERTY; 0.889% Mo OVER 7.3 M.

July 4, 2007:
JASPER MINING CORPORATION ANNOUNCES A HIGH GRADE MOLYBDENUM INTERVAL OF 7.3 METRES GRADING 0.889% MOLYBDENUM ON THE McFARLANE PROPERTYK

June 28, 2007:
JASPER MINING CORPORATION ANNOUNCES FURTHER RESULTS; ADDITIONAL DRILLING ON ERIE CREEK

May 28, 2007:
JASPER MINING CORPORATION DRILLS MULTIPLE HOLES CONTAINING MOLYBDENUM, COPPER AND TUNGSTEN AT ERIE CREEK

May 15, 2007:
JASPER MINING CORPORATION MOBILIZES DIAMOND DRILL ONTO McFARLANE PROPERTY

April 27, 2007:
JASPER MINING CORPORATION ANNOUNCES INITIAL RESULTS FROM ERIE CREEK PROPERTY

April 9, 2007:
JASPER MINING CORPORATION - MANAGEMENT DISCUSSION OF
RESULTS FROM 2006 EXPLORATION PROGRAM ON ISINTOK PROPERTY

March 27, 2007:
JASPER MINING CORPORATION - DIAMOND DRILL RESULTS FROM 2006 EXPLORATION PROGRAM ON ISINTOK PROPERTY

March 9, 2007:
JASPER MINING CORPORATION ACQUIRES ADDITIONAL TENURES BETWEEN LYDY AND MCFARLANE PROPERTIES

February 16, 2007:
JASPER MINING CORPORATION MOBILIZES ON TO ERIE CREEK PROPERTY

February 9, 2007:
JASPER MINING CORPORATION DISCUSSION OF SOIL RESULTS FROM ERIE CREEK PROPERTY AND THE ADDITION OF 5 MINERAL TENURES

January 23, 2007:
JASPER MINING CORPORATION 2007 UPDATE

December 21, 2006:
JASPER MINING CORP COMPLETES $50,000.00 NON-BROKERED FINANCING

December 14, 2006:
JASPER MINING CORPORATION - MANAGEMENT DISCUSSION ON RESULTS OF 2006 EXPLORATION PROGRAM ON ISINTOK PROPERTY

December 12, 2006:
JASPER MINING CORPORATION ANNOUNCES COMPLETION
OF 2006 EXPLORATION PROGRAM ON ISINTOK PROPERTY

December 11, 2006:
JASPER MINING CORPORATION TO RAISE $50,000.00 BY WAY OF PRIVATE PLACEMENT

November 29, 2006:
JASPER MINING CORPORATION ANNOUNCES SOIL RESULTS FROM ERIE CREEK PROPERTY

November 10, 2006:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

November 1, 2006:
JASPER MINING CORPORATION ACQUIRES ADDITIONAL McFARLANE CELLS

October 25, 2006:
JASPER MINING CORPORATION COMMENCES IP GEOPHYSICAL SURVEY ON ISINTOK PROPERTY

October 18, 2006:
JASPER MINING CORPORATION ANNOUNCES RESULTS FROM
DIAMOND DRILL PROGRAM ON IRONY PROPERTY

October 17, 2006:
JASPER MINING CORPORATION CONTINUES DIAMOND DRILLING ON ISINTOK PROPERTY

September 29, 2006:
JASPER MINING CORPORATION ANNOUNCES RESULTS OF AIRBORNE GEOPHYSICAL PROGRAM ON SAWYER PROPERTY

September 28, 2006:
JASPER MINING CORPORATION DISCUSSION OF RESULTS FROM DRILL PROGRAM ON ISINTOK PROPERTY

September 26, 2006:
JASPER MINING CORPORATION ANNOUNCES FINAL RESULTS FROM DRILL PROGRAM ON ISINTOK PROPERTY

September 6, 2006:
JASPER MINING CORPORATION ANNOUNCES AIRBORNE GEOPHYSICAL RESULTS FROM STORM KING PROPERTY

September 5, 2006:
JASPER MINING CORPORATION ANNOUNCES RESULTS OF AIRBORNE GEOPHYSICAL PROGRAM ON SANCA PROPERTY

September 5, 2006:
JASPER MINING CORPORATION COMMENCES DIAMOND DRILL PROGRAM ON IRONY PROPERTY

August 29, 2006:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

August 28, 2006:
JASPER MINING CORPORATION ANNOUNCES ADDITIONAL RESULTS FROM DRILL PROGRAM ON ISINTOK PROPERTY

August 11, 2006:
JASPER MINING CORPORATION ANNOUNCES CORRECTION ON INITIAL RESULTS FROM DRILL PROGRAM ON ISINTOK PROPERTY

August 10, 2006:
JASPER MINING CORPORATION ANNOUNCES INITIAL RESULTS FROM DRILL PROGRAM ON ISINTOK PROPERTY

August 3, 2006:
JASPER MINING CORPORATION ANNOUNCES RESULTS OF AIRBORNE GEOPHYSICAL SURVEY ON McFARLANE PROPERTY

August 1, 2006:
JASPER MINING CORPORATION ANNOUNCES RESULTS OF AIRBORNE GEOPHYSICAL SURVEY ON LYDY PROPERTY

June 26, 2006:
JASPER MINING CORPORATION ANNOUNCES COMMENCEMENT OF AEROQUEST AIRBORNE GEOPHYSICAL SURVEY ON CRETACEOUS GRANITE PROJECT

June 6, 2006:
JASPER MINING CORPORATION - MANAGEMENT SPECULATION REGARDING RESULTS OF RECENT GEOPHYSICAL SURVEY ON IRONY PROPERTY

June 1, 2006:
JASPER MINING CORPORATION ANNOUNCES COMPLETION OF AIRBORNE SURVEY ON IRONY PROPERTY

May 30, 2006:
JASPER MINING ANNOUNCES MOBILIZATION OF DRILL ONTO MCFARLANE PROPERTY

May 9, 2006:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

May 5, 2006:
JASPER MINING CORPORATION ANNOUNCES COMPLETION OF AIRBORNE SURVEY ON PROXIMAL PROPERTY AND ACQUISITION OF ADDITIONAL MINERAL TENURE

April 28, 2006:
JASPER MINING CORPORATION GRANTS SHARE OPTIONS

April 24, 2006:
JASPER MINING CORPORATION ACQUIRES ADDITIONAL ISINTOK CELLS

JASPER MINING CORPORATION
1020, 833 - 4TH AVENUE S.W.
CALGARY, ALBERTA, T2P 3T5
TELEPHONE: (403) 297-9480, FAX: (403) 266-1487

November 19, 2008
Trading Symbol: JSP (TSX-V)
News Release No. 08-206

NEWS RELEASE

JASPER MINING CORPORATION - FURTHER HIGH GRADE RESULTS FROM 2008 DIAMOND DRILL PROGRAM ON ISINTOK PROPERTY

Jasper Mining Corporation (the “Company”) has received additional analytical results from the top of holes 34 and 36, as well as additional infill sampling for hole 18 (previously released) from its 100% owned Isintok property. The property comprises approximately 2,839 ha (7,015 acres or approximately 11.0 square miles), covering the drainage divide between McNulty and Isintok creeks. The property is located west of the Okanagan Valley in south-central British Columbia, approximately 27 km west-southwest of Summerland and 20 km north of Hedley.

A total of 54 holes have been drilled by the company, with a total of 16 completed as part of the Company’s preliminary evaluation program and a further 38 completed as part of the highly successful 2008 exploration program. The 2008 holes were completed to evaluate sub-surface mineralization, of the porphyry mineralized resource corresponding to coincident surface soil and Induced Potential (geophysical) anomalies.

Hole IS-08-34 was drilled from the west side of the coincident soil / IP anomaly and oriented to the east (65 degrees) at -75 degrees. Vein density visually documented in the hole was the greatest of any hole recovered to date. As a result, Hole 34 is considered the discovery hole for a potential Cu - Mo +/- Ag +/-Au deposit at Isintok. Additional results have recently been received for the top portion of Hole 34. The following table includes all significant results from the hole to date.

Hole 36 was also drilled from the west flank of the coincident anomaly, from the same pad as Hole 34, oriented northeastward (45 degrees) at -60 degrees into mineralization controlled by steeply, generally west dipping structures. It is interpreted to have been drilled at a moderate angle to the controlling structures. Additional results have recently been received for the top portion of Hole 36. Again, the following table includes all significant results from the hole to date.

Results for hole 18 were previously released (see News Release dated September 3, 2008), however, additional sampling has been completed so as to complete sampling of mineralized intervals. Hole 18 was drilled from the east side of the coincident anomaly in a westerly direction at 270 degrees at -60 degrees. Hole 18 is approximately 250 metres southeast of holes 34 and 36. The Company is awaiting results from re-sampling in the middle portion of the hole so as to complete sampling of the hole from bedrock to the end of the hole. These results will be released when received. Hole 18 was the second hole completed of the 2008 program.

Management also wishes to emphasize the point that while the project is currently being evaluated as a Cu - Mo porphyry deposit, numerous very high grade molybdenum intercepts have been documented, with single sample intervals to 3.985% Mo (6.647% MoS2) over 0.32 m and composite intervals grading 0.055% Mo (0.092% MoS2) over 44.58 m. Local high grade values for silver (40.30 g/t over 1.18 m), Au (2.591 g/t over 1.18 m) and tungsten (0.25% over 1.12 m) have also been documented.

The following table is a compilation of high grade analytical results for copper +/- molybdenum +/- silver +/- gold for holes (IS-08-18, 34 and 36).
Hole
Number		 From
(m)		 To
(m)		 Width*
(m)		 Cu2
(%)		 Mo
(%)		 MoS23
(%)		 Ag
(g/t)		 Au
(g/t)
IS-08-18 7.00 12.23 5.23 0.092 0.015 0.025 1.02 0.346
including 7.43 7.64 0.21 0.077 0.242 0.404 1.10 0.031
including 10.82 11.71 0.89 0.320 0.021 0.035 3.80 0.123
including 11.71 12.23 0.52 0.239 0.013 0.022 1.6 0.050
24.26 69.31 45.05 0.562 0.047 0.078 2.538 0.074
including 51.97 52.68 0.71 0.360 0.070 0.117 1.900 0.034
including 56.99 58.51 1.52 0.891 0.007 0.012 2.900 0.104
including 58.51 58.87 0.36 11.218 0.118 0.197 40.30 2.592
including 59.91 60.04 0.13 1.092 0.005 0.008 5.000 0.019
including 60.04 61.31 1.27 1.334 0.004 0.007 10.30 0.144
including 61.89 62.49 0.60 5.151 0.035 0.058 33.10 0.645
including 62.49 63.34 0.85 1.186 0.047 0.078 12.90 0.080
including 64.62 66.14 1.52 2.927 0.667 1.113 16.60 0.217
including 66.14 67.66 1.52 4.862 0.534 0.891 8.00 0.359
69.14 69.63 0.15 0.487 0.002 0.003 1.80 0.021
85.37 85.59 0.22 1.044 0.000 0.003 2.20 0.048
96.62 108.68 12.06 0.437 0.042 0.070 2.674 0.099
including 97.64 97.88 0.24 1.363 0.004 0.007 9.00 0.109
including 98.14 99.66 1.52 0.553 0.041 0.068 3.80 0.051
including 99.66 101.18 1.52 0.300 0.024 0.040 1.90 0.025
including 102.71 104.23 1.52 0.400 0.005 0.008 2.90 0.036
including 104.23 105.76 1.53 0.692 0.053 0.088 3.80 0.048
including 105.76 106.87 1.11 0.209 0.009 0.015 3.80 0.704
including 106.87 107.42 0.55 1.237 0.378 0.631 2.40 41.60
including 107.42 108.50 1.08 0.337 0.079 0.132 0.90 0.018
including 107.42 108.50 0.18 0.348 0.002 0.003 0.80 0.017
110.24 111.86 1.62 0.504 0.039 0.065 7.40 0.215
IS-08-34 14.87 37.78 22.91 0.136 0.038 0.064 1.143 0.033
including 16.09 16.75 0.66 1.173 0.067 0.112 4.2 0.432
including 18.47 19.01 0.54 0.282 0.053 0.088 5.4 0.049
including 29.36 30.03 0.67 0.930 0.128 0.213 6.4 0.283
including 31.32 31.74 0.42 0.364 0.275 0.459 3.2 0.081
including 35.66 36.20 0.54 0.276 0.009 0.015 2.6 0.026
including 36.20 36.87 0.67 0.471 0.830 1.384 4.6 0.055
including 142.85 143.01 0.16 0.199 0.004 0.007 1.8 0.054
including 147.64 242.31 94.67 0.086 0.015 0.026 0.77 0.024
including 151.56 151.94 0.38 0.215 0.001 0.002 2.9 0.185
including 166.19 166.40 0.31 0.176 0.003 0.005 2.3 0.322
including 169.66 170.05 0.39 0.146 0.004 0.007 1.3 0.112
including 175.30 175.90 0.60 0.189 0.029 0.048 1.7 0.093
including 175.90 176.91 1.01 0.169 0.050 0.083 1.7 0.100
including 176.91 178.02 1.11 0.115 0.021 0.035 1.3 0.052
including 185.61 187.11 1.50 0.128 0.026 0.043 0.7 0.014
including 185.61 187.11 1.50 0.128 0.026 0.043 0.7 0.014
including 187.11 188.66 1.55 0.112 0.029 0.048 0.6 0.005
including 188.66 189.88 1.22 0.216 0.046 0.077 2.5 0.136
including 189.88 190.68 0.80 0.143 0.075 0.125 1.3 0.032
including 191.59 192.54 0.95 0.190 0.053 0.088 0.8 0.036
including 192.54 193.17 0.63 0.278 0.072 0.120 1.3 0.042
including 193.17 194.76 1.59 0.183 0.022 0.037 1.1 0.016
including 194.76 196.26 1.50 0.118 0.015 0.025 0.7 0.019
including 196.26 197.53 1.27 0.335 0.041 0.068 3.3 0.056
including 197.53 198.29 0.76 0.258 0.115 0.192 2.3 0.131
including 198.29 199.96 1.67 0.100 0.002 0.003 1.6 0.050
including 199.96 200.85 0.89 0.307 0.029 0.048 2.1 0.055
including 200.85 202.35 1.50 0.141 0.024 0.040 1.0 0.019
including 202.35 203.90 1.55 0.174 0.040 0.067 1.4 0.020
including 216.78 218.28 1.50 0.181 0.010 0.017 2.2 0.058
including 222.48 224.02 1.54 0.198 0.022 0.037 1.6 0.017
including 224.02 224.26 0.24 0.103 0.032 0.053 1.2 0.053
including 226.78 228.28 1.50 0.118 0.010 0.017 0.8 0.032
including 228.85 229.15 0.30 0.159 0.005 0.008 1.1 0.019
including 231.84 232.45 0.61 0.444 0.051 0.085 3.2 0.061
including 242.15 242.31 0.16 0.204 0.013 0.022 1.9 0.073
244.98 245.35 0.37 0.001 0.158 0.264 <0.1 0.006
IS-08-36 14.48 14.93 0.45 0.496 0.001 0.002 3.2 0.042
including 17.63 193.49 175.86 0.079 0.030 0.049 0.694 0.018
including 17.63 17.88 0.25 0.489 0.003 0.005 1.0 0.063
including 17.88 18.05 0.17 0.202 0.013 0.022 0.6 0.032
including 19.43 19.48 0.14 0.822 0.075 0.125 3.5 0.033
including 23.38 23.98 0.60 0.547 0.113 0.188 3.1 0.084
including 28.72 28.85 0.13 0.864 2.171 3.621 6.5 0.066
including 28.85 30.35 1.50 0.221 0.009 0.015 1.1 0.008
including 32.53 33.80 1.27 0.211 0.096 0.160 2.4 0.022
including 43.87 44.03 0.16 0.355 0.564 0.941 6.0 0.066
including 46.83 47.14 0.31 0.215 0.246 0.410 1.6 0.016
including 49.25 49.60 0.35 0.210 0.028 0.047 1.9 0.025
including 59.55 60.44 0.89 2.716 2.649 4.419 32.5 0.938
including 78.85 79.03 0.18 0.202 0.776 1.294 2.0 0.026
including 88.18 88.53 0.35 0.212 0.340 0.567 1.8 0.025
including 88.53 89.57 1.04 0.305 0.008 0.013 4.0 0.043
including 89.57 89.80 0.23 1.586 0.011 0.018 15.5 0.193
including 121.40 165.31 43.91 0.104 0.014 0.024 0.62 0.014
including 118.50 119.96 1.46 0.035 0.061 0.102 0.3 0.004
including 122.39 123.44 1.05 0.202 0.004 0.007 0.6 0.001
including 127.47 127.93 0.46 0.237 0.031 0.052 1.5 0.042
including 132.12 132.41 0.29 2.052 0.019 0.032 4.1 0.048
including 133.17 133.41 0.24 0.322 0.163 0.272 2.4 0.105
including 134.34 135.66 1.32 0.107 0.012 0.020 0.3 0.010
including 135.66 136.78 1.12 0.298 0.023 0.038 1.4 0.024
including 136.78 137.46 0.68 0.123 0.006 0.010 0.5 0.007
including 137.46 138.98 1.52 0.114 0.007 0.012 0.4 0.004
including 138.98 140.32 1.34 0.158 0.010 0.017 0.6 0.014
including 140.32 141.70 1.38 0.160 0.020 0.033 0.7 0.006
including 143.31 144.92 1.61 0.127 0.153 0.255 0.4 0.002
including 146.51 148.13 1.62 0.125 0.005 0.008 0.8 0.033
including 148.13 149.65 1.52 0.125 0.008 0.013 1.0 0.022
including 151.17 152.67 1.50 0.138 0.010 0.017 1.8 0.041
including 164.87 165.31 0.44 0.115 0.006 0.010 1.0 0.041
including 167.56 168.18 0.62 0.131 0.004 0.007 1.0 0.041
including 186.11 187.42 1.31 0.135 0.004 0.007 1.4 0.028

*The angle between the core axis and veins were all at an inclined angle and so widths are not true widths

Core in each of the sampled intervals was split, with one half submitted for analysis and one half retained for subsequent analysis. The core was submitted to Acme Analytical Laboratory Ltd in Vancouver, BC for Group 1DX analysis. Samples returning in excess of 10,000 ppm copper were re-submitted for Group 7AR analysis. Samples that returned Mo results greater than 2,000 ppm were re-submitted for Group 7KP - 0.50 gm analysis.

1 - Only single sample intervals having copper values greater than 0.3% were reported for Hole 18 in the table above.

2 - Conversion factor from Mo to MoS2 is 1.6681.

The additional analytical data for holes 18, 34 and 36 allowed determination of thicker mineralized intervals, as reported above. In addition, the results for Hole 34 are only those for the upper and lower portion of the hole, as many of the results for the interval between 37.78 and 130.14 m remain outstanding.

The intent of the 2008 drill program was to document a mineralized deposit having bulk tonnage potential returning an average grade in excess of 0.2% copper. This represents a 200% increase over the objectives of the 2006 program, which reported composite intervals having an average minimum grade of 0.1% Cu. Furthermore, given the significant increase in the relative proportion of molybdenum identified in each hole, together with multiple high grade intercepts and composite intervals reported, in future management will be including a copper equivalent value and reporting intervals having a grade in excess of 0.2% copper equivalent.

An initial copper equivalency calculation utilizes commodity prices quoted in the September 8 - 14, 2008 issue of The Northern Miner. (Note: commodity prices have fallen considerably since then, however, the same commodity prices have been utilized in the following table so as allow direct comparison of copper equivalency values between holes reported previously and those contained herein). In addition, the copper equivalency calculation assumes 100% recovery for all metals. As a result, the resulting values are presented herein solely for discussion purposes. Further work will be undertaken on the equivalency equation so as to produce more meaningful values in the future.

Preliminary copper equivalency (Cu. EQ.) results are presented in the following table:
Hole
Number		 From
(m)		 To
(m)		 Width
(m)		 Cu. EQ.1
(%)
IS-08-18 7.00 12.23 5.23 0.346
24.26 69.31 45.05 1.333
97.64 108.50 10.86 1.238
IS-08-34 14.87 37.78 22.91 0.747
147.64 242.31 94.67 0.339
IS-08-36 17.64 193.49 175.86 0.549

1 - The equation used to calculate the copper equivalent is as follows:

Cu. EQ (%) = ((Cu(%)*20* $Cu) + ((Mo%*20*1.5*$MoO3)) + ((Ag*($Ag/34.2857)) + (Au*($Au/34.2857))) ÷ (20*$Cu)

where $Cu = $3.26/lb, $MoO3 = $33.75/lb, Ag = $13.18/oz and Au = $802.50/oz. Note: The resulting Cu. EQ. value assumes 100% recovery of all metals. Furthermore, the values utilized for the metals was taken from the September 8 - 14, 2008 Northern Miner and so does not address expected trends in metal prices.

Management is very excited by continued high grade (Cu +/- Mo) results from drill holes completed in 2008 to test the coincident IP - soil anomaly. Management is unreservedly encouraged by continued results returned from the 2008 field program, confirming coincident surface soil and IP survey results, together with high grade, sub-surface mineralization. Drilling on the property as part of the 2008 field season has been completed, however, further analytical results will be reported as received.

This news release has been prepared by Richard T. Walker, B.Sc., M.Sc., P. Geo., the “Qualified Person” under National Instrument 43-101.

For further information contact:
Gordon F. Dixon, Q.C., President, Jasper Mining Corporation
Telephone (403) 297-9480, Fax (403) 266-1487,
email: xon@telus.net or visit Jasper’s website at www.jaspermining.com
Investor Relations inquiries may be directed to Robert Rowell, Telephone (403) 668-4880, email: ir@beaumontcapital.ca

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.