Jaeger Resources Corp. provided an update on its gold exploration program. Grab sampling of several scattered outcrops was undertaken.

Analytical results were not encouraging except for one sample which reported an elevated copper concentration of 1280 ppm with 1.3 ppm silver. Chalcopyrite was noted in the sample which was a quartz vein intruding the Moyie gabbro. No further work is warranted at this time.

The Company is also reviewing another gold property that may have some potential.