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News Releases
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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

August 9, 2007
Trading Symbol: JSP (TSX-V)
News Release No. 06-161

NEWS RELEASE

PROSPECTING RESULTS FROM McFARLANE PROPERTY

Jasper Mining Corporation has recently completed further exploration on its McFarlane property, including prospecting the area east of the Crawford Stock, extending from the Ben Derby adit to the area of the 2006 - 07 drill program. The purpose of the program was to follow-up on high grade molybdenum results from both the 2006 and the 2007 drill programs. Hole 5 (2007) returned a 7.3 metre interval having a weighted average value of 0.889% molybdenum, comprised of a quartz plus pyrite plus molybdenum vein(s) within a granite host (see Press Release dated July 4, 2007).

The long lost Ben Derby adit which was driven more than 75 years ago was found by one of Jasper’s prospectors in 2006 and made safe and entered in 2007. The adit was driven approximately 50 m along a molybdenum-bearing quartz vein on an azimuth of approximately 060/. The vein is 1.2 m thick and contains disseminated molybdenum at the adit entrance, with molybdenum grade increasing to the east along the length of the adit. The vein is associated with coarse to very coarse muscovite, interpreted as an indication of potassium alteration. A total of five samples were taken from the vein along its length for a determination of molybdenum content.

Molybdenum-bearing veins were identified along the new road between the 2006 - 07 drill pads. Veins in this area range from thin fractures with sericitic haloes extending up to several cm into the host metasediments through quartz veins with or without sericitic haloes to molybdenum-bearing quartz plus or minus muscovite plus or minus pyrite veins up to 30 cm thick. A 34 m interval was chip sampled along the road to determine molybdenum content, both within the 3 molybdenumbearing veins identified and within the host metasediments (which may contain additional molybdenum-bearing veins).

The molybdenum-bearing vein developed by the Ben Derby adit trends toward the area hosting molybdenum-bearing veins on the road slightly south of the pad 4 (for 2006 holes 5 through 7). Hole 5 (2007) was approximately 180 m south of 2006 pad 4 and, therefore, approximately 150 m south-southeast of the molybdenum-bearing veins exposed (and sampled) along the roadcut. On the basis of this information, management believes there is a swarm of veins extending east (azimuth 060/) of the Ben Derby adit toward the area of the 2006 - 07 drilling. The veins vary from thin fractures to thick (up to 1.2 m thick) quartz veins with variably developed sericitic alteration haloes with or without coarse-grained muscovite, with or without pyrite and with or without molybdenum. Taken together with the Ben Derby Adit, the area thus defined is 100 m wide by 900 m long along an azimuth of 060/. If all holes from 2006 are included (all of which documented narrow, high grade molybdenum intercepts), the area containing potential for identification of high grade molybdenum-bearing veins increases to 500 m by 900 m.

The orientation of molybdenum-bearing veins identified through prospecting, show that the drill holes completed in 2006-07 were poorly oriented and did not test the veins. The holes were all drilled toward the east, with azimuths varying between 066/ and 114/, so as to be oblique to the trend of the metasediments and the veins.

Management remains very encouraged by the results of the 2006-07 program, specifically the potential for identification of high grade molybdenum mineralization with the possibility of significant tonnage.

The McFarlane property is located immediately west of Kootenay Lake near the community of Gray Creek, BC. The property is adjacent to and is contiguous with the Company’s Lydy property. Together the Lydy and McFarlane properties comprise a composite property of 10,524 acres encompassing an area 11 km east-west by 4 km north-south. The Lydy property and the McFarlane property are 100% owned by Jasper and have potential for molybdenum plus copper and/or gold mineralization.

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

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

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