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News Releases
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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

June 20, 2008
Trading Symbol: JSP (TSX-V)
News Release No. 08-185

NEWS RELEASE

JASPER MINING CORPORATION - MANAGEMENT DISCUSSION OF RESULTS TO DATE ON MCFARLANE PROPERTY

Jasper Mining Corporation (the “Company”) continues to receive anomalous to high grade molybdenum results from almost every hole reported to date as part of its Phase II drill program on the McFarlane property. A total of 93 holes have been completed on the property, with 81 completed in Phase II.

To summarize the program to date, the Company’s initial exploratory program in 2006 consisted of a total of 7 drill holes from 3 drill pads, resulting in recovery of 1,821 metres of drill core, intended to follow-up anomalous surface soil results. The subsequent Phase I program in 2007 comprised 5 drill holes from 5 pads, totaling 1,210 metres of drill core, intended to evaluate more aggressive anomalies proposed by Aeroquest from their airborne geophysical survey flown in 2006. The subsequent Phase II drill program of 81 drill holes was initiated to test a mineralized vein system identified between two adits documented on the property (see News Release dated January 21, 2008). Phase II drilling commenced in the fall of 2007, with an initial 21 drill holes completed by mid-December.

Since re-mobilizing to the property on Feb. 12, 2008 to continue the Phase II program, a total of 60 additional drill holes have been completed along the existing road network between the two adits, resulting in recovery of approximately 14,580 metres of drill core. Therefore, approximately 17,600 m of drill core has been recovered by the Company from the McFarlane property to date. Drill holes vary between 100 and 370 m in length and have been drilled to further develop and evaluate a molybdenite-bearing vein system which contains very encouraging grades of mineralization as documented in hundreds of mineralized intercepts documented to date.

Management is very encouraged by the results of the Phase II program to date, particularly with documented molybdenite grades to 3.235 % Mo (5.396% MoS2) over 0.26 m, and multiple composite widths exceeding 0.100% (0.167% MoS2) up to 2.83 m (Note: not true width).

Anomalous molybdenite mineralization exceeding 100 ppm has been documented in hundreds of intercepts and from virtually every hole completed to date. Molybdenite mineralization varies from coatings several mm thick along vein contacts through fine- to very coarse-grained disseminations within quartz veins up to 1.6 m thick. Visually pure molybdenite veins up to 2 cm thick have also been documented (including a vein sub-parallel to core that returned 0.889% over 7.3 m - News Release dated July 12, 2007). The vein system generally trends east-west with dip varying between steeply north and steeply south dipping. Quartz monzonite is the predominant host lithology, with overlying metasediments (metamorphosed sediments) hosting a subordinate proportion of molybdenite-bearing veins. Mineralized veins typically consist of quartz +/- pyrite +/- sericite +/- alkali feldspar.

While no resource estimate has been made, the Company believes it is in the process of delineating a high grade vein-hosted molydenite deposit. The Phase II program has been, and continues to be, undertaken to identify the limits of the mineralized vein system and develop continuity between veins within the vein system, both along trend (strike) and to depth (down-dip). To this end, the extent of the mineralized vein system documented to date is approximately 920 m northeast - southwest by 400 m wide (northwest - southeast), with the two adits separated by 480 m within the mineralized trend. The mineralized trend has high grade molybdenum at surface in the 2 adits and extends to a depth of at least 175 m vertical and remains open at depth. The western end of the trend is defined by the Ben Derby adit, in which high grade molybdenite mineralization has been described (and sampled - see News Release dated October 22, 2007). The eastern end of the trend is defined by mineralization noted in Holes 75 - 77, recently completed from a single pad, having the same azimuth, with inclinations of -45 degrees, -55 degrees and -65 degrees, respectively. Therefore, the high grade mineralized molybdenum trend remains open along the vein system in both directions and at depth.

Mineralized quartz veins have been documented as sub-surface intercepts in drill holes, surface veins (chip sampled) and as veins exposed within both adits (grab samples - see News Release dated October 22, 2007). Mineralization noted within both adits consists of relatively large masses of high grade molybdenite mineralization intimately associated with pyrite and sericite, separated by visually barren quartz veins (with pyrite +/- sericite). Therefore, management believes many of the visually barren to low grade intercepts described in the core, having all the characteristics of high grade molybdenite-bearing veins (quartz +/- pyrite +/- sericite +/- alkali feldspar) may represent locations adjacent to higher grade mineralization in a manner analogous to the “nugget effect” associated with gold mineralization. More specifically, veins recovered in drill core having all the visual characteristics of a high grade molybdenite-bearing vein, yet appearing barren or containing only low grade mineralization, may represent a mineralized vein similar to those exposed within the adits (as described above), in which the drill has passed between mineralization present within the vein.

In addition, an Induced Potential (IP) geophysical survey was completed as part of Phase II on the property by S.J. Geophysics of Delta, BC, earlier this year (see News Release dated January 21, 2008). The survey grid consisted of 11 tightly spaced survey lines approximately 560 metres in length, having a line spacing of 50 metres. The lines were oriented at an azimuth of approximately 330 degrees and, therefore, oriented approximately perpendicular to the interpreted trend of the molybdenite mineral vein system. The total surveyed grid comprised 5.76 km and was completed to evaluate the response of: a) high grade molybdenite-bearing quartz veins, b) the host quartz +/- veins and/or c) the sericite +/- alkali feldspar (potassic alteration) accompanying the mineralized veins. The results of the IP survey have been received and reviewed by the Company, with several Resistivity and Chargeability anomalies identified and subsequently drill tested.

In 2007, additional mineral tenures were acquired so as to control sufficient area with which to evaluate the mineral potential believed to exist on the McFarlane property, resulting in a contiguous property with an area of 3,058 ha (7,556 acres). The resulting property covers two adits reported on the property (Ben Derby MINFILE occurrence 082FNE125), as well as the area underlying previous exploration programs for molybdenum. Furthermore, the resulting property is now contiguous with the adjacent Lydy property. Together, the McFarlane and Lydy properties comprise a composite property encompassing an area 11 km east-west by 4 km north-south, totaling 4,259 ha (10,524 acres). Both the Lydy and McFarlane properties are 100% owned by the Company with potential for molybdenum plus copper plus/minus gold mineralization. In an interesting recent development, all available ground around the McFarlane - Lydy property has been covered by Mineral Tenures by competitors, extending for a considerable distance in all directions.

Highly anomalous molybdenum values have been reported immediately north of the common boundary between the McFarlane and Lydy properties, approximately 7.5 km east-northeast of the mineralized vein system currently under evaluation by the Company. In addition, an anomalous Mo + Cu soil geochemical trend has been defined, extending from the west edge of the McFarlane property east-northeast through the McFarlane property eastward toward the Lydy property. This trend will be evaluated by the Company in future exploration programs as it is considered an important mineral trend for the contiguous McFarlane - Lydy property. Additional diamond drilling has been proposed for the Lydy property to evaluate mineral potential on the west side of this contiguous property.

Analytical results, as received from Acme Analytical Laboratories Ltd. (“Acme”), are reported as values in ppm for results less than 2000 ppm (Group 1DX analysis), and as a percent value (%) when greater than 2000 ppm (for Group 7KP re-analysis of higher grade samples). Therefore, results reported by the Company to date have been reported as Mo, in both ppm and % values. A resource estimate for the property would comprise an estimate for molybdenum as molybdenite (MoS2), the mineral under consideration for possible production. The Company intends to have a resource estimate, both as to grade and tonnage, within a few weeks. Therefore, all future News Releases by the Company pertaining to molybdenum will include equivalent values as MoS2.

Extensive delays have been previously reported for submissions made to Acme. Discussions with Acme representatives appear to have resolved this issue, with analytical results from recent submissions received within three weeks. Therefore, samples from drill core continue to be submitted for analysis to Acme in Vancouver, BC. Quantitative analytical results will continue to be released as received and evaluated by the Company.

This press 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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