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News Releases
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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

May 15, 2007
Trading Symbol: JSP (TSX-V)
News Release No. 06-156

PRESS RELEASE

JASPER MINING CORPORATION MOBILIZES
DIAMOND DRILL ONTO McFARLANE PROPERTY

Jasper Mining Corporation (the “Company”) is pleased to announce it has mobilized a diamond drill to its 100% owned McFarlane property, located immediately west of Kootenay Lake near the community of Gray Creek, BC. The property is adjacent to, and is contiguous with, the Lydy property. Together, the Lydy and McFarlane properties are 4,259 ha (10,524 acres), encompassing an area 11 km east-west by 4 km north-south. The Lydy and the McFarlane properties are 100% owned by the Company and are interpreted to have potential for molybdenum, plus copper plus/minus gold mineralization.

The property overlies the eastern edge of the Crawford Stock, an intrusion of biotite granite of Cretaceous age correlated to the Bayonne Magmatic Belt. Many of the Cretaceous intrusions of the Bayonne Magmatic Belt are characterized by strong aeromagnetic signatures, either within the intrusion itself or as a halo in the surrounding host rocks, and are associated with anomalous molybdenum mineralization. The Crawford Stock is associated with a prominent magnetic anomaly evident on regional geophysical maps. Previous soil and diamond drill programs have documented anomalous molybdenum (plus/minus tungsten) in the area currently covered by the property. Furthermore, the property’s western boundary is located approximately 1 km west-southwest of the Sphinx property, for which an Inferred Resource of 62,005,615 tonnes grading 0.035% molybdenum
using a cut-off grade of 0.01% molybdenum was recently announced (Eagle Plains Press Release May 9, 2006). The resource is associated with an interpreted Cretaceous age intrusive body, with mineralization occurring as “disseminations and within quartz-pyrite stockwork veins hosted by both sedimentary and intrusive rocks”.

Additional interpretation was completed on the airborne geophysical survey on the McFarlane property to further define geophysical anomalies tentatively interpreted to represent speculative molybdenum targets. The interpretation was undertaken by Aeroquest Limited (“Aeroquest”) on the data acquired through the airborne geophysical program completed in 2006 (see Press Release
dated August 3, 2006).

The property has been previously drilled with analyses of up to 0.8% molybdenum over 1.22 m reported from diamond drilling in 1981 (see Press Releases dated May 30, 2006) and a number of high grade intervals including 1.3% molybdenum over 0.22 m (see Press Releases dated July 27, 2006) reported by the Company from its 2006 drill program.

The 2007 drill program is intended to test two of the more speculative picks made in the detailed interpretation of airborne geophysical results received from Aeroquest, interpreted to potentially represent molybdenum mineralization. A total of four additional pads have been proposed to test prominent magnetic geophysical anomalies, interpreted to be satellite intrusives associated with the Cretaceous Crawford Stock. The drill holes are intended to test the transition from less magnetic host lithologies into two separate and distinct, strongly magnetic anomalies. A total of six pads have been approved for drilling. Two lie north of McFarlane Creek and are accessible by vehicle, while the remaining four will utilize helicopter support. Results from early holes will dictate whether later holes will be drilled or whether more than one hole will drilled from any given pad. Average hole depth is expected to be approximately 300 m.

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