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News Releases
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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 5, 2007
Trading Symbol: JSP (TSX-V)
News Release No. 07-167

NEWS RELEASE

JASPER MINING CORPORATION CLOSES $700,000 PRIVATE PLACEMENT WITH MINERALFIELDS GROUP

Jasper Mining Corporation (TSXV:JSP) is pleased to announce that further to its news release of October 5, 2007 it has now completed the final portion of its non-brokered private placement and accordingly has issued 1,750,000 flow-through units (the “FT Units”) of the Company at a price of $0.40 per FT Unit for gross proceeds to the Company of $700,000.

First Canadian Securities® acted as the finder with respect to this financing. As consideration for its participation in the offering, the finder received a cash commission equal to 6%of the total proceeds raised for a total of $42,000 was issued finders fee options equal to 8% of the total number of FT Units sold and was paid a 2% due diligence fee totalling $14,000 plus GST. As previously disclosed (refer to October 5, 2007 news release), each finders fee option issued in connection with FT Units sold (140,000 finders fee options) is exercisable into one unit at a price of $0.40 per unit.

All of the securities issued pursuant to this private placement are subject to a four month hold period. The hold period for the 1,750,000 FT Units and the corresponding finder’s fee options expires on March 2, 2008.

“We are very pleased to be commencing our relationship with MineralFields Group”, said Gordon Dixon, Chairman of the Corporation. “This is an important milestone in the growth of Jasper Mining Corporation and we look forward to working with MineralFields Group as we develop our properties in B.C.”

MineralFields Group (a division of Pathway Assets Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities® is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within, and outside of, MineralFields Group.

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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