JET GOLD CORP – WEBSITE UPDATE

Vancouver, BC, May 20, 2010, Robert L. Card, President of Jet Gold Corp. (“Jet Gold” or the
“Company”) is pleased to report that its website “www.jetgoldcorp.com” has been updated with
additional information about Jet Gold’s new projects, mainly the recently acquired Big Hammer
gold and tellurium project (the “Big Hammer”). Power Point presentations of the properties
have also been added to the site.

The Big Hammer will be Jet Gold’s main exploration target this spring and summer. The recent
new highs in the price of gold and the general anticipation of higher prices in the coming months
make the “Hammer” a priority target for development this year. In addition to gold, the
Company will be looking carefully at the tellurium content of the Big Hammer mineralization.
Tellurium has become a very sought after mineral, as demand for its use in solar cell
manufacture and digital memory chips has increased its price from about US$10 per pound a few years ago to over US$200 per pound presently.

Consolidated Abaddon Drills 9 Metres 1.3% Lithium at Raleigh Lake Lithium and Rare Earth Project

Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) (the "Company") has completed a seven hole, 1464 metre, diamond drilling program at its Raleigh Lake Lithium (Li) and Rare Earth Elements (REE) property located in the Kenora Mining Division in northwestern Ontario.

Raleigh Lake Lithium project location map: http://www.consolidatedabaddon.com/s/Image.asp?i=maps/Ignace.jpg

Assaying (SGS Laboratories) was done by completing a 55 element suite of minerals. Significant results from the phase one drilling include 9.0 metres of 1.30% Li in hole RL10-2, 4.7 metres of 0.84% Li in hole RL10-1 including 2.2 metres of 1.10% Li and 1.0 metre of 1.33% Li, 5.5 metres of 0.77% Li in hole RL10-3, 9.6 metres of 0.48% Li in hole RL10-5, and 5.7 metres of 0.48% Li in hole RL10-6.

Canadian Orebodies Samples Up to 3.66% Li20 and Other High Grade Lithium/Rare Metals

Canadian Orebodies Inc. (TSX VENTURE: CO) ("Orebodies") is pleased to announce assay results from grab samples taken from 5 of its Lithium/Rare Metals properties all located in Ontario. The properties are owned 100% by Orebodies (subject to a 2% NSR, 50% of which can be purchased by Orebodies for $1,000,000).

Highlights
- Grab H467577 on the Falcon Property assayed

- 2.82% Li20 , 1,820 ppm Rb , 153 ppm Be , 218 ppm Cs , 60.8 ppm Nb .41.2 ppm Ta

- Grab H467583 on the Despard Property assayed

General Moly Announces Significant Investment from Hanlong, POSCO Commits to 20% Mt. Hope Equity Interest

General Moly (NYSE Amex: GMO)(TSX: GMO) announced a significant investment and strategic relationship with Hanlong (USA) Mining Investment Inc., a wholly-owned subsidiary of Sichuan Hanlong Group (Hanlong), that is anticipated to provide full project funding for the Company’s 80% owned Mt. Hope project.

Highlights of the transaction include:

• $665 million bank loan from a Prime Chinese Bank to be procured and guaranteed by Hanlong at an anticipated rate of Libor plus 2%-4%;
• $80 million equity investment in General Moly through the purchase of 25% of the Company’s fully diluted shares, partially contingent upon completion of the $665 million bank loan;

  Published: 05 March 2010

  Written by Editor

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