JAZZ RESOURCES INC.
PO Box 60527 – 2947 Granville St.
Vancouver, BC V6H 4B9
telephone: 604 733-4830 Fax: (604) 736-8584
May 12, 2008
Technical Report on the Spider Mine released
The Company is pleased to announce the release of a NI 43-101 compliant Technical Report on the Spider Mine. The report can be viewed on SEDAR. The report has recommended a $1,205,925 program of surface drilling, underground diamond drilling, and drifting.
The report dated April 2, 2008 was prepared by J. T. Shearer, M.Sc., P.Geo, an independent consultant for the Company who is the Qualified Person as defined by NI 43-101.
The Spider Mine is located on the Company’s crown granted lands and was brought into production in 1952 and continued operations until 1958. Total production to the end of 1958 was 371 kilograms of gold, 53,481 kilograms of silver, 85 tonnes of copper, 10,845 tonnes of lead, 11,519 tonnes of zinc, 60 tonnes of cadmium and 4 tonnes of antimony from 128,063 tonnes of ore with a recovery grade of 0.086 oz Au/ton, 12.2 oz Ag/ton, 8.6% Pb and 9.14% Zn. This vein was developed from surface to a depth of 200 metres. Mineralized material, of grades similar to what was mined previously, was intersected in drilling an additional depth of 70 metres below this level.
Jazz Resources Inc. is a junior resource company focused on acquiring mineral properties and exploring for and developing economically viable mineral resources. The Company’s principle properties are the Teddy Glacier Property and the Spider Mine both located in the Revelstoke district of British Columbia, Canada. The Teddy Glacier property is the subject of a previous technical report dated November 7, 2007.
On behalf of the Board of Directors,
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.
Some of the statements contained in this news release may be “forward looking” statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are “forward looking” statements that involve various degrees of risks. Some of these risks are included in the section entitled “Risk Factors” of the Company’s prospectus dated July 26, 2007, as amended November 8, 2007.