01/24/2008- Commences New Drill Program

[Franko10 ™]

J-Pacific Gold Commences New Drill Program at its Montgolfier Project in Quebec (cnw)

VANCOUVER, Jan. 24 /CNW Telbec/ - J-Pacific Gold Inc. ("J-Pacific")(TSXV - JPN), said today that has commenced a 12,000-metre core drilling program at its Montgolfier Project. The Montgolfier Project is located in the Casa Berardi region of northwestern Quebec, some 85 kilometres west of Matagami and 40 kilometres east of the Casa Berardi gold deposit.


files.newswire.ca/357/PacificGold.doc


The drill program is based on recommendations by SRK Consulting (Canada) Inc. ("SRK"), following an in-depth review of results from the 2007 drill program. The 2008 program, consisting of an initial 18 holes, is designed to test the lateral and depth extensions of gold mineralization encountered during the 2007 program. The 2008 program will focus on three main target areas. In the western part of the project, two holes will test the depth extensions of quartz-carbonate-arsenopyrite veining intersected in hole JPN07-01. Six holes are planned to test the extensions of hole JPN07-06 (1.44g Au/t over 12.0 metres) on three 100-metre sections. Finally, 10 holes will test the lateral and depth extensions of gold mineralization intersected in hole JPN07-17 (10.42g Au/t over 1.0 metre) and hole JPN07-21 (6.44g Au/t over 3.2 metres), on seven 100-metre sections over a strike length of 1.3 kilometres. Currently, there is insufficient information to determine if the reported core intervals represent true widths (see J-Pacific news releases dated March 22 and July 19, 2007). An additional 1,200 metres of drilling is included as a contingency, to allow testing of other targets on the project. Maps detailing the location of the planned drill holes are available for download on the J-Pacific website.

The Montgolfier Project straddles the Casa Berardi Tectonic Zone, approximately 30 kilometres east of the Casa Berardi Mine, where Aurizon Mines Ltd. has outlined a mineral reserve of 4.7 million tonnes grading 7.7g Au/t (equivalent to 1,169,000 oz Au), with an indicated mineral resource of 3.1 million tonnes grading 5.3g Au/t (equivalent to 526,000 oz Au), and an inferred mineral resource of 5.1 million tonnes grading 6.6g Au/t (equivalent to 1,060,000 oz Au) (Source: Aurizon Mines Ltd. website).

Drilling is being performed by Major Drilling Group International Inc., and the on-site geological expertise is being provided by IOS Services Géoscientifiques Inc., a Quebec-based geological services consulting company, under the supervision of Dr. Jean-Francois Couture, P.Geo. of SRK, J-Pacific's qualified person for this project for the purpose of NI 43-101, who has reviewed and approved this news release.


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For further information: visit www.jpgold.com, or call or e-mail: Media Inquiries: Victor Webb; Madlene Olson, Marston Webb International, [phone], Fax: [phone], [e-mail]; Investor Relations: Renmark Financial Communications Inc.: Neil Murray-Lyon, [e-mail]; Jen Power, [e-mail], [phone], Fax: [phone], http://www.renmarkfinancial.com; J-Pacific Gold Inc., [phone], Fax: [phone], [e-mail]