2005

 J-Pacific Gold Inc.
1440 - 1166 Alberni Street, Vancouver, BC V6E 3Z3
Tel: (604) 684-6677 Fax: (604) 684-6678
E-mail: ir@jpgold.com  Web: http://www.jpgold.com

NEWS RELEASE No.9, 2005
OCTOBER 5, 2005

FOR IMMEDIATE RELEASE
TSX VENTURE SYMBOL: JPN
OTC BB SYMBOL: JPNJF

J-PACIFIC ARRANGES FINANCING

J-Pacific Gold Inc. (the “Company”) is pleased to announce a private placement of 997,500 Units of the Company at a price of $0.35 per Unit for total proceeds of $349,125. Each Unit consists of one common share and one warrant, each warrant entitling the holder to purchase one additional common share of the Company at a price of $0.55 per share for a period of 24 months after the closing of the private placement. As a finder’s fee, J-Pacific will issue warrants exercisable for a total amount of 85,800 common shares of J-Pacific at an exercise price of $0.55 per common share for a period of 24 months after the closing of the private placement. All securities issued will be subject to a four-month hold period. Proceeds from the financing will be applied to working capital.

The private placement is pursuant to a price reservation filed September 28, 2005 and subject to regulatory approval.

On behalf of the Board of Directors,
“N. Ferris”
President and CEO

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.