NAG North American Gem Inc.

North American Gem Inc. (NAG) (TSX VENTURE:NAG) reports that, further to its
news release dated August 4th announcing the commencement of mining at the North
American Gem #2 Mine, it has now begun to ship and sell the coal. Kentucky Mine
Partners LLC (KMP) is performing the mining operations. 


The North American Gem #2 Mine is a surface mining and augering operation. The
main focus of NAG's leasing and permitting strategy is to acquire and develop
properties in areas where mining has occurred before the enactment of the
Surface Mining Reclamation and Control act of 1977. Mining is more cost
effective on previously mined land than in areas that have not been disturbed.
NAG will also provide the service of reclaiming previously mined land that would
not have been completed otherwise.


"NAG is looking forward to increasing production at the North American Gem #2
Mine as well as commencing operations of additional projects," stated Charles
Desjardins, President of North American Gem Inc. "This includes the North
American Gem Processing Facility. This facility has equipment in place that is
capable of crushing and screening coal. We will have the ability to purchase
outside coal to produce custom blended products for customers, which will
increase market potential. Specifically, plans are to service the industrial
stoker markets, silicon metal producers, and electricity generators."


Mr. Dean Schafer is acting as general manager of the Company's Kentucky coal
leases and is currently implementing an overall mine plan.


Ms. Deborah Moses, PEng, PLS, REM, of Engineering Consulting Services Inc.
(ECSI) is the qualified person for the Company's coal operations in Kentucky.


North American Gem Inc. (TSX VENTURE:NAG) is a junior resource company in
Western Canada. The company's major focus is expanding its coal mining
operations at its flagship properties in Kentucky. In addition, the company has
interests in coal, copper, molybdenum, and other base metals in Canada.


On Behalf of the Board of Directors 

NORTH AMERICAN GEM INC. 

Charles Desjardins, President and Director

Cautionary note:

This report contains forward looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. The
production rate and mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations will be
economically viable. By their nature, forward looking statements involve risk
and uncertainties because they relate to events and depend on factors that will
or may occur in the future. Actual results may vary depending upon exploration
activities, industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary Note to US
investors: The U.S. Securities and Exchange Commission specifically prohibits
the use of certain terms, such as "reserves" unless such figures are based upon
actual production or formation tests and can be shown to be economically and
legally producible under existing economic and operating conditions.

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