May 14 2008,  3:43pm EST
NAG
NAG  0.295  +0.08
New Resource Estimate for Louise Lake
 

North American Gem Inc. (TSX-V symbol: NAG) is a junior exploration Company based in Western Canada. The Company's primary goal is to explore for Uranium, Molybdenum, Gold, Copper and other base metals in Canada. The Company is actively pursuing several opportunities, including the Louise Lake copper-gold-molybdenum-silver project located in British Columbia. The Company is also pursuing its uranium projects, consisting of the Whiskey Gap, Del Bonita, Western Basin, and Bonny Fault projects, all located in Alberta. In addition the Company is also pursuing its Mosquito Gulch uranium property located in the North West Territories and the Ranger Lake Uranium property located in Ontario.



Louise Lake   Awaiting drill results testing the northern extension
Bonny Fault   Many targets confirmed with successful ground program. U3O8 values as high as 2.28% and Molybdenum values as high as 0.19%
Western Basin   Many targets confirmed with successful ground program. U3O8 values as high as 2.28% and Molybdenum values as high as 0.19%
Mosquito Gulch  Awaiting Permit Approval