May 25, 2006: North American Gem (TSX-V symbol: NAG) (the “Company”) is pleased to announce that it has committed to an extensive airborne geophysical survey of its 157,000 acre Bonny Fault Property, of Northeastern Alberta. Terraquest Surveys of Markham, Ontario has been contracted to fly approximately 2,700 line kilometers of geophysical survey, 100 km southeast of Fort Smith.

The Bonny Fault property was investigated in 2005 as a joint research project undertaken by the Alberta Geological Survey and North American Gem. Results were published as EUB/AGS Report 2006-02.

Field work in 2005 located several zones of strong surface radioactivity, and anomalous metal concentration suggesting, hydrothermal activity and associated structural controls.

Grab samples from the Bonny Fault area have yielded up to 3.29 and 3.93 percent U3O8.

The project is under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

North American Gem Inc. (NAG:TSX-v) 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. The Company is actively pursuing several opportunities, including the company's Louise Lake Property and the Mt. Ogden Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
Charles Desjardins
President and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company’s future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.