June 8, 2006: North American Gem Inc. (TSX-V symbol: NAG) (the “Company”) is pleased to announce that it will be presenting at Friedland Investment Event's 2006 Global Equities Conference at the Hard Rock Hotel and Casino In Las Vegas. The financial community and investor conference will be held in Las Vegas from June 20th through June 22nd 2006.

North American Gems' presentation by Charles Desjardins and will be held at 10:20 am on Thursday, June 22nd and will include a detailed discussion on the Louise Lake Resource Estimate, and discussion about the company's future exploration plans.

North American Gems' presentation will follow the well respected Dr. Michael Berry as he will be discussing “The Role of Mining and Metal Stocks in Portfolios”.

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.