
North American Gem Inc. Completes Radiometric Logging of Drill Hole 1 and the Radon Discovery Water Well
Nov 21, 2005: North American Gem Inc. (NAG:TSX-v) (the Company) is pleased to announce that the radiometric logging of drill hole 1 is complete and indicates one radioactive zone associated with a medium to coarse grained sandstone unit. This permeable medium to coarse grained sandstone will allow the uranium to flow through and precipitate, which is necessary for the In Situ Leaching model to work (ISL). Samples will be forwarded to the Saskatchewan Research Council (SRC) for detailed analysis.
Radiometric logs were completed on the water well drilled in 2003, which produced the initial high radon values. This discovery water well shows four zones of anomalous radioactivity, in the interval from 50 to 85 meters in depth.
It is from this well that the water sample yielded 5000 picocuries of radon per liter, and on subsequent resampling by the Company yielded 5600 picocuries of radon per liter. The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at http://www.internationalranger.com/Prospect.pdf .
HC Drilling Inc. of Richmond, British Columbia has increased its production to a double shift for subsequent holes, and is currently on drill hole 2. This will provide 24 hours a day drilling, and yield approximately one drill hole every two days.
This exploration project is being conducted 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 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.
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