News Releases

October 31, 2006 - North American Gem Inc. Expands the Bonny Fault Property, Northern Alberta

October 17, 2006 - North American Gem Inc. has Commenced an Airborne Survey over the Western Basin Property, Northern Alberta

October 4, 2006 - North American Gem Inc. Mobilizes Ground Crew on the Bonny Fault Property, Northern Alberta

September 27, 2006 - North American Gem Inc. Releases Preliminary Analysis of the Airborne Survey Conducted over the Bonny Fault, Northern Alberta

September 21, 2006 - Fundamental Research Releases Valuation on North American Gem Inc.

August 21, 2006 - North American Gem Inc. Commences Initial Site Visit of Mt. Ogden for 43-101 Approval

August 9, 2006 - North American Gem Inc. Commences Airborne Survey over Bonny Fault, Northern Alberta

July 24, 2006 - Final Independent Technical Report and Resource Estimate on Louise Lake Property Submitted by SRK Consulting (Canada) Inc.

July 4, 2006 - North American Gem Inc. Acquires 100% Interest in the Mount Ogden Molybdenum Property, British Columbia

June 23, 2006 - AGM Update

June 8, 2006 - North American Gem Inc. to Present at Friedland Investment Events 2006 Global Equities Conference in Las Vegas

May 30, 2006 - Resource Estimate Released by SRK Consulting on 'Main Zone', Louise Lake Project

May 29, 2006 - Private Placement Amendment

May 25, 2006 - North American Gem Inc. Signs Contract to Fly Airborne Survey over Bonny Fault, Northern Alberta

May 3, 2006 - North American Gem Acquires British Columbia Molybdenum Project

May 1, 2006 - North American Gem Releases Final Drill Results from the Louise Lake Project

April 19, 2006 - Results from the Louise Lake Project, Includes 80.2-metre Interval grading 0.399% Copper and 0.405 g/t Gold

April 6, 2006 - North American Gem Increases Main Zone at the Louise Lake Project

March 27, 2006 - Update on North American Gem’s Drill Programs on the Whiskey Gap Uranium Project and the Louise Lake Project

March 7, 2006 - Encouraging Results from First Two Diamond Drill Holes, Louise Lake Project

February 28, 2006 - SRK Consulting to prepare Resource Evaluation on the Main Zone, Louise Lake Property; Potential New Zone Intersected at Depth

February 22, 2006 - Announces the Immediate Commencement of the Phase Two Drill Program on Whiskey Gap Uranium Project

February 21, 2006 - Acquires 100% Control Over Louise Lake and Provides Drilling Update

February 9, 2006 - Drilling Resumes on the Louise Lake Property

February 2, 2006 - North American Gem Inc. Announces Approval for the Extension of the Drill Permits on the Whiskey Gap Uranium Project

January 30, 2006 - North American Gem Inc. Announces a 40 Hole Drill Program after Receiving Initial Results from the Whiskey Gap Uranium Project

January 25, 2006 - North American Gem Inc. Announces Drilling to Commence February 1st on the Louise Lake Property

January 25, 2006 - Private Placement

January 3, 2006 - North American Gem Inc. has Received Drilling Permits for Louise Lake and Provides Update for the Whiskey Gap Project

December 29, 2005 - Private Placement

December 7, 2005 - North American Gem Inc. has Filed for Louise Lake Drilling Permits

December 6, 2005 - North American Gem Inc. Acquires Additional Land for the Del Bonita Property and Provides Update for the Whiskey Gap Project

December 1, 2005 - North American Gem Inc. Provides an Update for the Drill Program on the Whiskey Gap Uranium Project

November 21, 2005 - North American Gem Inc. Completes Radiometric Logging of Drill Hole 1 and the Radon Discovery Water Well

November 17, 2005 - North American Gem Inc. has now Commenced its Drilling Program on the Whiskey Gap Project

November 9, 2005 - Exploration of the Bonny Fault Project in Northeastern Alberta is Complemented by Alberta Geological Survey Geoscience Studies

November 7, 2005 - North American Gem Inc. Set to Start Drilling the Whiskey Gap Project

November 1, 2005 - North American Gem Inc. and International Ranger Finalize Joint Venture Agreement for the Whiskey Gap Project

October 24, 2005 - North American Gem Inc. Receives its Drilling Permit for the Whiskey Gap Project

October 17, 2005 - Assays Highest Radon Values to Date on the Whiskey Gap Project

October 5, 2005 - North American Gem Inc. and International Ranger Corp. Enter into a Joint Venture on the Whiskey Gap Project; Applies for Drill Permits

September 30, 2005 - Private Placement

September 19, 2005 - Begins Geochemical Exploration for Uranium on the Del Bonita Property

August 31, 2005 - NORTH AMERICAN GEM INC. & STRATHMORE MINERALS REPORT ADDITIONAL INFORMATION ON DUDDRIDGE LAKE URANIUM PROPERTY, SASKATCHEWAN

August 18, 2005 - Signs Letter of Intent with Strathmore Minerals Corp.

July 25, 2005 - Commences its Uranium Exploration Program in Southern Alberta-Del Bonita Project

July 20, 2005 - Granted Western Basin Mineral Permits

July 18, 2005 - Closing of Property Purchases

July 7, 2005 - Ground Survey Results from Louise Lake

June 22, 2005 - Three New Zones Identified During Brief Surface Program, Louise Lake Project

June 14, 2005 - North American Gem Inc. Begins Phase 2 Surface Program

June 6, 2005 - North American Gem Inc. Begins its Uranium Exploration Program in Southern Alberta

May 30, 2005 - Private Placement Amendment

May 27, 2005 - Private Placement

May 2, 2005 - Results from Final Holes of Phase 1 Diamond Drilling Program; Louise Lake Project

April 25, 2005 - North American Gem Inc. acquires the Western Basin Property (92,000 acres) located in Northeastern Alberta

April 20, 2005 - Results from Early Holes, Phase 1 Louise Lake Diamond Drilling Program

April 18, 2005 - North American Gem Inc. acquires an additional 69,000 acres to its recently purchased Bonny Fault Multi-mineral property in Northeastern Alberta

April 5, 2005 - North American Gem Inc. Acquires 46,000 acres of a Multi-Mineral Property in Northeastern Alberta: Uranium / Molybdenum / Gold etc.

March 31, 2005 - North American Gem Inc. Has Received a Permit Extension for the Phase 1 Diamond Drilling Program on Louise Lake

March 30, 2005 - Phase 1 Louise Lake Diamond Drilling Program and Results from Earlier Holes

March 16, 2005 - North American Gem Inc. Acquires over 200,000 acres of Uranium Property in Southern Alberta

March 9, 2005 - North American Gem Inc. Commences Phase 1 of its Diamond Drilling Program, Louise Lake Project

March 1, 2005 - Clarification of Historic Resource Estimates, Louise Lake Property

February 24, 2005 - Permit Authorized for Phase 1 Diamond Drilling Program,Louise Lake Project

January 31, 2005 - North American Gem Announces Submission of Drilling Permit Application on Louise Lake Copper/Molybdenum/Gold/Silver Project

January 25, 2005 - North American Gem Expands Louise Lake Project Land Package

January 18, 2005 - North American Gem completes Formal Agreement to acquire Louise LakeCopper/Molybdenum/Gold/Silver Project

December 13, 2004 - North American Gem signs Letter of Intent to acquire Louise Lake Copper/Gold/Molybdenum/Silver Project

November 24, 2004 - North American Gem re-prices Warrants

October 12, 2004 - North American Gem Announces Private Placement

July 20, 2004 - North American Gem Inc. acquires additional claims andcommences work at Bonaparte Property

May 10, 2004 - North American Gem Inc. closes Financing andamends Property Agreement

February 11, 2004 - North American Gem Inc. re-structures Financing andamends Incentive Options

January 14, 2004 - Corporate Update

January 14, 2004 - North American Gem Inc. announces Flow-Through Financing andgrants Incentive Options