April 25, 2005: North American Gem Inc. (The Company) is pleased to announce the acquisition of the Western Basin property by staking four mineral permits. Each permit consists of approximately 23,000 acres for a total of 92,000 acres (368 sq. km) encompassing 25 sq. km of mapped “Athabasca Basin Geology” and confirmed outliers of the Athabasca Group Sandstones. Similar geology hosts many of the high-grade uranium deposits found in the Athabasca uranium district, such as Rabbit Lake, Key Lake and Maurice Bay.

The Alberta / Saskatchewan border is the eastern boundary of the property, which is 5 kms from Cameco Corporation’s Maurice Bay project. The Maurice Bay uranium deposit is located within the northwest margin of the Athabasca Basin. It has 600 tonnes contained uranium at a grade of 0.5% U ($30 million @ $23/lb U). Maurice Bay deposit includes structurally controlled mineralization within altered basement rocks and Athabasca unconformity-style uranium mineralization.

Alberta Geological Survey Bulletin No. 55, details the presence and alterations of a saprolite rock unit on the North American Gem Inc property. This saprolite unit is preserved immediately beneath the unconformity by the overlying Athabasca Sandstone Group. Two extensive fault systems cross cut the property in a west-northwest/east-southeast direction. These faults run directly under portions of the property’s Athabasca Group Sandstones and appear to continue past the Saskatchewan border to the Maurice Bay Deposit area. Similar fault systems are perceived to play a role in uranium mineralization in other parts of the basin including Maurice Bay.

North American Gem Inc. is currently evaluating previously completed airborne geophysical data of the property in an effort to prioritize an area for a summer ground based exploration program. “We are very excited to have acquired this property”, stated Charles Desjardins, President of North American Gem Inc. “this unconformity type of geology makes this property a very valuable addition for North American Gem Inc.’s uranium portfolio”.

North American Gem Inc. now holds over 415,000 acres (1660 sq. km) of uranium properties spread over three separate property locations within Alberta, in addition to its previously held gold, copper and molybdenum properties in British Columbia.

Glenn Hartley, P.Geo, is the qualified person for the property, in accordance with regulations under National Instrument 43-101. It should be noted that North American Gem Inc. is commencing due diligence work and has not verified any of the results reported in this news release.

Bonaparte Mine Property Update
The Bonaparte Mine Property comprised of 2,100 acres located approximately 35 km north of Kamloops, B.C., and is currently under renegotiation with the vendor of the property.

For additional information please contact North American Gem Inc.

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, 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.