June 29, 2007: North American Gem Inc. (TSX-V symbol: NAG) would like to announce that the second anniversary date for the Whiskey Gap agreement with International Ranger Corp. has been amended from October 5, 2006 to May 21, 2007.

The Whiskey Gap Project is a Joint Venture between North American Gem Inc. and International Ranger Corp.(OTC symbol: IRNG), whereby the Company can earn a 70% interest by spending $1,250,000 over 3 years. An additional 10% can be earned by taking the project to feasibility.

A third Drilling Program will be conducted on the Whiskey Gap property commencing September 2007.

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

About North American Gem Inc. North American Gem Inc. (TSX-V symbol: NAG) 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 in Canada. The Company is actively pursuing several opportunities, including the Louise Lake copper-gold-molybdenum-silver project located in British Columbia. The Company is also pursuing its uranium projects, consisting of the Whiskey Gap, Del Bonita, Western Basin, Bonny Fault, and Charles Lake projects, all located in Alberta. In addition the Company is also pursuing its Mosquito Gulch uranium property located in the North West Territories and the Ranger Lake Uranium property located in Ontario.

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
"Charles Desjardins"

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. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. 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.