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News ReleaseNorth American Gem Brings Mr. Alan Johnson, Distinguished Coal Geologist, to Board of AdvisorsJune 4, 2008: North American Gem Inc. (TSX-V symbol: NAG)(The Company) is pleased to announce that Alan A. Johnson, B.Sc., P. Geol has accepted a position on the Board of Advisors. Mr. Johnson will work with North American Gem to determine the exploration protocol for the anticipated large coal position acquired in Saskatchewan.
During his career Mr. Johnson has distinguished himself as a coal geologist who, as Manager of Exploration and Development for Denison Mines Limited (1971 to 1978), led the team that discovered and did the early development work on the Quintette coal property in Northeast British Columbia. ‘Quintette’ became the cornerstone of the Northeast Coal Development that became (still to this date) the largest new coal development in British Columbia’s history. In its time, the Denison team was the most successful coal exploration group in Canada. In Northeast B.C. its coking coal discoveries included not only the main ‘Babcock’ deposit at Quintette but also the Wolverine, Five Cabin, Sheriff-Frame, and Roman (Trend) deposits on that property, and the Belcourt and Saxon properties. All are locations of significant discoveries where mining, exploration or development work continues to this day. Subsequently, Mr. Johnson was Manager, Coal for Gulf Canada Resources Ltd. (Gulf) (1978 to 1988). As such, he managed coal exploration on numerous projects in Northeast B.C., Alberta and Northwest B.C. Principle projects included Goodrich, Trefi (coking coal) and Mount Klappan (anthracite) in B.C. plus many thermal coal prospects in Alberta. While at Gulf, in an initiative related to the Northeast B.C. Coal Development, Mr. Johnson led the group (Gulf, Esso, Manalta and FedNav) that founded Ridley Terminals Inc., designed the 12 million tonne per year, world-class coal export terminal and won the bid to build it. (This right was later transferred to Ports Canada in return for ‘open access’… the consortium’s basic objective.) In 1988 Mr. Johnson took a leave of absence from Gulf when he was elected to the House of Commons as Member of Parliament for Calgary North. In this capacity he also served as Chair of the House of Commons Standing Committee for Energy Mines and Resources (1991-1993). In 1993 Mr. Johnson returned to Gulf as Senior Associate, Coal. In 1994 he retired from Gulf and began an independent career. Later, in 1997, he established RJZ Mining Corporation (now Vostok Minerals Inc.) and became its president. From 1999 to 2001 he was President of The Coal Association of Canada and during that time he founded the Zero Emission Coal Alliance that became ZECA Corporation that he headed as Managing Director & CEO from 2001 to 2004. ZECA was a joint undertaking whose shareholders included a number of Canadian and American coal companies, utilities and coal interests. Mr. Johnson has been invited to bring the “Zero-Emission’ message to major international conferences throughout Canada and the USA as well as in Europe, Japan, Eastern Europe, and New Zealand. Currently (May 2008) Mr. Johnson has private coal exploration interests, advises certain private companies internationally and directs the work of Vostok Minerals Inc. as its President & CEO. He is also the Chairperson of a small, private foundation that focuses on elder care. Mr. Johnson is a Professional Geologist (P. Geol.) registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA). Charles Desjardins, President of North American Gem Inc. said, “We feel extremely fortunate to have Mr. Alan Johnson, a man of this caliber, as a coal advisor during this stage in the development of this promising new coal discovery in Saskatchewan.” North American Gem Inc. would like to announce that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase 2 million common shares in the capital stock of the company, exercisable for a period of two years, at a price of 25 cents per share. These options are subject to a four-month hold period. 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, and Bonny Fault 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 YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures, and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has filed a National Instrument 43-101 resource estimate on the Louise Lake property. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
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