May 23, 2007: North American Gem Inc. (TSX-V symbol: NAG) has received the final report for the Whiskey Gap Sandstone Hosted Uranium Project in Southern Alberta. Anomalous Radioactivity was intersected in 31 of 37 drill holes during the Phase 1 & 2 drill programs.

The Phase 1 Exploration Program was designed to evaluate the area surrounding the water well in which the extremely high radon values were discovered (More than 5000 picocurries). 1342 meters of NQ drilling was conducted in a series of 12 holes.

Anomalous radioactivity and Uranium values were encountered in DDH 05-02 up to 136ppm U over a 30 centimeter interval accompanied by a thicker zone of heavy metal enrichment. Closely spaced grid drilling in the area showed that heavy metal and Uranium mineralization occurred as a remnant zone within a strongly oxidized fluvial system.

Heavy metal signatures in neighboring holes suggest that the previously deposited Uranium mineralization has been remobilized by later oxidation, leaving an isolated pod. During Phase 2 of the program an additional 2663 meters of reverse circulation drilling, in 25 holes, was conducted to further test the area surrounding DDH-05-02 and to evaluate two additional areas on the Whiskey Gap property, that showed very anomalous radon response.

The most encouraging result of Phase 2 occurred in DH 06-20, located several kilometers to the south west of DDH-05-02. The Hole contained 3 stacked radioactive zones, 2 to 3 meters in thickness. The pyrite rich zones are more strongly reducing than those encountered in DDH 05-02, and contain anomalous Arsenic, Copper, Antimony, Selenium, and Molybdenum values. The levels of heavy metals equal or exceed those that occur in association with many Sandstone Hosted Uranium Districts in the U.S. Peak radioactivity was associated with anomalous Uranium mineralization within these zones.

With the discovery of strongly reducing, radioactive sandstones, containing anomalous heavy metals and associated radon in water, Management remains confident that the Whiskey Gap lands could contain significant Sandstone Hosted Uranium mineralization, and announces that a third Drilling Program will be conducted on the Whiskey Gap Lands commencing late September 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.

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. The Company is actively pursuing several opportunities, including the Louise Lake copper-gold-molybdenum-silver deposit located in British Columbia, Canada. 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, Canada. In addition the Company is also pursuing its Mosquito Gulch uranium property located in the North West Territories.

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.