Nagambie Resources Ltd V.NAG

This is The Beginning We have waited for

[donat50]

North American Gem #2 Mine contains Blue Gem and Jellico coal seams and will be North American Gem's first opportunity to produce highly-valued Blue Gem Coal.

"Blue Gem Coal is a rare and increasingly valuable seam of coal used in the production of silicon metals," explained Charles Desjardins, President of North American Gem. "Producing Blue Gem Coal has been our primary strategic business focus; this new mine is a significant step forward for the company and we are aiming to achieve our goal of becoming a long-term Blue Gem Coal producer."

Blue Gem Coal commands a price as much as 200% higher than high-quality steam coal and is typically the highest priced grade of coal produced in the United States.

Kentucky Mine Partners LLC (KMP) has all of the equipment to perform the mining operations prepared and staged at the North American Gem #2 Mine. Initial production of the Blue Gem and Jellico coal is planned for a combined production rate of approximately 8,000 - 10,000 tons per month. The North American Gem #2 Mine will be a surface mining and augering operation. NAG has a buyer in place to purchase all of the coal produced from the North American Gem #2 Mine

They have Buyers waiting for this stuff .As more Blue Gem mines come on line NAG will grow and grow .By Sept. NAG will be Rocking No Dought .GLTA