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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by uraniumxxxon Aug 11, 2009 4:24pm
413 Views
Post# 16210031

RE: Here is full PR. Things are starting!

RE: Here is full PR. Things are starting!They were saying on the radio (News Talk 980 in Reigna) this afternoon that Goldsource stated that it is a good chance this will go into production. I was shocked to hear that today with this news.... Only good things to come as I see it. GLTA longs! ----------Original Message Posted 8/11/2009 4:08:55 PM---------- Targets located MUST be very significant as management"s original planwas to await revenue flow from USA holdings before drilling inSaskatchewan!!

N.A. Gem receives drill approvals on Border property
Ticker Symbol:C:NAG

N.A. Gem receives drill approvals on Border property

North American Gem Inc (C:NAG)
Shares Issued 107,778,259
Last Close8/10/2009 $0.06
Tuesday August 11 2009 - News Release

Mr. Charles Desjardins reports

NORTH AMERICAN GEM INC. RECEIVES DRILL APPROVAL ON FIVELOCATIONS SOUTH OF THE GOLDSOURCE DISCOVERY

North American Gem Inc. has received notice from its landmanager that the first five drill locations to the south of the GoldsourceMines, the "Border" property, have now been approved by Saskatchewan Environmentand private landowners. The final approval through the Saskatchewan Energy andMines is to be received within a week of submitting an exact drilling date.

Fugro Airborne Surveys of Ottawa, Ont., has completed theairborne geophysical survey on three selected survey blocks around the TobinLake area for a total of 1,453 line-kilometres with traverse line spacing of 600metres. This survey covered a total of 66,347 hectares and is currently beinganalyzed for potential targets to submit for additional drill permitting. Thecompany has been granted a total of 757 coal prospecting permits covering anarea of 1,436,500 acres (581,376 hectares) that have been approved by theSaskatchewan Ministry of Energy and Resources.

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