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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by oris99on Oct 28, 2009 11:01am
214 Views
Post# 16430865

RE: RE: RE: NEWS!

RE: RE: RE: NEWS!

North American Gem starts coal preparation at Knox

2009-10-28 09:35 ET - News Release

Mr. Charles Desjardins reports

NORTH AMERICAN GEM INC. COMMENCES OPERATION OF COAL PREPARATION AND RAIL LOADING FACILITY IN KNOX COUNTY, KENTUCKY

North American Gem Inc. (NAG) has commenced operations at the coal preparation and rail loading facility in Knox county, Kentucky, effective immediately. The 19-acre facility was formerly known as the Cobra facility (Cobra Tippling production plant) and is permitted by Safeco, Inc. under KDNR permit No. 861-8012. Recently, the 19-acre facility has been officially designated the North American Tipple facility which is located centrally to the area being developed by North American Gem.

The North American Tipple facility will serve as the central operation and distribution point for coal produced by NAG's mining operations. The facility has equipment in place that is capable of crushing, screening and washing coal. This gives North American Gem the added dimension to service a variety of customers by preparing coal to meet their specific requirements. North American Gem will also have the ability to purchase outside coal to produce custom blended products which will increase market potential. Specifically, plans are to service the industrial stoker markets, silicon metal producers and electricity generators.

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