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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by SUCYNon Aug 29, 2011 9:24am
401 Views
Post# 18988867

Sask. drilling starts

Sask. drilling startsNorth American Gem starts drilling in Saskatchewan2011-08-29 09:21 ET - News ReleaseThis is nice that they still have the cash to do it..Mr. Charles Desjardins reportsNORTH AMERICAN GEM INC. HAS COMMENCED DRILLING IN SASKATCHEWANNorth American Gem Inc. has seen DJ Drilling LTD. of Aldergrove, B.C., commence drilling near Hudson Bay, Sask. NAG has permitted five fully approved drill locations to the south of the Goldsource Mines "Border Property".The Hudson Bay area has been the target of coal exploration by various companies since the discovery drill hole by Goldsource in 2008. This discovery has resulted in a NI 43-101 estimate of coal resources in several small basins that include 79.2 million Indicated tonnes plus 33.0 million Inferred tonnes on the Border properties (March 17, 2011 News Release). Across the border, in Manitoba, Westcore Energy LTD. has intersected coal units of up to 99.0 m in composite thickness (March 2, 2011 News Release). SUCYN
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