North American Gem Inc. Acquires Coal Property from Second Diamond Explorer to Hit Coal Northwest of Hudson Bay Saskatchewan

VANCOUVER, May 14 /CNW/ - North American Gem Inc. (TSX-V symbol: NAG) has
signed an agreement with Adamas Minerals Corp. (Adamas) of Prince Albert,
Saskatchewan to grant North American Gem Inc. exclusive rights to coal, oil
shale's and or all hydrocarbon discoveries on a land package on which coal
permit applications have been submitted for, West of Hudson Bay, Saskatchewan.
Included in this new potential land package acquired from Adamas, the Company
has also submitted coal permit applications for another 578,234 acres, in
addition to the previous acreage as stated in the Monday May 12, 2008 release.
This now brings the current total land staking to approximately 927,613 acres,
more than doubling our current application

http://www.newswire.ca/en/releases/a...

We have to wait for the permit and result of assay

During this exploration program Adamas discovered a coal seam in the
Cretaceous rock (Mannville Group Rocks) sequence containing coal similar to
Goldsource. This 4 meter intercept is currently on a rush assay to Loring
Laboratory out of Calgary, Alberta. This is same Laboratory that Goldsource
had used and was chosen to maintain assay continuity

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