North American Gem Inc. receives additional coal prospecting permits north of Hudson Bay, Saskatchewan
13:00 EST Thursday, November 06, 2008
TSX-Venture: NAG
The Company has received an additional 98 Coal Prospecting Permits
VANCOUVER, Nov. 6 /CNW/ - North American Gem Inc. (TSX-V symbol: NAG) (The Company) is pleased to announce that the Company has received an additional 98 Coal Prospecting Permits from Saskatchewan Energy and Resources, near the most recent coal discovery by Goldsource Mines Inc. (TSX-V symbol: GXS). This now brings the total to 433 Coal Prospecting Permits covering an area of 906,748 acres (366,948 hectares) that have been approved by Saskatchewan Energy and Resources.
North American Gem would also like to announce that several second priority permits have been advanced to first priority status, increasing the total of first priority status to 685 confirmed coal prospecting permit applications (not including the 433 approved applications).
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