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Message: NR: NAG Signs its First Coal Purchase Contract

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NR: NAG Signs its First Coal Purchase Contract

posted on Oct 21, 09 01:11PM

North American Gem Inc. Signs its First Coal Purchase Contract For the North American Gem Mine #1

October 21, 2009: North American Gem Inc. (TSX-V symbol: NAG) (NAG) is pleased to announce Blue Star Energy LTD. (Blue Star) intends to purchase up to 15,000 clean tons of coal per month produced at the North American Gem Mine #1, Whitley County, Kentucky. Blue Star is a coal production and brokerage company that caters mostly to specialty industrial coal users but also supplies coal to various electricity generators in the Appalachian region since 1996.

Blue Star, located in Hazard, Kentucky has completed its analysis of the Jellico coal seam at the North American Gem Mine #1 and now expects delivery of coal immediately upon the commencement of production, which is still on schedule to begin within the week.

The coal sample taken by Blue Star from the North American Gem Mine #1 resulted in analysis of 8% ash, <1% sulphur and 12,800 Btu.

Production is Expected to Begin Shortly on North American Gem #1 Mine
Production is expected to begin shortly (See NAG October 7^th 2009 release) on the leases known as the North American Gem #1 Mine Permit located in Whitley County, Kentucky.

NAG plans to have the coal from the Jellico seam extracted from the North American Gem #1 Mine, under Kentucky State Mining Permit #918-0396, to be the first coal to run through the Cobra Tippling Production Plant (See NAG September 15^th 2009 release).

Mr. Dean Schafer is acting as operations manager of all the Company's Kentucky coal leases and is currently implementing an overall mine plan.

Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.

North American Gem Inc. (TSX-V symbol: NAG) is a Junior Exploration Company based in Western Canada. The Company's primary goal is to explore for Coal in North America, currently the focus is in Kentucky, Saskatchewan, and West Virginia. In addition to Coal exploration, the Company also has interests in Uranium, Copper, Gold, Molybdenum and other base metals in Canada.

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
"Charles Desjardins"

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