Acquires Information to warrant Specific Staking

    VANCOUVER, May 8 /PRNewswire-FirstCall/ - North American Gem Inc.
(TSX-V symbol: NAG) is pleased to announce that the Company has submitted
coal permit applications for another 118,733 acres, in addition to the
previous acreage as stated in yesterday's release. This now brings the
current total land staking to approximately 252,901 acres, the Company
continues to add to its potential land position in proximity to the recent
Goldsource Mines Inc. (TSX-V symbol: GXS)(Goldsource) discovery, in
east-central Saskatchewan.

    North American Gem has been contacted by another Diamond Exploration
Company that has also drilled into a coal seam, in what we believe could be
part of the same Creataceous aged coal system. Part of that core is
presently being assayed.

    "It is our immediate goal to become a major land holder in this region
of Saskatchewan through successful permitting," said Charles Desjardins,
President of North American Gem Inc., "This acquired additional technical
information could support the early theory of the presence of a much larger
coal system."

    The Company will confirm permit grants as documentation is received
regarding these coal permits that have been forwarded to the government of
Saskatchewan's permitting office. The time frame will be determined by the
permitting office. North American Gem Inc. has submitted money in trust to
the Saskatchewan permitting office.

    North American Gem has made a commitment to be active in Saskatchewan
for the exploration of coal, whether it be through successful staking by
the Company or through joint venture opportunities. The recent coal
discovery by Goldsource Mines Inc. of bituminous coal in two drill holes
1600 meters apart, suggests the potential for a much larger coal system.
Goldsource believes the coal it encountered is from the Mannville/Swan
River Group of Creataceous age (Goldsource Mines Inc., Release May 5,
2008). Coal structures of the Creataceous age are generally very large and
can encompass several thousand square kilometers.

    About North American Gem Inc. 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 Uranium, Molybdenum, Gold, Copper and other
base metals in Canada. The Company is actively pursuing several
opportunities, including the Louise Lake copper-gold-molybdenum-silver
project located in British Columbia. The Company is also pursuing its
uranium projects, consisting of the Whiskey Gap, Del Bonita, Western Basin,
and Bonny Fault projects, all located in Alberta. In addition the Company
is also pursuing its Mosquito Gulch uranium property located in the North
West Territories and the Ranger Lake Uranium property located in Ontario.



    On Behalf of the Board of Directors

    NORTH AMERICAN GEM INC.

    "Charles Desjardins"

    Charles Desjardins
    President and Director

    THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
    RELEASE.

    Cautionary note:
    This report contains forward looking statements, particularly those
regarding cash flow, capital expenditures and investment plans. Resource
estimates, unless specifically noted, are considered speculative. The
company has filed a National Instrument 43-101 resource estimate on the
Louise Lake property. Any and all other resource or reserve estimates are
historical in nature, and should not be relied upon. By their nature,
forward looking statements involve risk and uncertainties because they
relate to events and depend on factors that will or may occur in the
future. Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency exchange rates,
and, but not limited to, general economic factors.

    Cautionary Note to US investors: The U.S. Securities and Exchange
Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or
formation tests and can be shown to be economically and legally producible
under existing economic and operating conditions.

    CONTACT: 430 - 609 Granville Street, Vancouver, BC, Canada, V7Y 1G5,
Phone (604) 683-5445, Facsimile (604) 687-9631, info@northamericangem.com,
http://www.northamericangem.com

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