North American Gem Inc. Finalizes the Acquisition of the Brian Jones Blue Gem Coal Lease in Knox County

North American Gem Inc. (NAG) (TSX VENTURE:NAG) reported that it has successfully negotiated the acquisition of approximately 800 acres (The Brian Jones lease) of contiguous coal leases to the Gilliam Hill lease (previously announced April 14, 2010).

The press release is quoted as saying:

North American Gem Inc. (TSX VENTURE: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.

Click here to access the entire press release

Click here to access North American Gem Corporate Site