At that speed, Nag will eventually own the whole province...
North American Gem Inc. receives additional coal prospecting permits north of Hudson Bay, Saskatchewan
The Company has received an additional 27 Coal Prospecting Permits
TSX-Venture: NAG
VANCOUVER, Oct. 30 /CNW/ - North American Gem Inc. (TSX-V symbol: NAG)
(The Company) is pleased to announce that the Company has received an
additional 27 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 250 Coal Prospecting Permits covering an
area of 551,302 acres (223,104 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 868 confirmed coal prospecting permit
applications (not including the 250 approved applications).
All of the ground that has been applied for has been done so in
accordance will all the rules and regulations set forth by the government of
Saskatchewan's permitting office. As with all other companies applying for
coal dispositions in Saskatchewan, North American Gem Ltd., has its
applications and coal prospecting permits subject to the Saskatchewan
government's approval process.
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