October 1, 2010: North American Gem Inc. (NAG) (TSX-V symbol: NAG) reports that Mr. Bruce Lock has resigned effective October 1, 2010 as director and CFO of the company to pursue personal interests. The Company wishes to express its gratitude for the contribution that Mr. Lock has made to the Company and wishes him well in his future endeavors.

To fill the vacancy created by Mr. Lock's resignation, the Company has appointed Mr. Doug McFaul as director and CFO of the Company. Mr. McFaul has 16 years experience with companies involved in the public markets. Mr. McFaul has held senior management positions with various public companies.

North American Gem Inc. (TSX-V symbol: NAG) is a junior resource company in Western Canada. The company's major focus is expanding its coal mining operations at its flagship properties in Kentucky. In addition, the company has interests in coal, copper, molybdenum, and other base metals in Canada.

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