URAN Wert , aussichtsreich, unentdeckt - MK NUR 2,5 Mll. Euro! - 500 Beiträge pro Seite

[Lachmann]

Hallo!

Ich habe den ersten Run auf die Uranwerte versäumt. Da ich keinen Wert kaufen möchte der bereits gelaufen ist habe ich mich einige Tage schlau gemacht bzw. war ich auf der Suche nach einem meiner Meinung sehr aussichtsreichen Wert der noch unentdeckt, noch absolut nicht gepusht, ausichtsreich und mit sehr geringer MG.

Den glaube ich jetzt gefunden zu haben! Die Marktkap. liegt bei sensationell nur 2,5 Millionen Euro obwohl ich den Wert als sehr vielversprchend ansehe

Heute +10,34% im plus! Neue großartige News sollen kommen in den nächsten Tagen!

Der Wert ist wirklich bisher in Deutschland noch nicht gehandelt worden, ich selbst habe meine Bank beauftragt eine WKN zu beantragen, da ich sonst gar nicht kaufen hätte können. Seit Fretiag gibt es nun eine WKN

Die Aktie ist

NORTH AMERICAN GEM
WKN A0HGWM
ISIN CA6569161038
handelbar in Kanada/Vancouver
Kürzel: NAG.V
MK: 25,537,827 Can$
Shares: 25,537,827 Stück
Kurs: 0,16 Can$
www.northamericangem.com


North Amercian Gem ist Junior Explorer und es geht nicht nur um Uran sondern auch um Molybdenum, Gold, Kupfer und ander Rohstoffe!

[Lachmann]

North American Gem is a junior exploration company. The Company`s primary goal is to explore for Gold and Platinum Group Metals. The Company owns interest in theLouise Lake project located 35 km west of Smithers, British Columbia; an option to earn up to 70% interest in the Bonaparte Mine Property, located north of Kamloops, British Columbia; an option to earn 50% interest in Strathmore`s Duddridge Lake and Hall Lake Uranium projects in the Athabasca Basin in northern Saskatchewan; and uranium and multi-mineral target properties, the Del Bonita, the Western Basin, and the Bonny Fault, all located in Alberta, Canada.

Director und CEO ist Charles Desjardins, der sich in Kanada einen großen Namen gemacht hat und als seriöser Visionär bezeichnet wird

[Lachmann]

North American Gem hat auch im bekannten Athabasca Basin, Saskatchewan große Länder.

Hier eine Übersicht dazu:

In Canada, the Athabasca Basin that straddles the Alberta-Saskatchewan border is considered one of the most favourable places in the world for exploring and mining uranium. The Athabasca Basin occupies an area of about 100,000 sq km in northern Saskatchewan accounts for approximately 30% of global primary uranium production, a figure which is expected to increase significantly by the end of the decade with the Cigar Lake Deposit (Cameco (50.025%); AREVA subsidiary, COGEMA Resources Inc. (37.1%); Idemitsu Uranium Exploration Canada Ltd. (7.875%); TEPCO Resources Inc. (5.0%)) scheduled for production in 2007. The Midwest project, managed by Cogema (69.16%) with Denison (25.17%) & OURD Canada (5.67%), will be milled at McClean Lake nearby, to produce 2600 t/yr uranium. The next largest producers are Australia, Kazakhstan, Russia and Niger.

The first major uranium discovery in the Athabasca Basin was at Rabbit Lake in 1968. The Rabbit Lake Mine operated for 25 years producing 120 million lbs U3O8 by open-pit mining of several ore lenses. In 1975, the richest open-pit deposit in the world was discovered at Key Lake. Over its 15-year life the Key Lake deposits produced more than 190 million lbs U3O8. Since 1968, 18 deposits totalling over 1.4 billion pounds of uranium have been discovered in the region.

Two of the global giants, Cameco Corp. (CCO-TSX) and COGEMA Resources Inc., a subsidiary of the AREVA Group, dominating mining in the Athabasca Basin; individually or with minority joint venture partners own and operate all the mines in the Basin.

The spot price for Uranium (U3O8) has steadily increased from its low of US$7.10 per pound at the end of 2000 to its October 3, 2005 price of US$32.00 per pound, an increase of approximately 350%. In addition, the rate of growth is accelerating with the annual price growth increasing as follows, for 2002, 2003 and 2004: US$0.60, US$4.30 and US$6.20 per pound respectively. The spot price of U3O8 historically lags the long term price by approximately US$1.00 to $2.00 per pound, reflecting the increased premium to secure a long-term supply in a tightening market.

A recent article (July 4, 2005) in the Globe & Mail relating to growing Chinese demand for uranium stated that according to a report by the Asia Pacific Foundation of Canada, industry experts are forecasting a global uranium shortage of 45,000 tonnes over the next decade. The demand for uranium is going to rise and will outpace existing stockpiles and sources of supply, any new discoveries will merit strong attention.

The strengthening of uranium prices since early 2004 has renewed interest in the Athabasca Basin and the surrounding region and significant staking activity has been underway. According to Saskatchewan Industry and Resources, there were 442 new claims staked and 38 new permits taken in 2004. There are now over 4.1 million hectares of ground in the Athabasca Basin under disposition for uranium exploration. This is an increase of approximately 2.9 million hectares (approximately 242%) compared to 2003. At present, there are more than 30 companies including many of them who are new to the basin, are actively exploring for uranium. Most of this activity is in the eastern part of the Athabasca Basin where the major deposits are located. The majority of these companies are publicly traded and are working in joint-venture with one or more other companies. The stocks of publicly-traded companies exploring for uranium in the Basin have seen dramatic price rises in the last year, particularly in the early part of 2005.

Saskatchewan Industry and Resources has projected total 2004 uranium exploration expenditures in the Basin to reach $26 million ($16 million spent by Cameco and AREVA), nearly double that spent in 2003.

[Lachmann]

Hier stellt sich die Firma selbst vor auf Ihrer Homepage:


http://www.northamericangem.com/nagbrochure.pdf

[Lachmann]

Wie gesagt ist die Aktie noch so gut wie unentdeckt, schön langsam wird aber in der Presse darüber berichtet.

Hier ein Bericht im Lethbridge Herald (Tageszeitung für South Alberta, Kanada) vom 15.10.05


Saturday A, Saturday, October 15, 2005, p. a1
Mining Riches?
By STACY O`BRIEN

Lester Vanhill first heard about the possible existence of uranium in southern Alberta during his time as a student at NAIT many years ago. His instructor, Glenn Hartley, had been a geologist searching for the radioactive element in nuclear power`s heyday in the `70s and the early `80s.
Twenty-five years ago, a company had found signs of uranium along the Waterton River. The bottom fell out of the uranium market shortly after that discovery.
With the supply of uranium high and the demand low, the price of uranium plummeted, companies stuck to tried and true sources of uranium such as the high-grade kind found in northern Saskatchewan and exploration of the
element in all but the most likely places dropped off.
But a lot has changed since then.
In the past three years, the price of uranium has once again skyrocketed from around $10 a pound a couple years ago to more than $30 a pound today. As a result, a half dozen companies have staked claims throughout
southern Alberta stretching from Calgary to the Montana border and east toward Cypress Hills. "For the last 25 years, there were nuclear weapons being decommissioned
and . . . the material from the warheads was being used in nuclear reactors. All that material is pretty well used up or not available anymore," Vanhill says. That, added with a growing demand for uranium to fuel new nuclear
reactors coming online in India and China, has added to the booming market. Vanhill, a prospector and owner of SandSwamp Exploration Ltd., didn`t start searching southern Alberta by taking a pan out to a riverbed but by
sifting through old databases and records about the geology in southern Alberta - many of which had hardly been touched for two decades. Vanhill, who has lived with all the stereotypical notions about prospectors for years, says goodheartedly, "I don`t have a donkey and, no,
I don`t have a mule. I don`t even have a fuzzy hat or anything." When he found southern Alberta had a geology similar to land in the United States that has sandstone-hosted deposits of uranium, then he knew
he might be on to something. Canada supplies one-third of the world`s uranium each year from mines
located in northern Saskatchewan. Some of the uranium is so high-grade and concentrated ,it needs to be mined by robots because its radioactivity is dangerous to miners.
Sandstone-hosted deposits differ from those uranium deposits because they`re a much lower grade and the uranium isn`t as concentrated. But in a market where uranium prices appear to be doing nothing but
climbing, the opportunity to find any new uranium deposits is appealing. Vanhill, who considers himself a diamond hunter who happens to have a knack at finding uranium, says he first brought a diamond property to
Firestone Ventures Inc. The company wasn`t interested in his potential diamond property but it did want his possible uranium property. Once Firestone Ventures Inc. bought that property, a staking rush started last March, with Firestone Ventures, Marum Resources Inc., North
American Gem Inc., International Ranger Corp. and other companies staking claims to search for uranium in and around southern Alberta. "There was a bit of a staking rush that stretched all the way from Calgary down to the Waterton area and east across towards the Cypress
Hills," says Reg Olson, leader of the Northern Resources development section at the Alberta Geological Survey.
It was in one of Olson`s reports that had a reference to a uranium occurrence along the Waterton River. A uranium occurrence shows signs there could be uranium in an area compared to a uranium deposit which is a substantial amount of uranium. So far, Olson says the only potentially significant deposit of uranium in the province is in northern Alberta near a portion of the Athabasca
Basin that stretches from northern Saskatchewan into Alberta. While southern Alberta has favourable geological formations for uranium, the companies prospecting in the area are only in the preliminary stages.
Some companies are moving ahead with their exploration quicker than others. North American Gem Inc., in collaboration with International Ranger
Corp., has a property just south of Milk River known as the Whiskey Gap Project. The slightly over 44,000 acres of land at Whiskey Gap has shown high radon numbers. Radon is a naturally occurring gaseous radioactive inert element and when it`s present it suggests uranium could be present as well. "Radon. It`s a derivative of uranium and it doesn`t last. It only lasts for 3.8 days. So if you find it, you`re near a source of uranium, and when
you`re getting these impressive radon samples, it means there should be something significant right there," says Charles Desjardins, president and director of North American Gem Inc. Radon is a sort of daughter product of uranium. It`s one of the things prospectors look for when they search a property for uranium. Desjardins says North American Gem Inc. could start drilling for uranium in the next two weeks at the Whiskey Gap Project. They`ve already
applied for the permits to do so and have a drill ready to go. Drilling is the next step taken by prospectors after initially testing the area by ground or air for signs of radioactivity to see if there might be any uranium present. The drilling isn`t a form of mining but a way to
take samples to test for uranium. Desjardins expects to drill around 20 holes down 400 feet each to see
if the underground formation looks as promising as the readings from above ground have seemed.
"One drill hole could change everything, which is the exciting, fun part, but high risk. One drill hole could make a huge difference," he says. Desjardins, whose experience has been in a variety of high-risk
ventures from high tech to bio tech and mining, says there is a lot of potential in this. "I think there potentially could be a whole new industry there," Desjardins says.
With the price of gasoline and other energy sources steadily rising, people are looking at other energy sources and nuclear power is one of them, Olson says.
It could have an effect on the southern Alberta economy, bringing jobs at all stages of the development from the initial prospecting which is going on to the eventual development of uranium in the area if a
substantial deposit is found, Vanhill says.
For now all of the companies are mostly at the grassroots stage. "What these companies are really doing is reconnaissance or grassroots exploration. They`re at the very early stages of the exploration. They`re
trying to find places where there may be radioactivity," says Olson. "Time will tell whether they`ll find anything of any consequence." He says for there to be a new industry it will take not only the discovery of a substantial deposit in southern Alberta but also a
discussion among the province and Albertans about how they feel about the development. For mining to take place, a number of approvals must go through the
federal government and the province. The Canadian Nuclear Safety Commission has regulatory authority over uranium and regulates the possession and use
of nuclear substances and equipment and their development and use. For uranium development to go ahead, the province would also have to give approval for exploration, surface disturbance, the collection and storage
of mineral samples and for the collection of royalties.
So far, Marum Resources Inc. has staked a large track of land, around 250,000 acres, south of Fort Macleod and North American Gem Inc. has staked
around 200,000 acres of property south of Milk River close to the American border and just over 44,000 in collaboration with International Ranger Corp.
Firestone Ventures Inc. has more than 110,000 acres of land between Pincher Creek and the Piikani First Nation, between the Piikani First Nation and Blood Reserve and south of Cardston. Lori Walton, president and CEO of Firestone Ventures Inc., says her company chose southern Alberta as a spot to look for uranium because as a
smaller company more developed areas like the Athabasca Basin in northern Saskatchewan were too expensive to acquire land. "We came across southern Alberta and it was wide open and it wasn`t recognized as a uranium district yet. We just jumped at the opportunity to
get involved at an early stage," she says.
Walton has more than 20 years experience in the mining industry in both B.C. and the Yukon, having worked as a senior mineral development adviser for the Yukon Department of Energy, Mines and Resources before heading up Firestone Ventures Inc. She says southern Alberta also appealed to the company because if they
find the kind the uranium they think they might it will likely be able to be extracted using the ISL method (In-Situ Leach Mining). Rather than digging down into an open pit or mining underground the ISL
method pumps water and an acid or carbonate solution down into the geological formation the uranium is attached to precipitating it out and then pumps the water back to the surface through another well. Very little
of the surface ground is disturbed and the mining doesn`t leave an open pit. "It basically just cleans out a formation of its uranium," Vanhill
says. The method has been used for the past couple decades in Texas and Wyoming. But there is a possible concern.
"The whole issue is can you control the fluid flow and ensure you`re getting the stuff coming up the extraction well and not going somewhere else into the groundwater," Olson says. "But I`m not an engineer and I don`t know a lot about the details." Vanhill wonders why more exploration hasn`t gone on for minerals before
in Alberta. "There`s no reason why more land isn`t staked here right now. It`s just when people think Alberta they think oil and gas. But we`ve got some of the
most diverse geology here in Canada and it`s under-explored," Vanhill says. "I can see in the future that eventually minerals will mean a lot more to
Alberta than they do at this point in time."

[Lachmann]

North American Gem hat also nicht nur Land im Athabasca Basin, Saskatchewan sondern macht sich auf in Southern Alberta nach Uran zu suchen und man munkelt dass das der Anfang eine neuen "Goldgräberstimmung" für Uran in dieser Gegend ist. Dies kann man sehr gut rauslesen aus dem Bericht dieser Zeitung

[Lachmann]

In einer Presseaussendung hat man letzte Woche noch mal bestätigt dass es in einer Probebohrung dort Wasser zu Tage gebracht hat dass eine ausserordentlich, besser gesagt unglaublich hohen RadonGehalt aufweist. Zeichen dass es dort jede Menge URAN geben muss Diese hohe Konzentration hat man zusätzlich noch vom Saskatchewan Research council, der zuständigen Behörde, untersuchen und bestätigen lassen!

Assays Highest Radon Values to Date on the Whiskey Gap Project

October 17, 2005: North American Gem (NAG:TSX-v) (the "Company") wishes to report confirmation sampling on the recently joint ventured 44,400 acre Whiskey Gap project. The previous water well which gave the highest radon value, was retested. Upon retesting this sample, which was analyzed by the Saskatchewan Research council ( SRC), the well sample exceeded the previous radon value. This well had been drilled to an approximate depth of 107 meters (350 feet).

In addition a second well on the property was tested for the first time. This well sample returned the highest radon values on the Whiskey Gap property to date. The second well is approximately 100 meters from the first water well and was drilled to an approximate depth of 76 meters (250 feet).

Preliminary sampling of domestic water sources by International Ranger has defined several very strong radon and uranium anomalies in the water, that compare favorably with published radon studies conducted in proximity to sandstone hosted uranium ore bodies in south Texas. The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at http://www.internationalranger.com/Prospect.pdf .

The Company has applied for drill permits for Phase 1 of drill testing of these locations of high radon/uranium values. Drilling will commence immediately upon permit approval.

The Whiskey Gap property is contiguous with North American Gems 200,000 acre Del Bonita property and underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Wyoming that host significant roll front uranium deposits.

This Exploration project is being conducted under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

To view the recent Prospect Summery of the Del Bonita Uranium Project please visit www.northamericangem.com .

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
Charles Desjardins
President and Director

[Lachmann]

Heute die News dass die erforderliche Genehmigung für die Exploration bekommen wurde. man will dort umgehend starten:

North American Gem Inc. Receives its Drilling Permit for the Whiskey Gap Project

October 24, 2005: North American Gem (NAG:TSX-v) (the "Company") is pleased to announced that it has received its Exploration Licence to conduct Metalic and Industrial Minerals exploration in Alberta.

The Company will mobilize and commence drilling on the Whiskey Gap Project immediately.

The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at http://www.internationalranger.com/Prospect.pdf .

The Whiskey Gap property is contiguous with North American Gems 200,000 acre Del Bonita property and underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Wyoming that host significant roll front uranium deposits.

This Exploration project is being conducted under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

About North American Gem Inc. North American Gem Inc. (TSX-v: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. The Company is actively pursuing several opportunities, including the company`s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

For additional information please contact North American Gem Inc.

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
Charles Desjardins
President and Director

[Lachmann]

Uranium ist innerhalb kürzester Zeit von 10 auf über 30$ gestiegen. Kernkraftwerke brauchen zum Betrieb das radioaktive Uran 235, das zu ca.0,7 % im natürlich vorkommenden Uran enthalten ist. Uranerze gelten dann als wirtschaftlich abbaubar, wenn sie mindestens 0,4% Uran pro Tonne Erz enthalten. Natürlich werden höher konzentrierte Erze (bis 10%) bevorzugt abgebaut, doch sind solche Erze begrenzt. Vor allem in China und Indien wird der Energieverbrauch in den nächsten Jahren und Jahrzehnten ins Unermessliche steigern.


Aber bitte vergesst nicht, URAN ist nur EIN standbein von North American Gem. Man hat in den anderen Länderein noch ausreichend Gold, Kufper, etc. im Boden. Wie gesagt, die Firma steht am Anfang!

[Lachmann]

Die Aktie ist wie gesagt unentdeckt und nur wenige beschäftigen sich damit. Aber auf dem Stockhouse/bullboard wird schon eifrig diskutiert. Man ist dort genau wie ich absolut bullish!

Hier der Link zum Board. Wer Interesse an dem Wert hat soll sich mal alle Messages der letzten 1 od. 2 Monate durchlesesn. Es sind einige interessante Beiträge dabei.
http://www.investcom.com/cgi-bin/redir.cgi?url=http://www.st…


wenn es die ersten Ergebnisse des Del Bonita Projekt gibt und dies positiv sind, wovon man ausgehen kann, schiesst die Aktie durch die Decke. Bei dieser geringen Anzahl von Shares und dieser MK


Man kann noch von anfang an dabei sein!!!

[Lachmann]

Sorry, Link hat nicht geklappt

Hier nochmal

http://www.stockhouse.ca/bullboards/

Einfach bei Bullboard Search das Kürzel NAG eingeben.

Lachmann

[Lachmann]

Hier eine News von Ende Juni, dass im Loise Lake Projekt Gold, Molybdenum und Kufper indentifieziert worden ist.


June 27, 2005North American Gem Inc.: Three New Zones Identified During Brief
Surface
Program, Louise Lake ProjectVANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June
27, 2005) - The Board of
Directors of North American Gem Inc. (TSX VENTURE:NAG) is pleased to announce
that at least three "new" mineralized zones were identified during a short
surface exploration program recently completed at the Louise Lake property,
located 35 km west of Smithers, northwestern British Columbia, Canada. This
program was focused on identifying potential surface extensions of the
east-west striking "Main Zone" high-level porphyry-style copper-molybdenum-gold
system, and on "ground truthing" of copper-gold-molybdenum anomalies outlined
from past soil sampling.

The first zone, tentatively called the "West Extension", is located roughly 400
- 500 meters west of the known surface expression of the Main Zone, and is
likely an extension of it. The "West Extension" consists of strongly altered
and locally strongly pyritic feldspar porphyritic monzonite, and includes an
east-west trending pyritic shear zone (Much of the mineralized Main Zone itself
consists of altered and mineralized porphyritic monzonite). Trace malachite (a
green copper mineral) was identified; disseminated pyrite concentrations
locally exceed 10%. The West Extension, coincident with a moderately anomalous
copper anomaly identified from soil sampling in 1970, is located approximately
at the up-dip location of the projected extension of the Main Zone, which was
intersected at depth during the 2005 Phase 1 drilling program (see NAG News
Releases dated April 20, 2005).

The second zone, tentatively called the "Northeast Zone", is centered roughly
300 meters north of the known eastern end of the Main Zone. Abundant proximal
float and rubblecrop of strongly altered feldspar porphyritic monzonite,
commonly strongly pyritic, occurs across a minimum 300 by 300-meter area. The
southern margin of this area coincides with two adjacent anomalous values
grading 667 and 1953 ppm copper respectively from previous soil sampling taken
along the northern limit of a soil grid. Abundant mineralized float was found
in the immediate area of the anomaly. Strongly pyritic altered feldspar
porphyritic monzonite was found in place about 300 meters north of the soil
anomaly; the zone likely extends further to the north.

The third zone, called the "Right Hand Zone", was identified during geological
mapping along recent logging roads about 1.0 km south of Louise Lake and 2.0 km
southeast of the eastern limit of the Main Zone. Two zones of strongly
silicified pyritic andesite and/or conglomerate are located roughly 300 meters
apart along a logging road. Past soil sampling in the area returned several
weakly anomalous copper values; one sample returned a value of 170 ppm
molybdenum. The Right Hand Zone, located on the south side of the Coal Creek
Fault, may represent the upper limits of a separate mineralized system.
Numerous smaller pyritic occurrences and a separate feldspar porphyritic stock
were identified elsewhere south of the Coal Creek Fault.

All of the newly identified zones are located within property boundaries. A
total of 51 rock and 55 soil samples have been submitted to ALS Chemex for
34-element ICP and gold analysis by fire assay. Results will be used to design
further surface exploration and diamond drilling programs at the Louise Lake
Project.

Main Zone

The Main Zone represents an unusual tennantite-based copper-gold-molybdenum
mineral assemblage. In 1992, former operator Equity Silver Mines Ltd. released
a geological resource estimate for the Main Zone of 50 Million tonnes grading
0.3% copper and 0.3 g/t gold. This estimate was produced prior to
implementation of modern resource standards contained within National
Instrument 43-101, does not distinguish between resource categories, and should
not be relied on to necessarily represent accurate estimates under modern
standards. No subsequent resource estimates have been made. North American Gem
is not treating this estimate as an NI 43-101 defined resource verified by a
Qualified Person and has not done the work necessary to verify the
classification of the resource.

This News Release was reviewed and approved by Carl Schulze, BSc, PGeo,
Qualified Person for the project, in accordance with regulations under National
Instrument 43-101. All sample analysis is being done by ALS Chemex of North
Vancouver, British Columbia, Canada.

About North American Gem Inc. 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 Uranium, Molybdenum, Gold, Copper and other Base metals. The
Company is actively pursuing several opportunities, including the company`s
Louise Lake Property and the Bonaparte Mine Property both located in British
Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are
the Del Bonita, theWestern Basin, and the Bonny Fault, all located in Alberta,
Canada. For additional information please contact North American Gem Inc.

On Behalf of the Board of Directors

NORTH AMERICAN GEM INC.

Charles Desjardins, President and Director

[vsch]

kuckuck!

[Opa_Klaus]

ist ja richtig was los hier.

[Lachmann]

Hier eine Message eines Users aus dem Stockhouse/Bullboard Forums der sich schon längr mit NAG beschäftigt:


##############################
learn more about the regulations Mining Companies have to abide by , before blasting , ignorantly ,the information that the companies release

In the USA there is a 43-101 regulation that forbids a company from rreleasing such things as "reserves", potentia; reserves" , flow rates on gas/oil/ etc. unless they are signed off by a registered geologist.
In Canada there is no such regulation but since US buyers may be buying Canadian stocks , the companies are reluctant to release non -accreditted numbers.
Talking to the Texas company [which has a producing high grade uranium mine] they told me their highest Radon reading was 4800.

` Nag numbers are [I believe} 5600 from one well and 5700 from the other. Nag management does not believe they should be releasing this information. My sources, the drillers, talk about it over beers and laugh.
Nag managements position is probably more ethical .Perhaps complainers should question the restrictions placed by security agencys.
However ,Having said that, a BRe-x scandal is not needed so some regulation must be honored.
When management says "Upon retesting this sample, which was analyzed by the Saskatchewan Research Council (SRC), the well sample exceeded the previous radon value. This well had been drilled to an approximate depth of 107 metres (350 feet).

In addition, a second well on the property was tested for the first time. This well sample returned the highest radon values on the Whiskey Gap property to date. The second well is approximately 100 m from the first water well and was drilled to an approximate depth of 76 m (250 feet)."
AND GIVES THE SASKATCHEWAN RESEARCH COUNCIL- A COMPLETELY INDEPENDENT TESTING AGENCY as its authoritative source. Then share buyers should see the credence of this information. If nothing else- this has kept Nag at levels that cry out for buying. Do some DD before ranting.
Also have faith in a mangement that has tried to be as transparent as possible in getting information out to their shareholders.
#####################

[Lachmann]

Ja, wollte einfach ein paar Infos zusammentragen über NAG
damit man sich halbwegs ein Bild machen kann

Gute Nacht!

[Lachmann]

Oh, habe gerade gesehen dass mir im ersten Beitrag beim reinkopieren ein Fehler passiert ist.

MK ist natürlich nur 3,7 Mll Can$
also ca. 2,6 Mll. Euro
Obwohl einer der aussichtsreichsten Junior-Explorer mit unglaublich niederigen MK ausgestattet. Outstanding Shares gibt es 25,537,827

Gruss
Lachmann

[seriosna]

selbstgespräche ??

[Opa_Klaus]

ne, er ist bullisch !!!

[Lachmann]

Hallo!

Hier eine Message aus dem Stockhouse Board vom User "Herb", der sich schon lange mit NAG beschäftigt.

Er spricht mir aus der Seele, ich glaube damit ist alles gesagt. Mit charles meint er den CEO und Presidenten:



This company is finally ready to make some significant moves, they have the drill permits, the money, and a major smell of radon gas:
you cannot get better then that!
There will be a lot of news coming from NAG in the next couple of months, and I suspect that it will surprise!
Charles has been working on this project for a long time as he realized the potential, and he put his money up!
So now you have the opportunity to own a potential uranium company for pennies, the idea is to get in now, not at a doller!
Charles and team are agressive and astute bunch of dudes, and i believe that we will all benifit in the future!

So do your own due diligence

regards

HERB



Einsteigen solange die Aktie noch so billig ist

[Tr@dex]

Hört sich ganz gut an.
Bin mal eingestiegen !
Ein weiterer Wert, der ebenfalls bald im Athabasca Basin
bohrt ist Thelon Ventures (THV.V).
Auch dort wurden radiaktive Quellen entdeckt, die MK liegt noch unter der von NAG.V
Da könnte es bei positiven Bohrungen demnächst aufwärts gehen!

Acquisition:
Thelon Ventures Ltd. has optioned 100% interest on the Uranium Properties located in Canada`s Athabasca Uranium Basin from Canurex Syndicate in 3 mineral permits totalling approximately 120,000 hectares, located in Saskatchewan’s Athabasca Basin. These claims are prospective for the discovery of Uranium.


The Properties:
The Pasfield Lake Permits, covering approximately 120,000 hectares (approximately 300,000 acres) are located in the eastern portion of the Athabasca Basin of Saskatchewan. The permits were acquired on the basis of highly anomalous radon and helium concentrations in spring and creek waters first detected along some fault-controlled valleys to the northwest of Pasfield Lake in 1978. An attempt was made in 1979 to drill the proposed source area at the northwest corner of Pasfield Lake. However, none of the three holes succeeded in reaching basement. What is of particular interest to Thelon Ventures is that the deepest hole (terminated at 550 m) encountered sections of “clay-fault breccia” and “clay breccia” that contained a number of zones that were of sufficient interest for the geologist of the day to assay for U3O8 (results unknown). These clay zones might represent regional clay alteration associated with uranium mineralization at the unconformity. Also, recent (2003) SRTM DEM (Shuttle Radar Topography Mission Digital Elevation Model) data point to a major, previously unidentified northeast-trending basement structural zone, between the Snowbird Tectonic Zone to the west and the Cable Bay Shear Zone to the east that abuts the northwest corner of Pasfield Lake, passing directly beneath the priority target area. Radioactive springs are a key exploration guide in the Athabasca Basin and the source of these particular emanations has never been explained.

Depth to the unconformity on the Pasfield Lake permits is estimated at 800-900 metres. This represents the next frontier of exploration in the Athabasca and other explorers are having considerable success at these depths including Cameco Corporation/Cogema/Formation Capital at their Virgin River uranium project (700-800 metres) and UEX Corp at Shea Creek (700-750 metres). The extreme richness of some of the Athabasca unconformity deposits such as McArthur River and Cigar Lake justifies exploration to these depths, and beyond.

[Lachmann]

Hallo Tr@dex,

Danke! Ich werke mir thelon mal genauer anschauen.

Von NAG bin ich übrigens absolut überzeut

[Lachmann]

...Just imagine if southern alberta turns out to be to uranium what northern alberta (oilsands) is for oil... NAG is so well positioned right now in terms of its properties that if this turns out to be a jackpot then in the long term this stock might make it to double-digit dollars...


Und es sieht ganz danach aus dass in Southern Alberta jede Menge hochwertiges Uran im boden steckt

Gruss
Lachmann

[Lachmann]

Dem Geschäft mit China steht nichts mehr im Wege:

By Fu Jing (China Daily)
Updated: 2005-10-26 05:44

A senior US official yesterday expressed repeated commitment to transferring nuclear reactor technologies to China. China has drafted ambitious plans to use nuclear power to alleviate growing energy shortages.

Administrator of the US National Nuclear Security Administration, Linton Brooks, told China Daily: "There is no reason why the (reactor) technology should not be transferred to a country like China."

Industry insiders said the commitment from Brooks, who is also undersecretary of the US Department of Energy, is expected to boost US nuclear power company Westinghouse`s attempts to win a US$8-billion contract to build four nuclear reactors at Sanmen in Zhejiang Province and Guangdong Province`s Yangjiang.

So far, the Chinese Government has been busy reviewing bid application from the US company, France`s Areva and Russia`s AtomStroyExport.

Several high-level US officials have expressed interest in loosening controls over exports of nuclear reactor technologies to China. The controls have rendered Westinghouse unable to participate in China`s nuclear reactor construction, despite the company having had a presence here for years.

An earlier report said that Westinghouse plans to sell its new AP1000 reactor, which is to be approved by the US Nuclear Regulatory Commission by the end of the year.

China is considering picking one strong partner to help it build dozens of new nuclear plants over the coming years, as part of the plan to raise the country`s nuclear power generating capacity fourfold by 2020 to 36,000 megawatts.

Brooks said the US will forge a partnership with China to enhance nuclear security capacity.

He said a week-long demonstration has been organized by his department and the China Atomic Energy Authority (CAEA) in Beijing, to prevent nuclear material theft, diversion and sabotage.

"The demonstration, which ends on Friday, is the first one we have held in China, and in fact the first one we have held outside the US," said Brooks.

CAEA Chairman Sun Qin said the demonstration is to promote the adoption of modern security practices and technologies at civilian nuclear facilities in China.

Brooks also said that the US does not conduct nuclear security co-operation with China at military level, despite "the great potential."

[Lachmann]

--------------------------------------------------------------------------------
North American Gem Inc. and International Ranger Finalize Joint Venture Agreement for the Whiskey Gap Project

Nov 1, 2005: North American Gem Inc. (NAG:TSX-v) (the Company) is pleased to announce that it has finalized the joint venture agreement with International Ranger Corp.(IRNGTC pink sheets) on the 44,400 acre Whiskey Gap uranium property located in southern Alberta along the Canada/U.S.A border.

Terms of the agreement are as follows:

$15,000.00 cash on signing and 100,000 shares (upon TSX-v approval)
$250,000 firm work commitment first year to earn 50%
$400,000 work commitment second year and 100,000 shares to earn 60%
$600,000 work commitment third year and 100,000 shares to earn 70%
The Company can earn an additional 10% by taking Whiskey Gap to feasibility, thereby potentially earning an 80% interest.

International Ranger will have a 20% working interest in the Del Bonita property held by the Company, after the Company meets its three year work commitment International Ranger will be responsible for 20% of expenses incurred on the Del Bonita property. Should International Ranger default on the agreement the option will be diluted down to a 10% carried interest.

This Exploration project is being conducted under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

North American Gem Inc., subject to regulatory approval, has granted to directors, officers, consultants and employees incentive stock options of the company to purchase in the total of 100,000 common shares in the capital stock of the company per the company`s stock option plan for a period of two years at a price of 15 cents per share.

About North American Gem Inc North American Gem Inc. (NAG:TSX-v) 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. The Company is actively pursuing several opportunities, including the company`s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

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

[Lachmann]

North American Gem Inc (C-NAG) - Private Placement
N.A. Gem FT- and NFT-unit private placement

2005-11-04 16:26 ET - Private Placement
Shares issued 28,187,827
NAG Close 2005-11-04 C$ 0.155


The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 30, 2005.


Shares: 2.5 million flow-through units (each unit comprises one share and one-half share purchase warrant); 1.5 million units (each unit comprises one share and one share purchase warrant)

Purchase price: 10 cents per share

Warrants: 2.75 million share purchase warrants to purchase 2.75 million shares

Warrant exercise price: 12 cents for a one-year period; 15 cents in the second year

Placees: 36

Pro group participation: Kerry Chow, 250,000 FT

Finders` fees: Jeanne MacDonald will receive a finder`s fee of $9,500.00. Canaccord Capital Corp. will receive a finder`s fee of $6,700 and 67,000 common shares. Research Capital Corp. will receive a finder`s fee of $19,500. Gordon Jang will receive a finder`s fee of 50,000 common shares.

[Lachmann]

North American Gem Inc. is Set to Start Drilling the Whiskey Gap Project

Nov 7, 2005: North American Gem Inc. (NAG:TSX-v) (the Company) is pleased to announce that the final drill plan has been approved and all permits received to commence drilling for the Whiskey Gap Project. The Whiskey Gap property, located in southern Alberta, is contiguous with North American Gems 200,000 acre Del Bonita property and underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Texas and Wyoming that host significant roll front uranium deposits.

Preliminary sampling of domestic water sources by International Ranger has defined several very strong radon and uranium anomalies in the water, that compare favorably with published radon studies conducted in proximity to sandstone hosted uranium ore bodies in Texas and Wyoming. The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at http://www.internationalranger.com/Prospect.pdf .

The Company has contracted HC Drilling Inc. of Richmond, British Columbia to mobilize and commence diamond drilling to test approximately fifteen recently identified targets. Drilling should commence no later than November 15.

The Whiskey Gap Project is a Joint Venture between North American Gem Inc. and International Ranger Corp.(IRNG:Pink sheets), whereby the Company can earn a 70% interest by spending $1,250,000 over 3 years. An additional 10% can be earned by taking the project to feasibility.

This Exploration project is being conducted under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

About North American Gem Inc North American Gem Inc. (NAG:TSX-v) 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. The Company is actively pursuing several opportunities, including the company``s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

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

Charles Desjardins
President and Director

[Lachmann]

In ein oder zwei Wochen gibt es die ersten Bohrresultate. Viele Anzeichen deuten darauf hin dass sie positive ausfallen werden. Ich denke das wird sich auf den Aktienkurs auswirken.

Anscheinend will nächste Woche auch The Calgary Herald ein Interview mit der Firma führen

[Lachmann]

Hört sich alles sehr gut an :


North American Gem Inc.’s Exploration of their Bonny Fault Project in Northeastern Alberta is Complemented by Alberta Geological Survey Geoscience Studies

Nov 9, 2005: North America Gem Inc. (The Company) is pleased to announce that its Bonny Fault property has received particular attention as part of a three week field program completed on the Alberta Shield by the Alberta Geological Survey (AGS) during July 2005. The AGS program included examination and sampling of several faults and shear zones with previously reported metallic mineral occurrences. A B.Sc. thesis project has been developed by the AGS in cooperation with the University of Alberta and will be completed by Suzy Byron under the joint supervision of Dr. Sarah Gleeson on behalf of the University of Alberta and Dr. Dinu Pana on behalf of the Alberta Geological Survey/EUB. Byron`s thesis is focused on collecting fluid inclusion data from quartz veins within Bonny Fault in an attempt to determine the temperature and composition of possibly mineralizing fluids that percolated the fault. Such information is critical for inferring the metallogenic potential of any hydrothermal system. The AGS will be sending samples collected this summer to lab for further analysis. The assaying cost for the samples will be paid for by North American Gem Inc.

The Company is pleased to announce that an additional mineral permit has been applied for, to add up to 23,000 acres, cost of staking only, to North American Gem Inc.’s recently acquired Bonny Fault Property (see April 5th press release). This additional land acquisition will bring the total Bonny Fault property up to approximately 140,000 contiguous acres. This additional acquisition was conducted to secure favorable geology similar to the geological settings in which the main Bonny Fault mineral showings are hosted. One such mineral showing discussed in the April 5th press release is the AGS documented: West Arm of Andrew Lake showing with a 3.93% U3O8 and 1.03% Mo sample.

Glenn Hartley, P.Geo, is the qualified person for the property, in accordance with regulations under National Instrument 43-101. It should be noted that North American Gem Inc. is commencing due diligence work and has not verified any of the results reported in this news release.

North American Gem Inc. has closed the private placement announced on September 30, 2005.

A total of 2.5 million units were issued as flow-through units consisting of one flow-through common share and one-half of a non-transferable share purchase warrant. One warrant will entitle the holder to purchase one additional non-flow-through common share of the company at a price of 12 cents per share for the first year and 15 cents until expiration the following year.

The remaining 1.5 million units were issued as non-flow-through units, each non-flow-through unit consisting of one common share and one non-transferable share purchase warrant. One warrant will entitle the holder to purchase one additional non-flow-through common share of the company at a price of 12 cents per share for the first year and 15 cents until expiration the following year.

A total of 2.75 million share purchase warrants were issued. One warrant will entitle the holder to purchase one additional non-flow-through common share of the company at a price of 12 cents per share for the first year, and 15 cents until expiration the following year.

For the 36 placees the shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period of four months.

Pro group participation: Kerry Chow, 250,000 FT
A finders` fee will be paid as follows: Jeanne MacDonald will receive a finder`s fee of $9,500.00. Canaccord Capital Corp. will receive a finder`s fee of $6,700 and 67,000 common shares. Research Capital Corp. will receive a finder`s fee of $19,500. Gordon Jang will receive a finder`s fee of 50,000 common shares.

The proceeds of the private placement will be used for exploration of the company`s mineral properties and general working capital.

About North American Gem Inc. North American Gem Inc. (TSX-v: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. The Company is actively pursuing several opportunities, including the company`s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

For additional information please contact North American Gem Inc.

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

[Lachmann]

Jetzt scheint es langsam loszugehen


North American Gem Inc (TSX-V:NAG)

Shares Issued 28,187,827

Last Close 11/21/2005 $0.16

Monday November 21 2005 - News Release

Mr. Charles Desjardins reports

NORTH AMERICAN GEM INC. COMPLETES RADIOMETRIC LOGGING OF DRILL HOLE 1 AND THE RADON DISCOVERY WATER WELL

North American Gem Inc.`s radiometric logging of drill hole 1 is complete and indicates one radioactive zone associated with a medium- to coarse-grained sandstone unit. This permeable medium- to coarse-grained sandstone will allow the uranium to flow through and precipitate, which is necessary for the in situ leaching model to work (ISL). Samples will be forwarded to the Saskatchewan Research Council (SRC) for detailed analysis.

Radiometric logs were completed on the water well drilled in 2003, which produced the initial high radon values. This discovery water well shows four zones of anomalous radioactivity, in the interval from 50 to 85 metres in depth. It is from this well that the water sample yielded 5,000 picocuries of radon per litre, and on subsequent resampling by the company yielded 5,600 picocuries of radon per litre. The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at that company`s website.

HC Drilling Inc. of Richmond, B.C., has increased its production to a double shift for subsequent holes, and is currently on drill hole 2. This will provide 24-hour-a-day drilling and yield approximately one drill hole every two days.

This exploration project is being conducted under the direction of Glenn S. Hartley, PGeol, in accordance with the regulations of National Instrument 43-101.

[Lachmann]

Kurs heute in Canada 0,195

Sensationelle bohrergebnisse sollen kommen, ausbruch steht kurz bevor

werde nochmal nachlegen bevor es zu spät ist

Lachmann

[Lachmann]

0,215 zur Zeit +19,5%

Da wissen einige mehr. Ergebnisse von Well 2 stehen kurz bevor. Am Sonntag soll es eine Große Story in einer kanadischen Tageszeitung geben.

Wenn es dort wirklich Uran geben sollten gehts ab wie eine Rakete.

[Lachmann]

Hier die Story von gestern im Calgary Herald von gestern



The Rush for Alberta`s Uranium
With prices soaring and supply dwindling, the race is on to find new sources of the nuclear fuel
Advertisement

Gina Teel, Calgary Herald
Published: Sunday, November 27, 2005

They`re also benefitting from the economic spin-off of the exploration. It`s their tractor that North American Gem hired to haul the drilling rig in, and the couple may end up hauling in water for the drilling operation.

Vanhill and the drilling crew, and Hartley and Desjardins when they`re in town, all lodge at the Thomson Rangeview Ranch guesthouse facilities -- Mel and Dianne run a working guest ranch in the summer -- and also provide meals to the Whisky Gap crew.

Vanhill adds he`s spent a couple of thousand dollars in Cardston and Lethbridge in gear alone.

Economically, a uranium strike has the potential for being a big thing in the area, says Mel.

Dianne adds that any economic benefit wouldn`t be confined to the Thomson ranch.

"If they can find enough here, then it`s all the way through this area," she says.

That`s something that concerns Susan Nelson, manager of the Southwest Alberta Sustainable Community Initiative.

Headquartered at Pincher Creek, the organization works to provide comprehensive information to the community and environmental groups.

The southwest region is dealing with a number of potential growth issues related to tourism, wind energy, natural gas refineries, and now uranium exploration.

Nelson says there`s talk among stakeholders in the community about getting a study done of the area to try and understand exactly what would happen to the area if all these projects came to be.

She admits she has some concerns about a potential uranium development in the area.

"I certainly want to make sure that there are regulations in place that are going to make sure that these guys are doing what they`re supposed to be doing," she says.

[e-mail]

New reactors fuel growing demand for uranium

There were 440 nuclear power reactors in 31 countries at the end of 2004. As of May 2005, there were 24 nuclear reactor plants under construction, another 40 being planned and 73 proposed, mostly in Asia and Eastern Europe. Here are the world`s main nuclear power players:

Staked territory in southern Alberta

Rising uranium prices have sparked a staking rush as a half dozen junior companies staked claims on a swath of land running from south of Calgary to the U.S. border. Although there are surface indicators of uranium, prospectors have yet to find anything of significance.

[Lachmann]

Desjardins hopes exploration of the Whiskey Gap Project, comprising some 18,000 hectares located southeast of Cardston near the Alberta-Montana border, changes all of that.

Various points on the property have shown high levels of radon in water samples.

Radon is a naturally occurring radioactive gas formed by the disintegration of radium, a decay product of uranium. Particularly high levels of radon may indicate a uranium presence somewhere nearby in the soil and rocks.

Sandstone-hosted uranium deposits account for 13 per cent of global uranium production.

Finding uranium in sandstone is no easy task, however.

"It`s a very difficult target to define by geophysics and by almost any classical exploration technique other than drilling," says geologist Glenn Hartley, who is directing the Whisky Gap Project for North American Gem.

Desjardins watches as prospector Lester Vanhill runs a scintillatometer -- a device for measuring gamma radiation and used to locate radioactive ores such as uranium -- over the core sample.

The needle in the scintillatometer`s gauge waivers as Vanhill passes the device -- refurbished with the latest electronics -- over discolourations on the core.

This sample, like the others to follow, will be sent to the Saskatchewan Research Council to be assayed.

Whether North American Gem finds a deposit right here or not is not really the point, says Desjardins.

"There`s two million acres staked behind us here, and I think the game would be on for everybody," he says.

All told, Desjardins estimates North American Gem will invest about $225,000 in the Whisky Gap Project. The Vancouver company also has 81,000 hectares staked nearby in the Del Bonita area.

Back at the ranch, the excitement of landowners Mel and Dianne Thomson is palpable as they go about their business.

The couple has lived on the 1,280 acre (two sections) spread for 32 years, but this spring was the first they learned uranium may be on their property.

The thought that finding a deposit on their land has the potential to launch a new industry in the area sits well with the couple.

"It kinda gives you a little bit of prestige, I guess," says Mel.

"Lester says that it could be as big a breakthrough for uranium as Leduc was for oil."

Canada is the world`s largest producer of uranium. In 2004, Canada produced 13,676 tonnes of uranium oxide concentrate -- about 30 per cent of total world production -- at a value of about $800 million.

High-grade uranium has been mined from the Athabasca Basin in Northern Alberta and Saskatchewan for decades.

While most of these ore deposits are highly radioactive and require remote-controlled equipment and other safeguards to be mined, sandstone-hosted uranium deposits tend to be small and of low grades and can be mined differently.

Lower grades don`t mean a lower market price, however.

"You make it into yellow cake, which is uranium oxide, and it doesn`t matter what grade it came from -- it`s just a question of how much you want to spend to get to that," says Alun Richards, spokesman for Saskatoon-based uranium producer Cogema Resources Inc.

[Lachmann]

Cogema`s uranium mines in Northern Saskatchewan have grades averaging 20 to 25 per cent. Southern Alberta isn`t on their radar.

Vanhill argues sandstone-hosted deposits do have one advantage over deposits in the Athabasca Basin: cost.

Most northern sites are remote and can only be reached by helicopter -- a cost that runs about $100 per five minutes -- so it`s more economical for junior companies to explore in Southern Alberta, he says.

"I can go and pick the core boxes up with the truck and take them to the core shack compared to a $1,000 chopper ride," Vanhill says.

This holds true for operating costs. Salman Partner`s Goldie estimates it costs about $20 million to build an ISL operation compared with $1 billion to build an underground mine in the Athabasca Basin.

Until now, no one had looked for uranium in Southern Alberta since the last uranium boom ended in the early 1980s.

That`s when the price of uranium fell from about $40 a pound to about $8, following the Three Mile Island incident in the U.S.

Helping to rekindle interest is an old Alberta Geological Survey report published in 1994 highlighting the province`s mineral potential.

Compiled by Reg Olson and others, including members of the AGS, the report contained an old exploration report that identified a 1981 uranium `occurrence` along the Waterton River, meaning there are signs uranium could be in an area as opposed to a deposit.

According to the old report, the occurrence was from a rock sample with a uranium grade of 0.2 per cent.

As things turned out, it didn`t much matter. All exploration in Southern Alberta was dropped before any companies could drill or conduct further exploration as nuclear power fell into disfavour following the Three Mile Island incident in the U.S. and, in 1986, Chernobyl in Russia.

At the same time, the fall of the Iron Curtain, particularly between the U.S. and Russia, saw the agreement to decommission nuclear weapons, and that enriched uranium was used to fuel existing reactors, so supply wasn`t an issue, says Olson, now leader of the Northern Resources Development section of the Alberta Geological Survey. That cycle ended about two years ago, he says.

Still, the uranium potential of Southern Alberta lay largely forgotten until last December, when Vanhill, an enterprising prospector and owner of SandSwamp Exploration Ltd. near Dapp, in northern Alberta, came across Olson`s old report.

Vanhill staked the original property and sold it to Edmonton`s Firestone Ventures Inc. this spring.

That said, Olson says at this stage of early exploration, the uranium potential in Southern Alberta is unknown.

He estimates the potential is somewhere between low and possibly high, but at this stage it`s impossible to say.

"That`s the nature of the mining exploration game, especially with the juniors," Olson says.

"It is a risky business at this point in time."

[Lachmann]

Firestone is now in the early stages of prospecting and exploring 48,000 hectares staked in the Fort Macleod and Cardston areas.

Firestone president Lori Walton makes no bones about the high risk nature of the venture.

The chances of actually finding an economic deposit of sandstone-hosted uranium -- mine company speak for the motherlode -- are pretty well one in 2,000, she says.

Any mining activity, if a deposit is found, would be at least five to 10 years down the road, given the exploration and lengthy federal and provincial regulatory processes required before starting a uranium mine.

The time frame isn`t a concern for Walton. She believes the long-term outlook for uranium is solid.

"Uranium is in Southern Alberta; what we`re looking for is an economic concentration of it, and that will take years to determine," Walton says.

Rick Boulay, president of Marum Resources Inc., is preparing to begin exploratory drilling south of Fort Macleod in early December.

Marum`s permits, located 10 kilometres south of Fort Macleod, cover 368 square kilometres. The plan is to drill 25 holes to a depth of about 100 metres each over a 10-day period, he says.

Boulay, a longtime prospector, says he likes that there`s existing industrial infrastructure and access in Southern Alberta. But there`s more.

"The geology there is a dead ringer for several uranium producing areas of the Western U.S.," he says.

Salman Partner`s Goldie notes these types of deposits do tend to occur on the fringes of major oil and gas fields.

With Saskatchewan right next door, its likely the basement rocks underneath the oil bearing rocks are enriched in uranium, he says.

"So there`s two of the most promising ingredients for that kind of deposit -- a source of uranium and a place to put it," Goldie says.

Indeed a lot of the interest in Southern Alberta has to do with its geology, which is very similar to a district in Wyoming, Nebraska and Texas where sandstone-hosted uranium has been successfully mined for years.

Cameco has used ISL mining methods to mine uranium at its Crow Butte mine in Nebraska and the Smith Ranch-Highland mine in Wyoming since the 1980s. In 2004, Crow Butte produced 0.8 million pounds of uranium and employed 40 people, while the Smith Ranch-Highland property produced 1.5 million pounds and employed 80 people, says Cameco spokesman Lyle Krahn.

Production from the two ISL properties in the U.S. represents about 11 per cent of Cameco`s overall production, he says.

It`s tough to measure the economic impact of the ISL mines.

"In situ leach operations tend to be smaller," Krahn says. "The deposits in Northern Saskatchewan are exceptional and world class, so they are obviously at a substantially higher grade and really a whole different ball of wax."

The Thomsons may not own the mineral rights to their property, but they do get something out of the deal for allowing North American Gem to explore their land -- two water wells drilled anywhere they want on the ranch, representing a savings of about $20,000.

[Lachmann]

They`re also benefitting from the economic spin-off of the exploration. It`s their tractor that North American Gem hired to haul the drilling rig in, and the couple may end up hauling in water for the drilling operation.

Vanhill and the drilling crew, and Hartley and Desjardins when they`re in town, all lodge at the Thomson Rangeview Ranch guesthouse facilities -- Mel and Dianne run a working guest ranch in the summer -- and also provide meals to the Whisky Gap crew.

Vanhill adds he`s spent a couple of thousand dollars in Cardston and Lethbridge in gear alone.

Economically, a uranium strike has the potential for being a big thing in the area, says Mel.

Dianne adds that any economic benefit wouldn`t be confined to the Thomson ranch.

"If they can find enough here, then it`s all the way through this area," she says.

That`s something that concerns Susan Nelson, manager of the Southwest Alberta Sustainable Community Initiative.

Headquartered at Pincher Creek, the organization works to provide comprehensive information to the community and environmental groups.

The southwest region is dealing with a number of potential growth issues related to tourism, wind energy, natural gas refineries, and now uranium exploration.

Nelson says there`s talk among stakeholders in the community about getting a study done of the area to try and understand exactly what would happen to the area if all these projects came to be.

She admits she has some concerns about a potential uranium development in the area.

"I certainly want to make sure that there are regulations in place that are going to make sure that these guys are doing what they`re supposed to be doing," she says.

[e-mail]

New reactors fuel growing demand for uranium

There were 440 nuclear power reactors in 31 countries at the end of 2004. As of May 2005, there were 24 nuclear reactor plants under construction, another 40 being planned and 73 proposed, mostly in Asia and Eastern Europe. Here are the world`s main nuclear power players:

Staked territory in southern Alberta

Rising uranium prices have sparked a staking rush as a half dozen junior companies staked claims on a swath of land running from south of Calgary to the U.S. border. Although there are surface indicators of uranium, prospectors have yet to find anything of significance.


© The Calgary Herald 2005

[Tr@dex]

North American Gem Inc. Provides an Update for the Drill Program on the Whiskey Gap Uranium Project

December 1, 2005: North American Gem Inc. (NAG:TSX-v) (the “Company”) presents the Radiometric intersections for the first seven holes drilled on the Whiskey Gap Uranium project. Radioactive logs have been measured in API (American Petroleum Institute) units and recorded over an interval measured in meters. The Radiometric logs have been measured by Electrolog Services Inc. out of Calgary, Alberta.

Radiometric Logs of the First Seven Drill Holes from the Whiskey Gap Project


Radioactive Zone Thickness (meters) Maximum Radioactivity
Total Depth Exceeding 150 API units In API units
DD Hole in Meters From Geophysical Logs From Geophysical Logs
NWG-05-01 137.2 1.0 175
NWG-05-02 149.4 5.0 782
NWG-05-03 147.9 1.6 238
NWG-05-04 103.7 2.4 265
NWG-05-05 100 3.0 292
NWG-05-06 100 2.0 300
NWG-05-07 100 2.5 275

*** Due to instrument response times and logging speed, radioactive zones in core, may be thinner than they appear on the geophysical logs.
****The measurement scale of the gamma-ray log is in API (American Petroleum Institute) units, and is accepted as the international reference standard that allows consistent comparisons to be made between a wide variety of gamma-ray counting devices. The API standard was conceived originally so that a typical shale would register at about 100 API units.
“We are very encouraged by the radiometric results in this drill program, there is anomalous radioactivity in every hole.” said Charles Dejardins, President of North American Gem Inc.

All cores from radioactive intersections will be split and forwarded to the Saskatchewan Research Council (SRC) for chemical analysis. At this time samples have been sent to the SRC for analysis.

The current drill program will now focus its drilling around the discovery water well, the well in which the high Radon values were discovered (5600 picocuries of radon per liter).

The Whiskey Gap property is underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Wyoming that host significant Roll front Uranium deposits. Preliminary sampling of domestic water sources by International Ranger has defined several strong radon and uranium anomalies in the water, that compare favorably with published radon studies conducted in proximity to sandstone hosted uranium ore bodies in south Texas and Wyoming. The text of the International Ranger geological report on the Whiskey Gap property by G.S. Hartley may be viewed at http://www.internationalranger.com/Prospect.pdf .

[Tr@dex]

Meinungen bei Stockhouse Canada:

"A second measurement of gamma counts is the made with the detector centered in the HIGH RADIOACTIVITY ZONE. The HIGH RADIOACTIVITY ZONE corresponds to 200 API units."
And thats the LOW end reading of the 7 for 7 holes... and,

700+ API is MASSIVE !!!!!!!!!!!!!!!!!!!!!

...and...

Looks, based on FACTS and SCIENCE, like 782 API units @ 15 FEET THICK ZONE @ 450 feet deep is a GIANT HIT !!!

*********************************************************

Don`t think people realize the significance of this find.
They will.
If they have found a 5 metre zone over 150 API and
a max of over 700 API (7 X 100) think of what they haven`t found yet.

Every hole is a hit so far and this only leads us to believe that the possibility that we have not even scratched surface of the findings is immense! If we have found uranium one this area, it is very likely that there could be uranium surrounding it as well. Keep in mind, we have Del Bonita too!

********************************************************

Notice:

"middle 8 feet (of Concrete @ Texas) is a mix of radioactive elements designed to closely match a radiation level of twice the mid-continent US shale"

and

"They will read the same only if the downhole formation contains the *** same proportions of thorium, potassium and uranium*** as the Houston standard."

SOOOOOOO.....

We have 7 holes, 6 of which are GREATER THAN 225 API...On a SCALE THAT WAS BASED ON 3 RADIOACTIVE ELEMENTS IN THE CALIBRATION CONCRETE BLOCK...

See where I`m going with this ???

WE ***ONLY*** HAVE *URANIUM* AND IT READ UP TO ***SEVEN HUNDRED EIGHTY TWO (782 API) OVER 15 FEET***

Thus, the TOTAL amount of Gamma Rays has to be nearly equal to the 3 elements in the Calibration Concrete Block TIMES ALMOST FOUR (4x)...

Did they drill through ROCK???


ALSO,

Note that hole #4 was stopped @ 103.7 meters and they pulled it and found 2.4 (~7.5 feet) of 265 API...

THEN,

They drilled `randomly`??? holes #5,6 & 7 and STOPPED @ 100 meters, exactly... and STILL found 292,300 and 275 API...

THEY KNOW HOW DEEP THIS PLAIN IS...and WHERE IT IS...Looks like EVERYWHERE THEY DRILL...

No wonder the `rumor` was `Hole #2 info is under wraps`.


with JUST URANIUM (presumptively) CREATING THOSE READINGS on a device calibrated against the HOUSTON, TEXAS STANDARD CONCRETE BLOCK INFUSED with 3 radioactive elements @ 2x radioactive shale...

[Tr@dex]

North American Gem Inc. Announces a 40 Hole Drill Program after Receiving Initial Results from the Whiskey Gap Uranium Project

January 30, 2006: North American Gem (NAG- TSX.V) (the “Company”) announces that significant results have been encountered during drilling on the Whiskey Gap Uranium Project, and that a Phase 2 drilling program is anticipated to begin by March 1, 2006.

The Phase 1 Drill Program of 1200 meters was completed in December 2005, to evaluate anomalous Radon gas values in ground water, which exceeded 5000 picocuries per liter.

Anomalous radioactivity, up to a maximum thickness of 5 meters, was encountered in seven drill holes over a wide area within carbonaceous mudstones, in association with a thick sandstone channel sequence.

Assay results from the SRC indicate that the radioactive zones are enriched with Uranium. The source of the Radon anomaly was not located, however a substantial enrichment of heavy metals is present, this heavy metal enrichment halo is typical of sandstone uranium deposits.

The radioactive zones also contain significant, copper, arsenic, molybdenum, vanadium and barium. These pathfinder elements typically occur in association with sandstone uranium deposits in Wyoming and Colorado.

North American Gem is extremely encouraged by these preliminary results, and is confident that further work in the area will define significant sandstone hosted Uranium mineralization.

The Phase 2 drill program will include drilling of up to 40 holes to further delineate the sandstone channel system and define the mineralization.

The Whiskey Gap Project is a Joint Venture between North American Gem Inc. and International Ranger Corp., whereby the Company can earn a 70% interest by spending $1,250,000 over 3 years. An additional 10% can be earned by taking the project to feasibility.

The Whiskey Gap property is underlain by a series of fluvial sandstones of Cretaceous age, thought to be analogous to sandstones in parts of Wyoming that host significant Roll front Uranium deposits.

The project is under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101, and the contents of this news release have been reviewed by Glenn .S. Hartley.

North American Gem Inc. (NAG:TSX-v) 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. The Company is actively pursuing several opportunities, including the company`s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.

On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
Charles Desjardins
President and Director


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company’s future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

[Tr@dex]

Die Louise Lake Liegenschaft scheint sich auch zu entwickeln !!

Encouraging Results from First Two Diamond Drill Holes, 2006 Program
Louise Lake Project, North American Gem Inc.


March 7, 2006, The Board of Directors of North American Gem Inc (NAG, TSX-V) is pleased to announce that encouraging results have been returned from the first two diamond drill holes at the Company’s Louise Lake project, 35 kilometres west of Smithers, British Columbia, Canada. The road-accessible property is located 35 kilometres west of Smithers, a full-service community with excellent access to highway, rail and electrical power infrastructure.

Both holes were designed to test the southern “footwall” margin of the “Main Zone” of porphyry-style copper-gold-molybdenum-silver mineralization, and were collared south of all holes drilled from 2004 onwards. Hole LL-06-01 was a “twinned” hole of DDH 18, originally drilled in 1989 by Corona Gold Corporation. Hole LL-06-01 returned a 166.85-metre intercept from 9.75m (casing) to 176.6m grading 0.214% copper (Cu), 42 ppm molybdenum (Mo), 0.187 g/t gold (Au) and 1.2 g/t silver (Ag). Anomalous but subeconomic values were returned beyond this to a depth of 215.6m.

Results from 2006 drilling are comparable to those returned in 1989, when a grade of 0.249% Cu, 49 ppm Mo, 0.265 g/t Au and 1.1 g/t Ag across 117.3m was returned. DDH 18 was terminated in mineralization at a depth of 121.0m. Values returned to 121.4m in Hole LL-06-01 are: 0.227% Cu, 32 ppm Mo, 0.227 g/t Au and 1.2 g/t Ag across 111.65m. A strong correlation exists between higher and lower grade sections in both holes.

Hole LL-06-02 was collared 55 metres south of LL-06-01, again testing the footwall contact. This returned a 107.4-metre interval extending from 6.1m (casing) to 113.5m, grading 0.227% Cu, 57 ppm Mo, 0.163 g/t Au and 1.5 g/t Ag, including a 59.2-metre interval from 28.7m – 87.9m grading 0.290% Cu, 43 ppm Mo, 0.223 g/t Au and 2.1 g/t Ag. The latter interval includes a 0.5m interval containing vein-style massive sulphides grading 1.78% Cu, 26 ppm Mo, 5.34 g/t gold, 110 g/t silver, 3.38% zinc and 1.56% lead; this is the first such interval encountered from 2004 onwards. Although the southern footwall contact of the Main Zone is now being delineated, it is somewhat deeper (thus further south) than expected, effectively increasing known zone widths.








The following table lists significant intercepts from the two holes:

Hole Interval (metres) Length (m) Copper (%) Molybdenum
(ppm) Gold
(g/t) Silver
(g/t) Copper
Equiv (%)*
LL-06-01 9.75 – 176.6m 166.85 0.214 42 0.187 1.2 0.372
Includes: 86.25 – 121.4 35.15 0.319 39 0.294 1.5 0.520
LL-06-02 6.1 – 113.5m 107.4 0.227 57 0.163 1.5 0.400
Includes: 28.7 – 87.9 59.2 0.290 43 0.223 2.1 0.473
* Assumes prices of $1.30/lb Cu, $20.00/lb Mo, $400/oz Au and $7.00/oz Ag (US dollars)

The 2006 program will also focus on potential further extensions of the Main Zone to the east and west. The program will also test potential down-dip extension of an overlying mineralized zone in northeastern areas. Some infill drilling will also be done.

The Main Zone hosts an unusual mineral assemblage, with copper occurring almost exclusively as “tennantite”, suggesting top levels of a porphyry system. The 2004 and 2005 programs extended the known dimensions of the east-west striking, moderately north-dipping tabular Main Zone both to the west and east, as well as down-dip to the north. The Main Zone has a minimum strike length of 750 meters, is up to 170 meters thick, and extends to a depth of 250 – 270 meters, where it is abruptly truncated by the flat-lying “Terminator” fault.

As of March 6, 2006, eight holes have been completed, including Hole LL-06-07, which intersected roughly 72 meters of low-grade tennantite and minor molybdenite directly overlying the “Terminator” at a depth of 300 meters. Importantly, this hole also intersected a second strongly altered zone hosting tennantite with minor molybdenite extending from roughly 316 meters to the end of hole at 419.7 meters. This is the first sizable intercept below the “Terminator” and may represent upper levels of the interpreted underlying “offset” portion. Results are pending.

In 1992, former operator Equity Silver Mines Ltd. released a geological resource estimate for the Main Zone of 50 Million tonnes grading 0.3% copper and 0.3 g/t gold. The 1992 estimate by Equity Silver Mines Ltd. was produced prior to implementation of modern resource standards contained within National Instrument 43-101, does not distinguish between resource categories, and should not be relied on to necessarily represent accurate estimates under modern standards. No subsequent resource estimates have been made. North American Gem is not treating this estimate as an NI 43-101 defined resource verified by a Qualified Person and has not done the work necessary to verify the classification of the resource.







The current drilling program will be completed in mid-March, 2006, with the updated resource estimate expected in spring 2006.

This News Release was reviewed and approved by Carl Schulze, BSc, PGeo, Qualified Person for the project, in accordance with regulations under National Instrument 43-101. All sample analysis is being done by ALS Chemex of North Vancouver, British Columbia, Canada.


About North American Gem Inc North American Gem Inc. (NAG:TSX-v) 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. The Company is actively pursuing several opportunities, including the company`s Louise Lake Property located in British Columbia, Canada and its Uranium and Multi-mineral deposit Properties which are the Del Bonita, the Western Basin, the Bonny Fault, and the Whiskey Gap, all located in Alberta, Canada.



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

Charles Desjardins
President and Director