True North Gems Inc.
TSX VENTURE : TGX

True North Gems Inc.

August 09, 2006 09:15 ET

Media Release: True North Gems' Regional Exploration Discovers New Greenland Ruby Showings

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 9, 2006) - True North Gems (TSX VENTURE:TGX) is pleased to announce that the regional prospecting being conducted as part of its 2006 ruby exploration program on the Company's 110 km2 property located near the village of Fiskenaesset, on the west coast of Greenland, has resulted in the identification of 7 new occurrences of ruby mineralization.

The regional exploration program was initiated by True North's exploration team on June 20, 2006 and is now near completion. The program's mandate was to complete the evaluation of 20 localities with the potential to host ruby mineralization, identified from geological data collected in 2005.

To date, from these twenty (20) prospects, seven (7) new ruby showings have been confirmed.

"The performance of the Fiskenaesset ruby property continues to impress with the investigation of regional exploration targets leading to the discovery of confirmed ruby mineralization at a significant rate," said William Rohtert, True North Gems' Chief Operating Officer.

Additional information on Greenland Rubies, technical reports on ruby exploration and other public documents are available at www.sedar.com or, at the company's website, www.truenorthgems.com.

The planning and execution of the ruby exploration and quality control programs at the Greenland ruby project are under the supervision of William Rohtert, True North Gems' Chief Operating Officer. Mr. Rohtert is a qualified person as defined by National Instrument 43-101.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of coloured gemstone prospects in North America and Greenland. The Company is a pioneer in coloured gemstone exploration and owns 100% interest in the Yukon-based Tsa da Glisza emerald property, the rights to earn a 100% interest in the Beluga sapphire property located on Baffin Island and the Fiskenaesset ruby and pink sapphire property in Greenland.

The Company relies on litigation protection for "forward-looking" statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

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