True North Gems Inc.

True North Gems Inc.

July 20, 2005 18:08 ET

True North Gems Identifies Seventh Ruby Occurrence in Greenland

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 20, 2005) - True North Gems Inc. (TSX VENTURE:TGX) is pleased to announce it has located a seventh confirmed ruby occurrence on its 110 km2 Greenland ruby property. The showing is called Kigutilik (pronounced Kig-oo-ta-lik), meaning "The Tooth" in Greenlandic.

The primary showing identified at Kigutilik is exposed over a surface area of 30 metres in diameter and follow-up prospecting has lead to the discovery of six additional ruby occurrences along a strike length 520 meters. Gem quality ruby crystals observed at the surface at Kigutilik measure up to 2 cm by 1 cm.

Field observations indicate that the gem grades and gem ratios at Kigutilik are high. Locally, grade concentrations of corundum exceed 10 percent of the host rock and 10 percent of the corundum is gem grade ruby. These aspects of the Kigutilik occurrence are greater than those described from the Siggartartulik occurrence located 2.7 km to the east.

The Siggartartilik ruby deposit was bulk sampled by True North Gems in 2004 and returned grades of 143 grams of gem ruby per tonne and preliminary valuations of US$313 per tonne (see press release dated June 21, 2005). William Rohtert, COO of True North, says, "Kigutilik is an important discovery for True North based on the size of the showing and the quality and abundance of ruby observed in outcrop."

The Kigutilik showing is an historic ruby occurrence that was bulk sampled by previous workers in the 1980s. The location of this occurrence was not on record with the Greenland government has remained undocumented until now. The identification of the Kigutilik occurrence was a primary objective for True North's exploration team and this achievement demonstrates the success of the company's geologic mapping campaign.

Kigutilik will be included in True North's bulk sample program for 2005 (see press release dated July 12, 2005) and the excavation of 3 tonnes of representative material is currently in progress.

Ruby is one of the rarest and most valuable gemstones on earth. It is a variety of the mineral corundum that gets its red colour from the element chromium which also induces fluorescence in the stone, making the ruby appear to glow from within. Large, high quality rubies can exceed diamonds in value and sell in the range of US $1,450-$25,000 per carat.

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's Chief Operating Officer. Mr. Rohtert is a qualified person as defined by National Instrument 43-101. Mr Rohtert also directly controls the gemmological grading and manufacturing experiments.

True North Gems is a public company listed on the TSX Venture exchange and is engaged in the exploration and development of North American coloured gemstone deposits. The company is a pioneer in Canadian coloured gemstone exploration and owns a 100% interest in the Yukon-based Tsa da Glisza emerald property and the rights to earn 100% interest in the Beluga sapphire property located on Baffin Island and the Fiskenaesset ruby 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.

Contact Information