True North Gems Inc.
TSX VENTURE : TGX

True North Gems Inc.

July 17, 2007 09:00 ET

True North Gems Initiates Aappaluttoq Diamond Drilling on Greenland Ruby Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2007) - True North Gems (TSX VENTURE:TGX) is pleased to announce the commencement of diamond drilling at the Aappaluttoq ruby occurrence as part of the 2007 exploration program on the Company's 110 km2 Fiskenaesset Ruby Project, located on the southwest coast of Greenland.

The Phase 1 drill program at Fiskenaesset will include detailed drill testing of the Aappaluttoq occurrence, and exploration drilling of other ruby targets identified along strike on the Ruby Island Line.

The drilling program will comprise a total of 5000 metres with holes ranging from 30 metres to 125 metres. The holes will be drilled in a series of fences ranging from 12.5 metre to 50 metre spacing providing 3-5 pierce points through the mineralized section and, where mineralized bedrock is explosed along strike, a surface sampling point for a 1-3 tonne mini-bulk sample. The majority of the 2007 drilling will be focused around the Aappaluttoq occurrence with a minimum of 8-10 sections to document grade and continuity of the ruby mineralization.

The 2007 exploration program has been implemented with the objective of delivering a Preliminary Assessment on the Aappaluttoq ruby occurrence, the most promising occurrence identified to date from the Company's Greenland ruby property.

In preparation for the completion of a Preliminary Assessment of the Aappaluttoq occurrence Wardrop Engineering has been engaged to act as Independent Qualified Person. Wardrop is an internationally recognized engineering firm and will provide site due diligence, project oversight and quality assurance, and the preparation of the Preliminary Assessment of the Aappaluttoq ruby occurrence.

The planning and execution of the ruby exploration and quality control programs at the Fiskenaesset Ruby Project are under the supervision of Greg Davison, True North Gems VP Exploration. Mr. Davison 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 North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and has the rights to earn 100% interest in the Fiskenaesset ruby and pink sapphire property in Greenland, and holds a 100% interest in the Yukon-based Tsa da Glisza emerald property and the Baffin sapphire property located on Baffin Island.

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

  • True North Gems Inc.
    Greg Fekete
    President
    (604) 687-8055 or 1-800-399-8055
    or
    True North Gems Inc.
    Ken Shortt
    Investor Relations
    (604) 687-8055 or 1-800-399-8055
    Email: ken@truenorthgems.com
    Website: www.truenorthgems.com