True North Gems Inc.
TSX VENTURE : TGX

True North Gems Inc.

January 28, 2008 14:29 ET

True North Gems Staking Doubles Baffin Island Sapphire Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2008) - True North Gems (TSX VENTURE:TGX) is pleased to announce the expansion of its Beluga sapphire property by staking six additional claims comprising 18.95 km2 contiguous to True North's existing claims. The Beluga sapphire property, now covering 38 km2, is located near the hamlet of Kimmirut, along the south coast of Baffin Island, Nunavut, Canada.

The new claims were staked to cover additional occurrences of sapphire and scapolite, a diagnostic indicator mineral, extending to the southwest and southeast from the known sapphire mineralization, and highly prospective geology continuing to the north and northeast.

"Exploration on the Beluga property during 2007 continued to provide new discoveries containing colourless to blue, multi-carat sapphires. We remain very encouraged with the regional gemstone potential of the Lake Harbour marbles, and in light of the recent exploration success, another program of ultraviolet light prospecting, geological mapping and bulk sampling is planned for our expanded property holdings in 2008," said Greg Davison, True North Gems' Vice President Exploration.

The original property, staked in 2002, was comprised of two claims with an approximate area of 11.5 km2 and in 2005, two additional claims comprising approximately 6.95 km2 were staked contiguous to the west of the initial claims. True North Gems completed its earn-in obligations on the original claims in 2006 and now owns a 100% interest in all ten claims subject to a production royalty payable to the vendor.

The planning and execution of the sapphire exploration and quality control programs at the Beluga 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.

Information about True North Gems and the Beluga sapphire Project can be viewed at the Company's website www.truenorthgems.com or at www.sedar.com.

True North Gems Inc. is listed on the TSX Venture Exchange. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, holds a 100% interest in the Qaqqatsiaq ruby property and has the rights to earn 100% interest in the Fiskenaesset ruby and pink sapphire property, and in Canada, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut.

The Company relies on litigation protection for "forward-looking" statements. Certain technical information contained within this press release is 43-101 non-compliant by virtue of the fact that National Instrument 43-101 which governs public disclosure of technical information for mineral exploration properties in Canada is silent with respect to the exploration and technical disclosure of gemstone properties. The company employs high standards for the collection of geological information and exploration data, employs industry recognized professionals as qualified persons to provide oversight and management of the exploration programs and is committed to the implementation of QA/QC protocols to monitor the integrity of the technical information.

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 Davison
    Vice President Exploration
    (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