VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 24, 2012) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the launch of www.truenorthgems.gl, their new Greenlandic website, as well as the introduction of a Danish website, www.truenorthgems.com/dk.

“True North Gems understands not only the need but also the duty it has to share information regarding the permitting process with the people of Greenland in their language of choice,” says President and CEO Nicholas Houghton. “Through this Greenlandic portal, we will be able keep communities aware of the upcoming public meetings required as a pre-requisite to gaining our exploitation permit, allowing them to share in our vision which will be beneficial for all.”

These new websites will be updated regularly with the latest news related to the Aappaluttoq permitting process in both Greenlandic and Danish, purposefully building a valuable information resource center for the public as the Company moves forward into the final stages of permitting.

“This step re-enforces True North Gems mandate to cultivate open communication and relationships of trust with the people and government of Greenland, both of which will be integral to the success of this project,” says Bent Olsvig Jensen, Managing Director of wholly owned subsidiary, True North Gems Greenland A/S. “In the future, these websites will develop additional features based on the interest and feedback from the Greenlandic public, and in time are poised to become the forums for material regarding upcoming employment opportunities and ongoing CSR initiatives.”

True North Gems’ CSR program is designed to create a legacy of socially responsible development, safety and environmental protection, employee development practices and enduring community benefits in their countries of operation. To date, the Company’s community engagement activities in Greenland have included: training and seasonal employment for individuals from the communities of Fiskanaesset and Nuuk; development of gemstone polishing and jewelry manufacturing programs; and financial and in-kind support of community wellness and employee health and safety initiatives. The Company is also proud to be a member of local organizations CSR Greenland, Transparency Greenland, and Employers Association of Greenland.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life.

The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements. These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements. These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property]. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ward Kondas
Corporate Communications
604-687-8055 or 1-800-399-8055
604-899-1240 (FAX)
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 12, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the discovery of a 4.7km extension to the highly mineralized Ruby Island Trend. This ultramafic to mafic intrusive layer is host to the Aappaluttoq Ruby Deposit and numerous other chromium rich corundum showings on True North’s Fiskenaesett property located in SW Greenland. The newly discovered extension, when combined with previous regional mapping, increases the mapped strike length of the Ruby Island horizon to 8.3km. This horizon is interpreted to continue to the northeast.

“This new data confirms the results of the pre-feasibility study filed in June 2011 focuses only on a small portion of the regional ruby potential.” reported President and CEO Nicholas Houghton. “Further analysis of the 2011 field season’s work is underway and results are expected shortly”.

Phase 1 of the 2011 exploration field season included:

1. Detailed geological mapping along strike of the Aappaluttoq Ruby Deposit, and regionally within the Fiskenaesset igneous complex using high resolution orthophotos;
2. Processing and interpretation of regional airborne magnetic survey data from the Greenland and Denmark geological survey (GEUS), focusing on identifying regional trends, structures and areas of prospective ultramafic horizons (important for high-quality ruby and pink sapphire formation);
3. A total of 606 analytical readings were taken on-site using an XRF (Niton) geochemical analyzer. Results were used to track geochemically anomalous areas located while mapping the ruby prospective stratigraphy. These analyses also provide good background geochemical data for comparison to the underlying geology at the Aappaluttoq ruby deposit; and
4. A total of 20 rock chip samples were sent to certified geochemical laboratories in Greenland and Canada for multi-element analysis. Final results are still pending.

Ms Bonnie Weston, Professional Geologist, True North Gems’ Manager of Technical Services is a Qualified Person under NI43-101 regulations. Ms Weston has reviewed this release and approves of its contents.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in colored gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

Visit our website: www.truenorthgems.com

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life. The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements. These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements.

These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property]. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ward Kondas
Corporate Communications
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 14, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the completion of the 2011 fieldwork program at the Company’s 100% owned Tsa da Glisza emerald project, its 100% owned Straw base-metal project, its 100% owned Aurora-Batea blue beryl & base metal project, and an update on the 100% owned True Blue REE project, all situated in the Finlayson District of the Yukon Territory, Canada.

True North Gems engaged EBA a Tetra Tech Company (EBA), of Whitehorse, Yukon to aid in the evaluation of existing site conditions at the Tsa da Glisza emerald property. A field-visit was completed by EBA geologists, engineers, and sub-contractors who completed an assessment of the underground exploration portal opened in 2002. True North has been provided with a report to be used in planning future activities at the site. EBA, is a multi-disciplinary consultancy which offers a comprehensive range of services in mining, energy, transportation and the development sectors to clients throughout Canada and internationally.

Further to the work described above, the Company completed limited exploration work on its 100% owned Straw project. This property lies adjacent to both the Tsa da Glisza emerald project and Pacific Ridge Exploration Ltd. Fyre Lake/Kona deposit. Pacific Ridge’s deposit is a copper-cobalt-gold bearing massive sulphide deposit with a NI 43-101 compliant resource. True North Gems completed a limited geological mapping and geochemical sampling program for internal QA/QC procedures.

At the Company’s 100% owned Aurora-Batea project, the Company completed a brief geological assessment. Encouraging initial results from the 2006 and 2007 exploration programs have indicated this project has potential for good quality gem aquamarine (blue beryl) mineralization, and has extensive base and precious metal geochemical anomalies. The 2011 program focused on local scale geological mapping and sampling.

Nick Houghton, President and CEO of True North Gems stated “Although the Company remains focused on advancing the Fiskenaesset Ruby Project in Greenland, this year’s activities show the significant value in our Yukon gemstone, base-metal and rare earth element projects.”

The Company would also like to announce the cessation of the option agreement with Great Western Minerals regarding the True Blue Rare Earth Element property. After completing $900,000 of exploration expenditures GWG has notified the Company that they no longer wish to continue with the Option; consequently the project was returned to the Company portfolio in August 2011. During the term of the Option, GWG implemented a three-fold size increase to the property, completed airborne geophysics,and completed an extensive ground geochemical sampling program. True North will review the newly acquired data and assess the need for future exploration on this property.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life. The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements. These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements. These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property]. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ward Kondas
Corporate Communications
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 11, 2011) – True North Gems Inc. (TSX VENTURE:TGX) today announced that it has appointed Mr. Bent Olsvig Jensen as Managing Director for its wholly owned Greenland subsidiary, True North Gems Greenland A/S. Mr. Olsvig Jensen will oversee the anticipated transition from a successful exploration company to being a leading producer of gem quality ruby and pink sapphire.

Mr. Olsvig Jensen will be based in Nuuk, Greenland, and offers the company extensive business experience and an understanding of the relationship dynamics of local operations having worked in senior management for the past thirteen years for Greenland based companies. His diverse portfolio of responsibilities have included community and government relations, corporate project development, implementation of Quality Assurance Programs at nine factories, employee training development, and preparation of statistical data related to production, staffing and operational maximization.

Mr. Olsvig Jensen also has proficiency and familiarity of the Greenlandic Educational and Municipal Council system, where responsibilities undertaken have including liaison and cooperation with Community leaders’ for development of public awareness programs.

“It is such a unique and exciting project,” says Mr. Olsvig Jensen. “As we move towards production of ruby and pink sapphire, I am looking forward to being an integral member of True North Gems team and enhancing the contributions and opportunities that we as a Company can bring to both the local communities and Greenland as a whole.”

President and Chief Executive Officer Nicholas Houghton commented, “The engagement of Mr. Olsvig Jensen as our Nuuk-based managing director demonstrates the commitment that we have in advancing the project and ensuring the project benefits the local communities. The community relationship, operational and development capabilities that Mr. Olsvig Jensen offers True North Gems will prove to be an invaluable asset to our company.”

True North Gems are also pleased to announce the appointment of Mr. Ward Kondas, and look forward to his involvement going forward with the Company through his extensive experience and background in Corporate Communications and Finance.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life. The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements. These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements. These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ward Kondas
Corporate Communication
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 16, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the appointment of Mr. Peter Friedmann to the Board of Directors.

Mr. Friedmann has a broad spectrum of knowledge in the both the private and public business sectors, and is currently a principal of a venture capital company investing in technology driven companies. In addition, through his extensive international network and contacts, Mr. Friedmann will assist in developing finance connections as the Company progresses towards production. Mr. Friedmann will assume his Board role as the nominee for the Halman-Aldubi Group. Mr. Friedmann is a significant investor in the Halman-Aldubi Group.

Mr. Martin Irving, the previous Board nominee for the Halman-Aldubi Group, has resigned from his Board role to accommodate Mr. Friedmann. The Company is pleased that Mr. Irving will continue his relationship and provide his experience to True North Gems through his appointment to the Company’s technical advisory board.

The Company is pleased to also announce the appointment of Sherry Siu as corporate secretary, bringing extensive experience with publicly traded companies.

True North Gems has granted 1.1 million incentive stock options for employees and the new director and officer appointments. The options have an exercise price of $0.15 per share and will expire on September 14, 2016.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

For further information, visit our website: www.truenorthgems.com.

The Company relies on litigation protection for “forward-looking” statements. Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gemstone products produced, anticipated costs and ability to achieve goals. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, among others, price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, litigation risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees, additional funding requirements and defective title to mineral claims or property. Investors are cautioned that, although management is proceeding with an exploitation (mining) permit application, the Aappaluttoq project may never achieve successful commercial production.

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

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 15, 2011) – True North Gems Inc. (TSX VENTURE:TGX) (the “Company”) is pleased to announce that it has filed a technical report as required under National Instrument 43-101 that summarizes the pre-feasibility study prepared by EBA Engineering on the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. This report details the results of the pre-feasibility study first reported by the Company in a news release dated June 1, 2011.

The report is available on SEDAR (http://www.sedar.com) and is also posted on the Company’s website (http://truenorthgems.com).

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life. The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements. These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements. These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property]. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 13, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the filing of the exploitation (mining) permit application for the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. The Company has filed its application together with an accompanying technical report, draft Environmental Impact Assessment (EIA) and draft Socioeconomic Impact Assessment (SIA), as required by the Greenland Mineral Resource Act.

The proposed project will employ up to 60 people during the construction phase, and seventy to eighty personnel once operations reach full capacity. This will include up to 14 people at the Company’s office and rough gemstone sorting facility in Nuuk. The production of ruby and pink sapphire from the deposit is expected to continue for nine years based on the current development plan. Further development and exploration of the deposit is expected to extend the life of the operation for several more years.

“A priority for the Company is hiring the majority of our employees in Greenland and, through training programs, build sustainable skills that will benefit the local Greenlandic communities,” said Nicholas Houghton, President and CEO. “With this positive and productive relationship, we can all look forward to building an exciting new gemstone venture through a partnership that everyone in Greenland will be proud of.”

The executive summary of the EIA and SIA will be translated into Greenlandic and Danish and will be available on the Company’s website.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

This document contains “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities legislation, which are made as of the date of this document or the document(s) referred to herein. Statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, without limitation, statements with respect to: the amount of mineral reserves and mineral resources; the amount of future production over any period; net present value and internal rates of return of the proposed mining operation; capital costs; operating costs; strip ratios and mining rates; and mine life. The forward-looking statements are made based upon certain assumptions which, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by the forward-looking statements.

These assumptions include, without limitation: the price of gemstone products produced; anticipated costs; the presence of and continuity of gemstones at modeled grades and values; the capacities of various machinery and equipment; the availability of personnel, machinery and equipment at estimated prices; exchange rates; appropriate discount rates; tax rates applicable to the proposed mining operation; financing structure and costs; anticipated mining losses and dilution; gemstone recovery rates; reasonable contingency requirements; and receipt of regulatory approvals on acceptable terms. By their very nature, forward-looking statements involve inherent risks and uncertainties that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements. These include, without limitation: price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees; additional funding requirements and defective title to mineral claims or property]. This list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s management’s discussion & analysis. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 1, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the receipt of a draft pre-feasibility study for the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland.

This study was completed on the Aappaluttoq deposit, one of several ruby discoveries on the property, and was prepared by EBA, a Tetra Tech Company, of Vancouver BC (“EBA”) and MT Hojgaard of Denmark and Greenland following the resource estimate released on May 17, 2011. Key operating parameters:

• Open pit mine with a 9 year mine life
• Camp and mine facility easily accessible to cost-efficient water transportation
• Total probable reserve of 161,600 tonnes of ore grading 350 grams per tonne of clean corundum
• Processing of 1,100 tonnes of ore in the year of construction, increasing to an average of 22,000 tonnes per year by year 3
• Initial capital investment of $37.4 million including contingency of $4.4 million
• IRR pre-tax (100% equity) of 19.1%
• IRR after-tax (100% equity) 16.5%
• NPV pre-tax (100% equity) $25.7 Million (8% discount rate)
• NPV after-tax (100% equity) $17.5 million (8% discount rate)

“Today’s release demonstrates that the Aappaluttoq ruby project is economic with modest capital requirements in a secure and welcoming jurisdiction. We believe that rough ruby and pink sapphire valuations completed on 2006 surface bulk samples and outlined in news releases of January 16 and 17, 2008, will ultimately prove to be lower than prices attained in the current market once sales are initiated,” commented President and CEO Nicholas Houghton. “We look forward to completing the necessary next steps towards developing this mine and showcasing Greenland rubies and pink sapphires. We have the opportunity to open a new chapter in the coloured gemstone and jewelry world.”

Other opportunities include:

• Inclusion of inferred resources: The resource estimate identifies 77,200 tonnes of inferred resource with a grade of 283 grams per tonne of total clean corundum. In accordance with NI 43-101 standards 62,000 tonnes of the inferred resource falls within the designed pit shell but is not counted as ore in the study. We are optimistic that we will ultimately increase the confidence level of some or all of the inferred resource to enable inclusion in future production estimates.
• Increasing mine life and/or throughput: The deposit remains open along strike in both directions and to depth indicating potential for increased throughput and/or a longer life operation.
• Improved processing: The process flowsheet is based on simple crushing, screening and jigging the ore as demonstrated successfully in the processing of the bulk samples. The process may be adapted to other methods of ore splitting and sorting (such as electric pulse disintegration and optical sorting) which may make recovery of the best quality corundum more efficient and hence reduce operating costs. These methods will be tested further.

Only corundum over 1.7 mm is considered in the study, which is nominally larger than the minimum size of gemstone rough that can be commercially polished. The study contemplates the development of an open pit mine at a 300 meter elevation to extract the probable reserve using conventional mining equipment. The mined ore will be transported to an adjacent process facility where it will be crushed, screened and sorted using a combination of hand-sorting and mineral jigs to extract a rough corundum concentrate. Personnel will be accommodated at a nearby, fully serviced camp. Supplies and personnel will be transported largely by commuter boat from the capital Nuuk (150 km), with other personnel arriving by boat from the local community of Qeqartarsuatsiat (25 km). The rough concentrate will be transported from the mine to a secure sorthouse operated by the Company in Nuuk, where the concentrate will be graded by trained sorters to separate the gem and near-gem rubies and pink sapphires. Non-gem corundum is presently assumed to be waste.

The study demonstrates that positive economic returns from the project are possible and the study justifies securing the required permits for construction and operation. The Company is in the process of filing its application for an exploitation (mining) permit with the Government of Greenland.

Based on bulk sampling done to date, the study assumes that rough gem and near-gem ruby and pink sapphire comprises 39% of the total clean rough corundum in the deposit and that of the gem-and near-gem, 15.9% is rough ruby and 84.1% is rough pink sapphire. An overall total clean rough corundum recovery of 95% is assumed for the processing plant.

Total initial capital investment in the project is estimated to be $33.4 million, exclusive of contingency, which represents the total direct and indirect cost for the complete development of the project, including associated infrastructure such as a full camp, roads and two small ports, as well as sorting facilities in Nuuk.

Next Steps

The Company will issue a final NI 43-101 compliant prefeasibility study Technical Report for the Aappaluttoq ruby project within 45 days as required. This study will accompany an application for an exploitation (mining) license which is expected to be filed within the second quarter of 2011.

Qualified Persons for the NI 43-101 Report

John Chow, M.AusIMM, MIEAust of EBA is the independent Qualified Person responsible for the technical information in this news release in accordance with NI 43-101. Mr. Chow reviewed and approved the contents of this release.

The following companies also contributed to the study and the exploitation permit application:

• MT Hojgaard: infrastructure, transportation, costing
• Wardrop Engineering: Processing and security
• Rambøll: environmental baseline studies, monitoring and Environmental Impact Assessment
• Grontmij: Socioeconomic impact assessment

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

The Company relies on litigation protection for “forward-looking” statements. Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gemstone products produced, anticipated costs and ability to achieve goals. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, among others, price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks, litigation risks, regulatory restrictions (including environmental regulatory restrictions and liability), activities by governmental authorities (including changes in taxation), currency fluctuations, the speculative nature of gemstone exploration, the global economic climate, dilution, share price volatility, competition, loss of key employees, additional funding requirements and defective title to mineral claims or property. Investors are cautioned that, although management is proceeding with an exploitation (mining) permit application, the Aappaluttoq project may never achieve successful commercial production.

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

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 17, 2011) – True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) is pleased to announce the completion of an initial mineral resource estimate for the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. The Company currently holds two prospecting licenses covering 434 square kilometers.

This initial resource estimate was completed on only the Aappaluttoq discovery, one of several ruby discoveries on the property, and was prepared by EBA Engineering Consultants Ltd., a Tetra Tech Company, of Vancouver BC (“EBA”) from 6470 m of drilling data and 100 tonnes of bulk sampling undertaken on the property over the last several years and uses recently updated geologic interpretations for the host zone lithology. The estimation of mineral resources and its classification is in accordance with CIM Estimation of Mineral Resources and Mineral Reserves Best Practices Guidelines and is prepared in accordance with NI 43-101 standards.

Highlights are as follows:

• a total indicated mineral resource of 189,150 tonnes containing 59 million grams (296 million carats) of “Total Clean Corundum” (as defined below);
• an additional inferred mineral resource of 21 million grams (109 million carats) of Total Clean Corundum;
• Geological interpretations demonstrate that the deposit is open to depth and along strike.

Nicholas Houghton, President and CEO, commented: “Today’s release is confirmation that the high grade ruby and pink sapphire enriched corundum discovered on surface at Aappaluttoq continues within an independently definable resource at depth and along strike. The indicated resource containing ruby and pink sapphire within Aappaluttoq will form the basis of our mine planning and preliminary feasibility evaluation, with expansion potential through the addition of about 109 million carats of inferred resource. This estimate does not include significant intersections of mineralization seen in the drill core below the level of the current resource, which offers future expansion possibilities.”

Mineral Resource Estimate

The NI 43-101 compliant estimate of indicated and inferred mineral resources, summarized below, was compiled by EBA using data provided by the Company. EBA reviewed updated three dimensional geological interpretations of the mineralized zones (prepared primarily by the Company) and extensive project data collected since 2006. The mineral resource estimate comprises the integration of mineralization volumes, density, petrology and Total Clean Corundum content data obtained from diamond drilling and bulk sampling.

Resource categories comply with CIM standards on Mineral Resources and Reserves. All numbers are rounded.

Notes:

1. Densities are derived from specific gravity measurements of host lithologies and estimated for host zone based on specific gravity of corundum and average grade.
2. Based on a Total Clean Corundum grades greater than 1.7mm size fraction from mineralogical lab analysis.
3. Top cut grade of 7,325 grams per tonne (97.5 percentile), and a lower cut off grade of 1 gram per tonne.
4. One gram equals five carats.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Tonnages and Grades

For the resource calculation, a 1m by 1m by 1m block model was created for tonnage and grade estimation using solid body geological models for the host zone, as revised by the Company and EBA. The block model was limited to a cut-off depth of 83 meters, and resource tonnages were derived using rock volumes reported from the block model and representative specific gravity measurements for each lithology. Geostatistics were used to assess top cut value of 7,325 grams per tonne (97.5 percentile of assay data) for the block model and interpolation and the host zone was constrained by geologic (lithological) modeling. Search ellipses for the interpolation profiles are based on geology and observed continuity of the phlogopite host zone. A lower cut off grade of 1 grams per tonne was selected from evaluation of grade tonnage relationship at several cut off grades.

The cut-off depth for the mineral resource categories were defined within each zone based on density of sample data and drill hole logs including lithology and the consistency of grade data within the geological models. Bulk samples taken at surface were used to provide discreet data points within the database, however the influence of this data is limited by the same parameters used for all other samples in the data base. Tonnage from the bulk samples has not been subtracted out of the resource.

All tonnages cited are for mineralized lithologies only. The block model was completed using Gemcom GEMS software and full details of the block model interpolation will be presented in the technical report currently being completed by EBA and the Company.

Drill density within the deposit is at a consistent collar spacing of 8 m centers, with fans of drillholes from each collar location at -45, -60 and -75 degree dips. Holes were drilled at an average azimuth of approximately 133 degrees intercepting the mineralized zone perpendicular to the strike direction of the host lithology.

Corundum resource grades are estimated for greater than +1.7 mm size fraction recovered after core sample preparation. This is nominally larger than the minimum size of gemstone rough that can be commercially polished, and which is consistent with the minimum sieve size used by the Company in valuations reported on January 16 and 17, 2008. No distinction has been made in the calculation for variations in quality (gem, near-gem and non-gem), size or colour of the recovered corundum. No work was done on the resource to evaluate the consistency or distribution of gem or near-gem quality, and non-gem corundum within the mineralized zone intersected by drilling because of the small volume of corundum recovered from each of the drill core intercepts.

However, the colour and quality distribution analysis of corundum and valuation of the sorted rough ruby and pink sapphire was completed on the larger bulk samples from surface. The variations of the colour and quality of corundum greatly influences the value of the Total Clean Corundum recovered. The value of sorted and recovered ruby and pink sapphire from the surface bulk samples are discussed in detail in the Company’s technical report dated March 30, 2009 which is filed on SEDAR. Readers are encouraged to review this report to gain a complete understanding of valuation work done to date.

Geology Description & Mineralization

The Aappaluttoq ruby deposit is hosted within the Fiskanaessett Igneous Complex, an Archean (2.97Ga) layered mafic intrusion. The ruby and pink sapphire crystallised in a mafic metasomatic reaction zone between a chrome-rich ultramafic body and an aluminum rich gabbro. Subsequent cooling and retrograde metamorphism allowed the present phlogopite-rich zone to form as the main host-rock mineral to the ruby and pink sapphire mineralization. All of these units are now highly folded, but can be traced on a local and regional scale. The geological setting provides for a predictable location for the chrome-enriched corundum mineralization.

The deposit itself comprises a steeply dipping sheet or cone-like body which is currently drill defined over 100 meters laterally and to a depth of about 80m. However, ruby and pink sapphire intersections have been recorded in core down to a depth of about 200m below surface. The deposit remains open both at depth and along strike.

QA/QC & Assay Technique

Standard QA/QC techniques were employed throughout the life of this project. This includes strict chain-of-custody, tracking of shipment and parcel weights, security seals, insertion of blanks (both field and lab prepared) and the insertion of standards/spikes into the processing line. This program was completed under the supervision of both the project manager and the Company’s Qualified Persons over the years. For 2007 drilling, whole core analysis was used, while for 2008 drilling the core was sawn and ¼ of the core is retained by the Company.

As no standard procedures exist for assaying corundum from core, procedures were developed by the Company, EBA and engineers from the Saskatchewan Research Council (“SRC”) in Saskatoon, SK – an ISO 17025 certified analytical laboratory. The objective of the assay procedures was to calculate a Total Clean Corundum grade for corundum over 1.7mm which could be related to grade and valuation work done for bulk samples taken in 2006 and 2007.

For preparation of the mineralized intersections in drill core, the first stages of the process occurred at SRC. Core was crushed into appropriate size fractions using a series of jaw crushers and high pressure grinding rolls. Matrix rock was separated through hand picking by trained mineralogists and subsequent gravity concentration using heavy liquid separation. The resulting concentrated corundum was then cleaned in hydrofluoric acid bath to remove silicate matrix left attached to the corundum crystals. Each sample was bagged individually, with sample weights recorded at every stage of the assay cycle. These samples were then shipped by SRC to the Company’s secure laboratory in Vancouver.

Once each assay sample was logged at the Company laboratory, as varying amounts of matrix remained within the assay product, a photograph was taken and a visual estimate was completed on the individual assay bags which recorded the percentage of matrix remaining attached to the corundum crystals. A professional gemmologist then sieved each sample with a 1.7mm tyler mesh screen removing all undersize and then removed any +1.7mm non-corundum material. The resulting +1.7mm product (consisting of corundum and any remaining attached matrix) weights were recorded in the company central assay database. EBA then used this +1.7mm product weight and applied a corrective factor based on the visual estimate of matrix material remaining in the sample and the specific gravity of the corundum and the matrix. This resulted in a calculated “Total Clean Corundum” grade for +1.7mm corundum material which was used for the resource calculation.

Ruby and pink sapphire are variations of the mineral corundum, an aluminum oxide (Al2O3). When chromium invades the crystal structure of corundum, the chromium imparts a pink to intense pink or red coloration to the corundum. Intensely chrome saturated corundum is called ruby and less chrome saturated or pink corundum is called pink sapphire. For the purposes of the resource calculation all corundum recovered and cleaned that was greater than 1.7mm is included in the resource calculation as Total Clean Corundum. Thus Total Clean Corundum includes corundum of all colours and, due to the small size of the drill core intercepts, cannot practically distinguish between non-gem, near gem and gem ruby and pink sapphire recovered from core.

Specific gravity samples were taken across all rock types under the supervision of the Company’s Qualified Person. Geostatistics were used to assess top cut value for the block model and interpolation. Because there were no specific gravity sample results available in host zone a compound specific gravity was estimated based upon the specific gravity value of the host rock (phlogopite and leucogratic gabbro) and the known specific gravity of corundum. Raw sample weights and weight of recovered corundum and average grade within the host zone was used to estimate a specific gravity for the mineralized host rock. This will result in a conservative estimation of density for any mineralized materials with above average grade. A top cut-off grade of 7325 grams per tonne Total Clean Corundum (97.5 percentile) was applied.

Next Steps

The Company will issue a NI 43-101 compliant technical report on the mineral resource at Aappaluttoq within 45 days as required. Concurrently, a pre-feasibility study (“PFS”) is being prepared by EBA and by MT Hojgaard Engineering of Greenland and Denmark. This PFS will be based on the indicated resource set out above. This PFS will accompany an application for an exploitation (mining) license which is expected to be filed within the second quarter of 2011.

Qualified Persons for the NI 43-101 Report

Ms. Lara Reggin, P.Geo. (BC) of EBA is the independent Qualified Person responsible for the preparation of the mineral resource estimate, excluding valuation of gemstone material which has been completed by the Company. Ms. Reggin reviewed and approved the contents of this release.

EBA Engineering

EBA Engineering Consultants Inc., A Tetra Tech Company is a values-based consulting engineering and sciences company offering innovative and practical engineering, environmental and transportation solutions for the mining, energy, transportation and development sectors. EBA and Tetra Tech has over 3,500 employees in Canada and over 12,000 employees world-wide.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

The Company relies on litigation protection for “forward-looking” statements. The Aappaluttoq project does not yet have a mineral reserve and accordingly no economic evaluation has yet been done. Accordingly, investors are cautioned that, although management is proceeding with an exploitation (mining) permit application, the Aappaluttoq project may never achieve successful commercial production.

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

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com

VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 29, 2011) – 

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) announces that it has completed the second tranche of its previously announced and oversubscribed non-brokered private placement. The second closing is for proceeds of $615,000. The Company issued 6,150,000 units at a price of $0.10 per unit.

Each unit is comprised of one common share and one half non-transferable common share purchase warrant, each warrant exercisable for one additional common share for a period of two years at a price of $0.15 per share for year one, and $0.20 per share for year two. Two finders received finders’ fees of in the aggregate $21,500 in cash and 215,000 finders’ warrants in connection with the closing of this second tranche, each finders’ warrant exercisable for one common share for a period of two years at a price of $0.12 per share. The securities issued and issuable in the private placement are subject to a hold period and may not be traded until August 30, 2011, except as permitted by Canadian securities legislation and the TSX Venture Exchange. At the Company’s closing of the first tranche of this financing announced on April 26, 2011, finders’ fees in the amount of $227,530 were paid and a total of 2,275,300 finder’s warrants were issued on the same terms as above. Incorrect information with respect to the finders’ fees and finders’ warrants appeared in the Company’s news release.

The Company intends to use the proceeds of the private placement to conduct exploration on the Company’s properties including to advance the exploitation permit application process, for general working capital and other corporate purposes.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any units within the United States. The units have not been offered and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws. Accordingly, the units may not be offered or sold in the United States or to U.S. persons (as such terms are defined in Regulations under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registration is granted.

True North Gems Inc. is listed on the TSX Venture Exchange and is engaged in the exploration and development of Greenlandic and North American coloured gemstone prospects. The Company is a pioneer in coloured gemstone exploration and, currently in Greenland, has the rights to earn 100% interest in the Aappaluttoq ruby and pink sapphire project, holds a 100% interest in the Tsa da Glisza emerald property, Yukon, and the Beluga sapphire property located on Baffin Island, Nunavut. True North’s prime focus remains the commercial advancement of the Aappaluttoq Ruby Project in Greenland.

The Company relies on litigation protection for “forward-looking” statements. The Aappaluttoq project does not yet have a mineral resource or reserve and accordingly no economic evaluation has yet been done. Accordingly, investors are cautioned that, although management is proceeding with an exploitation (mining) permit application, the Aappaluttoq project may never achieve successful commercial production.

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

True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055 or 1-800-399-8055

True North Gems Inc.
Ken Shortt
Investor Relations
604-687-8055 or 1-800-399-8055
info@truenorthgems.com
www.truenorthgems.com