VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2011) - True North Gems Inc. (the "Company") (News - Market indicators) 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.