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North American Gold Inc.: Drilling Completed at Norra

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Ed Monton Member Level  Wednesday, 10/27/04 06:51:20 PM
Re: Tackler post# 21
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North American Gold Inc.: Drilling Completed at Norra
and Barsele Historical Data Base Recovered

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 27, 2004) - North
American Gold Inc. (TSX-V: NAU) is pleased to announce the completion of
drilling at both the Norra and Barsele properties.The drilling at the
Norra property consisted of 17 core holes totaling 2677.5 meters. The
drilling at the Barsele property consisted of 13 core holes totaling
2278 meters. Assays are pending for some holes at Norra and Barsele.

In conjunction with evaluating assays from the current drill program,
North American Gold has recovered the historical database for both Norra
and Barsele. The database consists of drill data, assay certificates,
geologic and surface sample information, as well as other important
project information. The Company is currently going through a rigid QC
program to verify the accuracy of information contained in the
historical database.

A down hole EM survey has been completed on the Norra zone and North
American Gold is awaiting a final report from it's contractor.

Commenting on the value of the historical data base, Buck Morrow,
President says, "We are very excited about the information we have
recently recovered and look forward to verifying all the data. In
essence, the information from the historical data base could save the
company significant dollars in drilling cost and will help us to further
define our winter drill program. Working through a data base of this
size will take a bit of time but from what we have seen so far, it will
be well worth the effort." The historical data consists of almost all of
the drill hole logs and the assay certificates on the 320 previous holes
drilled on the Norra and Barsele projects as well as other important
project information.

Background

North American Gold Inc. has an option to acquire a 60% interest in the
Norra and Barsele properties from Minmet plc by incurring a total of US
$3.5 million in exploration expenditures and issuing 400,000 shares to
Minmet by November 3, 2006 (see news release November 3, 2003).

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.



Ed
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