First Gold Exploration Inc.
TSX VENTURE : EFG
FRANKFURT : F12

First Gold Exploration Inc.

February 02, 2010 10:54 ET

First Gold Exploration: 3,558 g/t Rubidium and 1.25 % Li2O over 13.5 Metres in Drilling

LAVAL, QUEBEC--(Marketwire - Feb. 2, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) wishes to confirm that it was able to follow the extensions of the new zones discovered on the property. As a matter of fact, results obtained in drill holes LR-09-03, LR-09-08 and LR-09-10 indicate that the zones extend at least for 100 metres laterally and reach up to 13.5 m in thickness. They remain open in all directions.

NEW RESULTS OBTAINED TO DATE ARE AS FOLLOWS:

DRILL HOLE FROM TO LENGTH TRUE WIDTH Li20 Rb Ta Be
No. (m) (m) (m) (m) (%) (ppm) (ppm) (ppm)
LR-09-03 including 2.2
2.2
76.2
8.6
5.8
80.5
6.4
3.6
4.3
4.53
2.55
3.72
0.7
1.2
0.1
1 982
2 271
2 217
>100
>100
>100
121
113
79
LR-09-08 including 15.9
16.35
87.9
28.8
25.35
94.75
12.85
9
6.85
9.09
6.37
5.93
1.05
1.43
0.42
3 108
2 828
1 243
>100
>100
>100
96
95
139
LR-09-10 including 24
24
37.5
33.2
13.5
9.2
9.55
6.51
1.25
1.42
3 558
4 089
>100
>100
126
137

All samples grading >100 ppm* Ta are being reanalyzed as they returned values above the maximum detection limit for the analysis method used. Full results will be released as soon as these are received. Approximately 80 % of all samples collected in mineralized zones graded >100 ppm Ta.
* 1 ppm = 1 g/t

The Pivert/Rose property lies less than 5 km from the Eastmain 1 hydroelectric facilities. Substantial infrastructure already exists. There is an access road to within 0.5 km of the two discoveries (Rose showing and the New showing) (see press release dated December 21, 2009) and a power line crosses the property less than 1 km from the showings. 

Results from other drill holes are expected soon and will be published when received.

Samples were sent for analysis in sealed containers to the Chemex laboratory in Val-d'Or by employees of the Company. Chemex is the laboratory used for analysis of all samples from programs on the Lac Pivert/Rose property. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separation and pulverized to 85% passing 75 μm. All samples are analyzed using ICP-MS, with full analysis for 47 elements.

"We have contracted a drilling company in order to complete an additional 7,500 metres on the Lac Pivert/Rose property. Our objective is to extend the main mineralized zones which are known for 150 m at the present time and to quickly produce a NI43-101 compliant resource estimate. We wish to start drilling in approximately three weeks, after compilation of current results is completed." to comment Éric Leboeuf, president of First Gold.

Jean-Sebastien Lavallee (OGQ #773), a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release. Mr. Lavallee has over 15 years of exploration experience in Canada, having worked as a consultant for numerous exploration companies through Consul-Teck Exploration Inc.

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.

Contact Information