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

First Gold Exploration Inc.

February 03, 2010 15:09 ET

First Gold Exploration Inc.: 341 ppm (g/t) Ta2O5 Over 6.4 Metres in Hole LR-09-03

LAVAL, QUEBEC--(Marketwire - Feb. 3, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12) is pleased to release new analysis results for tantalum. These results confirm that zones with significant tantalum grades have been intersected by drilling. The table below summarizes the results for Hole LR-09-03.

FINAL RESULTS ARE AS FOLLOWS:



---------------------------------------------------------------------
TRUE
HOLE FROM TO LENGTH WIDTH Li20 Rb Ta Ta2O5
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No. (m) (m) (m) (m) (%) ppm (g/t) ppm (g/t) ppm (g/t)
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LR-09-03 2.2 8.6 6.4 4.53 0.7 1,982 280 341
including 2.2 5.8 3.6 2.55 1.2 2,271 194 237
76.2 80.5 4.3 3.72 0.1 2,217 164 200
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1 ppm equals 1 g/t


Information about Tantalum from USGS:

http://www.firstgoldexploration.com/PDF/Tantalum.pdf

For reference, the tantalum grades of Miniere du Nord's Anita deposit are of 181 ppm Ta205.

The Company is impatiently awaiting results for the other holes, which are expected shortly and will be released as soon as possible.

The Company has received $1,041,600 from the exercise of warrants and options in recent months, and is in an excellent financial position to meet its commitments.

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 micronsm. All samples are analyzed using ICP-MS, with full analysis for 47 elements.

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.

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