First Gold Exploration Inc.

First Gold Exploration Inc.

January 21, 2010 16:02 ET

First Gold Exploration Inc.: Rare Metals and High Lithium Grades Discovered on the Pivert/Rose Property

LAVAL, QUEBEC--(Marketwire - Jan. 21, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12) (the Company) is pleased to announce the discovery of rare metals on its Pivert/Rose property, along with up to 4.6% Li2O.

First Gold Exploration is truly thrilled to announce the results of analyses from the new Lithium showing discovered during the winter drilling program, when two samples were taken. The results for these two samples show that a zone very rich in lithium and containing significant quantities of rare metals (rubidium, tantalum, beryllium, niobium and gallium) has been discovered on the Company's property. This discovery is in a zone more than 2.4 km northeast of the Rose showing and 2.5 km south of the Pivert showing. Results are as follows:

Non chosen Grab Sample #430917: 4.6 % Li2O;
390 g/t Rb;
51.4 g/t Ta;
67.7 g/t Nb;
106.5 g/t Ga;
90 g/t Be.

Non chosen Grab Sample #430918: 3.17 % Li2O;
1,290 g/t Rb;
44.3 g/t Ta;
72.6 g/t Nb;
92.9 g/t Ga;
65.1 g/t Be.

The Pivert/Rose showing lies in a geological setting similar to that of the Cyr project belonging to Lithium One (TSX:LI), both in terms of geology and mineralization. However, the dikes on First Gold's property contain more spodumene and a large amount of lepidolite (associated with rubidium). The various dikes intersected are open in all directions.

First Gold is in the process of compiling the results for Hole LR-09-02, which should be released in the coming days. The Company believes that Lac Pivert/Rose lithium property is a lithium and rare metals prospect. Significant zones of lithium, rubidium, tantalum, niobium, beryllium and gallium have been intersected. The Company has asked the laboratory to assay the entire core of Hole LR-09-02 (from surface to a depth of 78 metres). "I encourage shareholders to look into the prices of these metals," said Eric Leboeuf, President of First Gold.

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

Grab samples are selective by nature and unlikely to represent average grades.

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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