First Gold Exploration Inc.

First Gold Exploration Inc.

April 24, 2008 08:30 ET

First Gold to Begin 5,000 Meter Diamond Drill Program at Croinor

MONTREAL, QUEBEC--(Marketwire - April 24, 2008) - First Gold Exploration Inc. (TSX VENTURE:EFG) ("First Gold") is pleased to announce that it has signed an agreement in view to complete a program for a minimum of 5,000 meters of diamond drilling on the Croinor project under option from X-Ore Resources Inc. (TSX VENTURE:XOR). The program will begin on May 5th, 2008 and will initially consist of:

1) 3,325 meters of drilling on the Croinor mining lease (Croinor 1 joint-
venture) for a total of 15 holes with 12 of these holes being drilled
vertically. The objectives of this program are as follows:

- three holes will be drilled to the East of the mineralized zones to
test potential lateral extensions;

- two holes will be drilled under the central East pit to test zone 5;

- three holes will be located between the pits for in-fill drilling and
again to test zone 5;

- seven holes will be drilled to the West of the West Pit to in-fill
drill the known resource in view to upgrade it, to test zone 5 and
attempt to extend mineralization laterally in that direction.

- All of these holes are drilled within the diorite dyke known as the
Croinor sill; and

Following the 2007 drill campaign zone 5 extends for about 600 meters, - the longest mineralized zone discovered to date on the project. Zone 5 lies at a depth varying between 200 and 260 meters from surface. Most of this zone is not included in the NI43-101 resource calculation since more drilling was required.

2) Also, 1,800 meters of drilling will be undertaken on the mining claims
surrounding the Croinor mining lease (Croinor 2 joint-venture) for a
total of 9 holes, each 200 meters in length and drilled at an angle of
55 degrees. This will allow testing of four different sectors:

- two targets located along strike of the Croinor sill; and

- two located to the South of the Croinor sill in diorite dykes that are
similar to the Croinor sill;

The four sectors received only limited drilling by predecessor companies and all have gold intercepts in drill holes. There are numerous geological and geophysical targets that have yet to be tested on the property.

The program is not limited to 5,125 meters of drilling that has been planned and is subject to modifications as it progresses. More definition drilling will be completed but this portion of the program is still under review.

Mr. Pierre O'Dowd, a Qualified Person under NI 43-101 has revised and approved the technical content of this release. Mr. O'Dowd will supervise the field work that will be executed on the project.

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Contact Information

  • First Gold Exploration Inc.
    Eric Leboeuf
    President and Chief Executive Officer