First Gold Exploration Inc.

First Gold Exploration Inc.

December 01, 2010 15:34 ET

First Gold Exploration Inc.: New Appointments

LAVAL, QUEBEC--(Marketwire - Dec. 1, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12)(OTCQX:FGEXF) is pleased to announce the appointment of Michel Robert and Jean Rainville as directors of the Company to replace Richard T. Groome and Alykhan A. Mamdani.

Michel Robert, M.Sc.A, Ing., has over 40 years of mining industry experience in engineering, management and operations. He has been responsible for management and operations for numerous companies in both North and South America, including Lac Jeanine, Niobec, Highmont, Tintaya, Cargailcollo, La Coipa, Quiruvilca and Huaron, and has completed numerous due diligence, financing and takeover mandates on existing projects, including many properties in Peru, Central Asia, Siberia, China, Canada, the United States and Mexico. He has been a director and senior executive of private and public companies such as SNC, Minero Peru, Golden Star, Pan American Silver and Aley Corporation, as well as acting as a technical advisor for many companies involved in Cu, Ta, Nb, RE and Fe.

Jean Rainville, the Chief Executive Officer of BlackRock Metals Inc., has 30 years of experience in the mining industry and financial markets. He started his career as a mining analyst, and has acted as a corporate director for many companies. He has recognized Canadian and international mine finance expertise. He was the director and branch manager for a Canadian investment broker from November 2000 to July 2008. He has been the Chief Financial Officer of NQ Exploration Inc., a company listed on the TSX Venture Exchange, since April 2008, and was a director of Birim Goldfields, a company listed on the TSX Venture Exchange, from September 1994 to March 2008. He has also been a director of Gee-Ten Ventures Inc., a company listed on the TSX Venture Exchange. Mr. Rainville has a bachelor's degree in mining and metallurgy and a bachelor's degree in administration from McGill University.

Mr. Lavallée would like to thank Richard T. Groome and Alykhan A. Mamdani for their valuable work, and wishes them every success in their future endeavours.

Messrs. Robert and Rainville will each receive 200,000 stock options of the Company. Each option entitles its holder to acquire one share of the Company at $0.335 for a five-year period.

The above-mentioned transactions are subject to the approval of the TSX Venture Exchange.

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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