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

First Gold Exploration Inc.

December 15, 2008 15:12 ET

First Gold Increase of the Stock Option Plan

LAVAL, QUEBEC--(Marketwire - Dec. 15, 2008) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) ("First Gold") announce it has increased by 2,565,000 the number of common shares reserved for issuance pursuant to its stock option plan (the "Plan"). The number of common shares reserved for issuance under the Plan is now set at 4,190,000. The increase is subject to the approval of the TSX Venture Exchange (the "Exchange").

For more information about First Gold Exploration:

Agoracom IR

Hub Home for First Gold:

http://www.agoracom.com/ir/FirstGoldExploration

Profile for First Gold:

http://www.agoracom.com/ir/FirstGoldExploration/profile

Broker Fact Sheet:

http://www.agoracom.com/company/broker_fact_sheet/563067/Microsoft_PowerPoint_-_EFG-BFS-April24-08.pdf

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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