SOURCE: Firstgold Corp.

April 11, 2007 11:15 ET

Firstgold Corp.'s Relief Canyon Mine Receives Operating Permits

CAMERON PARK, CA -- (MARKET WIRE) -- April 11, 2007 -- Firstgold Corp. (OTCBB: FGOC) announced today that its Plan of Operations has been reinstated by the Nevada Division of Environmental Protection (NDEP). A Plan of Operations is the key document that outlines the detailed process, strategy, and resources that a company will utilize in mine operations. With the approval of the Plan of Operations in place, Firstgold Corp. is now permitted to proceed at Relief Canyon with major construction, and drilling immediately, and operations and production, subject to final determination and posting of reclamation bonds.

Company President/CEO, Scott Dockter, stated, "We have been working hard to achieve this goal for several years and I am elated to move on to the active exploration and production phase of this project. Many people don't recognize how difficult, expensive and time consuming it is to get permission to put a mine into production. Our estimate is after your drilling shows economic merit to develop a mine that you are looking at a 6-8 year process before you can actually produce from your discovery. The next step for Firstgold Corp. is to secure necessary financing to execute our plans."

Firstgold currently leases over 40,000 acres of mineral exploration and production properties in Nevada. It is actively moving towards placing its Relief Canyon mine into production. Additional information about Firstgold Corp. can be found by visiting its web site at

Safe Harbor Statement

The matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended that involve risks and uncertainties. Although Firstgold Corp. believes that the expectations reflected in such forward-looking statements are reasonable; the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Firstgold Corp. cautions investors that any forward-looking statements made by Firstgold Corp. are not guarantees of future performance and those actual results may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those reflected in forward-looking statements include, but are not limited to, risks and uncertainties regarding the actual mineralization of Firstgold Corp.'s mining properties, the unproven nature of and potential changes to Firstgold Corp.'s business model, the risk that the capital and other resources that Firstgold Corp. will need to exploit its business model will not be available, and the risks discussed in Firstgold Corp.'s Form 10-KSB and in Firstgold Corp.'s 10-QSBs and in Firstgold Corp.'s other filings with the Securities and Exchange Commission.

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