First Gold Continue to Expand Rose Deposit
PRESS RELEASE
FIRST GOLD CONTINUE TO EXPAND ROSE DEPOSIT
JANUARY 11, 2011 – LAVAL, QUEBEC – First Gold Exploration Inc. (TSX.V: EFG) (US OTCQX: FGEXF) (FSE: F12) is pleased to report the most recent drill results for the Lac Pivert/Rose project. The table below shows the results for holes LR-10-140 to LR-10-143, drilled to test the extension of the zones to the North East. All the holes intersected mineralized zones over consistent thicknesses, and indicated that width is increasing and grades are consistent.
Drill program will restart in few days on Rose sector with the objective to extend the zone to the North and to the East. In addition, few hole will be extend at depth to increase the size of rich tantalum zone located about 50 meters below the main zone Rose.
A map showing the location of the holes is posted under Pivert/Rose Lithium Project in the Projects section of the Company’s website, at www.firstgoldexploration.com.
THE BEST RESULTS OBTAINED TO DATE ARE AS FOLLOWS:
| FROM | TO | TRUE WIDTH | Li20 | Ta2O5 | BeO | Rb | Ga | Cs | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOLE | ||||||||||||||||||
| # | (m) | (m) | (m) | (%) | ppm (g/t) | ppm (g/t) | ppm (g/t) | ppm (g/t) | ppm (g/t) | |||||||||
| 113.6 119.4 5.80 1.23 138 523 1551 78 50 121.15 125 3.85 0.03 200 130 720 76 23 LR‐10‐140 130.35 135.35 5.00 0.25 89 110 1569 59 60 175.4 176.6 1.20 0.01 171 416 2990 103 90 182 183 1.00 0.01 73 272 1140 74 27 | ||||||||||||||||||
| 148.75 | 150.35 | 1.6 | 0.82 | 52 | 288 | 1714 | 58 | 43 | ||||||||||
| LR‐10‐141 | ||||||||||||||||||
| 151.1 | 159 | 7.9 | 1.38 | 115 | 499 | 2396 | 78 | 60 | ||||||||||
| 128.45 130.1 1.65 0.01 314 463 1478 129 57 LR‐10‐142 142.75 146.35 3.6 0.53 147 291 4691 78 120 169.3 185.4 16.1 1.32 114 439 2020 73 54 | ||||||||||||||||||
| 137.15 | 139.15 | 2 | 0.02 | 214 | 421 | 3870 | 95 | 120 | ||||||||||
| 173.75 | 176.65 | 2.9 | 0.78 | 104 | 346 | 3159 | 72 | 79 | ||||||||||
| LR‐10‐143 | ||||||||||||||||||
| 191.5 | 204.95 | 13.45 | 1.29 | 103 | 417 | 2177 | 67 | 54 | ||||||||||
| 218.25 | 220.9 | 2.65 | 0.56 | 109 | 262 | 2795 | 76 | 66 |
- 1 ppm = 1 g/t
All the 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 μm. All samples are analyzed using ICP-MS, with full analysis for 47 elements.
Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder and president and chief executive officer by interim of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
For more information, contact:
Jean-Sébastien Lavallée, P.Geo.
Interim President and Chief Executive Officer 819-354-5146 [email protected] www.firstgoldexploration.com
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accepts responsibility for the adequacy or accuracy of this release.