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First Gold Continues to Expand the Mineralized Zones

Drill Results Mine Development & Operations Exploration Programs

PRESS RELEASE

FIRST GOLD CONTINUES TO EXPAND THE MINERALIZED ZONES

AUGUST 31, 2010 – LAVAL, QUEBEC – First Gold Exploration Inc. (TSX.V: EFG) (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-10-59 and LR-10-61 to LR-10-68 drilled to test the extension of the zones to the east. All these holes intersected mineralized zones over consistent thicknesses. These positive results demonstrate the continuity and consistency of the lithium, tantalum, rubidium, beryllium, gallium and cesium values.

The drilling program is continuing and is presently on drill hole # LR-10-115 and continue to intercept mineralize zone.

The map showing the location of the holes is posted on the Company’s website at www.firstgoldexploration.com, under Pivert/Rose Project.

THE NEW RESULTS OBTAINED TO DATE ARE AS FOLLOWS:

FROMTOTRUE WIDTHLi20RbTa2O5BeCsGa
HOLE
#(m)(m)(m)(%)ppm (g/t)ppm (g/t)ppm (g/t)ppm (g/t)ppm (g/t)
16.70 24.15 7.45 1.26 4228 242 202 159 72 LR‐10‐59 33.95 41.20 7.25 0.6 2543 105 139 91 64
LR‐10‐617.5021.0013.501.38287714914010073
LR‐10‐62 34.20 51.35 17.15 1.25 2430 198 141 90 75
LR‐10‐6352.8057.304.500.0823142501317362
LR‐10‐64 86.65 99.80 13.15 0.58 2314 180 131 75 71
LR‐10‐6571.0087.8016.801.31283422511611072
LR‐10‐66 67.80 79.50 11.70 1.31 3780 261 102 121 72
LR‐10‐6788.8599.9511.100.922020163857960
LR‐10‐68 89.40 104.80 15.40 1.42 2372 187 140 118 74
  • 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), a geologist, shareholder and director 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 819-354-5146 [email protected] www.firstgoldexploration.com

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.