JANUARY 24, 2011 – LAVAL, QUEBEC – First Gold Exploration Inc. (TSX-V: EFG) (US OTCQX: FGEXF) (FSE: F12) is pleased to report the latest drill results for the Lac Pivert/Rose project. The following table shows the results for holes drilled on the JR showing, which lies more than 1 km northeast of the Rose deposit. Twelve holes numbered JR-10-01 to JR-10-12 were drilled on this showing. All the holes intersected the mineralized zone; the mineralized intersections are described in a table below.
These results are significant because they are very similar to the initial results of early drilling on the Rose showing.
“This is a very important discovery for the Company, because this showing also lies on surface, and could therefore lead to a higher lithium-Tantalum-beryllium-gallium-rubidium resource at the Pivert/Rose project relatively quickly and inexpensively,” said Jean-Sébastien Lavallée, Interim President and Chief Executive Officer.
A map showing the location of the holes drilled on the Pivert/Rose Lithium project can be found in the Projects section.
The best results obtained to date are as follows:
|
HOLE |
FROM |
TO |
TRUE WIDTH |
LI2O |
Ta2O5 |
BeO |
Rb |
Ga |
Cs |
|
# |
(m) |
(m) |
(m) |
(%) |
ppm (g/t) |
ppm (g/t) |
ppm (g/t) |
ppm (g/t) |
ppm (g/t) |
|
JR-10-01 |
4.85 |
10 |
5.15 |
1.38 |
218 |
708 |
2,765 |
73 |
93 |
|
23.4 |
25.35 |
1.95 |
NSV |
191 |
403 |
2,276 |
66 |
58 |
|
|
JR-10-02 |
2.1 |
7.6 |
5.5 |
1.53 |
151 |
371 |
2,485 |
74 |
93 |
|
17.8 |
20.3 |
2.5 |
0.89 |
257 |
605 |
2,579 |
67 |
66 |
|
|
JR-10-03 |
16.65 |
17.2 |
0.55 |
0.5 |
147 |
305 |
3,140 |
60 |
90 |
|
19.2 |
20.8 |
1.6 |
0.99 |
185 |
286 |
3,232 |
67 |
85 |
|
|
36.6 |
38.3 |
1.7 |
0.66 |
181 |
429 |
2,652 |
67 |
86 |
|
|
40.4 |
41.5 |
1.1 |
NSV |
128 |
481 |
1,915 |
61 |
48 |
|
|
JR-10-04 |
12.4 |
24 |
11.6 |
1.15 |
173 |
407 |
2,317 |
71 |
83 |
JR-10-05 |
2.7 |
6.4 |
3.7 |
1.55 |
132 |
481 |
2,315 |
70 |
86 |
|
11 |
13.15 |
2.15 |
2.03 |
199 |
399 |
1,227 |
88 |
53 |
|
|
22.1 |
25.5 |
3.4 |
0.73 |
144 |
338 |
3,076 |
64 |
80 |
|
|
53.9 |
55.05 |
1.15 |
NSV |
111 |
514 |
1,974 |
47 |
56 |
|
|
JR-10-06 |
2.3 |
6.2 |
3.9 |
0.59 |
151 |
463 |
4,219 |
60 |
186 |
|
20.9 |
22.6 |
1.7 |
1.96 |
415 |
470 |
807 |
78 |
41 |
|
|
24.7 |
25.6 |
0.9 |
0.56 |
180 |
492 |
3,517 |
56 |
109 |
|
|
38.4 |
40 |
1.6 |
NSV |
197 |
410 |
1,654 |
59 |
44 |
|
|
JR-10-07 |
8.4 |
14.45 |
6.05 |
0.65 |
105 |
360 |
1,838 |
51 |
85 |
|
29.7 |
34.1 |
4.4 |
0.4 |
133 |
542 |
2,636 |
51 |
89 |
|
|
JR-10-08 |
14 |
21.5 |
7.5 |
1.04 |
159 |
554 |
1,705 |
68 |
66 |
|
28 |
32.6 |
4.6 |
0.78 |
164 |
367 |
1,858 |
56 |
62 |
|
|
JR-10-09 |
16.15 |
26.3 |
10.15 |
0.98 |
205 |
538 |
2,167 |
63 |
134 |
|
36.65 |
38.5 |
1.85 |
0.11 |
146 |
947 |
1,178 |
66 |
39 |
|
|
JR-10-10 |
25.2 |
31 |
5.8 |
0.96 |
139 |
435 |
3,021 |
62 |
120 |
|
35.15 |
38.6 |
3.45 |
0.56 |
138 |
318 |
2,522 |
46 |
106 |
|
|
JR-10-11 |
20.9 |
22.45 |
1.55 |
0.83 |
240 |
413 |
2,162 |
56 |
92 |
|
23.25 |
26.8 |
3.55 |
1.53 |
135 |
304 |
1,946 |
56 |
79 |
|
|
29.1 |
31.4 |
2.3 |
1.12 |
152 |
426 |
1,775 |
56 |
64 |
|
|
35.4 |
36.65 |
1.25 |
1.96 |
190 |
260 |
1,334 |
70 |
39 |
|
|
40.2 |
41.45 |
1.25 |
NSV |
104 |
162 |
2,020 |
49 |
40 |
|
|
JR-10-12 |
14.6 |
16.9 |
2.3 |
0.31 |
185 |
543 |
1,629 |
52 |
93 |
|
19 |
23.65 |
4.65 |
0.64 |
144 |
418 |
1,558 |
67 |
63 |
|
|
25.15 |
25.75 |
0.6 |
NSV |
171 |
194 |
2,430 |
48 |
80 |
|
|
30.65 |
34.25 |
3.6 |
1.51 |
181 |
466 |
1,225 |
79 |
46 |
|
|
53.35 |
53.95 |
0.6 |
NSV |
171 |
187 |
2,270 |
61 |
40 |
|
|
54.3 |
54.9 |
0.6 |
NSV |
159 |
140 |
2,920 |
65 |
80 |
* 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 separated and pulverized to 85% passing 75 ?M. All samples are analyzed using ICP-MS, with full analysis for 47 elements.
Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder and interim president and chief executive officer 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 CEO
819-354-5146
www.firstgoldexploration.com