BREAKING NEWSFirst Gold Exploration: 3,558 g/t Rubidium and 1.25 % Li2O over 13.5 Metres in Drilling
2/2/2010 10:55:14 AM - Market Wire
LAVAL, QUEBEC, Feb 02, 2010 (MARKETWIRE via COMTEX News Network) --
First Gold Exploration Inc. (TSX VENTURE: EFG) (FRANKFURT: F12) wishes to confirm that it was able to follow the extensions of the new zones discovered on the property. As a matter of fact, results obtained in drill holes LR-09-03, LR-09-08 and LR-09-10 indicate that the zones extend at least for 100 metres laterally and reach up to 13.5 m in thickness. They remain open in all directions.
NEW RESULTS OBTAINED TO DATE ARE AS FOLLOWS:
----------------------------------------------------------------------
DRILL TRUE
HOLE FROM TO LENGTH WIDTH Li20 Rb Ta Be
No. (m) (m) (m) (m) (%) (ppm) (ppm) (ppm)
-----------------------------------------------------------------------
greater
LR-09-03 2.2 8.6 6.4 4.53 0.7 1,982 than 100 121
including greater
2.2 5.8 3.6 2.55 1.2 2,271 than 100 113
greater
76.2 80.5 4.3 3.72 0.1 2,217 than 100 79
-----------------------------------------------------------------------
greater
LR-09-08 15.9 28.8 12.85 9.09 1.05 3,108 than 100 96
including greater
16.35 25.35 9 6.37 1.43 2,828 than 100 95
greater
87.9 94.75 6.85 5.93 0.42 1,243 than 100 139
-----------------------------------------------------------------------
LR-09-10 greater
including 24 37.5 13.5 9.55 1.25 3,558 than 100 126
greater
24 33.2 9.2 6.51 1.42 4,089 than 100 137
-----------------------------------------------------------------------
All samples grading greater than 100 ppm(i) Ta are being reanalyzed as they returned values above the maximum detection limit for the analysis method used. Full results will be released as soon as these are received. Approximately 80 % of all samples collected in mineralized zones graded greater than 100 ppm Ta.
(i) 1 ppm equals 1 g/t
The Pivert/Rose property lies less than 5 km from the Eastmain 1 hydroelectric facilities. Substantial infrastructure already exists. There is an access road to within 0.5 km of the two discoveries (Rose showing and the New showing) (see press release dated December 21, 2009) and a power line crosses the property less than 1 km from the showings.
Results from other drill holes are expected soon and will be published when received.
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 microns. All samples are analyzed using ICP-MS, with full analysis for 47 elements.
"We have contracted a drilling company in order to complete an additional 7,500 metres on the Lac Pivert/Rose property. Our objective is to extend the main mineralized zones which are known for 150 m at the present time and to quickly produce a NI43-101 compliant resource estimate. We wish to start drilling in approximately three weeks, after compilation of current results is completed." to comment Eric Leboeuf, president of First Gold.
Jean-Sebastien Lavallee (OGQ #773), a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release. Mr. Lavallee has over 15 years of exploration experience in Canada, having worked as a consultant for numerous exploration companies through Consul-Teck Exploration Inc.
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.
Contacts:
For financial matters, contact:.
First Gold Exploration Inc.
Eric Leboeuf
President and Chief Executive Officer
president@firstgoldexploration.com
www.firstgoldexploration.com
For geological questions, contact:
Consul-Teck Exploration Inc.
Jean-Sebastien Lavallee, P.Geo
jslavallee@consul-teck.com
SOURCE: First Gold Exploration Inc.
do your own due diligence
herb