Critical Elements Lithium Corp V.CRE

RE: NEWS

[Irulecrap]

Nov 09, 2010 10:59 ET

First Gold Intersects by Drilling Mineralized Zone on New Showings and Obtains 1.72% Li2O Over 15.1 Metres at Rose

LAVAL, QUEBEC--(Marketwire - Nov. 9, 2010) - First Gold Exploration Inc. (TSXVENTURE:EFG) (FRANKFURT:F12) (OTCQX:FGEXF) is pleased to report themost recent drill results for the Lac Pivert/Rose project. The tablebelow shows the results for holes LR-10-124 to LR-10-139, drilled totest the extension of the zones to the east. All the holes intersectedmineralization and extended the mineralized zone at Rose eastward.

Drillingcontinues, with the drill now working on the Hydro, Pivert and JRshowings. To date, three holes have been drilled on the Hydro showingand twelve on the JR showing. Drilling has returned numerousmineralized intersections. The details and assay results for theseintersections will be disclosed over the coming weeks as they arereceived.

InnovExplo was hired in June to prepare a43-101 report on the Pivert/Rose property, as well as a resourceestimate for the project.

The 43-101 property reportcan be found on Sedar, and the resource estimate is expected before theend of the year. The work is progressing well to date, and no delaysare expected. The Company will order a prefeasibility study as soon asit receives the resource estimate.

A map showing thelocation of the holes drilled on the Pivert/Rose Lithium Project can befound in the Projects section of the Company's website, at www.firstgoldexploration.com.

THE BEST RESULTS OBTAINED TO DATE ARE AS FOLLOWS:

HOLE	FROM	TO	TRUE WIDTH	Li20	Rb	Ta2O5	Be	Cs	Ga
No.	(m)	(m)	(m)	(%)	ppm (g/t)	ppm (g/t)	ppm (g/t)	ppm (g/t)	ppm (g/t)
LR-10-106	111.70	114.70	3.00	0.93	2555	213	121	108	85
	143.10	159.15	16.05	1.49	2384	161	158	77	68
LR-10-124	128.55	130.7	2.15	0.32	2146	165	126	72	92
	158.2	172.9	14.7	1.48	2651	99	170	78	70
	187.85	189.6	1.75	1.34	2736	110	130	85	82
LR-10-125	161.6	166.45	4.85	0.83	1997	152	116	60	88
	175.05	187.75	12.7	1.34	2266	111	160	67	73
LR-10-126	133.25	140.6	7.35	0.97	2001	135	189	66	71
LR-10-127	107.10	115.55	8.45	0.83	1899	135	154	57	72
	124.20	134.10	9.90	0.78	2259	104	209	82	61
LR-10-128	100.15	116.85	16.70	0.66	2037	130	146	67	68
LR-10-129	98.35	112.3	13.95	0.61	3005	106	141	74	57
LR-10-130	101.15	112.8	11.65	1.23	2532	107	163	70	62
LR-10-131	97.1	112.2	15.1	1.72	1557	134	137	51	78
LR-10-132	80.7	86.15	5.45	1.45	2219	149	144	69	74
	91.95	97.8	5.85	1.01	2812	60	135	67	57
LR-10-133	65.7	76.65	10.95	1.34	3094	103	104	109	71
LR-10-134	61.9	76.05	14.15	1.4	2582	164	108	88	67
LR-10-135	79.35	83.9	4.55	0.35	3091	189	375	96	65
	89.3	92.15	2.85	1.16	2061	127	129	70	69
LR-10-136	107.25	117.25	10	1.25	2181	108	172	83	64
LR-10-137	110.95	119.3	8.35	0.22	2321	67	150	75	56
LR-10-138	107.55	118.8	11.25	1.47	2536	117	208	73	80
	140.35	143.75	3.4	0.65	3985	103	131	112	64
LR-10-139	111.65	128.45	16.80	0.94	2015	119	134	56	72

* 1 ppm = 1 g/t

Allthe samples were sent for analysis in sealed containers to the Chemexlaboratory in Val-d'Or by employees of the Company. Chemex is thelaboratory used for analysis of all samples from programs on the LacPivert/Rose property. The samples are weighed and identified prior tosample preparation. The samples are crushed to 70% minus 2 mm, thenseparated and pulverized to 85% passing 75 um. All samples are analyzedusing ICP-MS, with full analysis for 47 elements.

Jean-SebastienLavallee (OGQ #773), geologist, shareholder, interim president andchief executive officer of the Company and Qualified Person under NI43-101, has reviewed and approved the technical content of this release.

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.