First Gold Exploration Controls a 50% Interest In The 289,890 oz Gold Deposit at Croinor
First Gold Has A Market Capitalization Of $4.7M (April 9/08) Despite Owning 289,890 oz/Gold At Surface (NI 43-101 Compliant)
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First Gold Exploration > Press Release
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NEWS - First Gold to Begin 5,000 Meter Diamond Drill Program at Croinor

Posted by: AGORACOM on April 24, 2008 08:44AM

MONTREAL, QUEBEC - April 24, 2008 - First Gold Exploration Inc. (TSX VENTURE:EFG) ("First Gold") is pleased to announce that it has signed an agreement in view to complete a program for a minimum of 5,000 meters of diamond drilling on the Croinor project under option from X-Ore Resources Inc. (TSX VENTURE:XOR). The program will begin on May 5th, 2008 and will initially consist of:

 
 
1) 3,325 meters of drilling on the Croinor mining lease (Croinor 1 joint-
   venture) for a total of 15 holes with 12 of these holes being drilled
   vertically. The objectives of this program are as follows:
 
   - three holes will be drilled to the East of the mineralized zones to
     test potential lateral    extensions;
 
   - two holes will be drilled under the central East pit to test  zone 5;
 
   - three holes will be located between the pits for in-fill drilling and
     again to test zone 5;
 
   - seven holes will be drilled to the West of the West Pit to in-fill
     drill the known resource in    view to upgrade it, to test zone 5 and
     attempt to extend mineralization laterally in that direction.
 
   - All of these holes are drilled within the diorite dyke known as the
     Croinor sill; and


Following the 2007 drill campaign zone 5 extends for about 600 meters, - the longest mineralized zone discovered to date on the project. Zone 5 lies at a depth varying between 200 and 260 meters from surface. Most of this zone is not included in the NI43-101 resource calculation since more drilling was required.

 
 
2) Also, 1,800 meters of drilling will be undertaken on the mining claims
   surrounding the Croinor mining lease (Croinor 2 joint-venture) for a
   total of 9 holes, each 200 meters in length and drilled at an angle of
   55 degrees. This will allow testing of four different sectors:
 
   - two targets located along strike of the Croinor sill; and
 
   - two located to the South of the Croinor sill in diorite dykes that are
     similar to the Croinor sill;


The four sectors received only limited drilling by predecessor companies and all have gold intercepts in drill holes. There are numerous geological and geophysical targets that have yet to be tested on the property.

The program is not limited to 5,125 meters of drilling that has been planned and is subject to modifications as it progresses. More definition drilling will be completed but this portion of the program is still under review.

Mr. Pierre O'Dowd, a Qualified Person under NI 43-101 has revised and approved the technical content of this release. Mr. O'Dowd will supervise the field work that will be executed on the project.

For more information about First Gold Exploration:

Agoracom IR

Hub Home for First Gold:

http://www.agoracom.com/ir/firstgold...

Profile for First Gold:

http://www.agoracom.com/ir/firstgold...

Broker Fact Sheet:

http://www.agoracom.com/company/brok...


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

First Gold Exploration Inc.
Eric Leboeuf
President and Chief Executive Officer
514-234-6488

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Executive Address
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Eric LeBoeuf
President & CEO
March 27, 2008

President & CEO Eric LeBoeuf Talks About Developments at the 289,890oz Croinor Gold Project

View Broadcast