Critical Elements Corporation

Published : January 31st, 2008

Announce that Mr. Eric Leboeuf has been appointed President and CEO

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 First Gold Exploration inc. Communiqu� de presse 

Montreal (Quebec), January 31st, 2008 - First Gold Exploration Inc. (TSX Venture Exchange: EFG)  "First Gold" is pleased to announce that Mr. Eric Leboeuf has been appointed President and Chief Executive Director of the Company.

 

Mr. Leboeuf is the founder and has been President of the Investor Relations firm : Relations Publiques Paradox inc. since 2001.  From 1999 to 2001, Mr. Leboeuf was a stockbroker with one of the large bank held firms and was a director for a bank, responsible of loans and investments in mutual funds from 1996 to the end of 1998. Mr. Leboeuf will replace Pierre Forget who is simply overly busy with the family business.  Mr Forget will remain as a director of the company. 

 

"I am very pleased of the opportunity that First Gold has given me, this great company has a resource of 289,000 ozs of gold at surface on the Croinor property, good projects and a great board of directors. My first goal will be to get these ounces out of the ground and to sell them," comments Eric Leboeuf, president of First Gold Exploration.

 

A 43-101 report prepared in November 2005 by Carl Pelletier, M. Sc. P. Geo from the firm Innovexplo Inc. of Val-d'Or, Quebec - a copy of which is available in the First Gold profile on www.sedar.com - confirms the following resource estimate:

 

 

 

Cut-off

2,00 g/tm Au

 

Cut-off

5,00 g/tm Au

Category

Tonnes

(tm)

Grade

(g/tm Au)

Ounces

Tonnes

(tm)

Grade

(g/tm Au)

Ounces

Mesured

10,383

8,11

2,706

6,541

10,73

2,256

Indicated continuous

 

1,109,717

 

6,40

 

228,265

 

498,337

 

10,20

 

163,377

Indicated isolated

308,975

5,93

58,919

115,340

11,10

41,160

Total

1,429,075

6,31

289,890

620,218

10,37

206,792

 

The company wishes to invite shareholders and interested investors to attend its shareholders meeting to be held at the Saint-James Club, 1145 Union Avenue, Montreal, on February 7th, 2008 at 4:30 pm.

 

Additional information:

First Gold Exploration Inc.

Phone: (514) 234-6488                                                                                      

Email: info@firstgoldexploration.com

www.firstgoldexploration.com

 

 

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

 

 

-30-

©First Gold Exploration inc. - Tous droits r�serv�s
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Critical Elements Corporation

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Critical Elements is an exploration gold company based in Canada.

Critical Elements holds various exploration projects in Canada.

Its main exploration properties are MATCHI-MANITOU, ROSE (LAC PIVERT), CROINOR, GATINEAU, LAC SAVIGNY NE and MELASSE in Canada.

Critical Elements is listed in Canada. Its market capitalisation is CA$ 125.8 millions as of today (US$ 96.7 millions, € 81.1 millions).

Its stock quote reached its lowest recent point on August 14, 2009 at CA$ 0.07, and its highest recent level on December 15, 2017 at CA$ 1.86.

Critical Elements has 148 030 000 shares outstanding.

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12/20/2007Breaking news
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