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LAVAL, QUEBEC First Gold Exploration Inc. (TSX.V:
EFG) (FSE: F12) (US OTCQX: FGEXF) is pleased to report the assay results from
channel sampling on the new showings discovered last October (see press
release dated November 3, 2010). Channel sampling was done on the three new
showings in November. A 116 meter channel sample on the Helico showing
returned 0.44% Li2O,
196 ppm Ta2O5, 505 ppm BeO, 3,565 ppm Rb, 87 ppm Cs and 187 ppm Ga over 116
meters. This channel sample was taken along the length of the
outcrop and does not reflect the true width of the mineralization. Multiple
zones enriched in lithium and/or tantalum, were intersected within the
channel; details are provided in the table below. A 28 meter channel on the
Pivert South showing returned 0.87%
Li2O, 169 ppm Ta2O5, 431 ppm BeO, 2,229 ppm Rb, 95 ppm Cs and 80 ppm Ga over
28 meters. This channel was taken along the length of the
outcrop and does not reflect the true width of the mineralization. Multiple
zones enriched in lithium and/or tantalum, were also intersected within this
channel, as can be seen in the table below. On the Pivert East showing, five
channels 2 to 4 meters long were taken, each returning grades similar to the
channel sampling results on the Helico and Pivert South showings. The table
below shows all the results obtained on the Pivert East showing. The channels
were taken along the length of the outcrop and do not reflect the true width
of the mineralized zone. All these showings are located 2.5 kilometers north-east
of Rose deposit.
The Company is also pleased to report the discovery of another showing about
150 meters north of the Pivert East showing. Two 1 metrer long channel
samples were taken, and returned up to 2.08%
Li2O, 159 ppm Ta2O5, 254 ppm BeO, 1860 ppm Rb, 92.8 ppm Cs and 90 ppm Ga.
"These results once again demonstrate the high potential of Pivert/Rose
project. Half a pound of tantalum on surface in a 116-metre channel is no
small find!" noted Jean-Sébastien Lavallée, Interim
President and Chief Executive Officer.
Table of results obtained from channel sampling on the various showings
Helico showing
|
From
|
TO
|
LENGHT
|
Li20
|
Ta2O5
|
BeO
|
Rb
|
Cs
|
Ga
|
Comments
|
|
(m)
|
(m)
|
(m)
|
(%)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
|
0
|
116
|
116
|
0.44
|
196
|
505
|
3565
|
87
|
187
|
|
|
Including
|
|
|
|
|
|
|
|
|
|
|
0
|
9
|
9
|
NSV
|
366
|
323
|
2041
|
85
|
105
|
Tantalum enrichment
|
|
14
|
27
|
13
|
NSV
|
202
|
507
|
3757
|
78
|
178
|
|
34
|
66
|
32
|
NSV
|
261
|
735
|
3396
|
74
|
197
|
|
73
|
78
|
5
|
1.04
|
258
|
622
|
1930
|
118
|
120
|
|
95
|
97
|
2
|
0.71
|
281
|
389
|
2120
|
98.6
|
121
|
|
103
|
112
|
9
|
1.42
|
225
|
392
|
2320
|
120
|
133
|
|
Including
|
|
|
|
|
|
|
|
|
|
|
67
|
70
|
3
|
1.81
|
97
|
611
|
3217
|
118
|
190
|
Lithium enrichment
|
|
72
|
76
|
4
|
1.68
|
146
|
630
|
3148
|
122
|
170
|
|
80
|
82
|
2
|
1.52
|
48
|
416
|
5935
|
99
|
306
|
|
93
|
96
|
3
|
2.52
|
156
|
319
|
1740
|
117
|
101
|
|
107
|
116
|
9
|
1.95
|
190
|
389
|
2126
|
124
|
132
|
·
This channel was taken along the length of the outcrop and
does not reflect the true width of the mineralization.
Pivert
South showing
|
FROM
|
TO
|
LENGHT
|
Li20
|
Ta2O5
|
BeO
|
Rb
|
Cs
|
Ga
|
Comments
|
|
(m)
|
(m)
|
(m)
|
(%)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
|
0
|
28
|
28
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0.87
|
169
|
431
|
2229
|
95
|
80
|
|
|
Including
|
|
|
|
|
|
|
|
|
|
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8
|
19
|
11
|
0.64
|
282
|
369
|
891
|
104
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NSV
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Tantalum enrichment
|
|
Including
|
|
|
|
|
|
|
|
|
|
|
4
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8
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4
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1.24
|
71
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518
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3865
|
86
|
123
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Lithium enrichment
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16
|
22
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6
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1.96
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102
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336
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1983
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97
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78
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|
25
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28
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3
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1.41
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136
|
389
|
1977
|
93
|
77
|
·
This channel was taken along the length of the outcrop and
does not reflect the true width of the mineralization.
Pivert
East showing
|
CHANNEL
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FROM
|
TO
|
LENGHT
|
Li20
|
Ta2O5
|
BeO
|
Rb
|
Cs
|
Ga
|
|
No
|
(m)
|
(m)
|
(m)
|
(%)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
|
Channel 1
|
0
|
2
|
2
|
0.91
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86.5
|
186.5
|
1300
|
78.8
|
44.5
|
|
Channel 2
|
0
|
4
|
4
|
0.73
|
150
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73.875
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1347.5
|
60.375
|
110.625
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|
Channel 3
|
0
|
4
|
4
|
0.44
|
181.5
|
146.25
|
1577.5
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66.175
|
63.725
|
|
Channel 4
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0
|
2
|
2
|
1.30
|
63
|
193
|
401.5
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82.35
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21.575
|
|
Channel 5
|
0
|
2
|
2
|
1.11
|
99
|
161.75
|
970
|
82
|
32.25
|
·
This channel was taken along the length of the outcrop and
does not reflect the true width of the mineralization.
Girard
(new showing)
|
SAMPLE
|
FROM
|
TO
|
LONGUER
|
Li20
|
Ta2O5
|
BeO
|
Rb
|
Cs
|
Ga
|
|
No
|
(m)
|
(m)
|
(m)
|
(%)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
ppm (g/t)
|
|
739165
|
0
|
1
|
1
|
2.08
|
55
|
60
|
1860
|
74.5
|
78.3
|
|
739166
|
0
|
1
|
1
|
0.84
|
159
|
254
|
1720
|
92.8
|
90
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Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder and president and
chief executive officer by interim 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
president@firstgoldexploration.com
www.firstgoldexploration.com
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