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First Gold Signs Letter of Intent

Mon, Nov 9, 2009

Gold Company News

First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) today announced that the company has signed a letter of intent to earn a 50% interest in the San Javier silver property situated in the Municipality of Malinalpetec, State of Guerrero, Mexico.

The press release is quoted as saying:

The 253 hectares property hosts a silver-gold-lead-zinc epithermal mineralization typical the Mexican precious metal belt. It is located within the Sierra Madre del Sur, therefore in the southern portion of the precious metal belt. This portion of the belt is characterized by a high Silver/Gold ratio.

Click here to access the entire press release

Click here to access First Gold Exploration Corporate Site

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Asides

  • For upcoming gold investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo

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  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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