First Mexican Gold Corp.

NEW: now 100% interest in the Guadalupe Property in Sonora, Mexico (Jan. 2012) / Best intercept: 37.8 metres of 6.51 g/t Au, 678 g/t Ag

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Message: Silver credits - goldbarron

<<< agreed the low grades at surface levels are very good...but we also hit silver...I didn't do any math..but it probably doubles the gold equivalent at $35ounce >>>

Even better than doubling the gold values, goldbarron.

It´s more like 3-9 times the gold value in the respective hole.

The silver credits are quite substantial, for example:

- HDH11-09, 11.3 m of .91 g/t Au, 142 g/t Ag = .91 g/t + 3.50 g/t = 4.41 g/t Au equiv.
- HDH11-10, 29.1 m of .47 g/t Au, 172 g/t Ag = .47 g/t + 4.24 g/t = 4.71 g/t Au equiv.
- HDH11-11, 13.3 m of .75 g/t Au, 195 g/t Ag = .75 g/t + 4.81 g/t = 5.56 g/t Au equiv.

So, the silver equates to 3.5 g/t gold in hole 11-09, 4.24 g/t gold in hole 11-10 and to 4.81 g/t gold in hole 11-11.

The holes should be valued as:

HDH 11-09, 11.3 m @ 4.41 g/t Au equiv.

HDH 11-10, 29.1 m @ 4.71 g/t Au equiv.

HDH 11-11, 13.3 m @ 5.56 g/t Au equiv.

Looks quite impressive to me (if my math is correct) !

FANTOMAS

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