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: FMG has a silver lining....

"Highlighted intercepts to date on Dianna zone:

  • HDH 11-09, 11.3 metres of 0.91 gram per tonne gold, 142 g/t silver;
  • HDH 11-10, 29.1 metres of 0.47 g/t Au, 172 g/t Ag;
  • HDH 11-11, 13.3 metres of 0.75 g/t Au, 195 g/t Ag.

Holes HDH 11-10 and HDH 11-11 were drilled on the Diana zone based on previous trenching and surface expression visible on a ridge that contains interesting alteration and sample results. Likewise hole HDH 11-09 was drilled on the same ridge on the Diana zone about 400 metres to the east and along strike of the altered rock mountain ridge."

The above is from March 10.. NR. I gather we are doing exploratory drilling holes on "Erica" which no doubt will be somewhat "blue sky"...to see what we can locate in this new zone. Then we move onto Dianna which could be pretty interesting. THe silver values of 142g/t thru to 195g/t are the gold equivalent of approx ..5g/t of gold. Our neighbours Corex continue to drill and find around 1.0 g/t of gold. Nothing new in this info just highlighting the value of the fact that we are in the silver zone which adds greatly to the potential overall value of FMG. I still continue to be amazed at our SP.

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