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: Drilling

The drilling campaign, 2nd phase (1200m), has started, and we are on the 3rd hole out of 8 planned for this phase.

5 holes in new, very large chargeability target (Erica Zone = 10x size of Diana Zone), 2 holes in Bailey Zone, 1 hole ?

Because the holes are 150m each, we should see results pretty quickly unless we hit something really good which would need re-assaying.

Watch out for silver grades as well !

Looking forward to the next press release.

FANTOMAS

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