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: CGE NR...take note..

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCGE-1979216&symbol=CGE&region=C

Vale is willing to put up $16 million to acquire a 65% stake in CGE that presently has a market cap of approx. $5 million.....we are drilling Diana directly close to their border....Corex is finding gold only at approx 150 meters...our drilling is Goldand silver at approx 50 meters at 2-3 times the rock value of Corex....I guess the difference is we only have a few holes drilled so far.

This announcement can only benefit FMG...we are directly between CGE ans VGM (who also think they have mine)

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Jul 26, 2012 06:41PM
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