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: Rock Value...Karen..

The value of what we are hitting is very significant....whether there is enough there to be mineable remains to be seen....but if we can keep stepping out who knows..?

Hole # 32 with 187 ag g/t equivalent has a rock value of ..$196/ton

Hole # 33 with 298 ag g/t has a rock value of ...$313/ton

By comparison CGE has spent close to $8 million on drilling their property the majority of their rock value findings are around $60/ton...based on gold only..very little silver...very little copper.

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