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: Vale has been on Corex..since July 9th..presumably drilling

550m is a long way down...I don't know how long it would take Vale to drill one hole let alone 4 or five. Maybe 3-4 weeks a hole. I suspect because of the type of mineralization they are looking for they would know if there was anything of interest.. pretty quick. On the other hand it may take 3-4 months to do 4-5 holes and they may find nothing. Hoov, any comments on this process that Vale is going through on CGE property....ie would they know visually if they are into anything worthwhile?

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