Nevada’s Newest Gold Producer

Firstgold's 100% owned flagship property, Relief Canyon Mine, has its heap leach Plan

of Operations in place, and construction is complete

Re-processing of the historic heap leach material is underway with production from the

Relief Canyon open pit mine anticipated for Q3 FY 2010

Firstgold Corp. has shipped the first gold from its recently commissioned gold processing

facility at Relief Canyon.

EPS $0.15 outstanding and EPS fully diluted can amount to $0.12 for FY2010 and $0.33

and $0.25 respectively for FY2011. (Note Firstgold ended its 2009 Fiscal year Jan 31

2009 and is now in Fiscal year 2010)

CFPS is estimated at $0.07 outstanding and fully diluted basis can reach $0.05 (after

repayment of the Secured Note Facility) for FY2010 and increase to $0.34 for FY2011.

Production is estimated to reach 55k oz Au in first full year at competitive cash cost

estimated at $350/oz