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: I think....

Starting today we will start to see the slow uptick begin. Similar to what we saw the week before the drill results. Half a penny or a penny per day. I dont know if Anon is done with thier holding but if they are, look out because this could climb in a hurry once people realize that the availble shares at this level are drying up.

Think about how steady this heald with all of the selling pressure at .13-.135. That is the established base and the new launching pad. If someone wants to take a position that is the cheapest they are getting in and that will soon be higher.

How many juniours have these results with a $6M market cap?

Diana zone drill highlights to date (all near-surface intervals, see news release dated March 10, 2011):

  • HDH 11-09: 15.7 metres of 0.77 gram per tonne gold and 105 grams per tonne silver (143.7 grams per tonne silver equivalent);
  • HDH 11-10: 39.0 metres of 0.40 gram per tonne gold and 135 grams per tonne silver (154.9 grams per tonne silver equivalent);
  • HDH 11-11: 49.5 metres of 0.42 gram per tonne gold and 86 grams per tonne silver (107 grams per tonne silver equivalent), including 13.3 metres of 0.75 gram per tonne gold and 195 grams per tonne silver (232.7 grams per tonne silver).

Karen zone drill highlights to date (all near-surface intercepts, see news releases dated April 28, 2011, and Feb. 27, 2012):

  • DDH No. 1: 5.8 metres of 3.67 grams per tonne gold and 753 grams per tonne silver;
  • DDH No. 2: 15.2 metres of 2.58 grams per tonne gold and 47 grams per tonne silver;
  • DDH No. 3: 39.2 metres of 6.06 grams per tonne gold, 669 grams per tonne silver and 0.94 per cent copper (1,046 grams per tonne silver equivalent);
  • RC hole No. 2: Two metres of 1.48 grams per tonne gold and 1,330 grams per tonne silver;
  • RC hole No. 3: 18 metres of 6.52 grams per tonne gold and 61 grams per tonne silver;
  • HDH 11-04: 15.2 metres of 1.57 grams per tonne gold, 335 grams per tonne silver and 0.18 per cent copper;
  • HDH 11-05: 33.4 metres of 4.27 grams per tonne gold, 395 grams per tonne silver and 1.24 per cent copper (706 grams per tonne silver equivalent);
  • HDH 11-06: 21.6 metres of 4.90 grams per tonne gold, 104 grams per tonne silver and 0.73 per cent copper;
  • HDH 11-27: 9.7 metres of 6.33 grams per tonne gold, 1,853 grams per tonne silver, 12.62 per cent copper (3,105 grams per tonne silver equivalent);
  • HDH 11-29: 12.2 metres of 1.86 grams per tonne gold, 70 grams per tonne silver and 0.14 per cent copper.

Mar 07, 2012 09:19AM
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