First Gold Exploration Inc.: Annual Meeting

LAVAL, QUEBEC -- (Marketwire) -- 01/17/11 -- First Gold Exploration Inc. (TSX VENTURE: EFG)(OTCQX: FGEXF)(FRANFURT: F12) is pleased to cordially invite you to its annual general and special meeting of shareholders. The meeting will be held February 8, 2011 at 4:30 p.m. at the Saint-James Club, 1145 Union Avenue, Montreal, Quebec, for the following purposes:

--  To submit to the shareholders the Company's financial statements for the
    fiscal year ended August 31, 2010, as well as the related auditor's
    report;

--  To elect the directors of the Company;

--  To appoint the Company's auditors and authorize the board of directors
    to fix their remuneration;

--  To approve an amendment to the articles of incorporation to change the
    Company's name to 'Critical Elements Corporation' (and its French
    version, 'Corporation Elements Critiques'); and

--  To consider any other matter that might properly come before the
    meeting.

The Company also invites you to meet us at the following trade shows, in which it will be participating in the coming weeks:

3rd Lithium supply & markets conference
January 19, 2011
255 Front St. West
Toronto, Ontario

Critical Metals Investment Symposium
January 21 and 22, 2011
Hotel Pan Pacific
999 Canada Place
Vancouver, British Columbia

Vancouver Resource Investment Conference
January 23 and 24, 2011
Vancouver Convention Centre West
1055 Canada Place
Vancouver, British Columbia

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:

First Gold Exploration Inc.

Jean-Sebastien Lavallee, P.Geo.

Interim President and Chief Executive Officer

819-354-5146
president@firstgoldexploration.com
www.firstgoldexploration.com