First Mexican Gold Corp. (TSX VENTURE:FMG) (the "Company" or "First Mexican" or
"FMG") announces that a total of 600,000 incentive stock options have been
granted to directors, officers and consultants of the Company pursuant to the
Company's Stock Option Plan. The options are exercisable for a period of five
(5) years at a price of $0.25 per share. 


First Mexican Gold Corp. is an active explorer for precious metals in Mexico and
holds an option to acquire 80% interest in the Guadalupe property package from
(MIMSA) a wholly owned subsidiary of International Millennium Mining Corp. (TSX
VENTURE:IMI). The Company now controls a total of 15,112 hectares in this high
potential exploration area.


On Behalf of the Board of Directors

FIRST MEXICAN GOLD CORP.

Jim Voisin, President & CEO

We seek safe harbour.

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