First Gold Exploration Inc.: Early Warning Report

MONTREAL, QUEBEC--(Marketwire - April 4, 2008) - First Gold Exploration Inc. (TSX VENTURE: EFG.V) ("First Gold") announce in accordance with regulatory requirements, that Eric Leboeuf, CEO and Director of First Gold, has recently acquired, directly or indirectly, 60,000 common shares of First Gold.

Prior to such acquisition, Mr. Leboeuf held, directly or indirectly or had control over, 1,090,000 common shares and 50,000 warrants of First Gold, each warrant entitling the holder to acquire one common share. In addition, First Gold has granted to Mr. Leboeuf, 500,000 options to acquire 500,000 common share of First Gold.

Mr. Leboeuf currently holds or exercises control or direction over an aggregate of 1,150,000 common shares of First Gold which represent an interest of 7.06% of First Gold's issued and outstanding capital at the date hereof on a non-diluted basis. Assuming the exercise of all warrants and options held by him or over which he has control or direction, Mr. Leboeuf will hold or exercise control or direction over an aggregate of 1,700,000 common shares of First Gold, which represent an interest of 10.09% of First Gold's issued and outstanding capital at the date hereof on a partially diluted basis.

The securities acquired by Mr. Leboeuf referred to above are held for investment purposes only. These investments will be reviewed on a continuing basis and holdings may be increased or decreased in the future.

For more information about First Gold Exploration:

Agoracom IR

Hub Home for First Gold:

http://www.agoracom.com/ir/firstgoldexploration

Profile for First Gold:

http://www.agoracom.com/ir/firstgoldexploration/profile

Broker Fact Sheet:

http://www.agoracom.com/company/broker_fact_sheet/563067/Microsoft_PowerPoint_-_EFG-BFS-Feb25-08.pdf

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Eric Leboeuf
First Gold Exploration Inc.
President and Chief Executive Officer
514-234-6488