First Bauxite Corporation Appoints New Chief Financial Officer

First Bauxite Corporation (TSX VENTURE:FBX) ("First Bauxite" or the "Company")
announces that Carlos Pinglo has been appointed Chief Financial Officer and
Corporate Secretary of First Bauxite succeeding Ian Fodie. The Company thanks
Mr. Fodie for his contributions and wishes him well in his future endeavors.


Mr. Pinglo will also continue in his role as Chief Financial Officer and
Corporate Secretary of Eurotin Inc. He is an economist with over 20 years senior
management experience working with both private and public companies in
corporate finance, strategic planning, financial reporting and mergers and
acquisitions. He has previously held a number of senior finance roles, including
Chief Financial Officer at Medoro Resources Ltd., Vice President, Finance at
Pacific Coal Resources Ltd., Controller of both Silver Eagle Mines Inc. and
Excellon Resources Inc. and a member of the Board of Directors of Mineros
Nacionales S.A.


About First Bauxite: First Bauxite is a Canadian natural resource company
engaged in the exploration and development of bauxite deposits in Guyana, South
America. The Company has its head office in Toronto and is managed by
experienced geoscientists and business development professionals with worldwide
experience in the exploration and mining business across a number of mineral
commodities. The mission of First Bauxite is to become a near term, medium size
producer and supplier of high quality refractory grade sintered (calcined)
bauxite. First Bauxite controls a large land package in Guyana's historical
coastal bauxite belt, including the Bonasika Mining License, the
Waratilla-Cartwright Prospecting License, and the Essequibo PGGS Prospecting
Permit. The Company also holds the Tarakuli and contiguous Tarakuli North-West
Prospecting Licenses in Northeast Guyana. The Company's Bankable Feasibility
Study Update defines and confirms the economic viability of an operation based
on sequential mining of the two (2) bauxite deposits (Bonasika 6 and Bonasika
7), and the construction of a washing plant facility, a sintering plant, and
load out facilities, at Sand Hills. The Bonasika 1, 2 and 5 deposits are
additional value and would increase the mine of life from 36 years to 44.5
years.


For further information on First Bauxite Corporation, please visit our corporate
website at www.firstbauxite.com.


On behalf of The Board of Directors of First Bauxite Corporation

Hilbert N. Shields, President & CEO

Certain statements in this press release constitute "forward-looking
statements". Forward-looking statements express, as at the date of this press
release, the Company's plans and expectations, or beliefs as to future events.
Forward-looking statements are based on certain assumptions, involve risks and
uncertainties and there can be no assurance that such statements will prove to
be accurate. Therefore, actual future events could differ materially from those
anticipated in such statements. Readers are cautioned not to place undue
reliance on the forward-looking statements contained in this press release.
Subject to applicable laws, the Company assumes no obligation to update or
revise any forward-looking statement, whether as a result of new information,
future events or any other reason.


FOR FURTHER INFORMATION PLEASE CONTACT: 
First Bauxite Corporation
Hilbert N. Shields
President & CEO
416-613-0910
www.firstbauxite.com