First Mexican Grants Options

   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.

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

Contacts: First Mexican Gold Corp. Jim Voisin President & CEO 604 681 7265 www.fmgoldcorp.com