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Blue Note Mining is a Canadian mineral exploration and mining company headquartered in Montreal. The company's shares trade on the TSX Venture Exchange under the symbol BNT.

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Message: Blue Note and First Gold to Drill Deep Gold at Croinor

Blue Note and First Gold to Drill Deep Gold at Croinor

posted on Apr 07, 2010 02:41PM

Blue Note and First Gold to Drill Deep Gold at Croinor

	    MONTREAL, April 7 /CNW Telbec/ - Blue Note Mining Inc. (TSXV: BNT) and
First Gold Exploration Inc. (TSXV: EFG) (FSE: F12) report that the joint
venture is undertaking a program to expand the gold-bearing mineral resource
and to advance the project at the jointly-owned Croinor gold property, located
near Val-d'Or in the Abitibi region of the Province of Québec.
	    The two companies have outlined a $1,250,000 work program. $700,000 will
be allocated to a drill program aimed at delineating potential ore grade
mineralization at depth in the Croinor deposit, where gold mineralization has
been identified in widely-spaced drill holes, as well as to step out and
further test the mineralized diorite sill at greater depths.
	    Several short holes will also test near-surface potential of gold
mineralization that has been identified to the west of the West Pit at
Croinor. The joint venture also will spend approximately $550,000 on
engineering projects pertaining to rock mechanics, environmental management
and site reclamation and project feasibility.
	    Historical drilling at Croinor delineated a gold resource in a quartz
vein system running from surface to approximately the 250-meter level. To
date, 38 veins have been identified measuring an average three meters at a
grade of 10 grams per tonne. The structure remains open at depth. Blue Note
and First Gold will also examine the feasibility of developing
already-outlined near-surface gold mineralization.
	    The gold-vein resource at Croinor currently measures 238,000 ounces at a
cutoff of five grams per tonne (see First Gold news release dated August 11,
2009). The near-surface resource, which was not included in a Preliminary
Economic Assessment, could provide production tonnage during the initial
months of operations while the underground mine is being brought into
production.

	    <<
	    MEASURED and INDICATED RESOURCES

	                      Cut-off 5,00 g/t Au

	    Category          Tonnes      gpt     Ounces

	    Total Measured    31 192     8,59      8 615

	    Total Indicated   783 036    9,13    229 799

	    Total             814 228    9,11    238 414
	    >>

	    Current infrastructure at the Croinor site includes a small maintenance
building, a 200-meter deep shaft, a 300-meter long ramp and 2000 meters of
lateral development on four levels as well as roadways and waste and ore
storage pads associated with previous open-pit mining operations.
	    "This property has the potential of hosting significant gold
mineralization at depth," said John Martin, Blue Note's Chief Operating
Officer. "We are looking for further confirmation of the vein system mirroring
itself at depth."
	    "We drilled two holes to a depth of 350 meters and hit intersections
measuring an average 3 meters with an average grade of 11 grams per tonne,"
said Eric Leboeuf, First Gold's President and Chief Executive Officer.
	    "This work program is another step towards the development of the Croinor
gold project. We are pleased to advance this project with the full
co-operation of our joint venture partner", added Mr. Martin.
	    An application for a Certificate of Authorization from MEQ was submitted
in January and is presently under review. The joint venture expects to obtain
the operating permit in the second quarter of 2010.
	    In other news, Blue Note reports that it has issued a total of 2,400,000
incentive stock options on April 1, 2010, subject to regulatory consent.
	    Officers and directors of Blue Note were granted 1,800,000 incentive
stock options. The balance of the stock options was issued to employees and
consultants of the company. These incentive stock options are exercisable at
$0.11 with an expiry date of April 1, 2015. There is an eighteen month vesting
period, which includes a four month hold period expiring on August 2, 2010.
	    John Martin, P. Eng., Chief Operating Officer, Blue Note Mining Inc., is
a Qualified Person and has reviewed the technical information contained in
this press release.

	    About Blue Note Mining

	    Blue Note Mining is a mineral exploration and mining company
headquartered in Montreal with properties located in known gold regions in
Canada, including the prolific Val-d'Or region of Quebec and northern New
Brunswick. The company's shares trade on the TSX Venture Exchange under the
symbol BNT.

	    About First Gold Exploration

	    The goal of the Company is to create shareholder value by acquiring
promising projects that could be advanced to production stage in a short
period of time. It has already done so with its Croinor project and is working
to do the same with its other properties while keeping an eye open for new
acquisitions.

	    Forward-Looking Statements

	    This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that involve
risks and uncertainties. Although the company believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurances that its expectations will be achieved.
Factors that could cause actual results to differ materially from expectations
include the effects of general economic conditions, actions by government
authorities, uncertainties associated with contract negotiations, additional
financing requirements, market acceptance of the Company's products and
competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.

	    "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."





-30-
	    /For further information: Glenn Massad, Vice President, Investor
Relations, Blue Note Mining, (800) 937-3095 x230, [email protected],
www.bluenotemining.ca; Eric Leboeuf, President and Chief Executive Officer,
First Gold Exploration, (514) 862-6889, [email protected],
www.firstgoldexploration.com/

BLUE NOTE MINING INC.

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