First Mexican Gold Corp.

NEW: now 100% interest in the Guadalupe Property in Sonora, Mexico (Jan. 2012) / Best intercept: 37.8 metres of 6.51 g/t Au, 678 g/t Ag

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WE OWNED ONLY 80% OF THE PROPERTY..."IMI" THE OTHER 20%...WE BOUGHT THE OTHER 20% FOR 4 MILLION SHARES OF "FMG"....READ THE NR IT IS ALL THERE. a JV WITH IMI WOULD MAKE IT MORE DIFFICULT TO MAKE FUTURE ARRANGEMENTS WITH ANOTHER THIRD PARTY OR SELLTHE PROPERTY IN THE FUTURE...SO WE NOW OWN 100%...WE CONTROL OUR OWN DESTINY. MUCH CLEANER....BENEFITS FMG GREATLY...IMO.

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