First Bauxite updates on Bonasika Refractory Bauxite Project

Feb. 22, 2010
In December, 2009 FIRST BAUXITE CORP. ("First Bauxite" or the "Company") announced the start of sonic drilling of the bauxite deposits contained in the Waratilla-Cartwright Prospecting Licence ("Warcart PL") to explore the extent, quality and continuity of the deposits and to prepare a NI 43-101 compliant resource estimate. First Bauxite is pleased to present the results of this drilling for which analytical results are available to February 15.
The holes indicate a continuous zone of mineralization over an area of 1.3km x 500m (7ha) within the Waratilla-Cartwright Prospecting Licence (4000ha). These excellent results illustrate the high potential for expanding the Company's resource inventory with premium grade bauxites. The former limited Demba (Alcan subsidiary) drilling (1960s) provides a good guideline for on-going exploration.
The Company is also pleased to announce that it is on schedule and continues to achieve significant progress in the preparation of a Feasibility Study for the development of the Bonasika Refractory Bauxite Project. The drilling at Warcart PL is expected to add significantly to the bauxite tonnage available for the project as well as significantly enhancing the quality of the resource available. The focus of exploration is centered some 8km southeast of the Bonasika 1 deposit.
The CEO of the company Hilbert N Shields commented that "the initial drill results from Warcart are confirming the presence of very high quality refractory grade bauxite as indicated by the historical Alcan drilling and at the same time quantifying significant tonnages of bauxite, which can potentially add value to the Bonasika Mine by extending the resource base and the mine life and thus assure customers of a long term supply of refractory bauxite from FBX."