First Americas Gold Corporation has signed an option agreement to acquire up to 100% interest in an advanced gold exploration project covering 7,700 acres in the Gold Basin Mining District of Arizona. The project contains two identified resource zones with high gold grades from historical exploration. First Americas plans to verify the known resources, advance exploration on five additional high potential targets, and prepare a new NI 43-101 resource report. The long term goal is to assess reopening the previously planned open pit mine.