November 07, 2005 11:17 ET

First Narrows Delineates VMS Drill Targets West of Known Chester Deposits

Gravity Anomalies Are Sharply Coincident With VTEM Anomalies

VANCOUVER, BC -- (MARKET WIRE) -- November 7, 2005 -- First Narrows Resources Corp. (TSX-V: UNO) (OTC: FNRWF) ("First Narrows" or the "Company") is pleased to report that gravity anomalies have been delineated coincident with VTEM airborne geophysical anomalies west of the known volcanogenic massive sulfide ("VMS") deposits on the Chester property. Chester is situated in the southern part of the Bathurst Mining Camp, 53 km west of Miramichi, New Brunswick.

The reconnaissance gravity lines, several kilometers apart, delineated anomalies measuring up to 0.46 miligals over flat to gently inclined VTEM electromagnetic anomalies interpreted by First Narrows to be unfolded stratabound VMS deposits. The gravity anomalies, sharply coincident with the VTEM anomalies, strongly support the interpretation that the VTEM anomalies are due to sulfide mineralization. The VTEM anomalies are also interpreted to occur within the same volcanic-sedimentary lithologies that host the Chester deposits, and are therefore considered favorable for the occurrence of VMS deposits.

First Narrows either owns, or has the right to own, a 100% interest in the 293 claims that comprise the Chester property. Mr. Arthur Hamilton, P.Geo., is the Company's Qualified Person on the Chester project. Mr. Hamilton was formerly Chief Mine Geologist for Noranda's Heath Steele Division.

About First Narrows Resources Corp.:

First Narrows Resources Corp. (TSX-V: UNO) is a Canadian mineral exploration company whose corporate strategy is to build shareholder value by finding and developing overlooked and undervalued mineral properties. Having assembled a balanced mix of gold, base metal and strategic metal properties, the Company's core focus is the advancement of the Chester copper-polymetallic project and the exploration of newly recognized gold and VMS targets on the Middle River property. The Company's exploration efforts are focused in the Bathurst Mining Camp, renowned for hosting several world-class VMS deposits.

For more information visit:
For Corporate, Media, or Investor Communications contact:
Greg Lytle, Communications Manager
First Narrows Resources Corp.
Toll-free: (866) 285-5817 / Vancouver: (604) 839-6946

"Peter K. Gummer"
Peter K. Gummer, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein. This news release may contain certain forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in our forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made.

Contact Information

  • First Narrows Resources Corp.
    Suite 402 - 1228 Hamilton Street,
    Vancouver, BC, Canada V6B 6L2
    Toll free: 866.285.5817
    Tel.: 604.677.5143
    Fax: 604.677.4702