February 08, 2007 10:00 ET

Assay Results Continue to Confirm High Grade Copper Over Thick Intervals at First Narrows' Chester Project

Hole C-06-034 Intersected 14 Meters (45.9 ft.) of 4.07% Copper, Including 5.2 Meters of 8.05% Copper

Hole C-06-035 Intersected 27.2 Meters (89.2 ft.) of 3.34% Copper, Including 7.0 Meters of 5.31% Copper

VANCOUVER, BC -- (MARKET WIRE) -- February 8, 2007 -- First Narrows Resources Corp. (TSX-V: UNO) ("First Narrows" or the "Company") is pleased to report the latest assay results from the 2006 phase of the resource definition drill program completed on the 100% owned portion of the Chester Copper-Polymetallic Feeder Deposit.

The feeder deposit is interpreted as a mineralized cigar-shaped structure greater than 1,000 meters ( > 3,250 ft.) in length with one to three (or more) stacked, gently westerly inclined and northerly striking, sheet-like internal zones of higher-grade mineralization of variable thicknesses.

Holes C-06-030 to -035 continued to define the up dip, near surface, area of the thick zone of high grade copper mineralization in the feeder deposit. Assay results confirm significant high grade copper mineralization was intersected in a number of holes as follows:

HOLE C-06-030 Collar Coordinates - 5219951N, 710148E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                 38.40     46.00     7.60       24.9       4.87
includes         38.40     43.70     5.30       17.4       5.13

HOLE C-06-031 Collar Coordinates - 5219962N, 710149E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                 35.60     43.20      7.60      24.9       2.00
Includes         35.60     40.20      4.60      15.1       2.70

HOLE C-06-032 Collar Coordinates - 5219975N, 710150E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                 30.85     40.40     9.55       31.3      1.95
includes         33.50     38.80     5.30       17.4      3.08

HOLE C-06-033 Collar Coordinates - 5219919N, 710173E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                 23.30     38.30     15.00      49.2       3.45
includes         23.30     28.30      5.00      16.4       4.24
   and           32.80     38.30      5.50      18.0       4.13
                 42.50     44.90      2.40       7.9       3.44

HOLE C-06-034 Collar Coordinates - 5219919N, 710167E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                24.00     38.00      14.00      45.9      4.07
includes        29.60     34.80       5.20      17.1      8.05

HOLE C-06-035 Collar Coordinates - 5219932N, 710162E; dip vertical

                 From       To      Length     Length      Cu
                  m          m         m         ft        (%)
                21.70     48.9       27.20      89.2       3.34
Includes        24.00     45.30      21.30      69.9       3.83
   and          24.00     31.00       7.00      23.0       5.31
   and          37.63     45.30       7.67      25.2       3.99
   and          42.35     45.30       2.95       9.7       7.30
The 2006 phase of the resource definition drill program consisted of 22 diamond drill holes completed on the eastern shallow end of the gently inclined Chester copper-polymetallic feeder deposit. All 22 holes were sampled and to date analytical results from 15 holes have been received and reported. To review the previously reported results (January 17, 2006, January 11, 2006 and January 24, 2007) visit:

The copper zone, which is immediately accessible from the historical decline, is open to the north, west and east. The overall zone of mineralization dips westerly at 15 to 20 degrees such that the true thicknesses are approximately 93% of the assay intervals reported from the Company's vertical drill holes.

All samples were sent to Activation Laboratories Ltd. in Ancaster, Ontario for analysis. Samples were analyzed on a Varian Vista Pro ICP for copper. Activation Laboratories is accredited to ISO 17025 and CAN-P1579 by the Standards Council of Canada. Certified Canmet Reference Standards and OREAS reference standards are used as controls.

Analyses for secondary metal credits is being carried out on composited sample intervals determined by the copper assay results and an in-house Chester Project scoping study.

Quality Assurance also includes the analysis of blanks, pulp duplicates and preparation duplicates under the supervision of Earnest Brooks, P.Geo., Robert Sim, P.Geo., and Bruce Davis. Earnest Brooks is the Company's Qualified Person on the Chester Project. Mr. Brooks has 37 years experience in mine geology and exploration in the Chibougamau and Bathurst Mining Camps including 15 years at the BMS mines, Bathurst, NB.

The Chester property is located in the southern part of the Bathurst Mining Camp approximately 53 kilometers (kms) west of the City of Miramichi, 30 km northwest of the community of Sunny Corner, and 72 kms southwest of the city of Bathurst in the province of New Brunswick

About First Narrows Resources Corp.:

First Narrows Resources Corp. (TSX-V: UNO) is a Canadian-based mineral exploration company whose corporate strategy is to develop overlooked and undervalued mineral properties that offer near term production potential. The Company is rapidly moving its 100%-owned Chester Project in the Bathurst Mining Camp forward to NI 43-101 mineral resource estimate and conceptual mine design status. For more information visit:

"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. We seek safe harbor.

Contact Information

  • For Corporate, Media, or Investor Communications contact:
    Greg Lytle
    Communications Manager
    First Narrows Resources Corp.
    N. America toll-free: (866) 285-5817
    Int'l. & Vancouver: (604) 839-6946
    Email: Email Contact

    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