First Metals Inc.
TSX : FMA

First Metals Inc.

November 22, 2006 12:21 ET

First Metals Reports Positive Milling Test Results

TORONTO, ONTARIO--(CCNMatthews - Nov. 22, 2006) - First Metals Inc. (TSX:FMA) is pleased to report the results of metallurgical testing conducted on the confirmation drill core recently recovered from the Fabie Bay Copper Deposit (see News Release Sept. 25th, 2006).

The Company is pleased to report that 93% recoveries in a plus 24% concentrate have been achieved in the tests, which confirm the historic recoveries generated by Noranda during the previous period of bulk sample extraction and milling, completed in 1978. This new information completes another important step in the advancement of the Fabie Bay deposit towards production. This information will enable prospective mill processors of Fabie Bay ore to plan circuit configuration as well as to obtain their Certificate of Authorisation for the disposal of tailings. The favourable recoveries will also be used in the Company's cash-flow modeling.

Open circuit batch flotation tests were conducted on a composite sample of the drill core. Locked cycle testing is likely to increase recoveries. The test work is being carried out at SGS Mineral Services at Lakefield. Charles Gryba, C.O.O. has reviewed the contents of this release in his capacity of Qualified Person under NI Policy 43-101.

First Metals is a development company currently focused on the Fabie Bay and Magusi River Copper, Zinc, Gold and Silver Projects, near Rouyn-Noranda, Quebec, Canada. The Company has 30.8 Million shares issued and outstanding and is listed on the Toronto Stock Exchange.

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