SOURCE: FIRST NARROWS RESOURCES CORP.

December 04, 2006 14:02 ET

First Narrows Extends High Grade Copper Mineralization at Chester

14.9 Meter (49 Feet) Wide Intersection in Hole C-06-025

VANCOUVER, BC -- (MARKET WIRE) -- December 4, 2006 -- First Narrows Resources Corp. (TSX-V: UNO) (OTCBB: FNRWF), ("First Narrows" or the "Company") is pleased to announce that 9 diamond drill holes totaling 550.5 meters (1,806 feet) have been completed in the near surface, upper area of the Chester Copper Feeder deposit. Drill hole C-06-025 intersected a 14.9 meter (49 feet) wide high grade zone of chalcopyrite (copper sulfide) mineralization.

Photos of the mineralization from the intercept in drill hole C-06-025 are available on the Company's website: www.uno.ca.

The drill program continues to demonstrate that high grade copper zones occur within the broader lower grade alteration envelope of the feeder structure, from its eastern near surface area of the current drilling, to its westerly deeper down plunge extent.

Secondary metal credits (cobalt, indium, bismuth, gold) are also concentrated in the high grade copper zones.

The core has been logged and sampling is in progress on the most recent 4 holes. A total of 96 samples, taken from the first 4 holes, have been sent to Activation Laboratories in Ontario for assay. Drilling is advancing at a rate of approximately 1 hole per 1.5 days to the north and northwest at 12.5 meter hole spacings.

Mr. 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, and 72 kms southwest of the city of Bathurst, New Brunswick.

About First Narrows Resources Corp.:

First Narrows Resources Corp. (TSX-V: UNO) (OTCBB: FNRWF) 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: www.uno.ca

ON BEHALF OF THE BOARD OF DIRECTORS
"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. We seek safe harbor.

Contact Information

  • For Corporate, Media, or Investor Inquires contact:
    Greg Lytle
    Communications Manager
    First Narrows Resources Corp.
    Toll-free: (866) 285-5817
    Vancouver: (604) 839-6946
    Email: glytle@uno.ca