News
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Dec 06, 2007 05:32AM
Targeting High Grade Uranium on the Athabasca Trend
Analytical results of ten additional grab samples follow:
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Sample Au Ag Ag Cu Pb Zn Ba Bi Sb
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# ppm ppm o/t % % % % ppm ppm
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320 0.107 283 8.25 0.41 0.07 0.02 0.02 773 1385
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321 0.019 74 2.2 0.07 0.23 0.04 0.23 49 190
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322 0.016 441 12.9 0.45 1.32 2.81 0.25 139 693
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323 0.035 32 0.93 0.02 0.09 0.04 0.26 78 54
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324 0.025 58 1.69 0.03 0.20 0.03 0.25 187 193
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325 0.011 7 0.03 0.08 0.01 0.06 0.58 14 10
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326 0.025 73 2.13 0.03 0.12 0.02 0.27 43 299
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327 0.116 674 19.66 1.27 0.04 0.03 0.01 826 3470
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328 0.157 1585 46.23 3.02 0.11 0.07 0.10 1020 7190
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329 0.155 1505 43.90 2.05 0.25 0.06 0.07 968 7850
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All analytical work was carried out by ALS Chemex Laboratories. Geochemical analyses, except for gold, were done using ICP. The gold assays were done by standard fire assay with AA finish. Base metal assays were carried out by aqua regia digestion followed by ICP-AAS on samples exceeding 10,000 ppm copper, lead, or zinc.
Located approximately 80 km (50 mi.) east-southeast of the city of Hermosillo, the Maria stockwork structure has abundant hematite and specular hematite occurring as stockwork veins and zones of gossan across the structure (up to 20 meters or 66 ft.). Semi-massive to massive barite occurs over widths up to 3 meters (10 ft.). Galena (PbS) and chalcopyrite (CuFeS2) are visible in association with the barite.
Historical small mine activity, consisting of several historical shafts and pits, targeted high grade silver mineralization along the structure. Minera FNR de Mexico, S.A. de C.V. ("FNR"), a wholly owned subsidiary of First Narrows, now has a claim position in the area east of Hermosillo, Sonora, that totals 106,314 hectares (262,708 acres). The claims cover the Maria stockwork zone along with a mix of ASTER anomalies, favourable structures, and historical mineral occurrences. Ongoing exploration programs on the claims are focused mainly on prospecting. Geologically, the Property lies within the western part of the northerly trending copper-molybdenum porphyry and gold mineral belts.
Dr. Adrian Mann, P.Geol, the Company's Qualified Person for its Mexican projects, has visited the occurrence and verified the contents of this news release.
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 has active projects in the Province of New Brunswick, Canada and in the State of Sonora, Mexico. The most advanced project is the 100%-owned Chester copper-polymetallic deposit in New Brunswick's Bathurst Mining Camp, which is rapidly moving 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. We seek safe harbor.
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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