« Grand Opening of www.paintersnation.com Industrial Coatings and Supplies Online Store | Main | How to Protect your Fixed-bed Reactors from Contamination »
October 25, 2005
Teck Cominco Portion of the Chester Base Metal Property Now Consists of 289 Claims
First Narrows Resources Corp. (TSX-V: UNO and OTC US: FNRWF) is pleased to report that Teck Cominco Limited (“Teck Cominco”) has accepted an additional 88 claims staked by First Narrows (1,408ha) for inclusion in the Chester Property Agreement (the “Teck Cominco Option”). The Teck Cominco Option now consists of 289 claims and includes claims covering extensions of the known Chester copper, lead, zinc, and secondary metals (Ag, Bi, Co, In) mineral deposits, and a cluster of newly discovered MegaTEm/VTEM airborne geophysical anomalies that may represent additional volcanogenic massive sulphide (VMS) and feeder mineralization.
Vancouver, B.C. (PRWEB via PR Web Direct) October 25, 2005 -- First Narrows Resources Corp. (TSX-V: UNO and OTC US: FNRWF) (”First Narrows” or the “Company”) is pleased to report that Teck Cominco Limited (“Teck Cominco”) has accepted an additional 88 claims staked by First Narrows (1,408ha) for inclusion in the Chester Property Agreement (the “Teck Cominco Option”). The Teck Cominco Option now consists of 289 claims with the new claims adjoining the south, west and north boundaries of the Teck Cominco portion of the Chester property.
First Narrows entered into the Teck Cominco Option in March 2003 and has the right to earn a 100% interest in the 289 claims subject to a royalty and certain back-in rights held by Teck Cominco.
The Teck Cominco Option includes claims covering extensions of the known Chester copper, lead, zinc, and secondary metals (Ag, Bi, Co, In) mineral deposits, and a cluster of newly discovered MegaTEM/VTEM airborne geophysical anomalies that may represent additional volcanogenic massive sulphide (VMS) and feeder mineralization.
The Chester property is located in the Bathurst Mining Camp, 53 km west of Miramichi, NB. 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 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: www.uno.ca
For Corporate, Media, or Investor Communications contact:
Greg Lytle, Communications Manager
First Narrows Resources Corp.
Toll-free: (866) 285-5817
Vancouver: (604) 839-6946
Email: e-mail protected from spam bots
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.
Posted by Industrial-Manufacturing at October 25, 2005 10:47 PM