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State-of-the-art QPX Geochemistry Survey
Returning Positive Results for First Narrows

 

VANCOUVER, Jan. 21 /PRNewswire-FirstCall/ -- First Narrows Resources Corp. (TSX-V: UNO) ("First Narrows" or the "Company") is pleased to announce that a Quantum Particle Extraction (QPX) soil geochemical anomaly has been located directly coincident with a MegaTEM II airborne geophysical anomaly on the Middle River property in the Bathurst Mining Camp. The claims covering the QPX- MegaTEM II anomaly are 100% owned by First Narrows.


The QPX results indicate the presence of sulfide mineralization. Profiles of the QPX geochemical results (Zn, Pb, Cu, Ag, Au and several pathfinder metals Cd, S, Mo, As) may be viewed on the company's web site at www.uno.ca


The QPX-MegaTEM II anomaly is located 9 km west of Noranda's BMS No. 12 mine. No record has been found in the New Brunswick Government assessment files of the anomaly ever having been drilled.


A total of 2,234 soil samples were collected for the QPX geochemical survey: 1,355 on the Company's Chester property and 879 on Middle River.


The objective of the QPX survey on Middle River is to further evaluate the property's potential for large sediment hosted gold deposits, to check the extensions of the known gold zones, and to assist in the valuation of several unexplained MegaTEM II anomalies. The balance of the Middle River QPX results are expected within two weeks and will be reported following compilation and interpretation.


The purpose of the QPX survey on the Chester property is to identify the areas of possible zinc-lead and copper mineralization within the cluster of high priority buried MegaTEM II anomalies lying west and northwest of the known Chester mineral deposits. The Company expects to start receiving the Chester QPX results in early February.


QPX geochemistry is founded on various aspects of nanotechnology as applied to mineral exploration. Mineral elements are known to release nanosize quantum particles unique to each element. The quantum particles migrate upward through barren rock much like helium and radon. These particles collect in "B" horizon soils which are well developed in New Brunswick. QPX technology allows for the collection of these particles which in turn leads to the identification of zones of mineralization buried beneath geological formations (i.e. blind) that would normally render traditional geochemical methods less effective.


The New Brunswick Government published a report about QPX technology as applied to mineral exploration (Open File Report OF 2003-8 dated 2003: 'Reconnaissance and Detailed QPX B-Horizon Soil and QPVX Vegetation Geochemistry in the Bathurst Mining Camp...' by H. Lahti, S.R. McCutcheon, and M.A. Parkhill). On page vii, the authors state: "A comparison of QPX and conventional results shows that the conventional concentrations are consistently lower than the QPX concentrations." Further, they state that: "Quantum particle extraction (QPX)...can enhance the ability to detect deeply buried base-metal targets (up to 200 m)."


The quantum particles are being extracted from the soil samples by DSET Inc. of Fredericton, NB, and sent to Acme Analytical Labs of Vancouver, BC for analysis of their respective metals by ICP-MS (Inductively Coupled Plasma-Mass Spectrometry).


Mr. Arthur Hamilton, P.Geo., is the Company's Qualified Person on the Chester and Middle River Projects. Mr. Hamilton is the former 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 and strategic metal properties, the Company's core focus is the advancement of the Chester Copper-Polymetallic Project and the exploration of newly recognized gold belts in the Bathurst Mining Camp. 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: glytle@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.


Source: First Narrows Resources Corp.

CONTACT: 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: glytle@uno.ca

This story has been adapted from a news release -
Diese Meldung basiert auf einer Pressemitteilung -
Deze tekst is gebaseerd op een nieuwsbericht -

 





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