Avino Silver & Gold Mines Ltd. press release
First Narrows Defines Multiple Massive Sulphide Targets within the Chester Favourable Horizon
TSX - Toronto Stock Exchange · Silver · Gold · Copper · Canada
VTEM results show historical drilling missed primary VMS and feeder targets
VANCOUVER, April 12 /CNW/ - First Narrows Resources Corp. (TSX-V: UNO) ("First Narrows" or the "Company") is pleased to provide further details about the cluster of VTEM airborne geophysical conductors on the Chester Property located west and northwest of the known Chester zinc-lead-silver volcanogenic massive sulphide (VMS) deposits and the copper-polymetallic feeder deposits. The VTEM targets are located on both the Teck Cominco Option and on the surrounding claims owned 100% by First Narrows. First Narrows has the right to earn a 100% interest in the Teck Cominco claims. The Chester Property is located 53 km west of Miramichi, NB. The VTEM conductors occur as discrete near surface targets aligned along several prominent trends hosted within the flat lying to gently dipping Chester favourable horizon. The targets are immediate extensions of, and lie satellitic to, the known Chester deposits. The strongest conductors are shown in red/pink (see the attached map or visit: www.uno.ca). The stratabound conductors, representing the VMS targets, are up to 1,000 meters long by 400 meters wide and up to 50 meters thick. Wide spread alteration and sulphide mineralization, as demonstrated by assay and core descriptions from some of the historical drilling, characterizes the Chester horizon, with the VTEM conductors interpreted as outlining the areas of increased sulphide content. None of the historical drill holes, except for the shallow holes in the near surface portion of the up-dip extension of the Western Deeps (see news release of April 4, 2005), tested the key VMS and feeder VTEM conductors. The collar locations of the historical drill holes outside the known Chester deposits are also shown on map previously referenced. The distinct cluster and size of the VTEM targets demonstrate a clear potential for a major increase to the Chester property's known zinc-lead- silver and copper-polymetallic resources. 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 metal 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 and VMS targets in the prolific Bathurst Mining Camp. 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.