First Narrows Provides Project Status Update

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Mon Jun 29, 2009 12:16pm EDT

Drilling planned for Middle River Gold Project in Bathurst Mining Camp
VANCOUVER--(Business Wire)--
First Narrows Resources Corp. (TSX-V: UNOand OTC US: FNRWF) (the "Company") is
pleased to provide a status update on it projects and plans for the summer/fall
2009. While copper and base metals prices have recovered significantly from the
lows seen earlier in the year, the Company feels its best opportunity to create
shareholder value in the current market environment is to focus its summer/fall
exploration efforts on its 100% owned Middle River gold property in the Bathurst
Mining Camp, New Brunswick, Canada. 

Status of projects and properties in New Brunswick, Canada: 

Middle River Au (+/- Base Metals) Property

The Company continues to maintain the key Middle River property claims in good
standing that cover the MRG gold deposit, an orogenic gold model type of
deposit, that is greater than 500 meters in length and open on trend and at
depth. The property, accessible by Hwy 180, is located 18 kilometres (km) west
of the city of Bathurst and 9 km north of Xstrata`s Brunswick #12 mine
(producing Zn, Pb, Cu, Ag + since 1964). The Company`s most recent drill program
on the property took place in 2005, when gold was less than half the current
price. Field exploration and planning is in progress and, subject to financing,
the Company plans further drill definition of the gold deposit at depth and on
trend this summer/fall. 

Chester Cu + Pb, Zn, Ag Project (includes Hubbards Pond claims)

The Company continues to maintain the key Chester property claims in good
standing. The key claims cover the known East and Central -- copper-zinc-lead
volcanogenic massive sulphide (VMS) -- Zones, and shallow and deep extensions of
the Copper Feeder Deposit, coupled with satellitic undrilled VTEM airborne
geophysical and soil geochemical anomalies, that demonstrate a significant
potential for a much larger mineral resource than has been defined to date in
the upper extent of the Feeder Deposit. The VTEM and geochemical anomalies are
underlain by newly identified extensions of the most productive horizon in the
Bathurst Mining Camp. Further evaluation of the resource potential of these
targets will be dependent on continued improvement in base metals prices along
with the economy, and the availability of financing and/or the opportunity to
joint venture the project with an operating mining company. 

Falls Creek Mo-W Property

The key claims covering the Company`s molybdenum-tungsten discovery are being
maintained in good standing. The Company plans no field programs on the property
in 2009 and further work will be dependent on improvement in the metals prices. 

Zealand Be, Mo, W Property

Zealand is an early stage beryllium-tungsten-molybdenum exploration property. No
work is planned at this time. 

Status of projects and properties in Sonora, Mexico: 

The Company is focusing on the area around the former Susana Cu-Au-Ag producer,
which includes the Lupita gold and Maria silver mineral occurrences, and will be
dropping all other outside claims. Drilling to evaluate the resource potential
of these areas will be considered this fall and be dependent on the availability
of financing. The Company also continues to assess the potential of a joint
venture arrangement to facilitate drill evaluation and further exploration of
its Sonora mineral claims. 

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 projects in the Province of New Brunswick, Canada and in the State
of Sonora, Mexico. The most advanced are the Chester Cu-polymetallic deposit in
New Brunswick`s Bathurst Mining Camp, Canada, and the Susana D`Oro Cu-Au-Ag
deposit, a former high grade producer located in Sonora`s Au-Ag and Cu-Mo mining
belts, all 100% owned. For more information visit: www.uno.ca

ON BEHALF OF THE BOARD OF DIRECTORS

"Peter K. Gummer"
Peter K. Gummer, President 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. We seek safe harbor.

This press release contains "forward-looking information" that is based on the
Company`s current expectations, estimates, forecasts and projections.This
forward-looking information includes, among other things, statements with
respect to the Company`s plans, outlook, mineral projects and business
strategy.The words "may", "would", "could", "should", "will", "continues",
"likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast",
"project" and "believe" or other similar words and phrases are intended to
identify forward-looking information.

Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the Company`s actual results, level of
activity, performance or achievements to be materially different from those
expressed or implied by such forward-looking information.Such factors include,
but are not limited to: uncertainties related to required approvals;
uncertainties related to exploration results; the ability to raise sufficient
capital to fund exploration and the expenses of the Company; changes in economic
conditions or financial markets; changes in mineral prices; litigation;
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological or operational difficulties; inability
to obtain licenses or permits and employment and labour relations matters.

This list is not exhaustive of the factors that may affect our forward-looking
information.These and other factors should be considered carefully and readers
should not place undue reliance on such forward-looking information.The Company
disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.





First Narrows Resources Corp.
Greg Lytle, Communications Manager
Toll-free: (866) 285-5817
Int`l. & Vancouver: (604) 839-6946
glytle@uno.ca

Copyright Business Wire 2009

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