March 26, 2004

News Release: Major Gold Intersection and New Discovery by First Narrows Resources at Golden Ridge

First Narrows Resources Corp. (TSX-VEN: UNO and OTC US: FNRWF) (the 'Company') announces that Hole GR-04-11 intersected 48.9 meters (160.4 feet) averaging 1.5 gram/tonne (g/t) gold, including 12.5 m averaging 2.6 g/t gold, on the Golden Ridge Gold Property in southern New Brunswick. Hole GR-04-12 intersected 26.0 m (85.3 feet) averaging 1.0 g/t gold, including 6.7 m averaging 1.987 g/t gold in the new discovery announced on February 26, 2004.

'The known gold mineralization is within the volcanic rocks that are interpreted as part of a volcanic dome and collapsed caldera complex. The results of the Company's drill program confirm the economic significance of the Golden Ridge Property, with the gold zones having the potential to develop into a large gold resource. Further, the results underscore the growing potential of New Brunswick's emerging gold belt', said Peter Gummer, President and CEO of First Narrows Resources.

    Hole GR-04-11; collar 1+60N, 4+14 W; -48; length 213.5 m (700.5 ft.)
    --------------------------------------------------------------------

    From (m)    To (m)        Length (m)        Assay (g/t gold)
    --------    ------        -------------     ----------------
    68.1        117.0         48.9 (35m tw)     1.469
    Including
    89.0        101.5         12.5              2.636

    Hole GR-04-12; collar 1+60N, 4+50 W; -62; length 321m (1053 ft.)
    ----------------------------------------------------------------

    From (m)    To (m)        Length (m)        Assay (g/t gold)
    --------    ------        -------------     ----------------
    6.0         32.0          26.0 (17m tw)     1.0
    Including
    10.0        16.0          6.0               1.978

    tw (equal sign) true width
    (Analyses by Activation Laboratories)

The gold zones, distinguished by finely disseminated arsenopyrite needles and pyrite, have a low, less than 2 percent, sulfide content.

The Company has commenced detailed studies of the lithologies, structure, and mineralogy of the gold zones, and the distribution of gold therein.

Five drill holes currently have been completed with the sixth in progress. Drilling will continue on Golden Ridge until after spring breakup under the supervision of Mr. Richard Mann, P.Geo., the Company's Qualified Person for the Golden Ridge Property.

Freewest Resources Canada Inc. owns the Golden Ridge Property and the Company has an option agreement to earn a 50% interest in the property.

About First Narrows Resources Corp.

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First Narrows Resources Corp. (TSX-VEN: UNO and OTC US: FNRWF) is a Canadian mineral exploration company whose corporate strategy is to build shareholder value by finding, acquiring, and developing properties with undervalued mineral assets. The Company is actively acquiring and developing a balanced mix of gold, base and strategic metal properties. The Company's focus is the development of the Chester Copper-Polymetallic Deposit, and the exploration of the Golden Ridge and Middle River gold properties, all located in New Brunswick, Canada. 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 E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. 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 contains 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.

For Corporate, Media, or Investor Communications contact: Greg Lytle, Communications Manager, First Narrows Resources Corp., Toll-free: (866) 285-5817, Vancouver: (604) 839-6946, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. (UNO. FNRWF)

WEBSITE This email address is being protected from spambots. You need JavaScript enabled to view it.