by FPX Nickel FPX Nickel

Vancouver, May 7, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to report that it has filed on SEDAR ( www.sedar.com) the NI 43-101 compliant Preliminary Economic Assessment (“PEA”) for the Decar nickel project in central British Columbia, prepared by Tetra Tech and dated March 22, 2013. The technical report is also available on the Company’s website at www.firstpointminerals.com.

The positive results of the PEA were previously announced in First Point’s news release dated March 22, 2013 and demonstrate the potential economic viability of the Decar project.

About First Point
First Point Minerals Corp. is a Canadian base metal exploration company operating worldwide. For more information, please view the Company’s website at www.firstpointminerals.com or contact Jim Gilbert, President and CEO, or Rob Robertson, VP Corporate Development, at (604) 681-8600.

On behalf of First Point Minerals Corp.

“Jim Gilbert”
Jim Gilbert, President and CEO – TSX Exchange: FPX

Suite 906 — 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: 604.681.8600 Fax: 604.681.8799
e-mail: [email protected]

Forward-Looking Statements

Certain of the statements made and information contained herein is considered “forward-looking information” within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release.