Vancouver, August 14, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to provide an update on its ongoing exploration program underway on several of its nickel-iron alloy properties in British Columbia (“B.C.”) and the Yukon. One of the objectives of the Company’s 2013 exploration campaign budgeted at $1 million is to delineate potential drill targets on First Point’s 100%-owned properties — Wale and Orca in BC, and Mich in the Yukon — and to collect large >300 kilogram surface samples from these targets.
Vancouver, August 6, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) wishes to announce that by mutual agreement of the parties, First Point and Cliffs Natural Resources Exploration Canada, an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”), have extended by 30 days, to September 5, 2013, the deadline by which Cliffs can make its election to self-fund the Pre-feasibility Study phase of the Decar project, under the terms of the existing option agreement between the Company and Cliffs.
Vancouver, July 29, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to report that all of the nominees listed in its information circular dated June 26, 2013 were elected as directors of First Point at the Company’s annual general and special meeting of shareholders held in Vancouver on Thursday, July 25, 2013 (the “Meeting”).
Vancouver, June 26, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that field exploration has begun at its 100%-owned Mich nickel-iron alloy property in the Yukon. The Company’s overall 2013 exploration program is budgeted at $1 million and will also include exploration work at the 100%-held Orca and Wale properties in northern British Columbia, as well as continued reconnaissance exploration globally for new nickel-iron alloy targets.
Vancouver, May 15, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to provide an update on metallurgical testing of material from its 100%-owned Wale nickel-iron alloy property in northern British Columbia.
The Wale property is located 45 km east of Dease Lake (a town on BC Highway 37 between Stewart and Cassiar) and covers an area of 119 square kilometres in the Stikine Ranges of northern B.C. Access to the property is by helicopter, directly from Dease Lake, and by a rough mining road and trails using all-wheel drive, heavy duty utility vehicles, which service the nearby jade and placer gold mining operations active in the area.