First Point Minerals Corp.’s (FPX-TSX) Board of Directors has approved the granting of stock options to officers, employees and consultants for a total of 885,000 shares. The grants are being made pursuant to the Company’s incentive stock option plan which provides for the granting of options to officers, employees and consultants to the Company. The options are effective February 8, 2013, have an exercise price of $0.50 per share and expire February 8, 2018.
First Point Minerals Announces Substantial Increases in Nickel Resources at Decar Project
Vancouver, February 6, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to report an updated independent National Instrument 43-101 compliant mineral resource estimate for the Decar nickel-iron alloy project in central British Columbia. The updated resource estimate will be incorporated into the Preliminary Economic Assessment (“PEA”) currently being completed for the Decar project, which is managed and operated by Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”).
First Point Minerals Reports 2012 Decar Drilling Extends NW End of Baptiste by 580 Metres
Vancouver, January 24, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce the final batch of results for the remaining eight holes of the 27 resource definition holes completed during the 2012 drilling campaign at the Decar nickel-iron alloy project in central British Columbia. The Decar project is in the Preliminary Economic Assessment (“PEA”) phase, and is managed and operated by Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”).
First Point Minerals Provides Exploration Update
Vancouver, January 14, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to provide a review of its 2012 regional exploration activities in Canada, Norway and Australia as part of the Company’s ongoing global search for awaruite, a unique style of naturally occurring nickel-iron alloy mineralization.
First Point Minerals Drills 261 Metres of 0.126% Nickel-in-Alloy at Wale Property
Vancouver, December 17, 2012 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that it has encountered extensive nickel-iron alloy mineralization carrying promising grades during a first pass of wide-spaced exploration drilling at the 100%-owned Wale property in northern British Columbia. Highlights include: