Vancouver, November 27, 2012 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce the second batch of results for 15 of the 27 resource definition holes completed during this year’s 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”). Highlights, as reported in Davis Tube magnetically-recovered (“DTR”) nickel, include:
First Point Minerals Lists on TSX Senior Board
Vancouver, October 31, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that the Company’s common shares will be listed and posted for trading on the Toronto Stock Exchange (“TSX”) senior board at the opening of trading on Thursday November 1st, 2012 under the current symbol “FPX”. The Company’s shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.
First Point Minerals Reports 2012 Decar Drilling Intersects 563 Metres of 0.156% Magnetically-Recovered Nickel
Vancouver, October 25, 2012 – First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce results for the first four of 27 resource definition holes completed during this year’s drilling campaign at the Decar nickel-iron alloy project in central British Columbia. One of the main objectives of the program was to test the lateral and deeper limits of higher grade zones by stepping out in the south-central and northwest areas of the Baptiste deposit, and extending the mineralization to an average vertical distance of 450 metres from surface. Highlights, reported in Davis Tube magnetically-recovered (“DTR”) nickel, include:
First Point Minerals Defines New Drill Target at Orca Property in Northern B.C.
Vancouver, October 11, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to report that its 2012 regional mapping and sampling program has defined a promising, new nickel-iron alloy drill target at the 100%-owned Orca property in the Dease Lake area of northern British Columbia.
The target at Orca measures 1,400 by 750 metres as defined by 118 rock samples averaging 0.113% (or 1,133 ppm) nickel-in-alloy, 5.4% iron, occurring primarily as magnetite, and 0.2% chromium. The surface samples range in value from 0.06 to 0.21% (640 to 2,107 ppm) nickel-in-alloy and contain common-to-abundant, fine-to-coarse grains of disseminated nickel-iron alloy (awaruite) spanning from less than 50 to more than 300 microns (0.05 to 0.3 mm) in size. The dimensions of the mineralized zone are based on 50-metre spaced rock sampling where outcrop is accessible.
First Point Minerals Intersects 316 metres of 0.1% Nickel-In-Alloy at Klow
Vancouver, October 4, 2012 – First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to report that it has intersected a zone of nickel-iron alloy mineralization carrying encouraging grades in a first round of wide-spaced drilling at the 100%-owned Klow property in central British Columbia.
Five holes totalling 1,579 metres tested a 530-metre-long portion of the main target area where surface rock sampling had returned nickel-in-alloy values averaging 0.06% and ranging as high as 0.13% in individual samples.