Vancouver, September 29, 2012 — James Gilbert, President and Chief Executive Officer of First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce the appointment of Mr. Martin Turenne, Chartered Accountant, as the Company’s Chief Financial Officer, effective September 1, 2012.
First Point Minerals Updates Progress at Decar
Vancouver, September 21, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to report on the 2012 drilling progress at the Decar nickel 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 Begins Drilling Wale Nickel Alloy Target
Vancouver, August 20, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that exploration drilling has started at the 100%-owned Wale nickel-iron alloy prospect in northern British Columbia.
A proposed drill program of up to 8 widely-spaced holes totalling about 2,800 metres will test a 3-kilometre-long target area of the Wale property. The holes are being positioned based on last year’s surface sampling results, along with visual estimates of grain size and abundance of the mineral awaruite — a naturally occurring nickel-iron alloy — from this year’s recent detailed rock sampling and mapping work.
First Point and Cliffs Settle Arbitration Action on Decar Project
Vancouver, July 31, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) announces that it has agreed with Cliffs Natural Resources Exploration Canada Inc. and Cliffs Natural Resources Exploration Inc., both wholly owned subsidiaries of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (collectively “Cliffs”), on a comprehensive settlement of a previously announced arbitration action with respect to the Decar Nickel-Iron Alloy Project (the “Decar Project” or the “Project”) in British Columbia.
First Point Minerals Completes Previously Announced Follow-on Private Placement
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Vancouver, July 30, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) announces that Cliffs Natural Resources Exploration Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”), has exercised its pre-emptive right to acquire sufficient securities of the Company in order that Cliffs will hold a 15% ownership interest in First Point, for net proceeds of C$436,454.