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Re: News Releases - Thursday, February 18, 2010
First Point Discovers Nickel-Iron Alloy on the Klow Property,
Central BC
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First Point Minerals Corp. ("First Point" or the "Company") is pleased
to report the discovery of nickel-iron alloy on its 100%-owned Klow
property. The alloy was observed in four samples taken from bedrock
over a 330 meter north trending zone in a serpentinized ultramafic
unit. The disseminated nickel-iron alloy grains and composites range
from less than 50 to more than 900 microns in size based on
petrographic microscope examination. Follow-up scanning electron
microscope analyses provided a range of 72 to 85% nickel, 15 to 28%
iron and minor cobalt in the nickel-iron alloy and confirmed the
presence of the mineral awaruite, essentially a form of naturally
occurring stainless steel. Other nickel-bearing minerals, including
millerite, heazlwoodite and pentlandite were also noted in composite
grains. Total nickel values in the rock samples range from 0.21 to
0.25%.
The Klow property is located about 135 kms (kilometers) north of Fort
St. James and is about 18 kms east of the CNR rail line and 55 kms
north of the Decar property. A well maintained logging road on the
east margin of the property provided convenient access for several days
of work in the late season field work in 2009. Klow is one of four
properties in which First Point holds a 100% interest and with the
Decar property (optioned to Cliffs Natural Resources Exploration
("Cliffs") -- see details in News Releases November 13 and December 2,
2009) cover a series of ultramafic pods and coincident airborne
magnetic highs located in a 130 km long semi-continuous north trending
belt. All of the properties are located within 5 to 30 kms on either
side of the CNR rail line.
First Point is very encouraged with this preliminary exploration work
on the Klow property. The extent of mineralization remains wide open
on all sides. Field work in 2010 on the four properties in which First
Point has a 100% interest will involve wide ranging and grid controlled
mapping and sampling and, if warranted, geophysical surveys.
ACME Analytical Laboratory Ltd., Vancouver, analyzed the rock samples
using ICP-MS techniques and Micron Geological Ltd. employed an AMRAY
1810 scanning electron microscope equipped with an EDAX "Genesis"
energy dispersive X-ray analyzer to complete microprobe
semi-quantitative analytical work. Ron Britten, Ph.D., P. Eng., is
responsible for the contents of this release.
First Point Minerals Corp. is a Canadian base and precious metal
exploration company focused on the Americas. For more information,
please view the Company's website at www.firstpointminerals.com or
phone Peter Bradshaw, President and CEO, or Ron Britten, Vice-President
of Exploration, at (604) 681-8600.
FIRST POINT MINERALS CORP.
"Peter M D Bradshaw"
Peter M D Bradshaw, President - TSX Venture Exchange: FPX
Suite 906 - 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: 604/681-8600 Fax: 604/681-8799
e-mail: firstpoint@firstpointminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release
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Copyright (c) 2010 FIRST POINT MINERALS CORP. (FPX) All rights
reserved. For more information visit our website at
http://www.firstpointminerals.com/ or send
mailto:info@firstpointminerals.com
Message sent on Thu Feb 18, 2010 at 11:13:59 AM Pacific Time
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EXPLORATEUR |
CODE : FPX.T |
ISIN : CA3359371083 |
CUSIP : 335937108 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
First Point Min. est une société d’exploration minière d'or et d'argent basée au Canada. First Point Min. détient divers projets d'exploration au Honduras. Ses principaux projets en exploration sont CORRALITOS au Mexique, DECAR et JOE au Canada et TULE et CAMPORO au Honduras. |