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Re: News Releases - Thursday, March 04, 2010
First Point Stakes Nickel-Iron Alloy Occurrences on the Letain
Property, Northern BC
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First Point Minerals Corp. ("First Point") recently acquired mineral
claims on its Letain Property in northern British Columbia.
Nickel-iron alloy was observed in 9 out of 35 samples taken from
serpentinized ultramafic bedrock while completing a regional
exploration program. The disseminated nickel-iron alloy grains reach
up to 100 microns in size and occur in an area measuring 300 by 580
meters which is open to the north and south. Scanning electron
microscope analyses provided a range of 67 to 87% nickel, 12 to 28%
iron and minor cobalt-copper and confirmed the presence of the mineral
awaruite, a naturally occurring stainless steel which contains no
sulphur. Minor heazlewoodite was also noted in composite grains.
Total nickel values in the ultramafic rock samples range from 0.16 to
0.25%.
The 2,295 hectare area of the Letain property is located about 85
kilometers east of Dease Lake and is accessed by a summer exploration
road. The Letain property is one of five nickel-iron alloy properties
in British Columbia owned 100% by First Point. A sixth property, Decar,
is under option to Cliffs Natural Resources Exploration (see details in
News Releases November 13 and December 2, 2009).
The occurrence of nickel-iron alloy in a broad zone on the Letain
property is viewed as very positive. The key exploration objective of
the upcoming 2010 fieldwork program will be to define coarser grained
alloy zones using primarily wide-spaced rock sampling.
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 Mar 4, 2010 at 9:36:58 AM Pacific Time
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VanEck Vectors Global Alternative Energy ETF
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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. |