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Doubles the Size of Decar Nickel Project to 132 Square Kilometres
posted on
Jun 02, 2009 06:38AM
June 1, 2009
First Point Doubles the Size of Decar Nickel Project to 132 Square Kilometres
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2009) - First Point Minerals Corp. (TSX VENTURE:FPX) has more than doubled its claim position at the Decar nickel alloy property in central British Columbia. Another 6,915 hectares have been added to the northwest of the original 6,268 hectares for a total land position of 13,183 hectares, or 132 square kilometers of contiguous claims. The claims now cover the full extent of the ultramafic belt that hosts of the Decar naturally occurring nickel-iron alloy mineralization.
Mineralization on the Decar property consists of 0.1 to 0.24% nickel-iron alloy which occurs as disseminated grains that average 75% nickel, 23% iron and minor amounts of cobalt and copper. Two main targets have been identified on the property within an area measuring 4,500 meters by 1,300 meters that contains visible disseminated grains of nickel-iron alloy. The Sidney target, located on a flat-topped ridge, occurs 600 meters vertically above the Baptiste target which occurs in a valley to the south of Sidney. This suggests that mineralization may be distributed over a significant vertical dimension indicating good potential for a bulk target.
Metallurgical work is continuing and early season mapping and sampling will begin as soon as snow conditions allow.
Ron Britten, Ph.D., P.Eng., is responsible for the contents of this release.
First Point is a Canadian precious and base metal exploration company focused on the Americas. For more information please view the nickel projects and precious metal projects in Central America at the updated site: www.firstpointminerals.com.