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First Point Minerals Announces Positive Metallurgical Test Results

Investing News Network
Jul. 04, 2011 07:59AM PST
Base Metals Investing

First Point Minerals Corp. (CVE:FPX) reports positive metallurgical results from test work for the Decar nickel project in central British Columbia.

First Point Minerals Corp. (TSXV:FPX) reports positive metallurgical results from test work  for the Decar nickel project in central British Columbia.

The press release is quoted as saying,

The metallurgical test work shows the “naturally occurring” nickel-iron alloy is recoverable using a simple, low-risk, conventional two-stage grinding and magnetic separation process. This will produce a ferronickel concentrate grading 2.6% nickel based on an 80% recovery of the nickel-iron alloy, which represents 49% of the rock’s total contained nickel. The concentrate also grades 52% iron as magnetite and 2.2% chromite.

For the complete press release, click here.

tsxv:fpx first point minerals
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