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    First Point Minerals Defines Nickel-Iron Alloy Drill Target

    Investing News Network
    Jul. 26, 2011 08:18AM PST
    Base Metals Investing

    First Point Minerals Corp. (CVE:FPX) it has outlined a drill target on the Klow property based on exploration field work on its nickel-iron alloy project.

    First Point Minerals Corp. (TSXV:FPX) it has outlined a drill target on the Klow property based on exploration field work on its nickel-iron alloy project.

    The press release is quoted as saying,

    The Klow property is located 135 kilometres north of Fort St. James and 55 kilometres north of the Decar project. Based on the results of this year’s geological mapping and surface sampling program, First Point has staked an additional 2,093 hectares at Klow, which now totals 5,197 hectares in size. The Company has also staked a new claim group, called the Nat property, totaling 3,537 hectares to the north of Klow. An all-season public road runs along the eastern margin of the Klow property, linking the town of Fort St. James to the village of Takla Landing. An active CN rail line is located about 30 kilometers west of Klow, near Takla Landing.

    First Point’s Vice President of Exploration, Ron Britten says,

    The Klow property hosts significant nickel-iron alloy mineralization. The drill target is comparable at surface in size and grade to the Baptiste zone at our flagship Decar joint venture project, currently being drilled by Cliffs Natural Resources.

    For the complete press release, click here.

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