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First Point Reports Decar Nickel Alloy Drilling Progress

Investing News Network
Sep. 21, 2012 02:34PM PST
Base Metals Investing

First Point Minerals Corp. (TSXV:FPX) announced the 2012 drilling progress at the Decar nickel alloy project in central British Columbia.

First Point Minerals Corp. (TSXV:FPX) announced the 2012 drilling progress at the Decar nickel alloy project in central British Columbia.

As quoted in the press release:

The Decar project is in the Preliminary Economic Assessment (“PEA”) phase, and is managed and operated by Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE:CLF)(PARIS:CLF) (“Cliffs”).

With three drill rigs in operation at Decar since the beginning of July, 19 holes totalling 13, 212 metres of core drilling have been completed to the end of August. The objective of the 2012 drill program is to test the limits of higher grade zones by stepping out in the south-central and northwest areas of the Baptiste deposit, and to better define the overall boundaries of the mineralized body. All of the step-out holes are being drilled to a targeted down-hole depth of 600 metres. To date, 2,282 samples have been shipped in seven batches to Activation Laboratories in Ancaster, Ontario, for analysis.

Click here to read the First Point Minerals Corp. (TSXV:FPX) press release.  

canada first point minerals tsxv:fpx nyse:clf
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