First Point Minerals update

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Thu, Jan 14, 2010

Iron Company News
Post by Melissa Pistilli, Iron Reporter

First Point Minerals (TSX VENTURE:FPX) reported that the comapny has more than doubled the size of the Baptiste Target on the Decar property in Central BC as a result of the 2009 field work.

The press release is quoted as saying:

The nickel-iron alloy grains average 75% nickel, 23% iron, minor amounts of cobalt and copper and contain no sulphur. They are strongly magnetic, very heavy and malleable, and these characteristics could provide a relatively simple mechanical separation process to recover the alloy in a form that can be sold directly to steel mills.

Click here to access the entire press release

Click here to access First Point Minerals Corporate Site

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