First Point Stakes Nickel-Iron Alloy Occurrences
First Point Minerals Corp. (TSX VENTURE:FPX) reported that the company has acquired mineral claims on its Letain Property in northern British Columbia.
The press release is quoted as saying:
Nickel-iron alloy was observed in 9 out of 35 samples taken from serpentinized ultramafic bedrock while completing a regional exploration program. The disseminated nickel-iron alloy grains reach up to 100 microns in size and occur in an area measuring 300 by 580 meters which is open to the north and south.