VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/20/11 — First Point Minerals Corp. (TSX VENTURE: FPX) („First Point“ or the „Company“) announces that, as a result of a review by the British Columbia Securities Commission („BCSC“), the Company is issuing this news release to clarify and update certain aspects of its disclosure provided in its news releases, third party disclosure and postings previously available on the Company-s website, , relating to the Company-s Decar Property, British Columbia (the „Decar Property“).
First Point wishes to clarify that the PEA is contingent on Cliffs establishing a mineral resource, and that there is no guarantee that further exploration work will result in the delineation of mineral resources suitable for use in a PEA.
Dr. Peter Bradshaw, P. Eng., First Point-s Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.
About First Point
First Point Minerals Corp. is a Canadian base and precious metal exploration company. For more information, please view the Company-s website at .
On behalf of First Point Minerals Corp.
Peter Bradshaw, Ph.D., P. Eng., President
Forward-Looking Statements
Certain of the statements made and information contained herein is considered „forward-looking information“ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company-s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Contacts: Renmark Financial Communications Inc. Peter Mahzari (514) 939-3989 or (416) 644-2020
Renmark Financial Communications Inc. Bettina Filippone (514) 939-3989 or (416) 644-2020
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