First Point Minerals is THE WORLD LEADER in exploration for Nickel-Iron alloy deposits.
First Point is focused on the exploration and development of naturally occurring stainless steel nickel-iron alloy deposits worldwide. The Company's flagship Decar property, located in central British Columbia, is optioned with Cliff Natural Resources, an international mining and natural resource company focused on serving the world's largest and fastest growing steel markets. Nickel mineralization at Decar occurs as disseminated nickel-iron alloy in serpentinized ultramafic rocks. First Point is targeting this same type of mineralization at prospects around the world and at its 10 other 100%-owned properties in British Columbia, the Yukon, Australia and Norway.
Facts about Nickel-Iron alloy deposits:
Naturally occurring stainless steel
Bulk tonnage open pit copper porphyry mining analog
Using known gravity and magnetic extraction methods for metallurgical recovery