First Point Minerals Corp. announced it has received diamond drill core assay results for the Noria target at the Corralitos property, located in Chihuahua State, Mexico. Highlights include; thirteen holes drilled, totaling 1,344 m, 5.87 g/t gold found over a 1.65 m interval in Hole 1, from 55.1 m. Drill results were not in line with what was anticipated, but the Company will asses other prospective drill targets at the Corralitos property over the course of the winter.
First Point Minerals announced that on April 26, 2010, closed its previously announced non-brokered private placement consisting of 15,000,000 units at a price of Can$0.50 per Unit, for gross proceeds to the Company’s treasury of Can$7,500,000.
Announcde results of underground sampling of mineralized veins in the Candelaria Target area of the Corralitos property. At Candelaria a maximum value of 1,040 g/t silver and 3.2 g/t gold over 1.2 m was returned 08DAVC037 from vein 1.
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