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First Point Minerals Updates Progress at Decar; Stock Rises1%

First Point Minerals Corp. (FPX.V) reported on the 2012 drilling progress at the Decar nickel alloy project in central British Columbia.

The company said with 3 drill rigs in operation at Decar since the beginning of July, 19 holes totaling 13, 212 metres of core drilling have been completed to the end of August.

To date, 2,282 samples have been shipped in seven batches to Activation Laboratories in Ancaster, Ontario, for analysis.

FPX rose 1% to $0.425 but has hit day lows. More than 14,000 FPX shares have changed hands.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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