======================================================================
News Releases - Monday, May 14, 2007
First Point Minerals Acquires Nickel Properties
======================================================================

First Point (FPX: TSX: V) has recently acquired 100% of two large,
early stage, nickel properties in British Columbia as part of an
expanding nickel exploration program. These properties stem from work
undertaken by First Point a number of years ago when the company
investigated metallurgical recovery of naturally occurring nickel-iron
minerals (not hosted in silicate minerals) and nickel sulphides. Bench
scale metallurgical studies by First Point at that time demonstrated
that the nickel could be extracted by a combination of leaching and
physical separation from certain nickel rich ultramafic rocks with the
particular, and moderately unique, nickel mineralogy. When this initial
work was completed the price of nickel was US$3.50/lb and the economics
of such a project did not appear attractive. With nickel currently
trading in excess of US$20.00/lb these targets are much more attractive
and First Point has renewed its interest in this project by acquiring
properties.

The two properties are each part of large nickel rich ultramafic
complexes. Historic work, done when nickel prices were very much
lower, has been undertaken on these properties and is being compiled.
Future work will be undertaken based on this compilation but will
include initial mapping and sampling as well as additional
metallurgical studies. Dr. Ron Britten, P.Eng is the qualified person
responsible for this release.

First Point Minerals Corp. is a Canadian precious and base metal
exploration company focused on the Americas. For more information,
please view: www.firstpointminerals.com or phone Peter M.D. Bradshaw,
President and CEO, or Ron Britten, Vice-President of Exploration, at
(604) 681-8600.

ON BEHALF OF THE BOARD OF DIRECTORS

"Peter Bradshaw"

Peter M. D. Bradshaw, President

The TSX Venture Exchange has not reviewed, nor accepts responsibility
for the adequacy or accuracy of this news release.

Suite 906 -- 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: (604) 681-8600
Fax: (604) 681-8799
e-mail "firstpoint@firstpointminerals.com"

======================================================================
Copyright (c) 2007 FIRST POINT MINERALS CORP. (FPX) All rights
reserved. For more information visit our website at
http://www.firstpointminerals.com/ or send
mailto:info@firstpointminerals.com
Message sent on Mon May 14, 2007 at 10:59:21 AM Pacific Time
======================================================================
.