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Re:   News Releases - Tuesday, January 24, 2012
      First Point Minerals Expands its Executive Team
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Vancouver, January 24, 2012 -- The Board of Directors of First Point
Minerals Corp. (FPX-TSX.V) ("First Point" or the "Company") is pleased
to announce the appointment of Mr. James S. Gilbert as President and
CEO, and a Director of the Company.  Dr. Peter Bradshaw, CEO of First
Point since its formation, has been elected Non-Executive Chairman of
the Board of Directors of the Company.

"We are truly delighted that Jim Gilbert has decided to accept the
position of CEO with First Point", states Peter Bradshaw.  "The Company
has reached a pivotal stage in its evolution by demonstrating that
natural occurring nickel-iron alloy is potentially a very important
economic source of nickel.  We have every confidence that Jim can take
us to the next level and I very much look forward to my continued
association with First Point as Non-Executive Chairman."

Mr. Gilbert has 30 years of experience in investment and transaction
execution, with more than 20 years focused on the international mining
and metals industry. His experience covers mergers and acquisitions,
debt and equity financing, off-take and specialty refining agreements,
joint venture negotiations and strategic marketing.  Following
university, he spent an initial five years with Merrill Lynch and
Company, then moving on to the Wharton School, where he received his
MBA in 1988.  Mr. Gilbert then spent a subsequent six years with
Coopers & Lybrand in the Corporate Finance Group, where his mining
experience began with two Latin American privatization mandates.  In
1994, Mr. Gilbert joined the Natural Resources Investment Banking of
Rothschild Inc., rising to the position of Director in the North
American mining and metals team.  During his time with Rothschild, Mr.
Gilbert and his team financed a total of 8 base and precious metals
mines into production.  Following Rothschild, he spent two years as
Chief Investment Officer with Gerald Metals Inc, originating and
managing project investment activities for the group.  Most recently,
Mr. Gilbert spent two years with Minera S.A., a private mining
investment company, as President, CEO, and Director, where he was
responsible for a portfolio of operating, development and exploration
stage base and precious metals projects.

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  www.firstpointminerals.com or contact Peter Bradshaw,
President and CEO, or Rob Robertson, VP Corporate Development, at (604)
681-8600.

On behalf of First Point Minerals Corp.

"John  McDonald"

John A McDonald, Director and Chair of the Search Committee

TSX Venture Exchange: FPX

Suite 906 -- 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: 604.681.8600  Fax: 604.681.8799
e-mail: info@firstpointminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts
responsibility for the adequacy or accuracy of this release.

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Copyright (c) 2012 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 Tue Jan 24, 2012 at 5:00:00 AM Pacific Time
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