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Re: News Releases - Monday, September 24, 2007
*First Point reports encouraging results from Corralitos
Gold/Silver Property in Mexico Includes 10.7 g/t Gold over 3
metres
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First Point Minerals Corp. ("First Point") (FPX:TSX:V), has received
significant rock channel assay results that include 3.7 grams/tonne
(g/t) gold over 9.2 metres and 10.7 g/t gold over 3 metres (see table
below) from the Main Zone at the Corralitos Property, located in the
State of Chihuahua, Mexico.



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Old Workings & Width Gold Gold Silver
Main Zone Outcrop (Metres) (ppb) (g/t) (g/t)
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Structure A pit 5.6 5745 5.7 7
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Structure A old trench 2.4 5777 5.8 16
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Structure B old trench 3.0 10700 10.7 5
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Structure C stripped outcrop 9.2 3713 3.7 17
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Disseminated Zone outcrop 3.0 6258 6.3 13
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In addition to the above, three rock grab samples that assayed 1.5 to
3.3 g/t gold and 67 to 285 g/t silver were taken from old workings
about 3.5 kilometres east of the Main Zone and are part of First
Point's ongoing wide spaced mapping and sampling program on the
Corralitos Property area. Altered oxidized intrusions and altered
sediments in this area will be mapped and sampled in the next stage of
work.

In the Main Zone samples were taken mainly from old workings (pits and
trenches) within a 300 by 450 metre area where recent mapping and a
soil grid-controlled survey were also completed. The two samples shown
in the table above from structure A were taken 40 metres apart.

Structures A and C consist of strong silicification and zones iron
oxide mineralization whereas Structure B contains both calcite and
quartz fillings. All three structures are hosted in limestone. The
Disseminated Zone occurs in strongly clay-pyrite altered mudstone of
unknown dimension or strike. Except for the Disseminated Zone, the
widths reported in the table are estimated true widths based on surface
structural features or silicified zone orientations.

Structure A trends north-northeast and based on mapping, grab rock
sample results and the distribution of soil anomalies has a potential
of strike length of 350 metres. The Structure B trends east-northeast
and soil results indicate a potential 180 metre strike length.
Structure C is irregular in shape and exhibits both north-northeast and
northwest structural controls which aggregate over a 150 metre strike
length. Selected float rock samples taken from the area of Structure C
range between 9.5 to 13.9 g/t gold. The gold bearing structures (A, B
& C) and Disseminated Zone will be trenched during the next stage of
surface work.

Feldspar porphyries have intruded both the Cretaceous
limestone-sedimentary package and overlying Tertiary volcanics at
Corralitos are spatially associated with gold bearing structures in the
Main Zone as noted in the table. Zones of disseminated sericite-clay
and iron oxide alteration in the porphyry and volcanics have not been
demonstrated to carry elevated gold values but are associated with
significant zinc and arsenic anomalies in both soil and outcrop. This
suggests that the porphyries are the likely source of the gold bearing
structures in the limestones-sediments.

Carbonate-hosted (mainly limestone) deposits in North America are one
of the biggest producers of silver -- lead - zinc in the world (i.e.
Santa Eulalia, Mexico with past production of at least 400 million
ounces of silver and 3 million tonnes of both zinc and lead). The
Corralitos Property contains several carbonate hosted targets including
this exceptional gold target in the Main Zone which is partly covered
by Tertiary volcanics and overburden. First Point's objective is to
further explore this gold target as well as other silver-lead-zinc
targets on Corralitos Property.

First Point has the right to option the Corralitos Property from Teck
Cominco Limited's Mexican subsidiary, Minera Teck Cominco, S.A. de C.V.
"MTC". Under the terms of the agreement First Point, through a Mexican
subsidiary, can earn a 100% interest in the property by spending US$2
million on exploration over the next 5 years and issuing MTC 500,000
First Point shares. On First Point vesting with 100% MTC shall have a
one time right to back-into the property and earn an initial 51% by
spending US$4 million. MTC can increase its interest to 65% by
spending a further $20 million or completing a feasibility which ever
comes first and to 70% by arranging financing for First Point's share
of development costs. If MTC does not make the election to back-in
then it shall retain a 1% NSR.

Surface exploration work at the Corralitos Property was supervised by
Ron Britten, P.Eng. All samples were submitted to Acme preparation lab
in Guadalajara, Mexico and ICP-MS analytical work was completed at Acme
Analytical Laboratory Ltd in Vancouver, BC.

First Point 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.

FIRST POINT MINERALS CORP.

"Peter M.D. 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.

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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 Sep 24, 2007 at 11:46:55 AM Pacific Time
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