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Re:   News Releases - Wednesday, June 24, 2009
      First Point Minerals Acquires Four New Nickel Properties in
      Central British Columbia
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First Point Minerals Corp. (FPX:TSX:V)  has acquired by staking 100% of
four new nickel properties north of First Point's Decar nickel
property. All four properties consist of ultramafic bodies that range
from 3 to 8 kilometers wide, 13 to 20 kilometers long, and extending
over 90 kilometers north from the Decar property and are marked by
aeromagnetic high anomalies.  Including Decar the five properties cover
383 square kilometers.  All are located less than 30 kilometers east of
the Canadian National rail line which runs sub-parallel to the five
properties.  In addition various portions of these properties can be
accessed by logging roads. Decar, the southernmost property, is located
about 80 kilometers north of Fort St. James in Central British
Columbia.
 
These ultramafic bodies are normally 2 or 3 kilometers thick and
represent slices of upper mantle defining the lower sections of oceanic
crust that has been thrust over continental margins.  Ultramafic rocks
generally average about 0.25% total nickel. In most areas of the world
the nickel is chemically bound in silicate minerals and cannot be
commercially recovered.  However, at the Decar property First Point has
discovered large areas where the nickel occurs as a nickel-iron alloy.
This alloy is a naturally occurring stainless steel which is very
magnetic, has a high specific gravity and does not oxidize or rust and
can be much more readily recovered compared to nickel bound in
silicates. Work is in progress using these characteristics to determine
the most cost effective method of mechanically separating the
nickel-iron alloy to produce a salable concentrate. 

Neither this alloy nor the surrounding host rocks contain any sulfur
which provides two significant advantages.  As a significant economic
advantage the concentrate could be shipped directly to steel producers
avoiding the cost of smelting or refining.  As a significant
environmental advantage the tailings and waste rock will not generate
acid waters. As a consequence, tailings impoundment and waste rock
storage facilities for such a project would be relatively
straight-forward to construct and maintain, as compared to the
facilities needed for such purposes for tailings and waste rock from
sulphide nickel mines located around the world. 

Early stage exploration is planned on the four new properties to
determine if nickel occurs as   nickel-iron alloy as previously
discovered in the nearby Decar property.

Peter Bradshaw, Ph.D., P.Eng., the Qualified Person for this project as
defined by National Instrument 43-101 and is responsible for the
contents of this release.

First Point is a Canadian precious and base metal exploration company
focused on the Americas.  For more information, please view the
Company's web site at www.firstpointminerals.com or phone Peter
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 - 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 "firstpoint@firstpointminerals.com"

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) 2009 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 Wed Jun 24, 2009 at 9:07:13 AM Pacific Time
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