Info from Sedar regarding BC prop in 1997Thanks for answering my question re ppm and %.
Here is the rest of my search:
From all the documents on Sedar.com the following is the info about the B.C. properties
First Point Minerals Corp Sedar Search Press Releases
Apr 1, 1997
BC-first-pt-bulk-minable 04-01 0468
News release via Canada NewsWire, Vancouver 604-669-7764 -ME-
Attention Business Editors:
^FIRST POINT OPTIONS PROPETY WITH POTENTIAL FOR BULK MINABLE
SOLVENT EXTRACTABLE NICKEL@
VANCOUVER, April 1 /CNW/ - Dr. Peter Bradshaw, President of First Point Minerals Corp., is pleased to announce that the company has entered into an option agreement on a bulk mineable, leachable nickel target, the Mount Sidney Williams Property, in north central British Columbia. First Point can earn a 100% interest in the property by issuing 300,000 shares, paying $300,000 in
advanced royalties and by performing work requirements totaling $2,000,000 all staged over a five year period. The first six month commitment involves a $10,000 cash payment and a $50,000 work expenditure. A 0.5% NSR with a $2,000,000 cap is payable to the underlying owner Ursula Mowat.
The target of current interest is a large tonnage, bulk mineable,leachable nickel deposit hosted in a broad zone of serpentinized hartzburgite that carries between 0.15 and 0.25% nickel. Two samples of core weighing several kilograms were collected over 10m intervals from two drill holes 600m apart in the main zone. Twenty-four hour preliminary leach tests, using 2%
sulphuric acid saturated with sulphur-dioxide gas, resulted in nickel
recoveries of more than 85%. A third sample from an outlying drill hole recovered 53% of the nickel. Petrographic work, including scanning electron microscope studies, indicate the nickel-iron alloy Awaruite is a common nickel-bearing mineral in these samples and accounts for the high recoveries.
Many ultramafic complexes contain in the order of 0.05 to 0.2% nickel but, in nearly all of these cases, the nickel is held in complex silicates and is not commercially recoverable. Field work and literature search indicates the Mount Sidney Williams Property is quite unique.
The first phase of work on the Mount Sidney Williams Property will commence in June and will involve a comprehensive grid-controlled rock and drill core sampling program with the objective of outlining the extent of easily leached nickel. This work will help plan further drill programs or bulk sampling from surface trenches.
The property is 5575 hectares and was first staked in 1987. Exploration by a variety of groups between 1990 and 1994 focused on gold exploration and included grid controlled-soil sampling, mapping, minor geophysical surveys and 22 drill holes totaling 1541m. Gold mineralization was intersected in a
carbonate-mariposite altered shear. The most significant intersection was 3.4 gm Au/t over 11m.
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BC-first-point-marquette 12-17 0758
News release via Canada NewsWire, Vancouver 604-669-7764 -ME-
Attention Business Editors:
^FIRST POINT MINERAL EXPLORATION UPDATE INCLUDING THE CEDROS, MARQUETTE
AND MAD PROPERTIES@
VANCOUVER, Dec. 17 /CNW/ - First Point Minerals Corp
ASE SYMBOL: FPX
...................In British Columbia at the Mad property, 7 diamond drill holes have been completed, the best result was 1.2 gm/t gold over 0.8m. The vendor, BHP minerals has extended the option for 3 months while First Point considers if further work is warranted. The Mount Sidney Williams nickel property has been returned to the vendor after a combination of field sampling and lab metallurgical testing failed to locate a significant area with high enough grade and recovery to be of economic interest. At the Rock Creek property,
fieldwork did not define an area worth drill testing and the Company's option on this property was dropped...................
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From Annual Report 1997 (filed on Sedar Apr 30, 1998) and
Audited Annual Financial Statements Apr 30, 1998
4. MINERAL PROPERTIES
BRITISH COLUMBIA
Rock Creek
The Company had an option agreement to earn a 50% working interest in 18 mineral claim units located near Osoyoos, BC. The property
was abandoned after a preliminary exploration program.
Mad Property
The Company has an option agreement with BHP Minerals Canada, Inc. ("BHP") to acquire a 100% interest in 101 mineral claim units
located near Lillooet, B.C. by incurring $125,000 in exploration expenditures and issuing 260,000 common shares before March 31,
1998.
Mount Sydney Williams
The Company entered into an option agreement during the year to acquire a 100% interest in mineral claims in the Omenica Mining
District, British Columbia. The property was abandoned after a preliminary exploration program.