Posted in | News | Nickel | Mining Business

First Point Provides Update on Decar Nickel Project in Central British Columbia

First Point Minerals Corp. is pleased to provide a corporate update on the status of its 40%-owned Decar nickel project, located in central British Columbia.

Pursuant to the option agreement entered into in November 2009 between First Point and Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs"), effective today the structure of Project ownership has converted to a contractual joint venture, on pre-agreed terms, with initial ownership interests fixed at the current levels of 60% for Cliffs and 40% for First Point.

First Point will continue to engage with Cliffs to understand the potential impact on the Decar project of ongoing developments, and to explore all available opportunities to maximize First Point's participation in the Project's continued advancement.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    First Point Minerals Corp.. (2019, February 17). First Point Provides Update on Decar Nickel Project in Central British Columbia. AZoMining. Retrieved on October 15, 2024 from https://www.azomining.com/News.aspx?newsID=11862.

  • MLA

    First Point Minerals Corp.. "First Point Provides Update on Decar Nickel Project in Central British Columbia". AZoMining. 15 October 2024. <https://www.azomining.com/News.aspx?newsID=11862>.

  • Chicago

    First Point Minerals Corp.. "First Point Provides Update on Decar Nickel Project in Central British Columbia". AZoMining. https://www.azomining.com/News.aspx?newsID=11862. (accessed October 15, 2024).

  • Harvard

    First Point Minerals Corp.. 2019. First Point Provides Update on Decar Nickel Project in Central British Columbia. AZoMining, viewed 15 October 2024, https://www.azomining.com/News.aspx?newsID=11862.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.